Clipper Windpower Share Discussion Threads

[andrbea] 24/7/2006 12:13

wind power in Europe

[andrbea] 24/7/2006 09:16

By the end of this year, Suzlon Energy hopes to make the leap to third place in turbine sales in the US, up from fifth last year. GE Energy, based in Atlanta, Georgia, is the US' biggest domestic seller of wind turbines.

The company reported worldwide sales of US$830 million for the year ended March 31. In the US, Suzlon commissioned 80 turbines over the past year and hopes to sell more than 200 over the next year. All of their turbines are being sold to local investors and farmers, who pay between US$1 million and US$2 million for each.


A wind farm located near Livermore, California, is seen here on June 28. California has the largest wind farm capacity in the US, followed by Texas, Iowa and Minnesota, according to the American Wind Energy Association.
PHOTO: AP

A mix of federal and tax incentives, not to mention high fuel prices, are drawing local investors into the wind market. The federal government, for instance, offers a US$0.019-per-killowatt hour tax credit; in Minnesota, the state offers another US$0.015 credit. Small investors in Minnesota can negotiate with utility companies for further production credits.

According to the Minnesota Department of Employment and Economic Development, one or two turbines can generate profits of US$100,000 per year, once the capital expenditures are paid off.

Last fall, Suzlon Rotor broke ground on a US$14 million plant the size of two-and-a-half football fields on the edge of Pipestone. The plant will employ 275 people and churn out its first rotor in October. The rotor comprises the three blades of a turbine, the nose cone and the mechanics inside the cone.

Suzlon Energy already makes the rotors in India. But the high cost of shipping the parts and the chance to get in on the ground floor in the US market -- where just 1 percent of the electricity comes from wind energy -- proved enticing.

GE Energy, Spain-based Gamesa Eolica and Clipper Windpower of Carpinteria, California, are among the other turbine makers hoping to capitalize on the growing US market. Clipper opened a plant in Cedar Rapids, Iowa, several months ago.

"What we are seeing is more investment among manufacturers in opening plants, and that is a reflection of the speed of the North American market," said Christine Real de Azua, a spokeswoman for the American Wind Energy Association.

Among the new power plants that came on line last year, wind power was second after new natural gas, she said.

Beyond Minnesota, a number of other states beckon. California has the most installed capacity, followed by Texas, Iowa and Minnesota, according to the American Wind Energy Association.

In Minnesota, there is currently enough capacity to generate about 750 megawatts of wind energy. The legislature and Governor Tim Pawlenty have set a goal of 800 new megawatts of community-based wind energy by 2010.

July 24

[andrbea] 21/7/2006 14:41

CTC: rival exporter of wind turbines (to China)
(must be a market for cwp here too)

[andrbea] 21/7/2006 14:15

in China (update)

Scramble for wind power market heats up

[andrbea] 21/7/2006 10:29

Its recent success has made wind power the one renewable energy source which poses a potentially serious threat to market share for electricity from traditional sources, especially coal and nuclear power. And though wind's share of the power market is still small, its growth has been stunning.

July 10

[andrbea] 21/7/2006 10:25

Cashing in on China's renewable energy boom
Industry players race to get piece of estimated $200 billion investment

Updated: 1:35 p.m. ET July 19, 2006
China is set to spend $200 billion on renewable energy over the next 15 years, and industry players are racing to grab a slice of the action.

[andrbea] 21/7/2006 09:32

GE Energy dominated the U.S. market in 2005. Its turbines accounted for nearly 60% of the new capacity added. Vestas turbines accounted for nearly 30%. Mitsubishi, Suzlon, and Gamesa round out the top five. Suzlon, Gamesa, and Clipper Wind have recently established manufacturing facilities in the U.S. As new entrants come into the U.S. market, it is expected to become less concentrated.

*NEG Micon has now merged with Vestas; Siemens purchased Bonus; and GE Energy purchased the wind turbine manufacturing component of Enron Wind.

March 15 2006

[andrbea] 21/7/2006 09:19

chevron - cwp - wyoming

The American-made Clipper Wind Power turbines considered by Chevron are so quiet that people can conduct a conversation beside them, Cunningham said.

The wind itself is noisy, he added.

[andrbea] 20/7/2006 12:26

With active negotiations for other turbine and portfolio sales currently taking place, it is possible that further contracts will be announced before the Clipper EGM [Extraordinary General Meeting] and at that stage an update will be given on our business plan."

countdown to 7 Aug then

[andrbea] 20/7/2006 10:52

And this is where the winds of Kansas blow into the story. Astoundingly, the state of Kansas alone has the wind energy potential to supply 1/3 of United States energy needs. It is therefore no surprise that Kansas leads the nation in per year renewable energy output. TradeWind Energy, a rapidly growing Kansas wind energy corporation, estimates that wind power is the world's fastest growing energy source. Internationally, its use has increased, explains one official, by thirty-five percent annually for the past five years. Across the state, wind farms have been popping up-put together by environmentalists and farmers (typically at odds in the black-and-white red-state/blue-state dichotomy)-faster than bindweed in fresh soil. This year, in Butler County, Kansas, for instance, farmers-turned environmentalists have made their property available to wind farm development. TradeWind Energy as well, is expecting a dramatic increase in wind farm production in the near future-especially in surrounding states-as information about environmental concerns and wind power's potential become more available.

