in News Departments > FYI
print the content item

The NASDAQ OMX Group Inc. and Clean Edge Inc. have introduced the NASDAQ OMX Clean Edge Global Wind Energy Index (Nasdaq: QWND), a modified market-capitalization index. It includes manufacturers, developers, distributors, installers and users of energy derived from wind sources.

"Wind energy was a $30 billion global industry in 2007 and is projected to continue growing in the years ahead," says Ron Pernick, Clean Edge co-founder and managing director. "This benchmark enables investors to track the performance of pure-play and multinational companies that are key drivers of this rapidly expanding industry."

Invesco PowerShares Capital Management LLC, a provider of exchange-traded funds (ETF), will develop an ETF based on the new index and list it on NASDAQ.

SOURCE: Invesco PowerShares LLV

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015