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Renewable Energy Companies Thriving In Volatile Market![]() In a recent analyst survey, a number of high-growth wind and solar companies received favorable "buy" ratings. |
U.S. wind energy companies collectively invested $9 billion dollars in 2007 building 5244 MW of new wind power facilities -- a new record according to the American Wind Energy Association (AWEA) and enough additional energy to supply 1.5 million homes.
U.S. solar companies are also growing at their fastest pace in history -- more than 324 MW of new capacity was added last year, according to the Solar Energy Industry Association (SEIA).
In a recent analyst survey, a number of high-growth wind and solar companies received favorable "buy" ratings.
Investology Research has a "positive" buy recommendation on NACEL Energy. Earlier this month, the Wyoming based wind Company announced a financing for a major 80 MW expansion -- enough new energy to service 25,000 homes. NACEL Energy is one of the few "wind-only" energy companies in the utility-power producer sector.
Piper Jaffray upgraded SunPower to a "buy" and Banc of America Securities reiterated its "buy" on Suntech Power Holdings. Both are leading manufacturers of photovoltaic products and systems used in solar power generation.
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