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FAN News and Press, First Trust Global Wind Energy From 11/19/19

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Company Name: First Trust Global Wind Energy
Stock Symbol: FAN
Market: NYSE

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FAN - New Jersey more than doubles offshore wind commitment

New Jersey plans to more than double its target for offshore wind energy production under an executive order signed today by Gov. Murphy. More news on: First Trust Exchange-Traded Fund II - First Trust Global Wind Energy ETF, iShares S&P Global Clean Energy Index ETF, Invesco Global ...

FAN - EU ends funding for fossil fuel projects

Cutting €2B of yearly investments, the European Union will stop funding oil, natural gas and coal projects at the end of 2021 as it aims to become the first climate-neutral continent. More news on: iShares S&P Global Clean Energy Index ETF, VanEck Vectors Low Carbon Energy ETF...

FAN - Building An Aggressive Deep-Value Opportunity Energy Portfolio

(Source - Pexels ) It is safe to say that true value opportunities are few and far between in today's market. Average valuations among U.S. companies have continued to float around extreme highs even as the global economy continues to slow down. Even more, most U.S. companies are high...

FAN - Charts Showing Explosive Momentum In Clean Energy Sector

We have all heard and read about the pristine, bright future in store for renewable energy. Yet, the clean energy sector has arguably failed to take off in a big way (yet), and the global economy remains hooked onto primary energy sources like fossil fuels like oil and coal. As such, the burni...

FAN - EIA's Electric Power Monthly - June 2019 Edition With Data For April

By ISLANDBOY The EIA released the latest edition of their Electric Power Monthly on June 25th, with data for April 2019. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the year 2019 to date. As was projected by...

FAN - Eliminating fossil fuels from U.S. power sector would cost $4.7T, study says

Weaning the U.S. power sector off fossil fuels would cost a "staggering" $4.7T - equating to ~$35K per household - and pose massive economic and social challenges, according to a new report from energy research firm Wood Mackenzie. More news on: Energy Select Sector SPDR ETF, Utilities S...

FAN - U.S. coal generation fell to 47-year low in April

U.S. power generation from coal during April hit its lowest monthly total in at least 47 years , falling 23.4% from March to 60.1M MWH and 18.1% lower than the year-ago month, the Energy Information Administration reported. More news on: Energy Select Sector SPDR ETF, The United States Na...

FAN - Denmark firm selected for big New Jersey offshore wind project

New Jersey chooses Denmark power company Orsted to develop a 1,100 MW wind project off the coast of Atlantic City, the largest offshore wind procurement ever by a U.S. state. More news on: Equinor ASA, Electricité de France S.A., Royal Dutch Shell plc, Energy stocks news, News on ET...

FAN - Solar, onshore wind costs seen falling below all fossil fuels - report

Electricity generated by onshore wind and solar photovoltaic technologies will become consistently cheaper over the next year than from any fossil fuel source, according to a new report from the International Renewable Energy Agency. More news on: Invesco Solar Portfolio ETF, First Trust...

FAN - First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 115 exchange-traded funds (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: FTA is a federally registe...

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