Clean Energy Stocks Trading Alert; American Superconductor Trading up on News of Korea Electric Power Deal

Loading...
Loading...
Point Roberts WA - September 29, 2011 (Investorideas.com renewable energy/ green newswire) Investorideas.com, a leader in cleantech investor research, issues a trading alert for American Superconductor Corporation
AMSC
.The stocks is trading at $4.33, up 0.45 (11.60%) 2:16PM EDT, with a high on the day of $4.70. Korea Electric Power Corporation (KEPCO), LS Cable & System and American Superconductor Corporation
AMSC
announced that the world's longest distribution-voltage superconductor cable system has been energized at the I'cheon substation located near the city of Seoul. Powered by AMSC's Amperium™ superconductor wire and installed in Korea Electric Power Company's (KEPCO) electricity grid, the 22.9 kV alternating current (AC) cable system is capable of carrying approximately 50 megawatts of power. This is longest HTS cable in the world to be energized in the grid utilizing second generation (2G) superconductor wire and is also currently the longest distribution voltage superconductor power cable in operation. "The energizing of the I'cheon substation has great historical significance and demonstrates that Korean power electric technology is at a world-class level," said Yup Heo, Executive Vice President of KEPCO's construction division. "Based on the technology and the know-how from this installation, KEPCO will continue to develop transmission voltage superconductor power cables and is securing the world's top superconductor technology and market position."
About American Superconductor
AMSC
AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure - from generation to delivery to end use. The company is a leader in renewable energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The company also offers a host of Smart Grid technologies for power grid operators that enhance the reliability, efficiency and capacity of the grid, and seamlessly integrate renewable energy sources into the power infrastructure. These include superconductor power cable systems, grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC's technologies are protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and licenses worldwide. More information is available at www.amsc.com. Use the renewable energy stocks directory to research 1300 green stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp About Investorideas.com - a leader in cleantech investor research Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch. Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com Investors - sign up for free green stocks trading alerts and news http://www.investorideas.com/Resources/Newsletter.asp Follow Renewable Energy Stocks on Facebook.com http://www.facebook.com/renewableenergystocks Disclaimer/ Disclosure: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894 Investorideas.com was not compensated by BIOX CORPORATION
BX
For more information about Investorideas.com contact: 800.665.0411
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: MarketsTrading Ideascleanenergygreeninvestmentsstocks
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...