Wind Power Investment Strategies - Considering Alternative Energy …
Eolic energy is becoming more and more popular. Wind farms do not hurt the environment and they reduce America’s dependence on oil coming from unstable areas of the globe. Increasing numbers of investors are paying attention to this resource for renewable energy and have been looking for the best investment.
Alternative energy analysts who monitor the latest energy trends agree that eolic power is one of the most exciting new growth industries. During the past seven years, the installed energy capacity around the world has grown from 14,604 MW in 2000 to 84,934 MW in 2007. That’s a total growth of 482%, or a compounded annual growth rate of 28.6%.
What about projections for the future? By 2012, total installed capacity is expected to reach 267,837 MW. That’s an impressive expected growth of 25.8% per year and thanks to Barack Obama’s alternative energy initiative, the wind industry could grow even faster than projected.
How can you as an individual investor participate in this boom and find the best wind power investment?
All you have to do is identify and analyze the companies that generate some or all of their revenue from eolic activities. That includes energy installers like Western Wind (TSX.V: WND), energy infrastructure companies such as ABB (NYSE: ABB), and turbine manufactures like Nordex (FRANKFURT: NDX1).
This investment list would not be complete without GE Energy (NYSE: GE) and Siemens AG (NYSE: SI), two of the largest wind turbine manufacturers. However, even though these companies are giants among other companies in this industry, they obtain only a relatively small part of their revenue from eolic activities. That could change as overall investment in this renewable energy source continues to grow over the coming years and decades. For more articles like this bookmark www.AlternativeEnergyWind.info
Author: Max Appleton
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