Chinese Expansion Critical to American Superconductor and Satcon Technology's Growth
27 July 2011 - 10:16PM
Marketwired
With the significant decline in green energy subsides coming from
Europe, Chinese exposure has become all the more critical to the
long term growth potential of several alternative energy companies.
The Bedford Report examines the outlook for the alternative energy
sector and provides equity research on American Superconductor
Corporation (NASDAQ: AMSC) and Satcon Technology Corporation
(NASDAQ: SATC). Access to the full company reports can be found at:
www.bedfordreport.com/AMSC
www.bedfordreport.com/SATC
Despite being the world's most prominent polluter, China's
investments into clean technology far surpass the United States.
According to Ernst & Young, China is the most attractive
location to invest in renewable energy projects. The firm says that
the United States slipped to second place last year on the
Renewable Energy Country Attractiveness Indices, which grades
countries on a 100 point scale in national renewable energy
markets, renewable energy infrastructure, and suitability for
individual technology.
The US lost the top spot due in part to China's $11.5 billion in
asset-financing for clean technology in the second quarter of this
year.
The Bedford Report releases stock research on the alternative
energy sector so investors can stay ahead of the crowd and make the
best investment decisions to maximize their returns. Take a few
minutes to register with us free at www.bedfordreport.com and get
exclusive access to our numerous analyst reports and industry
newsletters.
In the US, the Obama Administration has made it clear that green
technologies such as wind and solar power will create the American
jobs of the future. "I don't want the new breakthrough technologies
and the new manufacturing taking place in China and India," Obama
said at a recent clean energy event. "I want all those new jobs
right here in the United States of America, with American
workers."
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members. The Bedford Report has not been compensated by any of the
above mentioned publicly traded companies. The Bedford Report is
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