Wind Power Stocks to Watch: top wind energy companies

Thursday, March 24, 2011

5 Wind Energy Stocks that may benefit from clean power push

In light of the troubles at the Fukushima Daiichi nuclear power plant in Japan, energy authorities worldwide are reviewing atomic power and considering green energy alternatives. For those considering investing in windpower, here we present 5 stocks for you to research and review.

Top global windpower companies

Gamesa (MCE: GAM), (PINK:GCTAF)

Gamesa is the Spain-based, global leader in the wind industry market, with close to 21000 MW installed in 4 continents. With nominal power of 4.5 MW, the Gamesa G10X-4.5 MW is the most powerful onshore wind turbine system in the market. It offers lower cost of energy (CoE) and ease of transport and installation similar to that of a 2.0 MW turbine.

Sinovel Wind Group (SHA:601558)

SINOVEL WIND GROUP CO., LTD. is principally engaged in the development, research, manufacture and distribution of large-scale wind electric power generator sets. The Company primarily provides 1.5 megawatt (MW) series land wind electric power generator sets and 3 MW marine wind electric power generator sets. The Company offers its products under brands named Huarui Fengdian, Huarui Wind, Sinowind, Sinovel Wind, Sinovel and Sinovel Windtec.

Vestas (CO: VWS), (PINK: VWDRY)

Denmark-based Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology that uses the energy of the wind to generate electricity. It offers wind turbines and wind power systems. The company also provides planning, installation, operation, and maintenance services.

Western Wind Energy Corporation (TSX-V:WND)

Western Wind Energy (TSXV: WND) produces clean, renewable energy from more than 500 wind turbine generators located in Tehachapi and San Gorgonio Pass, California. Currently, Western Wind Energy's annual energy output is approximately 34.5 MW.
Western Wind Energy is in the business of acquiring exceptional land sites, capital and technology for the production of electricity from renewable sources. Western Wind Energy conducts its operations in California, Arizona, Ontario, and Puerto Rico through various wholly owned subsidiaries. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.

Xinjiang Goldwind Science (SHE:002202)

Xinjiang Goldwind Science & Technology Co., Ltd is a China-based company engaged in manufacture and distribution of wind turbine generator sets. The Company’s major products are 750 kilowatt (KW) and 1.5 megawatt (MW) wind turbine sets. The Company also involves in spare parts development and manufacture, provision of wind power services, development and distribution of wind farms, as well as development and transfer of wind power technologies, among others. During the year ended December 31, 2009, wind turbine generator sets accounted for approximately 95.33% of the Company’s total revenue