Monday, December 12, 2005

Investing in the Sun

Here's a great article from the Contra Costa Times.

I like this quote:

"But long-shot bets sometimes pay off big especially in a hot growth market. And that's what alternative energy has been in recent years. During this decade, solar photovoltaic electricity generation has grown at an annual rate of 60 percent, while wind power capacity grew at a rate of 28 percent, according to the Renewables 2005 Global Status Report, which was produced by an international network of government and private sector renewable advocates.
And cash registers are ringing. Annual spending for solar equipment and components reached $7 billion in 2004 and is expected to quintuple over the next decade, according to Clean Edge."

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