Hexcel Corporation (HXL) Quote

$IKNX DULUTH, Minn., July 13, 2015 (GLOBE NEWSWIRE) -- IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced today that test results from an independent laboratory confirm its unique process for machining carbon fiber composites results in far less damage to the composite material than conventional drilling. The aerospace industry relies increasingly on the strong lightweight composites in aircraft construction to reduce weight without compromising strength.

In its report to IKONICS, the Mistras Group stated, “The tests were conclusive showing far less stress/internal damage to the panels where the IKONICS AMS Process was used to perforate the composites."

The Mistras test was made using a high resolution C-Scan with an SD-IPR 1210 ultrasonic board with a 20 MHz focal probe. Mistras’ test confirms results using Shearography and visual inspection by IKONICS.

Sue Boudrie, Operations Manager of IKONICS AMS division, said, “We believe that this report further confirms the unique value that the IKONICS Process brings to the machining of carbon fiber composites. In addition to being much less destructive, our technology is cost effective and permits the machining of perforations of any geometric cross section."

News Contact:
Bill Ulland
Chairman, President & CEO
(218) 628-2217
- See more at: http://globenewswire.com/news-release/2015/07/13/751658/0/en/IKONICS-Announces-Mistras-Group-Independent-Laboratory-Report.html#sthash.9PzSQnWs.4aa4bbTX.dpuf

Toray, TRYIY has been making me money. Do some DD if you are interested in carbon fiber.

Lol 30.10 close :)

<<< $HXL Links! >>> ~ MAC's Quick DD Links without the charts.



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PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/HXL


OTC Markets Company Info ~ http://www.otcmarkets.com/stock/HXL/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/HXL/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/HXL/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/HXL/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/HXL/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/HXL/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/HXL/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/HXL/research


Google Finance Summary ~ http://www.google.com/finance?q=HXL
Google Finance News ~ http://www.google.com/finance/company_news?q=HXL
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=HXL
Google Finance Financials ~ http://www.google.com/finance?q=HXL&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=HXL
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=HXL&histperiod=weekly#


Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=HXL+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=HXL+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=HXL+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=HXL
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=HXL+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=HXL+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/HXL
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/HXL
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=HXL+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=HXL+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=HXL+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=HXL+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=HXL+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=HXL+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=HXL+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=HXL+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=HXL+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=HXL+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=HXL+Cash+Flow&annual


FINVIZ ~ http://finviz.com/quote.ashx?t=HXL&ty=c&ta=0&p=d


Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=HXL
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=HXL
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CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=HXL&exchange=US


Barchart Quote ~ http://barchart.com/quotes/stocks/HXL?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/HXL
Barchart Options Quotes ~ http://barchart.com/options/stocks/HXL
Barchart Technical Chart ~ http://barchart.com/charts/stocks/HXL&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/HXL&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/HXL
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=HXL
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/HXL
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/HXL
Barchart News Headlines ~ http://barchart.com/news/stocks/HXL
Barchart Profile ~ http://barchart.com/profile//HXL
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=HXL&view=key_statistics


OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=HXL&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=HXL&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=HXL&MarketTicker=NYSE&Typ=S


Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/HXL/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/HXL/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/HXL/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/HXL/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/HXL
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/HXL/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/HXL/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/HXL/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/HXL/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/HXL/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/HXL/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=HXL&sid=1795093&framed=False


The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=HXL


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StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=HXL
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=HXL


AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=HXL&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8


Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=HXL.PK&WTmodLOC=C4-Officers-5


StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=HXL®ion=U


Search NASDAQ ~ http://www.nasdaq.com/symbol/HXL
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/HXL/dividend-history
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NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/HXL/institutional-holdings
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NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=HXL&selected=HXL
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/HXL/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/HXL/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/HXL/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/HXL/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/HXL/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/HXL/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/HXL/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/HXL/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/HXL/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/HXL/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/HXL/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/HXL/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/HXL/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/HXL/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=HXL&selected=HXL
NASDAQ Financials ~ http://www.nasdaq.com/symbol/HXL/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/HXL/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/HXL/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/HXL/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/HXL/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/HXL/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/HXL/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/HXL/insider-trades/sells


The Motley Fool ~ http://caps.fool.com/Ticker/HXL.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/HXL/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/HXL/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/HXL/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/HXL/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/HXL/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/HXL/Statements.aspx?source=icasittab0000009


MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=HXL


YCharts ~ http://ycharts.com/companies/HXL
YCharts Performance ~ http://ycharts.com/companies/HXL/performance
YCharts Dashboard ~ http://ycharts.com/companies/HXL/dashboard


InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=HXL&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=HXL&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=HXL&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=HXL


Zacks Quote ~ http://www.zacks.com/stock/quote/HXL
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=HXL
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=HXL


Knobias ~ http://knobias.10kwizard.com/files.php?sym=HXL


StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=HXL


Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/HXL/HOT_TOPIC.html


Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=HXL&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=HXL®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=HXL®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=HXL®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=HXL®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=HXL®ion=USA&culture=en-us


CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=HXL


TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=HXL


OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=HXL&searcharea=e&image1.x=0&image1.y=0


Insidercow ~ http://www.insidercow.com/history/company.jsp?company=HXL&B1=Search%21


Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=HXL
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=HXL&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null


YouTube Symbol Search ~ http://www.youtube.com/results?search_query=HXL


Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=HXL


Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=HXL


Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=HXL

Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=HXL
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=HXL

Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=HXL

Investorpoint ~ http://www.investorpoint.com/ enter "HXL" and click search.

