Change Winds Blow for Renewable Energy Income Trusts
Renewable energy is still very much in its infancy, which means that companies in the space are either profitless or high-multiple startups, or divisions of much larger companies (GE Wind (NYSE:GE), or utilities such as FPL Group (NYSE:FPL) and Xcel (NYSE:XEL) which get much of their power from conventional generation.) This presents a dilemma for investors who understand the compelling drivers for the sector, but whose risk tolerance or financial needs indicate an income-based investing strategy. Canadian Income Trusts in Renewable Energy A few Canadian Income Trusts have historically gone some way towards filling this niche....
Hydropower project tested on Merrimack
Privately held Verdant Power is developing technology for a new type of hydropower that, unlike conventional hydropower, does not involve the use of dams. Instead, it seeks to capture ''kinetic energy" from the moving water found in tidal streams, rivers, and the ocean, and in human-made facilities such as aqueducts and irrigation canals. This project will be developed on a section of the Merrimack River in Massachusetts.
$3 Billion For Cleantech & Alt Energy
Charles Morand The DOE made public earlier today the amount of money that will awarded to clean power projects in lieu of the usual tax breaks: $3 billion. This will allow project proponents to receive a direct cash grant now instead of a Production Tax Credit or an Investment Tax Credit later on. The guidance document notes the following: "Section 1603 of the Act’s tax title, the American Recovery and Reinvestment Tax Act, appropriates funds for payments to persons who place in service specified energy property during 2009 or 2010 or after 2010 if construction began...
Tidal flow to power New York City
Verdant Power plans to plunge six electricity turbines into the East River. If the $4.5-million project is successful, the generators will form the first farm of tide-powered turbines in the world. The plan is to attach the machines, which look like small wind turbines, to concrete piles hammered into the bedrock nine metres below the river's surface. As the tide surges in and out, the heads pivot to face the current and the blades spin.
Wave machine supplies power to national grid
British engineers have succeeded in supplying electricity generated from wave power to the national grid for the first time. A machine off the coast of Orkney has been generating electricity for a week. Its performance is being monitored by scientists at the European Marine Energy Centre. also more about this story at
List of Hydroelectric Stocks
Hydroelectric stocks are publicly traded companies whose business involves converting the energy of falling water into electricity.
This list was last updated on 11/20/2020.
Andritz AG (ADRZF,ANDR.VI)
Brookfield Renewable Energy Partners (BEP)
Contact Energy Limited (CEN.NZ, COENF)
Genesis Energy (GNE.NZ)
Innergex Renewable Energy Inc. (INE.TO, INGXF)
Iniziative Bresciane S.p.A. (IB.MI)
Companhia Energética de Minas Gerais (CIG)
Mercury NZ Limited (MCY.NZ)
Meridian Energy (MEL.NZ)
National Hydro Power Corporation (NHPC.NSE)
National Thermal Power Corporation (NTPC.NSE)
Reservoir Capital Corp. (REO.CN. RSERF)
RusHydro (HYDR.L, RSHYY)
Satluj Jal Vidyut Nigam Limited (SJVN.NSE)
Trustpower (TPW.NZ)
Verbund, AG (VER.VI, OEZVY)
If you know of any hydroelectric stock that is not listed here and should be, please let us know by leaving a comment. Also for...
Income From Hydroelectric Power
by Debra Fiakas CFA Are you an investor hungry for current income? Is there a green line of global warming fear running through your investment selections? I have stock that fulfills both requirements. Brookfield Renewable Energy Partners (BEP: NYSE) is a renewable power producer with assets in Canada, the U.S. and Brazil. Brookfield generates over 5,900 megawatts of power each year from plants running on river water, wind or natural gas. Another 2,000 megawatts is apparently under development in Canada and Brazil. What Brookfield does best is hydroelectric production. The company claims over 170...
Internal Hyrdo Sets Alternative Energy Unit Deployment for U.S.
