TWO GOOD WIND BETS

Top wind energy stocks for renewables investors

Michael McDonald, May 30, 2015 (OilPrice.com via USA Today)

“…[W]ind power is generating roughly 5% of the overall power for the country…States like Minnesota, Kansas, and Iowa are generating 15 to 30% of their power from wind…Texas and California are nearing 10%...Wind power has fully become a mainstream source of electricity…[But new taller towers, longer blades, and bladeless turbines] have the potential to make wind energy even more viable…[I]ndustrial behemoth General Electric announced a new digital system that it says will boost wind farm energy production by up to 20%...There are 50 GW of wind power being installed worldwide…Each GW is worth about $50 million a year, and assuming GE used the product in a Software as a Service (SaaS) format…[so] the technology could yield profits of roughly $250 million annually starting in the first year. Assuming wind power generation grows at 20% per year, in less than eight years, the firm would be generating a billion dollars a year in revenue…Northern Power Systems is a manufacturer of wind turbines and other equipment and represents a purer play on wind energy…” click here for more

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