Guess The Index

(OTCBB: XPWR) Selling Wind Turbines in the Largest Market
 

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY, Aug 12, 2011 (MARKETWIRE via COMTEX) — XZERES Corp. (OTCBB: XPWR) announced earlier this week that it has a Letter of Intent for the purchase of $3.2 million of its turbines.
According to renewableenergyworld.com Asia has sustained a record demand for wind power. After claiming less than 1.9 GW of installed capacity in 2000 — representing approximately 10 percent of the global total — the region has rapidly fed its appetite for wind energy. Over the past two years, Asia has emerged as the world’s second largest regional player in terms of total installed wind capacity, capturing 25 percent of cumulative installations in 2009 and 29 percent in 2010, up from 13 percent in 2005. It has also become the fastest growing wind market worldwide, accounting for 47 percent of global annual wind additions in 2010, up from 21 percent in 2005.

For more information, please visit www.xzeres.com.

Other active stocks are Sauer Energy (OTCBB: SENY), Arista Power (OTCBB: ASPW) and Wind Works Power (OTCBB: WWPW).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact:
Eric Jensen
www.ionewswire.com
516.942.4910

Comments are closed.

Ads by

    $('#r-banner').cycle({
        fx:     'scrollDown', 
        easing: 'bounceout', 
        delay:  -4000 
    });
    
Wind Energy Stocks
XPWR.OBN/A  chartN/A
OTTR40.90  chart -0.97%
NEE143.14  chart +1.09%
JUHL.OBN/A  chartN/A
GE27.57  chart +0.07%
HLXW.PKN/A  chartN/A
SENY.OBN/A  chartN/A
ASPW.OBN/A  chartN/A
AMSC4.48  chart -0.22%
INDUN/A  chartN/A
NASDAQ6265.2495  chart +0.46%
S&P 5002438.30  chart +0.16%
1970-01-01 00:00
Join Our Newsletter
* = required field