Sep 6, 2011

Green Investments Report by Conserv-A-Store week ending 9/2/11

 Here's your Green Investments Report courtesy of Conserv-A-Store for the week ending 9/2/11

The up and down stock market continues and may until later in the year when it could perhaps solidify a bit.

Below are excerpts from a 9/2/11 NY Times article on how the US Photovoltaic manufacturing sector has taken a big hit recently as Chinese overproduction of PV has put pressure on prices and yanked the margins of the US competitors


The bankruptcies of three American solar power companies in the last month, including Solyndra of California on Wednesday, have left China’s industry with a dominant sales position — almost three-fifths of the world’s production capacity — and rapidly declining costs.

Some American, Japanese and European solar companies still have a technological edge over Chinese rivals, but seldom a cost advantage, according to industry analysts.............

Besides Solyndra, the other two American manufacturers that filed for bankruptcy in August were Evergreen Solar, of Massachusetts, and SpectraWatt, a New York company. Another company, BP Solar, halted manufacturing at its complex in Frederick, Md., last spring..........

Analysts say that two American companies remain strongly placed. One is First Solar, the largest American manufacturer, which uses a different technology but has its biggest factory in Malaysia. The other, SunPower, is much smaller but is an industry leader in the efficiency with which its panels convert sunlight into electricity, so that they sell at a premium to Chinese panels.

China’s three biggest solar power companies — Suntech Power, Yingli Green Energy and Trina Solar — have all in the last two weeks announced second-quarter sales increases of 33 to 63 percent from a year earlier.

With these developments we will change our portfolio a bit, deleting Evergreen Solar and adding First Solar and Trina Solar so we still have an American owned company and we add a Chinese owned company. We will backdate the changes to the first of 2011.

Here's your portfolio as of Friday. Please email us suggestions or visit our website Conservastore.com
for all your Green Products needs

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

4.27 -0.09 04:01
-0.01
1 16.30 01/03/2011
-1.54
-73.80 0.00
0.55
FAN:US ($)
First Trust Global Wind Energy ETF

8.99 -0.13 09/02
-0.13
1 10.40 01/03/2011
-1.41
-13.56 7.16
8.99
GAAEX:US ($)
Guinness Atkinson Funds - Alternative Energy Fund

4.08 -0.15 09/02
-0.15
1 5.24 01/03/2011
-1.16
-22.14 3.25
4.08
GAIA:US ($)
Gaiam Inc

3.70 -0.01 09/02
-0.01
1 7.67 01/03/2011
-3.97
-51.76 2.95
3.70
ICLN:US ($)
iShares S&P Global Clean Energy Index Fund

12.36 -0.56 09/02
-0.56
1 16.07 01/03/2011
-3.71
-23.09 9.84
12.36
KWT:US ($)
Market Vectors Solar Energy ETF

7.10 -0.358 09/02
-0.36
1 11.17 01/03/2011
-4.07
-36.44 5.65
7.10
NALFX:US ($)
New Alternatives Fund Inc/fund

37.34 -0.96 09/02
-0.96
1 40.88 01/03/2011
-3.54
-8.66 29.72
37.34
PBD:US ($)
Powershares Global Clean Energy Portfolio

10.76 -0.30 09/02
-0.30
1 14.12 01/03/2011
-3.36
-23.80 8.56
10.76
RSOL:US ($)
Real Goods Solar Inc

2.10 +0.02 09/02
+0.02
1 2.45 01/03/2011
-0.35
-14.29 1.67
2.10
VWDRY:US ($)
Vestas Wind Systems A/S

6.51 -0.33 09/02
-0.33
1 11.14 01/03/2011
-4.63
-41.56 5.18
6.51
WFIFF:US ($)
WaterFurnace Renewable Energy Inc

19.881 -0.1365 09/02
-0.14
1 24.63 01/03/2011
-4.75
-19.28 15.83
19.88
WGGFX:US ($)
Winslow Green Growth Fund

12.26 -0.39 09/02
-0.39
1 14.62 01/03/2011
-2.36
-16.14 9.76
12.26
Totals
-3.32
-34.85
-21.72
125.63
* Shows Yield for some Money Market funds.


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