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Green Chip Stocks Index:

ABB (ABB) - 20.64 ↑ 0.20

Canadian Solar (CSIQ) - 28.62 ↑ 0.90

Chipotle Mexican Grill (CMG) - 653.03 ↑ 11.31

Daqo New Energy (DQ) - 41.96 ↑ 0.27

First Solar (FSLR) - 54.37 ↑ 1.14

General Electric (GE) - 25.03 ↑ 0.21

Hannon Armstrong (HASI) - 13.88 ↑ 0.19

Hanwha SolarOne (HSOL) - 1.95 -0.01

iPatch DJ-UBS Coffee (JO) - 37.39 -2.32

iPath Pure Beta Coffee (CAFE) - 24.50 -1.56

JA Solar (JASO) - 8.00 ↑ 0.05

Maxwell Technologies (MXWL) - 9.54 ↑ 0.02

NRG, Inc. (NRG) - 28.44 ↑ 0.23

NRG Yield, Inc. (NYLD) - 44.83 -0.19

Ormat (ORA) - 28.02 ↑ 0.30

Pattern Energy Group (PEGI) - 28.19 -0.38

SolarCity (SCTY) - 53.92 ↑ 2.41

SunEdison (SUNE) - 17.90 ↑ 1.28

SunPower (SPWR) - 30.35 ↑ 0.94

TerraForm Power (TERP) - 27.77 ↑ 2.82

Tesla (TSLA) - 230.47 ↑ 2.99

TransAlta Renewables (RNW) - 11.34 ↑ 0.00

Trina Solar (TSL) - 10.28 ↑ 0.14

U.S. Geothermal (HTM) - 0.52 -0.02

Whole Foods Market (WFM) - 37.20 ↑ 0.26

Yingli Green Energy (YGE) - 2.95 ↑ 0.09

Denmark Wind Power

Another Gigawatt of Wind Power for Denmark

By Sam Schrader   

We recently learned that the Denmark has agreed to boost the country's offshore wind energy capacity even further. Considering Denmark is already a leader in wind energy, this is a pretty big deal.

With new support from the government, two new offshore wind parks with a total capacity of 1,000 megawatts (MW), are now underway and are expected to be in operation by 2020.

The additional gigawatt of power will add to Denmark's existing 3.9 gigawatts of operating wind capacity.

These wind farms currently account for a fifth of the nation’s total energy needs, by far the largest proportion in the world.

According to Minister for Climate, Energy and Building Martin Lidegaard, the construction of these additional wind farms will be built in various locations around the country. So far a 400 MW farm will be built at Horns Rev in the North Sea where a 160 MW park and a 209 MW second phase are already functioning. The next step will be to build a 600 MW park at Kriegers Flak in the Baltic Sea between Denmark and Sweden.

This is all part of the Danish government’s plan to have 50% of the nation’s electricity demand met by wind. In addition, Lidegaard stated the government hopes to have 35% of all energy consumption come from renewable resources.

Because of these efforts, Denmark is on the path to reducing its greenhouse gas emissions from the 1990 level by 34% by 2020, along with total energy consumption dropping 12% from the 2006 level.

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