[andrbea] 20/7/2006 10:50

Warming up to wind power

[andrbea] 20/7/2006 10:23

anyone know if clipper's turbines are technically superior to those of suzlon?

growing market anyroad

suzlon said in May 2006

profits after tax: up 108%

[andrbea] 20/7/2006 08:19

The alternative energy group and turbine manufacturer Clipper Windpower continued to attract buyers after Friday's big announcement about a tie-up with BP that could be worth £4bn to the group. The integrated oil giant acquired a five-year option to buy 10 per cent of Clipper at 377p per share – a deal that already looks like a winner as Clipper powered 64p better to close at 426.5p.

[andrbea] 20/7/2006 08:17

wind power in california too

About Suzlon Energy Ltd.
Suzlon Energy Ltd. (Suzlon) is the world's largest wind turbine generator (WTG) manufacturer in terms of market capitalization. The Company has been ranked the 5th largest in the world, and the largest in India and Asia in terms of market share in 2005. In India, the Company has been the market leader for eight years consecutively, installing 53% of the capacity added in 2005. Its accumulated sales were INR 3841.03 cr. as of March 31, 2006.

Suzlon offers customers total wind power solutions including consultancy, manufacturing, operations and maintenance services. Suzlon is a multinational company with offices, R&D and technology centers, manufacturing facilities and service support centers spread across the globe. Suzlon's global footprint includes Asia, Australia, Europe, and North America.

With the increasing demand and the advantage of being an end-to-end solution provider in its field of activity, Suzlon plans to increase its presence within India, and around the world. It already has projects at 27 locations in seven States in India and the US, with projects in South Korea and China underway. Suzlon has design and R&D teams and facilities in Germany, Netherlands and India. The international business of Suzlon is managed out of Aarhus, Denmark where Suzlon has established a wholly-owned subsidiary, Suzlon Energy A/S, which in turn has country headquarters in Beijing, Chicago and Melbourne for China, United States and Australia respectively.

Suzlon's quality systems have been certified by Det Norske Veritas (DNV), one of the leading global registrars of quality systems, as being in compliance with the requirements of ISO 9001:2000.

Visit us at www.suzlon.com.

[andrbea] 19/7/2006 15:52

Monday, July 17, 2006

Government proposals for more power from alternative sources have fired up shares in environmentally friendly firms.

By Kathryn Cooper

Green energy firms, star stock-market performers over the past three years, got a further boost last week when the government unveiled its long-awaited review of the sector.

/...



The government said last week it wanted electricity suppliers to generate 20% of their energy from renewable sources by 2020, compared with only 4% today.

Commentators say onshore wind power is likely to provide the bulk of this, even though the energy review suggested shifting subsidies towards less-mature technologies such as offshore wind and tidal power.

Britain has several wind firms listed on AIM, including Clipper Windpower, whose shares cost 362Ap on Friday, and Renewable Energy Holdings, at 37Ap

[abcd1234] 19/7/2006 13:17

well, another 3.9% yesterday
now + 3.5% today

I might have to stay a day longer at this rate, before i sell prob tomorrow morn

[andrbea] 19/7/2006 12:37

re-reading it the "5-year pipeline" sounds good, as does the "900" figure:

These orders represent the initial deliveries under the long-term supply agreement for up to 900 Liberty turbines over the next five years.

"This strategic alliance provides both Clipper and BP an unparalleled opportunity to capture a major foothold in the U.S. wind energy market," said Clipper Windpower CEO James Dehlsen. "It enables Clipper to secure a pipeline of turbine deliveries in the next five years. The consideration for the proposals will assist in the execution of these deliveries. With active negotiations for other turbine and portfolio sales currently taking place, it is possible that further contracts will be announced before the Clipper EGM [Extraordinary General Meeting] and at that stage an update will be given on our business plan."

[andrbea] 19/7/2006 09:44

recent links to the deal

[abcd1234] 17/7/2006 17:46

28% friday
18% today....held intraday high, no real dip
could not be better

I am absolutely delighted, thats just about enough for me now. will see if there is anymore short term upside, b4 deciding to exit/sell for the shortterm at least, tomorrow or later this week depending on shareprice

would be happy for all to benefit volsung,seriously, I'm delighted for anyone to make money from the mkts....seems only just

makes a change from just the mm's ;O)

[volsung] 17/7/2006 17:03

youse are lucky pigs so youse are! Be nice if the CWP effect could spread to other wind companies - like REH for example.

[stegrego] 17/7/2006 08:28

Why 10 deleted trades in the first 15 deals???

[stegrego] 17/7/2006 08:02

As suspected - impossble to buy any at all - price in backwardation....