NewEnergyNews More: GOODS BETS TO MAKE ON WIND

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    • Tuesday, June 23, 2015

    GOODS BETS TO MAKE ON WIND

    The Best Play In Wind Energy Right Now

    Martin Tiller, 21 June 2015 (OilPrice)

    “…Everything points to serious growth in the [wind] industry over the next few years…[but figuring how to invest] is when the going gets tough…The problem is that there are seemingly two types of companies in the space, small ventures…or multinational, giant conglomerates…The German company Siemens (ADR: SIEGY) and GE (GE) were one and two in a recent global market share analysis,.. While GE doesn’t disclose separate revenue or profit numbers for wind energy, Siemens does, and the importance of the business within the company is actually quite surprising. In 2013, wind power accounted for 5.2 Billion Euros in revenue at Siemens, or around 25 percent of the total…[or] you might consider Vestas (VWSYF), the Danish company that finished third in those rankings…Siemens looks like the best investment…” click here for more

    posted by Herman K. Trabish @ 8:57 AM

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