Shear Wind Promising 60MW Near Term Production in NS

April 7, 2008 at 5:53 pm · Filed under Investment Review

I don’t really like to call any investment “green”. We stick to the term “greener” as much as possible, because, let’s face it, every effort we make to power our world has some impact on the environment, however small. But wind energy is truly remarkable in that it’s so renewable: As long as the wind blows, there’s clean power to be had.

Wind: It’s not just for sailing anymore.

Shear Wind (TSXV: SWX) is capitalizing on that with a market cap that has grown fourfold over the last 12 months with planned projects that bring some 1500 Megawatts (MW) of wind power capacity to the table. Not bad for a company still trading under $1. In fact, compared to many peers, it’s downright undervalued.The company’s nine projects are located in Nova Scotia, New Brunswick, Saskatchewan and Alberta. Seven projects, for a total of 1149 MW, are advanced-stage/construction-ready projects; two projects (200-250) MW will potentially commence construction in 2009 for subsequent commissioning in 2010/2011.

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In NZ, 77% said “Wind”

April 7, 2008 at 12:02 pm · Filed under Market Watch

The relevance of wind investments keeps jumping with the prevalence of wind farms as the alternative of choice in energy. Here in North America, as with elsewhere in the world, the jury is still out on which sources of energy will prevail in the coming years. Certainly, however, wind energy has the lead in terms of growth. Since 2000, wind power capacity has grown by about 30% annually.In NZ, Kiwis are considering a proposed ban on thermal coal and gas power plants. The alternatives with most support appear to be wind, solar and geothermal.

A poll conducted by New Zealand Business Council for Sustainable Development found that “seventy seven percent prefer wind as the best energy source, 69% solar, 47% geothermal, 40% wave power, 35% small and large scale hydro, 19% nuclear, 10% gas and 8% coal”. Read the rest of this entry »

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