Wind Power Stocks are Spinning
. Queen Elizabeth II of England recently purchased the world’s largest wind turbine from the company, which is 492 feet high and will produce 7.5 megawatts a year.
Energias de Portugal (EDPFY.PK) is a Portugal based company, which is one of Europe’s largest electricity providers and the fourth largest wind power producer in the world. One of its newest divisions is Horizon Wind Energy.
Gamesa Corp. (GCTAF.PK) is based in Spain, with 18% of the world’s share of the wind turbine market.
Iberdrola (IBDRY.PK) bought Scottish Power, so it is the world’s largest provider of wind power, and the second largest electric utility in Spain.
Kaydon (KDN) is an Ann Arbor, Michigan based company which makes parts such as custom bearings for windmills. In 2008, they built a state-of-the- art facility in Monterrey, Mexico devoted to servicing the wind energy industry.
MasTec (MTZ) is a Coral Gables, Florida based specialty contractor which builds, installs, and maintains utility and communications infrastructures and builds wind farms.
Nordex (NRDXF.PK) is a German based wind turbine company.
Otter Tail Corp. (OTTR) is a Fergus Falls, Minnesota based electric utility, founded in 1907, which also manufacturers and markets wind towers. They distribute electricity in Minnesota, North Dakota, and South Dakota.
Owens Corning (OC) produces glass fiber reinforced composite materials used in wind energy, transportation, electronics, and the marine industry. Their WindStrandâ„¢ product for windmills is longer, lighter, and less costly than other blades, according to the company.
Thomas & Betts (TNB) is a Memphis, Tennessee based electrical component manufacturer, which provides structural solutions for wind generation.
Trinity Industries Inc. (TRN) is a Dallas, Texas based company which has an energy equipment division which manufactures structural wind towers.
Vestas Wind Systems (VWSYF.PK) is a Denmark based company, which is the world’s largest manufacturer of wind turbines.
Woodward Governor (WGOV) is a Fort Collins, Colorado based manufacturer of electrical power system equipment, which provides wind turbines and switchgear equipment.
Zoltek Companies (ZOLT) is a St. Louis, Missouri based supplier of carbon fiber for windmill blades to major wind energy companies, including DeWind and Vestas.
If you like green stocks, there are several lists of alternative energy stocks available at WallStreetNewsNetwork.com.
Author owns OTTR.
By Stockerblog.com
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By Stocker Blog on 04/05/2010 12:24 am PDT -- Opinion