Green Investments: Renewable Energy Stocks (Part 2)
Green energy stocks - Ceres Power & Wind Power
While for many, investing in renewable forms of energy might be a ‘sure thing’, the fact that many investments have yet to pay off or turn an investment has put off some possible investors, however others are already seeing the benefits.
Ceres Power, for example, saw a 155 percent nine-month gain and the company has yet to go into full-scale production until 2011. Clipper Windpower is still technically losing money, but has more than doubled production of its turbines due to an increase in share sales over news that the company is in potential takeover talks.
Wind power has seen massive interest in the UK and other northern European countries over the past few months, but it is not the only renewable form of energy finding support. Solar energy also has its backers. The aforementioned Desertec Initiative has sparked a lot of interest with dozens of European blue chip companies investing in the $550 billion plan to develop "a reliable, sustainable and climate-friendly energy supply" for the entire MENA region with energy as well as the EU.
Of course, the benefits of green energy are clear for the environment, but for many that does mean some money can’t be made, especially if it means leaving their family a ecological and financially secure future.
(Read Part 1 on Green investments).
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