Friday, May 27, 2005

Opportunities in Wind and Solar Power

That is the idea behind Banking on the Wind and The Sun, a new article in Business 2.0 that discusses new energy opportunities as oil prices rise higher. Writer, Jonathan Weber focuses on wind, solar and fuel cells.

Fuel cells are the most volatile, long term investment, according to Weber, but he likes Ballard and PlugPower.

Wind power, he feels, offers the most opportunity right now, especially with turbine makers, and the article mentions Vestas Wind Systems and Gamesa. The FPL Group is another mentioned company, but the U.S. market is dependent on tax incentives for probability, Weber hints.

Solar is still a bit of a darkhorse, but a lot of potential exists. Evergreen Solar and Sharp are Weber's favorite picks

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