Hotstocked ~ http://www.hotstocked.com/ enter "HXL" and click search.

Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=HXL

Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=HXL

DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=HXL

SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=HXL

OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=HXL

Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "HXL" and click search.

http://www.coordinatedlegal.com/SecretaryOfState.html

http://regsho.finra.org/regsho-Index.html

http://www.shortsqueeze.com/?symbol=HXL&submit=Short+Quote%99



DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=HXL
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=HXL
Check those searches for recent HXL mentions. If HXL is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS



MACDlinks

~ Monday! $HXL ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $HXL ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=HXL&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=HXL&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=HXL
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=HXL#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=HXL+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=HXL
Finviz: http://finviz.com/quote.ashx?t=HXL
~ BusyStock: http://busystock.com/i.php?s=HXL&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=HXL >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Close $26.70

anyone else here?

Ahead of the Bell: Hexcel
Shares of Hexcel soar before opening bell on strong 2Q earnings results, boosted guidance

http://finance.yahoo.com/news/Ahead-of-the-Bell-apf-664591974.html?x=0&.v=1

$18.72 close.

Getting close to my selling number.

Trueheart

$18.24 close.

Trueheart

$18.07 close.

Trueheart

$19.12 close.

Trueheart

$18.69 close.

Trueheart

$18.47 close.

Trueheart

$18.34 close.

Trueheart

$17.77 close.

Trueheart

$17.52 close.

Trueheart

$17.80 close.

Trueheart

$17.95 close.

Trueheart

$17.24 close.

Trueheart

$16.38 close.

Trueheart

$16.83 close.

Trueheart

$17.53 close.

Trueheart

$18.40 close.

Trueheart

$18.23 close.

Trueheart

$17.53 close.

Trueheart

$17.33 close.

Trueheart

$17.73 close.

Trueheart

$17.85 close.

Trueheart

$18.66 close.

Trueheart

$19.07 close.

Trueheart

$18.52 close.

Trueheart

$18.69 close.

Trueheart

$18.86 close.

Trueheart

$18.78 close.

Trueheart

Yeah, Real, that number is easy on the eyes. LOL

Trueheart

sweet!

$19.14 close.

Trueheart

I traded HXL after their last reorg back about 2003. They are a better company than Zoltek IMO and now the pps shows it.

Excellent buy and foresight, Real.

What got you into Hexcel?

This is my second go-round with the stock.

Trueheart

I bought HXL back in the $5 range and believe it has a way to go.

$18.69 close.

Trueheart

$18.69 close.

Trueheart

Cool!

Check out CHGI chinese comparable

CES has initiated coverage on CHGI with a Speculative Buy rating and a price target of $3.40 a share
http://tinyurl.com/m3sfe5

Well still chruning at this level, we have intraday support at 13.50 then 12.46
and resistance at 13.70
if we can get past 13.92(nov 4 08 high) I think this will keep moving up

There is alot of speculation with the recent united order (150 planes) which boeing and airbus are bidding for.
Like I stated earlier there is a potential of over $1,000,000 of material for each plane.
We also have the china story and their huge investments in airports and infrastructure as well as the 14.6 billion injection into wind energy.

Wind power becomes Europe's fastest growing energy sourceEurope installs 20 wind turbines a day


you can find the article here
http://www.guardian.co.uk/environment/2009/feb/03/wind-power-eu

or could it be the order of 150 planes that will either go to boeing or airbus whichare both clients of HXL (each plane uses about $1,000,000 worth of hxl material

UPDATE 1-United asks Boeing, Airbus to bid for 150 planes- WSJ
Thu Jun 4, 2009 1:11am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
MARKET NEWS

* Order for 150 new planes

* Could be worth more than $10 bln (Adds details of United's request)

June 4 (Reuters) - UAL Corp's (UAUA.O) United Airlines has asked Boeing Co (BA.N) and Airbus (EAD.PA) to propose competing bids for up to 150 new airliners, the Wall Street Journal reported on its website.

The deal could be worth more than $10 billion for the two aircraft makers, the paper said.

United sent a formal request to Boeing and Airbus on Tuesday, the paper said, citing people familiar with the matter.

The request focuses on replacing many of United's 111-airplane wide-body fleet, as well as some of its 97 aging Boeing 757 narrow-body planes, those people told the paper

We have cnbc stating

"Hexel [HXL 13.02 0.74 (+6.03%) ]—Chinese officials recently announced investing more than $14 billion to more than double China's wind power capacity by 2010. “They just opened a new plant in China, which is going to give them 20 percent growth in the wind segment, and they’re opening a new plant in Colorado,” he said.

