THREE BETS ON WIND
3 Best Stocks for Investing in Wind Energy
Jason Hall, April 19, 2015 (The Motley Fool)
“…[W]hile solar energy gets a lot of the headlines, wind [produced 11-times as much electricity last year] at 181.8 million megawatt hours, versus 15.9 million for photovoltaic solar…According to the International Energy Agency, wind is on track to increase from 2013's 2.6% of global energy production, to 18% in 2050…[Unlike solar], wind is dominated by a handful of companies…[General Electric] has significantly strengthened its global position in energy over the past year...[Its] wind business is a relatively small part of the company's total, but the company sold more than 2,800 wind turbines in 2014, making it a major global player…Vestas Wind Systems competes head-to-head with GE and German industrial giant Siemens. But while its two largest competitors are fully integrated behemoths with operations in dozens of industries and product categories, Vestas is 100% committed to wind…[Berkshire Hathaway, Inc] is one of the largest producers of wind energy in the U.S. and is aggressively adding to its capacity at subsidiary Berkshire Hathaway Energy…Wind energy projects are big and long-term…[but] looking at the bigger picture, wind will continue to become a more and more important part of meeting the world's energy needs…” click here for more
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