Wind energy stocks provide an alternative investment option for individuals or companies who are looking at supporting the development of alternative energy sources throughout the world for both domestic and commercial applications. The ability to purchase stocks in companies that specialize in wind energy production (either pure wind energy or a combination of wind energy and an alternative) allows individuals to profit from the growing trend of alternative energy sources while at the same time supporting the production and development of environmentally friendly energy production worldwide.
When it comes to wind energy and companies are specializing in the production of wind turbines for its production the greatest concentration of companies focusing on alternative energy sources are situated in Europe. This is due to a number of factors, the least of which has included a number of government-sponsored subsidiary programs that support the development and production of alternative energy sources in order to help reduce the amount of carbon emissions throughout the region. As a result Europe has the highest concentration of alternative energy companies and production capabilities in the world.
Despite the growing public interest in alternative energy production the fact still remains, however, that it is not entirely a feasible energy source that can cheaply and efficient we produce enough energy to meet the needs of the global population at the same rate as fossil fuels can at this time. Combined with the recent economic crisis that has hit Europe particularly hard many alternative energy companies have been having a difficult time in supporting their business endeavors both locally and worldwide.
This financial struggle has particularly affected the solar energy industry as Germany is home to roughly 50% of the world’s solar energy production facilities. In many ways this can be seen as both a positive and negative affect as solar energy cells are expected to continue declining in costs through 2010 as worldwide competition grows which in turn leads to less profitability for solar companies, however at the same time it also allows for additional growth of new companies to take place to challenge the market. Further, for the wind turbine industry this could mean a large growth into markets that may previously have not been accessible due to dominance of the solar energy industries.
It is expected that the wind turbine market will continue to grow throughout the end of the year along with other alternative energy sources, though it as solar energy companies are expected to lose profitability once more in 2010 once the winter rush is over the wind turbine market is poised to show continued strong gains and profitability and therefore could be an excellent investment prospect at this time. The fluctuation in the European markets may also allow for many US-based companies take hold and develop a larger market share and thus show positive growth in the near future. Keep an eye on the latest market news for developments in this industry in order to make sure that you have the most up-to-date information to make the best informed decision possible before investing.
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