Sep 26, 2011

Green Investing Reports by Conserv-A-Store week ending 9-23-11

Conserv-A-Store's Green Investing Report for the week ending 9-23-11

At our Green Network Group Meeting this week we discussed the fate of Solyndra, the solar manufacturer that received federal loan guarantees from the stimulus bill but then went belly up when the Chinese over production of silicone solar wafers forced the price of Photovoltaic basic ingredients way down.

A friend that attends the meetings  and works for a local solar PV manufacturer says the Solyndra process, which is different from the more popular use of silicone chips was the problem in Solyndra's downfall. He says PV can be manufactured profitably in the USA although sourcing must be global.

We  mentioned on our twitter account before that our local utility OUC or Orlando Utilities is building a solar farm near it's coal fired power plant in east Orange county Florida. The farm is close to a major road so one can see the building going on. We found it curious that the major solar panel being used in the project is by Yingli solar out of China. Seems that a community owned utility could purchase US made solar panels even if they were a bit higher.

So this gets to the heart of the problem.
-Does the USA offer duties to discourage importing of Chinese product.
-Does the USA attempt to make product made in China meet the same pollution controls and workplace environment that would be found in the US or Europe? This would raise the price of the Chinese product greatly.
-Should the USA not have a Green Production czar or a cabinet member post for Green development?


These would be questions that should be asked of every politician when you research their planks for the 2012 election we feel.

Here's our portfolio for this week-still sorta rocky:


  Today   Since Purchased  
Symbol/Name Price* Change Last
Trade
Gain/Loss
(USD)
Shares Price
Paid
Purchase
Date
Gain/Loss
(USD)
% Change % Port Value
(USD)
2208:HK (HKD)
Xinjiang Goldwind Science & Technology Co Ltd

3.60 -0.08 04:01
-0.01
1 16.30 01/03/2011
-1.63
-77.91 0.00
0.46
FAN:US ($)
First Trust Global Wind Energy ETF

7.93 +0.01 09/23
+0.01
1 10.40 01/03/2011
-2.47
-23.75 7.40
7.93
GAAEX:US ($)
Guinness Atkinson Funds - Alternative Energy Fund

3.25 +0.03 09/23
+0.03
1 5.24 01/03/2011
-1.99
-37.98 3.03
3.25
GAIA:US ($)
Gaiam Inc

3.41 -0.06 09/23
-0.06
1 7.67 01/03/2011
-4.26
-55.54 3.18
3.41
ICLN:US ($)
iShares S&P Global Clean Energy Index Fund

9.67 +0.18 09/23
+0.18
1 16.07 01/03/2011
-6.40
-39.83 9.02
9.67
KWT:US ($)
Market Vectors Solar Energy ETF

5.14 +0.04 09/23
+0.04
1 11.17 01/03/2011
-6.03
-53.98 4.80
5.14
NALFX:US ($)
New Alternatives Fund Inc/fund

33.70 +0.08 09/23
+0.08
1 40.88 01/03/2011
-7.18
-17.56 31.44
33.70
PBD:US ($)
Powershares Global Clean Energy Portfolio

9.13 +0.10 09/23
+0.10
1 14.12 01/03/2011
-4.99
-35.34 8.52
9.13
RSOL:US ($)
Real Goods Solar Inc

1.89 -0.01 09/23
-0.01
1 2.45 01/03/2011
-0.56
-22.86 1.76
1.89
VWDRY:US ($)
Vestas Wind Systems A/S

5.04 -0.08 09/23
-0.08
1 11.14 01/03/2011
-6.10
-54.76 4.70
5.04
WFIFF:US ($)
WaterFurnace Renewable Energy Inc

16.0108 +0.3913 09/23
+0.39
1 24.63 01/03/2011
-8.62
-34.99 14.94
16.01
WGGFX:US ($)
Winslow Green Growth Fund

11.54 +0.16 09/23
+0.16
1 14.62 01/03/2011
-3.08
-21.07 10.77
11.54
Totals
+0.83
 
-53.31
-33.22  
107.17



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