Vestas wind system accounted for 11% of HXL sales last year
LOOKS AT WHAT VESTAS IS PLANNING NOW
Denmark's Vestas Wind Systesm (VWS.CO), one of the world's top producers of wind turbines, plans to invest $350 million in its China-based subsidiary in order to meet growing demand for wind power in the country, according to reports.

Since the new year, Vesta China has received several orders for wind turbines, including one from China Guangdong Nuclear Wind Power for a total of 116 wind turbines. Industry Week reported that order was the eigth made by the company, for a total of 500 megawatts (MW) worth of wind turbines.

Vestas also reported sales of 100 MW of turbines for two other projects in China. The developers of those projects were not disclosed.

“As of June 30 2008, Vestas had delivered more than 1,000 turbines to China and we continue to have high expectations for the growing Chinese market,” Lars Andersen, who heads up Vestas's China division, said in the statement.

Vestas China is located in Tianjin's Binhai District, a hub for wind power companies.

China's wind power manufacturing capacity is about 8 gigawatts (GW) and is expected to reach 12 GW by 2010

well HXL is soaring

could be because-------------------->

China to Invest $14.6 Billion in Wind Power by 2010 (Update2)
Share | Email | Print | A A A

By Bloomberg News

June 2 (Bloomberg) -- China, the world’s second-biggest energy consumer, will invest about 100 billion yuan ($14.6 billion) to more than double its wind power capacity by 2010 from last year, a government official said.

The country’s wind power capacity will rise to 30,000 megawatts from 12,000 megawatts, Shi Lishan, deputy director of renewable energy at the National Energy Administration, said in Rudong city in the eastern province of Jiangsu today. China’s wind power capacity was the fourth-largest in the world last year, according to Shi.

Investment in alternative energy may exceed 2 trillion yuan by 2020, the National Development and Reform Commission, China’s top economic planner, said in 2007. Wind power is “vital” as it is the cheapest form of renewable energy, Shi said. About 80 percent of the country’s power is produced from coal.

“The on-grid price for wind power is about 0.5 to 0.6 yuan per kilowatt-hour compared with about 0.2 to 0.4 yuan per kilowatt-hour for coal,” Shi told reporters.

China Longyuan Electric Power Group, which accounts for about a quarter of the nation’s wind-power capacity, plans to boost capacity to 6,000 megawatts by next year and to 20,000 megawatts by 2020, Vice President Huang Qun told reporters.

Longyuan, the renewable-energy unit of China Guodian Corp., one of the country’s five state power producers, was capable of generating 2,630 megawatts of electricity using wind turbines last year, he said.

Huang was accompanying a delegation of media, industry and government representatives on a tour of the 100-megawatt Rudong wind farm operated by Longyuan.

Government Spending

The government has allocated 210 billion yuan for energy- saving and carbon-reduction projects under its 4 trillion-yuan economic stimulus package, the planning commission said in May.

China is separately drafting a long-term plan to develop renewable energy to replace coal and oil with cleaner-burning fuels. Details will be released “soon,” Han Wenke, head of energy research at the commission, said last month.

The stimulus plan will accelerate the upgrading of power grids, Shi said today. There will be no new preferential policies for wind power projects, he said.

The Asian nation became the world’s biggest emitter of greenhouse gases from burning fossil fuels in 2006, followed by the U.S., Russia, India and Japan, according to U.S. Department of Energy data on Bloomberg.

Private Investment

China Resources Power Holdings Co., the third-biggest Hong Kong-listed mainland electricity supplier by market value, said today it received government approval for two wind projects in Gansu and Guangdong provinces totaling 221 megawatts in capacity.

It will cost about 8,000 yuan to add 1 kilowatt of wind capacity in China, about 30 to 50 percent less expensive than in Europe, Shi said.

“It normally takes 10 years for local developers to see returns on their investments in wind farms,” Chen Tao, an adviser at China Energy Conservation Wind Power Investment Co., said by mobile phone from Beijing.

The world’s third-largest economy will increase its wind power capacity by fivefold to 100,000 megawatts by 2020 from at least 20,000 megawatts next year to help fight climate change, Zhang Guobao, director of the energy administration, said May 26.

About five megawatts is sufficient to power about 1,000 households in China on average, Hu Zhaoguang, vice president of the State Power Economic Research Institute, said by telephone from Beijing today.

China could pass Europe, Japan and the U.S. to become the world’s biggest renewable energy consumer by 2010, Washington- based researcher WorldWatch Institute said in November 2007.

To contact the reporter on this story: John Liu in Shanghai at jliu42@bloomberg.net

I'm sure some of you have bnoticed but this stock has doubled in the past few months and it looks very promessing right now.

they sell alot of their composite materials to boeing but the most interesting product is the carbon mesh they sell to make the blades in wind turbines.

With the chinese investing big in wind and obama trying to push the us in the direction of renewable enrgy this company could easily double from here