Alternative Energy Wind

  

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

Alternative energy wind sources are being developed the world over.  It is interesting to hear of this project in Argentina, and hope that this is just a beginning for other South American countries to develop wind sources, and develop jobs and investment  opportunities.

The wind power plant will produce between 600 and 900 megawatts. The plant will be twice the size of the largest plant operating in Europe, according to the state news agency Telam reported, which cited Guascor President Joseba Grajales.

Grajales said the project will take around three years to complete and will boost the percentage of power generated by windmills to 5% of Argentina’s energy matrix.

The Planning Ministry official said the wind park will be producing 300MW by the end of 2010 and the rest will be operational by the end of 2011.

“Private Spanish funds will be responsible for 100% of the investment,” the Ministry official said.

The power will be sold to local industry, Grajales said, adding that funding will come from local and international investors, including 30% from Guascor itself.

The project would entail a sudden and remarkable turnaround in the fortunes not just of the wind power industry in Argentina, but of the wider power sector, which has been beset by unfriendly pricing structures, excessive bureaucracy and a lack of access to credit.

Argentina has about 29MW of wind power capacity, equivalent to about 1% of the grid. Guascor could not be reached for comment.

Argentine President Cristina Fernandez was expected to sign the authorization documents to purchase the land for the wind farm later Monday, according to Telam.

The plant will be built in the wind-swept Santa Cruz province, where the political career of the president and her husband, Nestor Kirchner, began.

Initial permits are being sought and construction could begin in 12 months time, Grajales said.

President Fernandez on Monday also authorized construction of a 500 kilowatt power line, without which, said Grajales, the wind farm couldn’t be built.

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