Carson City, NV– The U.S. wind industry broke all previous records by installing nearly 10,000 megawatts (MW) of new generating capacity in 2009—enough to serve over 2.4 million homes. These new projects place wind power neck and neck with natural gas as the leading source of new electricity generation for the country. Together, the two sources account for about 80% of the new capacity added. (American Wind Energy Association, Market Update, Q1 2010)
With the new capacity added in 2009, the total wind power capacity now operating in the U.S. is over 35,600 MW, generating enough to power the equivalent of 9.7 million homes. America’s wind power fleet will avoid an estimated 62 million tons of carbon dioxide annually, equivalent to taking 10.5 million cars off the road, and will conserve approximately 20 billion gallons of water annually, which would otherwise be consumed for steam or cooling in conventional power plants. (American Wind Energy Association, Market Update, Q1 2010)
According to the World Wind Energy Association (WWEA) in its World Wind Energy Report published March 2010, 38 Gigawatt of wind power were added in 2009, bringing worldwide wind capacity to 159 Gigawatt. Wind power showed a growth rate of nearly 32%, the highest rate since 2001.
Here Enterprises Inc. (HRTE) is a growing developer of wind energy engaged in planning, developing, acquiring and operating wind farms in the United States. Here Enterprises is focused on maximizing the value of each wind farm by operating a commercial business on the land.
The company’s first project is located in wind-rich Floresville, Texas where Here Enterprises has planned a wind farm on property that hosts an established, revenue-producing motocross speedway. Here Enterprises’ newly acquired Cycle Ranch Motocross Park subsidiary is advertised as one of the five best motocross tracks in the nation and offers an ideal site for wind energy generation.
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Stocks to Watch:
Here Enterprises Inc. (OTCBB:HRTE), Magic Software Enterprises Ltd. (NASDAQ:MGIC), Ness Technologies Inc. (NASDAQ:NSTC), International Development and Envi Hldgs (OTCBB:IDEH), Supatcha Resources Inc (OTCBB:SAEIE), 3DICON CORP (OTCBB:TDCP), Blockbuster Inc. (PINK:BLOAQ)
Featured Stock:
Here Enterprises Inc.
(OTCBB:HRTE)
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Other Stocks to Watch:
Magic Software Enterprises Ltd. (NASDAQ:MGIC)
Magic Software Enterprises Ltd. develops, markets, sells and supports an application platform and business and process integration solutions.
Ness Technologies Inc. (NASDAQ:NSTC)
Ness Technologies, Inc. (Ness) is a global provider of information technology (IT), and business services and solutions with specialized expertise in software product engineering; system integration, application development and consulting, and software distribution.
International Development and Envi Hldgs (OTCBB:IDEH)
International Development and Environmental Holdings is a development-stage company. It is engaged in environmental remediation activities.
Supatcha Resources Inc (OTCBB:SAEIE)
Supatcha Resources Inc. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits it discovers, which demonstrate economic feasibility.
3DICON CORP (OTCBB:TDCP)
3DIcon Corporation, a development stage company, focuses on developing and marketing full-color, 360-degree person-to-person holographic technology
Blockbuster Inc. (PINK:BLOAQ)
Blockbuster Inc. is a global provider of rental and retail movie and game entertainment, with over 6,500 stores in the United States, its territories and 17 other countries as of January 3, 2010
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