I have been recently thinking to myself, "What is the purpose of this site."

Originally I had grand plans about introducing people to this particular sector of stock investing. I think that alternative energy investing should be a part of your portfolio for several reasons. I feel we should support these companies so they can continue to grow and provide alternative ways to provide energy. I also feel that these companies are ideally poised for tremendous growth in the future as the technology matures. This growth usually means growth in the stock (and profits in your portfolio.) To that end I started this site to gave you ideas on where you can put your money in this sector.

Well for 90% of the people looking to add alternative energy stocks in their portfolio, you should just put the money into the PowerShares Clean Energy ETF (PBW). PBW will give you some good exposure into this sector. In my personal portfolio I have allocated 25% of my money into this sector (my holdings in PBW are 20% of that total.)

For the last couple of months this site has basically degraded into a news aggregation service for Alternative Energy Stocks. That was not my original intention, and keeping it updated with all the news stories has become a burden for me since I currently manage 20 investment sites for my current company, and about 5 other websites for my side hosting business. I also maintain 2 other personal blogs. All of this means I have little time to maintain this website.

I know that there are readers to this website because of the amount of traffic it generates. I also receive frequent press releases and personal requests from some of these public companies to make sure they are mentioned.

So here are my questions to the readers of this website.

1. Do these news stories provide any value to your investing?
2. Have you learned anything new by coming to this site?
3. Is there an audience out there that is interested in investing in these companies rather than the PBW ETF?
4. Are you looking for specific buy/sell/hold advice for these companies?
5. How can this site be changed/updated to better suit your needs?
6. Finally, is there anyone interested in becoming a contributing editor? This is your chance to be part of the blogging revolution. Without some help soon, this site will probably linger in obscurity for sometime.

Please feel free to submit a comment using the form below, or send me an e-mail.

p.s. I just realized I have maintained this site for 1 year. Happy Anniversary to altenergystocks.com.

Posted by Mark Anderson at 03:06 PM | Permalink | Comments (2)

Capstone Turbine Corp (CPTC) said third parties have recently expressed interest in taking over the company. The company said its board has adopted a stockholder rights plan to ensure equal treatment in the event of a takeover attempt. It said its goal is not to prevent an acquisition but to deter coercive takeover tactics. [ more ]

Posted by Mark Anderson at 11:27 AM | Permalink | Comments (0)

IdaTech (IDA) announced it has entered into a new contract with the U.S. Army to continue the development of a portable fuel cell system for military applications. This contact was signed 11 months after one signed in 2004, further establishing IdaTech's advanced portable power systems and integrated Proton Exchange Membrane (PEM) fuel cell system as a potentially key technology for meeting the unique field energy supply requirements of the military. [ more ]

Posted by Mark Anderson at 11:23 AM | Permalink | Comments (0)

Ormat Technologies (ORA) announced that Ormat subsidiary, Puna Geothermal Venture ("PGV"), completed the re-drilling of an existing production well at the Puna Geothermal Project (the "Puna Project") located on the Big Island, Hawaii. The well re-drilling increased net generating capacity of the power plant by approximately 4 MW, bringing total net generating capacity to approximately 29 MW. [ more ]

Posted by Mark Anderson at 11:17 AM | Permalink | Comments (0)

ENDESA (ELE) will have 21.5 MW of new wind capacity in the region of Castilla y Leon once its cogeneration and renewable energy subsidiary (ENDESA Cogeneracion y Renovables: ECYR) completes the construction of the Valpardo wind farm in the town of Navalperal de Pinares (Avila), located in the central part of the Malagon mountain range. The farm is scheduled to start up at the end of this year. [ more ]

Posted by Mark Anderson at 11:15 AM | Permalink | Comments (0)

Quantum Fuel Systems Technologies Worldwide Inc (QTWW) announced that the company has been added to the Russell 2000® and Russell 3000® indexes. The newly reconstituted Russell indexes became effective at the close of the U.S. markets on June 24, 2005. Quantum is one of approximately 31 technology companies added to the index this year. [ more ]

Posted by Mark Anderson at 11:13 AM | Permalink | Comments (0)