Posts Tagged ‘Green Investing’

On the Radar – BlackRock New Energy IT

Those of you who’ve dropped by more than once will know I have a bit of a thing for green energy. And although I’ve always seen Investment Trusts as erring a little too far in the risk averse direction for my liking, if you love a sector, you love a sector. So it’s with that confused logic that I’ve added BlackRock New Energy IT to the radar.

For you chartists out there, I think we’ve seen a nice double bottom (there’s a Benny Hill type gag in there somewhere). There will be no imminent buying but we’ll keep an eye on her and see how things play out in the coming weeks.

Wind Farms – A Breath of Fresh Air

Today marked the opening of Europe’s largest wind farm on Eaglesham Moor in Scotland, not far from Glasgow.

The Whitelee Wind Farm has 140 turbines (each 110 metres high) and the potential to generate enough electricity to power 180,000 homes.

As I type this, our Clipper Windpower holdings are up 5.7% on the day.

Check out more information from the Daily Telegraph and get an aerial tour of the site over at BBC.

Green Jobs on the Rise

According to a recent article from Reuters, despite a slowdown in practically all sectors, Britain’s green job market is thriving.

“Job opportunities in Britain’s renewable energy, energy efficiency, sustainability and corporate social responsibility sectors grow by 58 percent in the past year”.

Read the entire article on the Reuters web site.

Day 13 – Portfolio Value £5,485 Up £215 On The Day

Another mixed day today when you look at the arrows but the performers in our little green portfolio more than compensated for the sliders.

Our latest acquisition, Clipper Windpower powered ahead again finishing up 19.5 pence at £1.45. Not bad when you consider we bought it three short days ago for £1.0450. To date it’s appreciated over 38%.

ReneSola continued it’s good run finishing up 1.75 pence, whilst Climate Exchange dropped two pence on the day. Low Carbon Accelerator did nada on low volumes.

On the Move – Clipper Windpower

Whether it was down to an inspired piece of investment research or unashamed blind luck, Friday’s purchase of Clipper Windpower paid off almost immediately as the share finished 24% up on the day on the back of no news and only slightly higher than average volumes.

I’m pretty sure it was the latter.

But something is afoot, there’s a breeze a blowin’ and Clipper is in as good a position as any to cash in on the inevitable shift toward alternative energy.


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