A few days ago, a post on Dubious Sell-off reported thayt EK (allegedly) reckoned this stock was a racing-cert SELL, even though sp had already plummeted (anew) from 800 ...... As usual I know nothing at all about the company, though its title is self-explanatory.

Make up your own minds what to do, but certainly an interesting one to watch .....

looks like EK got this right (again), and City will sure not like this new admission of failure just a month after previous similar

Yes he has an inspired intuition for these things

much as PIs may hate him, is clearly a very clever chap, his tips always being helped by the fact that heas a large following ....... however, it would be interesting to know whether or not he closed his short on SOLA prior to the current major bear squeeze

Make your own...
http://www.mdpub.com/Wind_Turbine/index.html

This is a blown away

very low volume, so suspect very illiquid

I'd say the short has been missed now.

RNS Number : 8515J
Clipper Windpower PLC
10 December 2008



Clipper Windpower - Operational and trading update

London (UK), Carpinteria, CA (USA) - December 10, 2008. Clipper Windpower Plc ('Clipper' or 'Company') provides an update on its activities.

As of the end of November 2008, 100 units of the Liberty turbine have successfully achieved over 1,000 operating hours. The turbines are performing well with average fleet availability above 90 percent, which exceeds the current fleet wide contractual requirements (excluding turbines shut down in order to undergo blade skin work). Over 95 percent of these turbines are operating at an average of 95 percent availability.

For the year to date, Clipper installed 294 units and mechanically completed 250. The Company expects to exceed 300 installed turbines by year end 2008. The final number of turbines achieving revenue recognition this year will ultimately depend on customers' certifications of commissioning and their grid connection schedules.

The 2008 year end cash balance is now expected to be in a range of $150 to $200 million compared to previous estimates of around $250 million. The change in estimate is mainly due to an estimated doubling of accounts receivable balances, certain agreed to customer payment deferrals, and some delayed commissioning resulting primarily from late customer grid connections. As a result of current credit market conditions, the Company has renegotiated certain payment terms and delivery schedules for future orders. No orders have been cancelled; however, certain milestone payments previously expected in late 2008 have been rescheduled into 2009.

Doug Pertz, President and Chief Executive Officer of Clipper Windpower, said: 'I am delighted that we have reached this important milestone in Clipper's evolution. The achievement of the 100@1000 target is an important endorsement of our technology and its deployment in the field. I am also pleased with our continued strong pace of turbine installations in line with our previous estimates and customer commitments.'

About Clipper Windpower Plc

Clipper Windpower Plc, www.clipperwind.com, is a company engaged in wind energy technology, turbine manufacturing, and wind project development. With offices in the United Kingdom, United States of America (California, Colorado, Iowa, and Maryland), Denmark, and Mexico and a ISO9001:2000 QMS Certified, 330,000 square foot manufacturing and assembly facility located in Cedar Rapids, Iowa, the Company designs advanced wind turbines, manufactures its 2.5 MW Liberty wind turbine and actively develops wind power generating projects in the Americas and Europe. Clipper is a public company listed on the London Stock Exchange's Alternative Investment Market (AIM). Clipper's ticker symbol is CWP.

Repair bill hits Clipper Windpower
May 15 2009

Losses at Clipper Windpower have widened in spite of a jump in sales as the maker of wind turbines was hit by defective turbine components and a recent slowdown in demand.

Pre-tax losses for the full year to December grew 63 per cent to $313m (206m) on revenues that were 30 times as high as the previous years. Sales jumped from $24m to $734m.

The losses were the result of a $300m programme of repairs on defective drive trains and rotary blades after defects were discovered in some Liberty-class turbines.

The company has completed half the remediation work on the defective turbines that are already installed. The rest of the work will be finished by the third quarter.

As a result of the global recession, a number of its customers have deferred deliveries.

Clipper still expects to deliver between 300 and 325 turbines this year.

At the start of the year the company slashed headcount by 90, a reduction of 11 per cent of its total employees and 30 per cent of its turbine production workforce.

Our customers need financing in order to buy our turbines and finance their wind farm projects. So, as a result of the crash in the debt markets, our customers were not able to finance their purchases in turbines from us, said Doug Pertz, chief executive. However, the company is looking forward to a boost in renewable investments from the US stimulus package.

We think the stimulus package and the whole policy that the Obama administration has with both renewables and climate change will be extremely positive for the wind industry, for renewables and for Clipper, Mr Pertz said.

But while the policy is out there, and the laws have been passed, the implementation of it the rules and the money is not there yet.

Wow! Is this a BUY now at 95p?

on what grounds?

I don't know, cynic. You got any opinion on this? Looks cheap, though.

only budgerigars go cheep!
windpower may well be one of the greenies flavours of the month, but is this really the stock to carry the flag?
i see no obvious reason why it should be and the chart is truly dire - look at the 5 year one

in skiing terms we would label this a black run next stop 62p break through that and your off pist

It's on the black run since the beginning of 2010.

workable in 10k ..... thinking about joining the downhill skiers

ski run is shut!!

On the subject of wind power ,I am thinking of investing in Hansen transmissions in light of the their agreement with Romax tecknology. any advice would be appreciated.