Market Pulse Breaking News Alert for Monday, March 31, 2008: NCEN – NACEL Energy on Track to Achieve 80-Megawatts of New Energy With Second Wind Power Project in Texas! NOTE TO EDITORS: The Foll
SOURCE:
Market Pulse
2008-03-31 05:30:00
Market Pulse Breaking News Alert for Monday, March 31, 2008: NCEN – NACEL Energy on Track to Achieve 80-Megawatts of New Energy With Second Wind Power Project in Texas!
NOTE TO EDITORS: The Foll
ATLANTA, GA–( EMWNews – March 31, 2008) – Market Pulse News Alert for this AM, Stocks to
Watch are: NACEL Energy Corporation (
Technologies Inc. (
Energy Inc. (
Investors need to be watching NACEL Energy Corporation (
AM! NACEL Energy is engaged in the business of generating clean,
profitable, renewable energy from wind. The company’s holdings include
passive interests in operating, utility-scale, wind energy facilities
located in Wyoming and six other states. They also include an impressive
roster of new joint-venture wind energy projects under development. The
total planned generating capacity of NACEL Energy’s new wind energy
projects is 80 mega watts (MW) – enough energy to supply the daily needs of
25,000 American homes. NACEL Energy has implemented Garrad Hassan’s project
design software to optimize wind turbine siting for maximum energy
production while meeting environmental, technical and construction
constraints. Garrad Hassan is the world’s leading wind energy consultancy.
NACEL Energy is using GH WindFarmer design and optimization technology to
enable world-class energy generation from its growing portfolio of projects
representing 80 MW of new wind power. GH WindFarmer is used by the world’s
major developers, consultancies, owners, operators and manufacturers for
wind power generation projects of all sizes. Users include Florida Power &
Light, Coopers & Lybrand, GE Wind Energy, Alliant Energy Wind Connect,
Babcock & Brown, British Energy, Edison Mission Energy, Conoco, and Tokyo
Mitsubishi. NACEL Energy’s WINDVEST™ is one of the first in America
developing COMMUNITY WIND – utility-scale power generation from wind
turbines, but with a sustainable footprint of less than 20 MW and one or
more members of the local community with a direct financial stake.
WINDVEST™ is a highly innovative proprietary capital structure and
process which enables NACEL Energy to successfully joint-venture with local
wind energy developers, expedite timelines and improve project economics.
The U.S. energy market is changing and the most dramatic increases in the
renewable energy sector have come from wind. Now generating enough energy
to power 4.5 million American homes, wind is the nation’s fastest growing
energy source. In 2007, wind power accounted for 30% of all new U.S. power
generation and more than $9 billion was invested in wind energy facilities.
The global wind market is estimated to be worth $36 billion annually in new
generating equipment, according to the Global Wind Energy Council (GWEC).
Wind farm economics improve as the price of oil increases. Currently there
are 24 states that have adopted mandates and guidelines that require a
certain percentage of energy be utilized from renewable energy resources.
Current revenue-positive projects include passive interests in a wind
energy facility in Wyoming generating power sold through a long term
agreement with the Public Service Company of Colorado and Bonneville Power
Administration and a wind energy facility in New Mexico generating power
sold through a long term agreement with the Southwestern Public Service
Company. NACEL Energy is well-funded, having received capital funding
commitments totaling $3.2 million to finance the development phase of its
36 month strategic growth plan consisting of 80 MW of new wind power
turbine construction. The company’s strong balance sheet boasts total
assets more than 50 times total liabilities, no current debt and virtually
no long term debt. NCEN offers shareholders the unique opportunity to
participate in a fast-growing company with a portfolio of North American
utility and community scale wind power generation assets. CNBC guest
analyst Francis Gaskins just published a new higher $4.00 target on NACEL
Energy. NACEL Energy is poised to become a significant player in the energy
and utilities industry! NACEL Energy just had excellent news out in a press
release before today’s bell announcing they will develop the 20-megawatt
Channing Flats wind energy project – enough new capacity to meet the daily
power demands of 6000 homes! Investors should be watching this one closely!
NACEL Energy Corporation (
of wind power generating clean, renewable energy for America, today
announced the Company will develop the 20-megawatt Channing Flats wind
energy project – enough new capacity to meet the daily power demands of
6000 homes. Both Channing Flats and the Company’s Blue Creek project
announced March 19th 2008 are being developed in the Texas panhandle – one
of the premier wind energy corridors in the United States due to the flat
topography, constant wind velocity and favorable access to transmission
infrastructure. In addition to NACEL Energy, Florida Power & Light, Shell
and BP also have wind energy projects underway in the region.
NACEL Energy President Brian Lavery stated, “The Channing Flats power
generation project enhances NACEL Energy’s present operations and brings us
closer to achieving the Company’s primary goal of developing 80-megawatts
of new wind power capacity over a 36 month period, thereby increasing
enterprise and shareholder value.”
In its latest update, The American Wind Energy Association (AWEA) reported
that Texas consolidated its lead over California as the nation’s number one
wind power State, measured by installed capacity. In total, Texas wind
farms now generate more than 4356-megwatts of wind power – enough energy to
serve 1.5 million homes. (AWEA, “American Wind Energy Association Market
Report,” January 2008)
About NACEL Energy Corporation
NACEL Energy Corporation is a rapidly growing wind power generation company
developing clean, renewable energy for America. NACEL Energy is among the
first in the nation to develop advantageous utility class wind power
generation projects with a sustainable footprint of 20-megawatts and the
participation of local partners. With its expanding pipeline of wind
projects, NACEL Energy is on track to develop 80-megawatts of new energy to
power 25,000 U.S. homes by 2010. NACEL Energy was founded in 2006 and is
headquartered in Cody, Wyoming. For more information visit the website at
Stocks in the news and acting well as of late include: Tessera
Technologies Inc. (
Energy Inc. (
Information contained herein is the opinion of Market-Pulse.com (“MP”) and
is intended to be used strictly for informational purposes. You should be
aware that MP attempts to assure itself of the accuracy of the information
contained in the analyses it publishes. In this regard, MP does, at times,
rely on the accuracy of information supplied to it by the companies which
are the subject of MP’s analyses and/or parties related to those companies.
MP also relies on the accuracy
and integrity of information that is contained in company press releases
and reports filed with the SEC. The companies mentioned in this publication
have not approved the content or timing of the information being published
unless otherwise noted.
MP, because it relies on information supplied by various third parties
disclaims any responsibility for the accuracy of such information. Any
investor considering making an investment in any security which has been
the subject of a MP analysis or opinion should, before making any such
investment, consult with his/her market professional and/or do his/her own
independent research regarding the company which is the subject of an MP
opinion, recommendation or analysis.
Information regarding companies which MP has opined upon is normally
available from many sources including the subject company’s filings with
the SEC and various press releases issued by the company.
You should be aware that MP is often compensated for issuing analyses,
recommendations or opinions concerning particular companies. Its opinion is
therefore not unbiased and you should consider this factor when evaluating
MP’s statements regarding a company. MP has been compensated fifty thousand
dollars from a third party for its coverage of NACEL Energy Corporation.
MP’s officers and directors reserve the right to buy additional shares of
the companies discussed in this opinion and may profit in the event those
shares rise in value. When MP receives shares as compensation for a
profiled company, MP may sell part or all of any such shares during the
period in which MP is performing such services. Market-Pulse.com and Market
Pulse Breaking News Alert are owned by Market Pulse LLC.
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions
