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Thursday, March 18, 2010

A123, Satcon, STR Holdings join Nasdaq cleantech index

By Mass High Tech staff

Watertown-based A123 Systems Inc. (Nasdaq:AONE), Boston-based Satcon Technology Corp. (Nasdaq:SATC) and Enfield, Conn.’s STR Holdings Inc. (Nasdaq:STRI) will be added to the Nasdaq Clean Edge Green Energy Index, intended to track stock performance of publicly traded, clean energy companies in the U.S., according to a release from the Nasdaq OMX Group Inc. and Clean Edge Inc.

News of the local securities listings, effective March 22, accompanies the addition of six other company listings to the Index — Aixtron AG (Nasdaq:AIXG), Green Plains Renewable Energy Inc. (Nasdaq:GPRE), Universal Display Corp. (Nasdaq:PANL), Power-One Inc. (Nasdaq:PWER), UQM Technologies Inc. (AMEX:UQM) and Veeco Instruments Inc. (Nasdaq:VECO).

The Nasdaq OMX Group and Clean Edge conducted the semi-annnual evaluation, which resulted in the additional nine securities listings, as well as the removal of six non-New England-based securities — Advanced Analogic Technologies Inc. (Nasdaq:AATI), China BAK Battery Inc. (Nasdaq:CBAK), GreatBatch Inc. (NYSE:GB), Raser Technologies Inc. (NYSE:RZ), Ultralife Corp. (Nasdaq:ULBI) and Valence Technology Inc. (Nasdaq:VLNC).

The Nasdaq Clean Edge Green Energy Index lists five major sub-sectors of clean energy, including renewable electricity generation, renewable fuels, energy storage conversion, energy intelligence and advanced energy-related materials.

Clean Edge is a cleantech-focused research firm, founded in 2000, that provides publications, events and online services.




 

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