Investing in Renewable Energy – A Trend with Growth Potential

Of all the different types of energy out there, it seems that renewable sources such as solar or wind powered energy are going to be the most long-lasting in the future. This can be of interest to investors who want to push this industry forward while at the same time making a profit on an interesting development. There has been a great deal of focus in the news in the past few years on renewable energy sources, and there are several reasons why you might want to think about investing in renewable energy. This includes moral factors such as the fact that it can help fight global warming and peak oil and improves energy security. It also includes the fact that these are hot trends at the moment which can be cashed in on.

To get started with investing in renewable energy and becoming a part of this growing trend, you will want to look at mutual funds and individual stocks. Some of the available mutual funds include the New Alternatives Fund, Calvert Global Alternative Energy Fund, and the Guinness Atkinson Alternative Energy Fund. There are also ETFs which can be a more cost effective way to invest in the energy sector, such as the NASDAQ Clean Edge US Liquid Series ETF. The best option will depend on how much you want to invest and how long-term of a project you consider this investment.

Those who want to invest a significant amount in this field will want to choose some individual stocks as well as the mutual funds or ETFs. When it comes to investing in renewable energy, a blend of established companies and new up and comers is the best way to diversify your portfolio and see slow, steady growth as well as some fast gains. Solar and wind power are two new sources of alternative or renewable energy to consider as well. Many of the up and coming renewable energy companies have recently suffered losses due to the slow global economy, so now is a good time to take advantage of the low prices and help build these companies back up again.

To pick individual stocks in the interest of investing in renewable energy, it’s a good idea to turn to professional financial advising services for assistance. This is an industry that is experiencing momentary uncertainty, although the long term outlook is promising. As society turns more and more to renewable sources of energy, investing in those companies that can make this a reality can be a profitable enterprise.

Investing in Renewable Energy – Harnessing the Wind and the Sun

Investing in renewable energy sounds a lot more futuristic than it really is. There have been endeavors to create viable ways to utilize renewable energy sources such as wind, sun and running water for decades. Niagara Falls has one of the largest water-driven power plants in the world and that was built back in 1956 and there were plans to utilize water power in Upstate New York dating back as far as the 1800’s. But investing in renewable energy has taken on a new urgency because of the threat that relying on foreign energy poses to the United States and the fear that our current natural resources will run out in the foreseeable future.

Investing in renewable energy does have its challenges. As quiet and even majestic as windmill farms can be, some environmental groups oppose them because the large turbines could pose a threat to the birds in the area. Most people that are experienced in investing in renewable energy are familiar with the challenges and understand that there will always be a group of some kind opposed to anything that has to do with the environment. That just means that there is a lot of research and lobbying that needs to be done in order to get renewable energy up and off the ground.

The best part about investing in renewable energy is that it is something the federal government is backing. Barack Obama used his presidential campaign to push for financing renewable energy projects. When Obama took office as the president, he announced that the government would be investing in renewable energy research and had hoped to see the new energy methods implemented in the next few years. While government backing is nice, most people know that a project requires more significant investment to get off the ground. That is where the potential in renewable energy can be found.

If you are considering the possibility of investing in renewable energy, then do your research before you write your first check. While there is incredible potential in investing in renewable energy, you need to make sure that you are getting involved with a company that has a decent track record at making renewable energy methods a reality. The industry is new and the track records are hard to find, but if you want to make a profit on your investment then you need to do your homework first.