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[mcmike]

PBW holdings

  
 Index Components as of: 12/27/07   
  
    
   
   
 Company Name                  Symbol % Weighting  
   
 First Solar Inc.               FSLR  5.78%  
 Suntech Power Holdings Co Ltd  STP   4.89%  
 Evergreen Solar Inc            ESLR  4.68%  
 American Superconductor Corp   AMSC  3.99%  
 Sunpower Corp                  SPWR  3.96%  
 Emcore Corp                    EMKR  3.88%  
 Ja Solar                       JASO  3.70%  
 Yingli                         YGE   3.50%  
 MEMC Electronic Materials Inc  WFR   3.43%  
 Universal Display Corp         PANL  3.21%  
 Ormat Technologies Inc         ORA   2.97%  
 Energy Conversion Devices Inc  ENER  2.77%  
 VeraSun Energy Corp            VSE   2.52%  
 International Rectifier Corp   IRF   2.48%  
 Zoltek Cos Inc                 ZOLT  2.46%  
 Itron Inc I                    TRI   2.37%  
 Comverge                       COMV  2.20%  
 Trina Solar Ltd                TSL   2.19%  
 China BAK Battery Inc          CBAK  2.18%  
 Medis Technologies Ltd         MDTL  2.13%  
 Om Group                       OMG   2.08%  
 Applied Materials              AMAT  2.02%  
 Plug Power Inc                 PLUG  1.99%  
 Cree Inc                       CREE  1.95%  
 Praxair Inc                    PX    1.93%  
 Puget Energy Inc               PSD   1.81%  
 Air Products & Chem            APD   1.80%  
 NovaSource Biofuels            NBF   1.78%  
 Pacific Ethanol Inc            PEIX  1.73%  
 Echelon Corp                   ELON  1.73%  
 Idacorp Inc                    IDA   1.70%  
 Fuel Systems Solutions Inc     FSYS  1.69%  
 AMerigon                       ARGN  1.67%  
 Ballard Power Systems          BLDP  1.66%  
 Cosan                          CZZ   1.64%  
 Verenium                       VRNM  1.60%  
 Portland General Electric Co   POR   1.55%  
 FuelCell Energy Inc            FCEL  1.38%  
 Maxwell Technologies Inc       MXWL  1.37%  
 Ultralife Batteries Inc        ULBI  0.71%  
 Active Power Inc               ACPW  0.58%  
 Uqm Technologies               UQM   0.37%