Internal Hydro International Inc. (IHDR) announces that it will be field testing production units of the Energy Commander V 30 Kw small hydro product. These EC V untils are able to supply a constant 30 kilowatts of constantly available electricity via the natural flows of water from dams, water pipelines, streams and rivers.
Internal Hydro International Inc. Enters Phase II of Operations
Internal Hydro International Inc. (IHDR) is now entering the Second Phase of its business plan, which will be deployment of the company's patented energy production technology, called the Energy Commander IV (EC IV). The Company has entered into a sales agreement that will place ten units in applications in the Southwest United States, while placing other units in the Eastern United States in various areas of use.
New York to rely more on renewable power
New York will dramatically boost its reliance on renewable energy sources like wind and water over the next nine years under a policy approved by state regulators Wednesday. Clean energy advocates and state officials said the action by the state Public Service Commission places New York among the leaders nationwide in the development of renewable energy. It comes 20 months after Gov. George Pataki first called for a statewide standard that would encourage the production of environmentally friendly energy.
Another Look at the Algonquin Power Income Fund
Tom Konrad, Ph.D., CFA The Algonquin Power Income Fund (AGQNF.PK) has been one of my star performers in an excellent year. Is it still a good investment at these prices? Since I recommended the Algonquin Power Income Fund (AGQNF.PK/APF-UN.TO) in January as a renewable energy income stock for 2009, the company is up 69%, in addition to the C$0.02 monthly dividend, worth approximately another 8% through August on the US$1.82 purchase price, making it the second-best performing of my ten picks (after Cree, Inc (CREE).) However, since the major basis for my recommendation at the time was the...
BT gets behind renewable energy
British Telecom has announced a three-year plan to get all of its energy needs from renewable sources - the biggest such project in the world. The electricity used, worth hundreds of millions of pounds, could power a city the size of Nottingham. Renewable sources of energy include wind, wave and solar power, rather than using fossil fuels like oil or coal.
Water Treatment With a Latin Beat
by Debra Fiakas, CFA
The post “Water: Invisible Crisis” on December 6th highlighted the building problem of inadequate supplies of quality water in Latin America. The World Water Council’s Comision Nacional Del Agua reports that As much as one-third of the Latin America population lacks access to safe water. Unabated pollution and lack of water treatment have been identified as culprits. In South America, for example, 40% to 60% of water comes from aquifers that are subject to increasing pollution from untreated run-off from mining and agriculture operations.
Our survey of Latin America water sector in South America found an interesting mix of pollution abatement and water treatment...
Administration Lays the Groundwork for Hydropower Boom
Tom Konrad CFA The US Department of the Interior, the Department of Energy (DOE), and the US Army Corps of Engineers are quietly laying the groundwork for a renewable energy boom that you might not expect. What they've done is announce a memorandum of understanding to work together to support environmentally sustainable hydropower. They're not talking about building new dams, which have questionable environmental benefit, but rather to remove barriers to developing cost-effective hydropower at existing dams and waterworks. Hydropower does not get much attention from investors. In large part, that's because of the lack...
Internal Hydro International Inc. Announces Purchase Contract of $2,250,000 for 100 Energy Units and...
Internal Hydro International Inc. (IHDR) announces that the Company has entered into a purchase agreement with El Tigre Development Inc. (ETIG) for the purchase of 100 Energy Commander Units. The purchase price of the 100 units will be $2,250,000.00 for placement by ETIG in the United States and elsewhere. The agreement calls for IHDR and ETIG to share in revenue generated from each unit beyond the purchase price. The Energy Commander technology uses IHDR's patented low impact hydro technology utilizing water or gas flow from any source where pressure is present. The technology uses water or gas pressure...
Newsweek Special Report
"Experts generally agree that our current reliance on fossil fuels is unsustainable. Already oil is near $50 per barrel, and the great millions of Chinese and Indians destined to take to the road in the next decades have not yet gotten behind the wheel." This week Newsweek has written several special reports about alternative energy in all its forms. All of these reports can be found at the following link.
