Renewable Energy Stocks Sector Close-Up; Tracking the Sector with Indices

POINT ROBERTS, WA, USA (SANEPR.com) June 9, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks and some of the Indices tracking the sector.

The Ludlow Energy SmallCap Index, one of the only Indices tracking some of the small cap players, is currently made up of the following companies: Ascent Solar Technologies, Advanced Battery Tech, Alternative Energy Sources, Akeena Solar Inc (NasdaqCM:AKNS - News), American Sec Res Corp, Clear Skies Solar, Inc (OTC BB:CSKH.OB - News), Convergence Ethanol Inc, Capstone Turbine Corp, Composite Technology Corp, Better Biodiesel Inc, Biofuel Energy Corp, Bluefire Ethanol Fuels Inc, Biosolar Inc, Daystar Technologies Inc, Deli Solar Usa Inc, Dynamotive Energy Sys Corp, Earth Biofuels Inc, Ener1 Inc, Enova Systems Inc, Girasolar Inc, Green Energy Resources Inc, Hoku Scientific Inc, Hybrid Technologies Inc, HydroGen Corporation Comm, Hydrogen Engine Ctr Inc, Icp Solar Technologies Inc, Intrepid Technolog & Res Inc, Millennium Cell Inc, Mass Megawatts Wind Power, Newgen Technologies Inc, Nevada Geothermal Power Inc, Open Energy Corp, 02diesel Corp, Plug Power Inc, Startech Environmental Corp, Energy Quest Inc, W2 Energy Inc, Welwind, Energy International, Inc, Worldwater & Power Corp and XsunX, Inc. (OTC BB:XSNX.OB - News)

"We are extremely pleased to have XsunX selected to be listed on the Ludlow Energy Ventures renewable energy index, which as a reputable index, attracts long term investors with a buoyant viewpoint on alternative energy", said Tom Djokovich, CEO of XsunX, Inc.

The Ludlow Small Cap Energy Index is a basket of small cap alternative energy stocks. Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of renewable energy solutions, recently announced it was added to the Ludlow Energy Small-Cap Index.

“It’s truly an honor to have Clear Skies Solar added to the much-respected Ludlow Energy Ventures renewable energy index,” said Ezra Green, Chairman and CEO of Clear Skies Solar.

The Index provides both institutional and individual investors a tool for tracking the day-to-day performance of a number of small cap alternative energy stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on alternative energy, and may be seeking a diversified portfolio within the sector. http://www.ludlowenergy.com/indices/smallcap.html

The Ludlow Alternative Energy Index tracks some of the top alternative energy stocks. The Index provides both institutional and individual investors a tool for tracking the day-to-day performance of the alternative energy sector in a diversified basket. http://www.ludlowenergy.com/indices/

Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) reports, "I'm delighted our WilderHill Clean Energy Index (^ECO) was first to capture this new theme, and its tracking PowerShares ETF (symbol: PBW) too was an original investment product in this space. Having a lead of a few years also let us help define what investing in clean energy should look like, and in that time we've seen more than a billion dollars have come into that independent tracking fund, PBW. On the other hand I am also gratified to see so many new Indexes and trackers move into this space lately; a few are pretty close replicas to ECO, while others add interesting new dynamics such as an ability to invest in solar alone. In the meantime since 2004 we've also produced the first Index capturing opportunities found in a response to climate change and for improving dominant energy sources: its tracker is the PowerShares WilderHill Progressive Energy Portfolio (PUW). And most recently partnering with New Energy Finance in London, and Josh Landess in the U.S., we together co-produced the first Global Index for stocks around the world in the clean & new energy space: a tracker for this is the PowerShares Global Clean Energy Portfolio (PBD) and all three now capture key stocks worldwide. I'm excited by the progress made here as well as encouraged by the fact so many new Indexes have since entered this space, which I think reflects this is no longer seen as a niche or unimportant arena. Today, some of the world's biggest corporations are taking clean, new and progressive energy technologies all very seriously, and I believe 'alternative energy' may soon simply become just energy."

For investors following solar stocks in particular, The Claymore ETF (TAN) tracks the MAC Global Solar Energy Index, and the Market Vectors ETF (KWT) tracks the Ardour Solar Energy Index.

For investors tracking the global market, The RENIXX® (Renewable Energy Industrial Index) World is the first global stock index, which comprises the performance of the world’s 30 largest companies of the renewable energy industry whose weighting in the index is based on the market capitalization.

The www.RenewableEnergyStocks.com home page features a comprehensive directory of Indices and ETF’s for investors to research.

Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase at http://www.investorideas.com/CO/CSG/
Or the company website at www.clearskiesgroup.com.

Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large-scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/


About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising. XsunX and Clear Skies Holdings compensate the website $5000 per month. In addition, Investorideas.com has been granted options in CSKH at $1.50.
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For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc, WilderHill Clean Energy Index