Wind Power Stocks are Spinning

Do you know when the first use of a windmill was recorded? It was first utilized in the 1st Century AD. Can you guess what it was used for? It was used to power an organ.

Some facts about wind power:
1. Wind power generation went up over 300% between 2000 and 2006.
2. It provides 20% of electricity in Denmark.
3. It provides 9% of electricity in Spain.
4. It provides 7% of electricity in Germany.

The following stocks are a list of the pure plays and semi-pure plays in the wind energy field. Many utilities and conglomerates are involved in wind energy. However, companies that have a very small portion of their business in wind were excluded in this report, such as General Electric (GE), FPL Group Inc. (FPL), Hawaiian Electric (HE), and TXU Corp. (TXU).

American Superconductor Corporation (AMSC) has an AMSC Power Systems division which markets electrical systems used in wind turbines, electronic power products that regulate wind farm voltage, proprietary wind energy system designs to wind farm manufacturers, and consulting services to the wind farm industry.

Ameron (AMN) is a Pasadena, California based company that makes and markets engineered products primarily in water pipeline systems but they also make large-diameter wind towers.

Brookfield Asset Management (BAM) is a Canadian based asset management holding company, which has a division that develops wind power throughout Canada, along with the operation of hydroelectric power facilities, interconnections, and transmission facilities throughout North America.

Broadwind Energy, Inc. (BWEN) is a Naperville, Illinois company, which manufactures wind energy products including steel fabricated towers, internal tower components, and other large fabricated components.

Clipper Windpower (CRPWF.PK) is the British manufacturer and marketer of wind turbines, and develops wind power electrical generating projects in North and South America and Europe