In the same time period, the United States grew monthly production of wind and solar energy by 80% and 227%, respectively, which easily outpaced a loss of production from coal and nuclear sources.As you can see, percentage gains in production roughly matched gains in job creation. US Wind Energy Production data by YCharts You won’t find any power generators that depend heavily on solar energy, which generated just 0.23% of the nation’s electricity in 2013, but wind energy, which generated 4.13% of electricity in 2013, is a different story. Take NextEra Energy as an example. The share price of the nation’s leading owner of wind power has performed in lock-step with monthly wind production in the period noted above.
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Renewable Energy: Opportunities to Invest? – Industry Outlook – NASDAQ.com
In this series, wellfocus on the solar power equipment industry. Renewable energy Before we zoom in on the solar power equipment industry, lets have a quick look at the mainrenewable energy sources. As the name suggests, renewable energy sources are those thatare recurring: hydroelectric electricity generation from flowing or falling water wind power electricity generation from flowing wind solar energy energy derived from sunlight biomass and biofuels energy derived from plants and animals geothermal energy energy trapped in the earths core Since renewable energy sources act as alternatives to fossil fuels like coal and natural gas, youll also hear them calledalternative energy sources. Companies and ETFs As stated, were going to focus on solar energy inthis series. Many public companies such as SunEdison (SUNE) and First Solar (FSLR) produce solar energy equipment.
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Overview of the renewable energy industry – Yahoo Finance
The government now expects to add about 15 GW of solar power capacity by the first quarter of 2019. According to the original National Solar Mission target, India had planned to add about 9 GW from 2014 to 2017, and another 10 GW between 2018 and 2022. Recently, the Modi government in India raised its solar investment target to $100 billion by 2022. This has kindled the interest of the global solar players in the Indian market. These projections have put India on the radar of solar power companies. Also, per The Wall Street Journal, the central government of India, along with five state governments, has a target of setting up 25 solar parks.
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