LAS VEGAS, Aug. 4, 2009 (GLOBE NEWSWIRE) -- A report released this year estimates the U.S. wind energy market at $150 billion, a projection that should increase enthusiasm for U.S. wind energy companies like Nacel Energy Corporation (OTCBB:NCEN).
The report declares that "Companies involved in the manufacturing and distribution of products related to wind energy are anticipating a banner year for 2009 as a new base of customers inherit the wind as their primary source of energy." Additionally, the report, which is available via purchase, estimates that the total wind energy market in the U.S. is valued at $151.3 billion. It states that the growth in wind energy experienced in 2008 was driven by skyrocketing fossil fuel and oil prices for commercial and home heating, long-term demand for renewable energy sources domestically, and improvements in technology that streamlines the manufacturing of wind turbines, especially for larger machines required for offshore wind farm initiatives.
This report is of potential interest to investors and management of the following wind power companies: Xcel Energy Inc. (NYSE:XEL), Trinity Industries Inc. (NYSE:TRN), Otter Tail Corporation (Nasdaq:OTTR), and Kaydon Corporation (NYSE:KDN).
http://www.companiesandmarkets.com/r.ashx?id=NH05924D484347
As glowing forecasts such as the aforementioned arise, it is essential to remain critical and to continue to parse fact from fiction. In any industry when enormous interest abounds, small companies will rush to try and secure that interest by throwing a deal together and issuing news that sounds a lot like they are making progress. But one way to separate longshot deals from others with the stuff to execute a business plan is to look at the quality of news they are putting out. Are they continuing to make real progress? Are they acquiring assets or relationships now that will be imperative to their success later? Does a collective view of the company's news releases convey progress and aptitude? If the answer is yes then the company perhaps warrants inclusion in your Watch List.
Along these lines, Nacel Energy Corporation continues to issue the type of news that few others will unlikely ever announce, adding to their vast wind power portfolio dramatically. A brief review of NCEN at any quote site online is the first step to reviewing Nacel's progress.
For a Nacel Energy profile please visit http://smallcapsentinel.com/ncen
Also of interest:
"Investing in the Clean Energy Bill."
http://smallcapsentinel.com/CleanEnBill
"The Future of Alternative Energy: Two Billionaires, the President and You."
http://smallcapsentinel.com/altenergy6-25
Register to receive information on this subject at http://www.smallcapsentinel.com/register
Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $40,000 by Before the Bell Consulting, an investor relations consultant to Nacel Energy (NCEN) for this report and other advertising services. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies. Nacel's inclusion in Fortune Magazine was paid-for by Nacel.
CONTACT: Integrity Media Inc.
Kurt Divich
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