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


Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032