Wind Energy

American Superconductor and China Ming Yang Wind Power

stocks have struggled immensely in the past year, with several companies facing margin squeezes due to overcapacity and plunging prices caused by a surge in manufacturing and competition from low-cost producers in China and other countries. To add to the sector’s turmoil, the U.S. Department of Energy recently warned that supply constraints could hike costs for several alternative energy firms. The Paragon Report examines investing opportunities in the Alternative Energy Sector and provides equity research on American Superconductor Corporation (NASDAQ: AMSC) and China Ming Yang Wind Power Group Ltd. (NYSE: MY).

The clean tech industry could face potential hurdles in the coming years, as a limited supply of the rare earth metals used to build wind turbines, electric vehicles, solar cells and energy-efficient lighting could raise costs. The substances — dysprosium, terbium, europium, neodymium and yttrium — face potential shortages until 2015, according to a report from the US Department of Energy (DOE), which reiterates concerns identified a year ago.

"While these materials are generally used in low volumes relative to other resources, the anticipated deployment of clean-energy technologies could substantially increase worldwide demand," the report said.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Alternative Energy sector register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters

China Ming Yang Wind Power Group Limited designs, manufactures, sells, and services megawatt-class wind turbines in China. In the late stages of 2011, the company said that rising expenses pushed its third-quarter profit down 42 percent, even though its revenue rose 28 percent. Revenue rose to $298.7 million (RMB1.9 billion) from RMB1.49 billion in the third quarter of 2010. The company attributed the gain to higher wind power project output as it commissioned more turbines.

Access to the full company reports can be found at:

www.paragonreport.com/AMSC

www.paragonreport.com/MY