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

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008