U.S. Leading Alternative Energy Race -- SatCon and A123 Systems Look to Benefit
07 Februar 2012 - 2:20PM
Marketwired
Clean Energy stocks have performed well in 2012 as U.S. renewable
investments continue to grow. The PowerShares WilderHill Clean
Energy ETF -- which is designed to deliver capital appreciation
through the selection of companies that focus on greener and
generally renewable sources of energy and technologies that
facilitate cleaner energy -- is up more than 20 percent year to
date. Five Star Equities examines investing opportunities in the
Alternative Energy Sector and provides equity research on SatCon
Technology Corporation (NASDAQ: SATC) and A123 Systems Inc.
(NASDAQ: AONE). Access to the full company reports can be found at:
www.fivestarequities.com/SATC www.fivestarequities.com/AONE
A report by Bloomberg New Energy Finance (BNEF) last month said
that the United States last year regained its title as the top
country for clean energy investment, beating out China for the
first time since 2008. Clean energy investments in the United
States rose by 33 percent to nearly $56 billion, while those in
China edged up 1 percent to $47.4 billion.
Michael Liebreich, chief executive of BNEF, warns, however, that
U.S. figures were boosted by a federal loan guarantee programme and
a Treasury grant programme, which has now expired.
Five Star Equities releases regular market updates on the
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Should President Obama earn a second term in office later this
year, US Clean energy could continue to grow. Last month Obama told
crowds in Las Vegas and at a Colorado military base that America
must be able to compete in a global growth industry of coming
decades.
During last month's State of the Union address, President Barack
Obama urged Congress to pass clean energy legislation -- such as an
extension of the expiring production tax credit (PTC), which is
crucial to ensuring the wind industry's short-term viability, as
well as a clean energy standard.
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