In Part 1 of 2 we touched on the idea of investing in Green Energy Investments and one of the things we started with was BioFuels. Here in Part 2 we want to introduce you to four other types of investments. Let’s start with:
1 – GEOTHERMAL ENERGY
If you’re willing to take a risk on new and uncharted territories, think about investing in geothermal energies. These energies are produced when heat that is found in the earth’s core is captured. Here are some quick facts on this type of energy:
- Production locations – look for geothermal energy plants in places where they have access to the core heat energy.
- Expanding industry – these types of energies are expanding across the world and might be a fascinating investment for you to consider. Do some homework on this energy and see what you think as well it will help you to determine your personal comfort level when taking this type of risk.
- What do you invest in? Your investment dollars will be used to purchase the land tracts in ideal places to capture the geothermal energy. Plus, the piping structure must be built.
- If you’re adventurous, investments in this type of energy might appeal to you.
Some companies for you to investigate regarding geothermal energy are Nevada Geothermal Power, Inc.; Ram Power Corp.; and Water Furnace Renewable Energy, Inc.
2 – HYDROELECTRICITY
Investing in hydroelectricity energy produced by flowing water is another option you have in terms of green investments.
1. Your investments in hydroelectricity might be used in different ways.
- One use of your funds would be to build the water plants.
- Or your dollars might go toward finding the land for the plants and preparing it for constructing the water plants.
2. If you’re interested in the skills aspects of hydroelectricity, think about putting your money in an engineering corporation. Such companies actively work to bring hydroelectricity to fruition.
Consider investigating the Alabama Power Company; Alcoa, Inc.; and Renewable Energy Resources, Inc. for your investments as they all are active in producing hydroelectricity.
3 – SOLAR ENERGY
Stocks related to solar energies have been available for quite some time. According to the Polaris Energy website, dozens of solar energy businesses in the U.S. will be operating by 2012.
- A rapidly growing industry – since the use of solar energy is expected to grow exponentially over the next 50 years or more, it would be smart to invest in the solar energy industry.
- What your money is used for. When your investment dollars are placed into solar energy, they might be used for research, materials, or even construction, operation and maintenance of solar energy plants.
Companies such as First Solar, Inc.; SunPower Corporation; and Abengoa
4 – WIND TURBINES
If you live in the heartland, you most likely know something about wind energy. Looking majestic from a distance and awesome up close, wind turbines are one of the new waves in green investments over the past decade.
The energy industry became quite creative several years ago with the discovery that a natural source of energy that can be harnessed and useful for people is wind. Slowly, but surely, we’ve seen the wind turbines constructed and spread across the land.
- A renewable commodity. When you think about investing in renewable commodities, consider this: Wind energy is renewable and never runs out. Your money can continue to grow as long as the wind blows.
- A rapidly growing industry. The use of wind energy has doubled over the last three years, according to some industry statistics (Polaris Energy website).
- Old, established companies are also involved. If you want to invest in wind energy but want to do so with tried and true companies you’ve heard of, consider GE or Siemens.
Companies engaging in the study, construction, and maintenance of wind turbines include First Trust Global Wind Energy, GE, and Siemen.
This 2 part series is not meant to replace excellent legal or financial advice when investing in Green Energy Investments so before you move on any of this make sure you do your due diligence and research all possibilities and then you need to gather professional, expert advice from a lawyer and/or financial advisor whose expertise is in this particular area.
