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New “Hot Stock Idea”

Green Star Alternative Energy
(OTC: GSAE)

About Green Star Alternative Energy
Our New Hot Stock Idea this morning is Green Star Alternative Energy (OTC: GSAE). Green Star is a renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation’s first developer of wind power.
The Wind Energy Market
The wind energy industry has been beaten up some by the global economic crisis, the credit crunch that began in 2008, and the precipitous drop in oil prices in the last half of 2008. However, the future prospects for wind energy remain bright, according to a new report from Pike Research. The cleantech market intelligence firm forecasts that total installed wind generation capacity will reach 320 gigawatts (GW) by 2015, representing a 165% increase over 2008 levels. Fueling the growth in the wind energy markets will be the continuing rise in greenhouse gas emmissions, rising oil prices, and the need to reduce world greenhouse gas output by moving to clean renewable energy sources for electricity generation. Wind power is a feasible and immediately available alternative today and growth in this market is inevitable.
Notable GSAE Company Progress in 2009
* April 2009 – GSAE announced the transfer of one of its 60-meter NRG wind measurement systems to the Belo Blato project site outside of Belgrade Serbia. Since then, several months of preparation and licensing have culminated in this deployment as announced by the company on June 15th. The data gathered will provide Green Star the ability to optimize the wind farm design and efficiency for the 20MW Belo Blato site.
* April 2009 – GSAE announced the signing of an agreement between Green Star/Novos JV and the Territory of Belgrade putting GSAE at the forefron of Belgrade’s plan to develop alternative energy sources. Belgrade has a population of around 2Mand is the commercial, industrial, political and cultural center of Serbia.
* April 2009 – GSAE announces a collaboration agreement between Green Star/Novos JV and Electrawinds which is currently the largest private player on the Belgian renewable energy market. Electrawinds brings expertise to the project in constructing and operating windmill farms and other renewable energy projects. This relationship will provide GSAE with greater access to wind power development throughout Europe.
* April 2009 – GSAE announces negotiations for a 60 MW wind energy partnership project, and potentially other future projects with Vintim d.o.o., a private Serbian wind research company. According to Vintim’s research, this project has outstanding historical wind measurements and can produce more than 175 GW/h per year for the Province of Vojvodina. This represents potential gross revenue of over $23 million per annum. GSAE’s participation may include revenue sharing, a joint venture, or an outright acquisition. Closure is pending.
* April 2009 – Company hires Mike Andric as new CEO. Mike has an extensive background in renewable energy systems. His alternative energy experience encompasses projects from around world and he will focus his talents on guiding Green Star through the strategic plan. He is fluent in the languages of Serbian, English, French, Italian, German, and Russian.
* May 2009 – GSAE announced developing relationship with Gamesa — one of the world’s preeminent wind turbine manufacturers. The Green Star/Notos JV is negotiating with Gamesa on cooperation for the development of prospective wind power facilities. Gamesa is one of the main wind turbine manufacturers worldwide and a leader in design and development. The company has installed more than 16,000 MW of its main product line in 20 countries spread out over 4 continents.
* May 2009 – GSAE announces substantive discussions with ‘GE Energy’ Development Group for South East Europe. Executives from ‘GE Energy’ met with Green Star’s Serbian partner — Notos — in Belgrade for an exchange of experience and knowledge in the area of wind data collection, and to consider the future of wind power development in the Republic of Serbia. The appropriate and skilled expansion of wind energy into the South East European electricity market was discussed, and will provide the foundation for GE to work in partnership with Notos in establishing the necessary framework for the development and execution of future alternative energy projects.
* May 2009 – Ludlow Energy Ventures, Inc. published an independent third party research report on Green Star. The research opinion evaluates GSAE with a Capital Rating of ‘A-’ and a Target Price of $8 per share. The report may be viewed at http://www.ludlowenergy.com/reports/gsae.html.

* June 2009 – GSAE announce the signing of an agreement between the Green Star/Notos JV and the Municipality of Titel. The arrangement allows Green Star to explore the economic viability of the regional wind resources; and upon evaluation, the right to develop wind power and supply the area with clean electricity.

