Saturday, June 23, 2012

Alternative Energy statistic

Alternative Energy stat of the day from

"Renewable power, excluding large hydropower, accounted for 44% of all new generating capacity added worldwide in 2011 - up from 34% in 2010."

You don't see it as much yet, but it seems a tipping point is nearing wrt power generation. More and more applications are seeing alternative energy approaches becoming feasible.

The investment implications are still cloudy. I eventually want to be long in this space, but now there's so much competition that hardly anyone is making money.

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