Point Roberts WA - August 4, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 3rd Aug.
Wind stock, Clean Wind Energy Tower Inc (OTCBB: CWET) ended the day flat at $0.24.
The Company recently reported it had filed with the United States Patent & Trademark Office, a patent application titled "Advanced Construction Using Precision Adjustment, Joining and Strengthening Techniques."
The patent application describes and claims exclusive rights to an innovative building system and method that allows very strong and long-lasting structures to be built to standards of accuracy usually associated with precision machining. This technology is key to building large and rugged structures that will endure the everyday stresses and environmental variations prevalent over periods estimated to exceed fifty years.
According to GE Reports blog, "Wind power is here to stay. As engineers work towards building a more connected and smarter energy grid, the intermittency of wind becomes less of an issue. GE’s newest gas turbines, which are able to ramp up and down quickly in response to weather-dependent wind turbines and solar panels, helps make the integration of renewables into the overall grid more efficient. In this wind-friendlier environment, GE Energy has announced a slew of deals in recent weeks to supply new wind farms around the world with its next generation turbines.”
General Electric Company (NYSE:GE) and Wind Capital Group said that they reached a deal for 228 wind turbines along with operations and maintenance services for a pair of projects in Oklahoma and Kansas. Financial terms were not disclosed.
Under the agreement, GE will supply 94 of its 1.6-100 wind turbines for the Oklahoma project and 134 of its 1.5-82.5 wind turbines for the Kansas project. The turbines for both projects are scheduled to be delivered in the first half of 2012.
Shares of GE closed 1.05% high to $17.39.
Envision Solar International, Inc. (OTCBB: EVSI) shares added 7.41% to $0.29. The company recently announced that the company has completed the design, engineering and fabrication of the first commercial offering of its "Socket™" design, a mini Solar Tree® canopy. The structure is being shipped to a site in northern California for installation in July.
Wind Works Power Corp (OTCBB:WWPW) gained 3.17% to $0.325.The company announced it has signed an agreement for a $20 Million financing for Thunder Spirit, a 150 megawatt (MW) wind energy project located in North Dakota. Wind Works holds a 75% interest in the project. The financing is non-dilutive at the public company level.
Evergreen Solar, Inc. (NASDAQ:ESLR) moved 0.050 (13.51%) to close at $0.0.42.
Hoku Corporation (NASDAQ:HOKU) gained 0.04 (2.76%) to $1.49.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc, is designing and preparing to develop, and construct large " Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology. www.cleanwindenergytower.com
Clean Wind Energy, Inc. Contact:
1997 Annapolis Exchange Parkway Suite 300
Annapolis , Maryland 21401
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