* June 2009 – Green Star Erects Wind Sensor at 20MW Belo Blato Site. The data gathered will provide Green Star the ability to optimize the wind farm design and efficiency. Wellbury was commissioned to execute the placement and construction of our 60 meter tower.
Investment Highlights
Robust demand for wind energy
The U.S. Department of Energy predicts 71% growth in world energy consumption between 2005 and 2030. High oil prices and concerns regarding greenhouse gas emissions have created strong interest in clean energy and in wind power, which is one of the least expensive and most easily deployed energy sources. According to the Global Wind Energy Council, cumulative capacity of wind energy installations reached 120.8 GW in 2008, 36% more than in 2007. This represents the highest growth rate in the past decade and values the industry at over $47 billion.
This year, the EU issued a directive to boost overall consumption of renewable energy from the current 8.5% to 20% by 2020. Since 2000, 30% of all installed electricity generating capacity in the EU has come from wind power. Europe’s wind energy installations have more than quintupled from 13 GW in 2000 to 66 GW at year-end 2008.
Wind energy opportunity in northern Serbia
GSAE has identified a tremendous market opportunity in developing and supplying wind power for electricity in the Republic of Serbia. The northern part of Serbia has a strong local southeast wind (“kosava”) to sustain wind power. Serbia is very suitable for the development of wind farms in Vojvodina AP since almost two-thirds of the region has wind speeds that consistently exceed 4 m/s. The Pannonian Plain, north of the Danube River, covers approximately 2,000 square kilometers, and has the entire basic infrastructure, from roads to the electricity grid, needed to support wind generation. Wind speeds in excess of 5 m/s can be found in several locations in Serbia, including Bela Crkva, Indija, Irig, Sombor, Novi Sad, Vrsac, and Zrenjanin.
300 MW of new wind power to be brought on-line by 2013
GSAE is assessing potential wind power sites across not just Serbia, but also Europe, China, and the United States. These sites already have the necessary infrastructure for wind energy facilities – such as available land, civil works, electrical works, transmission lines, approach roads, etc. GSAE is currently working to bring a 20MW wind farm on-line in Serbia’s Belo Blato region in the municipality of Zren-janin, Vojvodina. A second project, the 60 MW Susara development, is slated for construction in the municipality of Vrsac, Vojvodina.
Multiple revenue streams
With the acquisition of Notos, the Company will start generating meaningful revenues from:
Sale of electricity from wind power: GSAE is committed to developing wind farms with a total capacity of more than 300 megawatts
Sale of greenhouse gas emissions credits: A 20 MW wind farm can reduce CO2 emissions by 74,400 tons per year. The average price per ton for reduced CO2 in Europe is approximately $20
GSAE anticipates having wind energy production capacity of 300 MW by 2013, which will produce annual revenues in excess of $100 million.
Company Chart:
GSAE has made a couple nice moves this year the first coming in Mid March to early April rising from around $.50 to $4.50 and then again in late April to early May when we were previously covering it. The second upward price move went from around $2.00 to around $4.35 and OTCPicks.com members profited nicely during that one to two week move.
Around May 11th there was a sharp price drop on some selling that we believe was unwarranted and since that time it has been drifting lower on a seeming lack of investor confidence. We believe this drop over the last month was not rationally justified and seemingly presents a good buying opportunity for OTCPicks members at this current $1.70 price level. We think there is a good chance we will see GSAE rebound over the next week. We think that OTCPicks members might just be able to get in before this next expected upward move. Do your homework on GSAE today and put them on your watchlist to keep an eye on. You just might be able to make a few bucks on this one.

Research Links:
Detailed Quote & News:

http://www.otcpicks.com/quotes/GSAE.php

Company Profile:

http://www.otcpicks.com/green-star-alternative-energy/green-star-alternative-energy.htm

Video Message from Mike Andric, CEO of Green Star:

http://www.greenstarae.com/mikevideo.wmv

Company Web Site:

http://www.greenstarae.com

Ludlow Energy Ventures, Inc. Analyst Report

http://www.ludlowenergy.com/reports/gsae.html.

Happy Trading!
OTCPicks.com Publisher