Saturday 22 September 2007

Clipper Windpower

Clipper Windpower appeared in a recent Daily telegraph Aim Market company profile. Clipper is developing a new offshore wind turbine with a 150m wingspan on a 115m high tower with a generating capacity based around a 7.5 megawatt machine. This is significantly higher than the existing generating capacity of 2.5 megawatts.

California based Clipper Windpower was floated on AIM in 2005 at 200p a share. The price peaked at 916p in June 2007 before two profits warnings drove the price down to below 500p a share in September 2007.

CEO Jim Dehlsen says that the company is working through its supply problems and is ironing out problems with its manufacturing process. The testing phase is expected to start in 2009 or 2010.

Friday 7 September 2007

Cool Earth

Do you fancy owning your own piece of Amazonian Rain forest? The following site allows you to do just that.

http://www.coolearth.org/

Founded by Frank Field, the Labour MP for Birkenhead, and Johann Eliasch the founder of the sporting goods company Head who put his money where his mouth is and purchased 400,000 acres of Amazonian Rainforest from a logging company.

In a similar vein, the World Land Trust, whose Patron is David Attenborough, buys up land for various projects across the world.