Nasdaq Makes Semi-annual Changes Clean Edge Green Energy Index

As stock markets around the world react to the continuing financial crisis, Nasdaq OMX Group Inc. and Clean Edge Inc. have announced the results of the semi-annual evaluation of the Nasdaq Clean Edge Green Energy Index (CELS), which will become effective with the market open on Monday, March 23, 2009.

Nasdaq said that Raser Technologies Inc. (RZ) will be added to the Index. As a result of the evaluation eleven securities will be removed from the Index. They are listed below along with their ticker symbols.
  • Altair Nanotechnologies Inc. (ALTI)
  • Ascent Solar Technologies Inc. (ASTI
  • Aventine renewable Energy Holdings Inc. (AVR)
  • C&D Technologies Inc. (CHP)
  • Capstone Turbine Corporation (CPST)
  • China Sunergy Co. Ltd. (CSUN)
  • EMCORE Corporation (EMKR)
  • Gushan Environmental Energy Limited (GU)
  • Plug Power Inc. (PLUG)
  • Power-One Inc. (PWER)
  • Vicor Corporation (VICR)

The CELS is designed to track the performance of clean-energy companies that are publicly traded in the U.S. The five major sub-sectors that the index covers are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.

In a related story, Clean Edge last week, released its annual Clean Energy Trends report. Among the major trends to watch was the energy storage market. RenewableEnergyWorld.com’s Jennifer Runyon had a chance to catch up with Clean Edge contributing editor Clint Wilder about the energy storage market and the report. To hear that conversation, play the video below.

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