Earlier today we posted results from a recent Geezeo survey. Our community ranked fuel and energy the top economic concern right now. Is the time right for you to profit from alternative energy sources?
Here’s an in-depth look at wind energy, from our partners at TheStreet.com.
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More on How to Bet on Wind Energy
by TSC Staff
According to the U.S. Department of Energy, up to 20% of the country’s energy supply could be generated by wind power by 2030.
Last month, T. Boone Pickens’ Mesa Power ordered 667 wind turbines as part of its plans for a giant wind farm in Texas.
Currently (through June 4), the American Wind Energy Association is holding its WINDPOWER 2008 Conference and Exhibition in Houston, Texas.
Do you think you’re ready to invest in wind energy? But don’t know where to start?
Here is the latest from TheStreet.com on the potential opportunities and risks in wind energy investing.
From Noble Environmental IPO Faces Crosswinds:
Noble Environmental Power’s planned IPO initial-public-offering-ipo brings good news and bad news for investors interested in the alternative energy sector.
The good news is that traders will finally have a pure-play stock in the growing market for wind power.
The bad news is that, because the market is still nascent, investing in the IPO means putting money in a company with no revenue revenue on its income statement income-statement to date — and nearly $1 billion in debt.
The Essex, Conn., wind-energy company is filing for a public offering — under the ticker NEPI — only four years after it was founded. It’s seeking as much as $375 million in proceeds to finance wind-turbine supply agreements and project developments.
Continue reading “More on How to Bet on Wind Energy” here.
