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To: tktrimbath who wrote (741)2/13/2012 2:53:25 PM
From: Doren
   of 789
 
> I missed a similarly sad bit of news about the superconducting side

I haven't seen anything.

No doubt investors are wary of stories in general, and tired of waiting for a breakthrough on superconducting materials. Most of AMSCs current businesses I think are thin profit margin businesses.

If they discover a breakthrough with high temperature superconductors that might give them the opportunity to compete with high profits and a huge barrier to competition. Even with a breakthrough the product, presumably superconducting cable and wire, would have to be cost effective. That's a pretty tall order.

Otherwise they seem to be plodding along. I would love to see them succeed but baring any inside information on their superconducting business investing in AMSC is pretty speculative.

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From: David C. Burns2/15/2012 2:35:43 PM
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U.S. to Share Cautionary Tale of Trade Secret Theft With Chinese Official

By JONATHAN WEISMAN
NYTimes


China’s next leader, Xi Jinping, may never have heard of American Superconductor Corporation before he arrived here Monday, but by the end of his visit United States officials hope to make the small Massachusetts wind-energy company an object lesson in the impact of Chinese trade secret theft on American business. Senator John Kerry, chairman of the Senate Foreign Relations Committee and a Massachusetts Democrat, plans to raise personally with Mr. Xi the case of a company that saw 70 percent of its business evaporate last year after a Chinese partner enticed one of its employees to steal the crown jewel of its technology.

nytimes.com 

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From: David C. Burns2/23/2012 9:37:17 PM
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Wind power on pace to zip past nuclear power worldwide

With the wind at its back, global wind power generation capacity has increased 10-fold over the past decade and is on pace to surpass nuclear power output within five years, according to industry experts.

ajw.asahi.com 

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From: David C. Burns4/3/2012 3:01:29 PM
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Spain Imposes "Temporary" Halt to New Renewable Energy and Co-generation Projects


Faced with growing fiscal challenges and the specter of increasingly trigger-happy credit rating agencies, the new center-right Spanish government has acted to temporarily put a halt to awarding new feed-in tariff (FIT) contracts starting in January 2013. The move is expected to have immediate impacts on approximately 4,500 MW of wind power projects, 550MW of solar PV projects, as well as a number of projects in other technology classes.


renewableenergyworld.com 

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From: tktrimbath6/30/2012 10:48:37 AM
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INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I post in case it helps others too.

AMSC (was called American Superconductor)
AMSC (market cap $0.244B)
AMSC started as a company built around making and selling superconducting cables. The cables aid high-efficiency power transmission the way fiber optics aid telecommunications; i.e. high tech sends more stuff down a much smaller pipe. That has big implications for the energy efficiency of power transmission, power regulation, and motors. Along the way they bought a wind turbine design company that brought them early revenue while the technical side of the superconducting cables was worked out. The wind turbine side did marvelous, until their customer backed out, possibly because they'd learned (possibly inappropriately) to compete with AMSC. That situation is now the focus of a major court case in China. I expected the cable news to be more obvious by now, but the main news seems to be about the Tres Amigas Power Interconnector rather than sales of cables, regulators, or motors. They continue to make tens of millions of dollars but that's down from the hundreds of millions they made when Sinovel was their customer.

I am hesitant about the company because they seemed to have lost their momentum when their intellectual property was stolen. But that IP was for wind power, not superconducters. But, where's the news of the big orders for cables and the retrofits of large urban centers? The name change suggests that they are de-emphasizing superconductors, but that puts the focus back on wind power where they had their problems. Even if they win their court case, it will take years and will never fully compensate them for the delays (or me because I'll probably have been forced to sell by then. Bills must be paid.) I think they have tremendous potential, and their price/sales, price/book, and debt all are favorable. Power efficiency will continue to gain prominence and that industry should grow.

I might buy more if I had the discretionary funds, but I'd buy slowly as I listened for the sound of them gaining traction via sales.

DISCLOSURE LTBH since 2003 but the first shares were sold years ago. I bought more after the main drop, and have been surprised that the knife continued to fall. Unfortunately, I may have to sell if I can't find a job or sell my house.
(I've also collected links to the other discussion boards and my other stocks over on my blog trimbathcreative.wordpress.com)

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From: David C. Burns7/22/2012 2:25:30 PM
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Why do ‘experts’ always lowball clean-energy projections?

grist.org 

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From: David C. Burns8/6/2012 7:02:39 PM
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The Vast Potential for Renewable Energy in the American West

Arizona, California, Colorado, Nevada, New Mexico, and Utah—the “Four Corners” states plus their western neighbors—are home to some of the best renewable electricity potential in the country.

This issue brief assesses the federal government’s “reasonably foreseeable development scenarios” for the likelihood of renewable energy development on public lands in these six states. These analyses examine the economic and policy conditions in the six states to determine how much renewable energy on public lands could realistically be generated over 20 years and we find that more than 209,000 direct jobs could be created by building these 34.4 gigawatts.

americanprogress.org 

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From: David C. Burns8/8/2012 7:25:03 PM
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Offshore Use of Vertical-axis Wind Turbines Gets Closer Look

renewableenergyworld.com 

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From: David C. Burns8/21/2012 4:13:24 AM
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Maps Show The Incredible Potential Of Renewable Energy

fastcoexist.com 

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From: David C. Burns9/11/2012 10:04:15 AM
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Wind could meet many times the world’s total power demand by 2030, Stanford reseachers say

kurzweilai.net 

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