Wednesday, November 3, 2010

Top Ten Alternative Energy Companies

The author, Jeffery Martin, starts off by saying this is a “one-in-a-lifetime opportunity” to invest because our green economy is just starting. He compares our opportunity to those who had the chance to invest in AT&T in 1877. But, of course, he says that you must know which particular companies are safe to grow your portfolio.

Topping the list is Winslow Green Growth (WGG). Martin says that the safest investments are those that span the spectrum of risk. WGG is a fund that invests in socially responsible companies.

Number two on the list is WFI Industries. It helps to produce geothermal energy in new buildings. It does this by drilling long pipes more than five feet into the ground and then sending that air, which is basically constant throughout the year, into the building above. This air is warm enough for winter, yet cold enough for summer.

First Solar is ranked third for the sole reason that its solar panels are much cheaper than the rest. Their panels lack silicon.

Fourth on the list is Fuel Tech. He mentions how Fuel Tech has zero profitability but still an egregiously high stock price. He says that this is risky, but he points back to history to others like Google and Amazon that were once in the same position.

Bio-Solutions Corporation rounds out the top five. It offers organic solutions to organic problems. Not only has it developed a method to reduce mortality among industrially farmed poultry, it has discovered innovative ways to fight malaria. All of this is done with chemicals that are eco-friendly.

Sixth is Blue Earth Solutions, which has developed a way to breakdown styrofoam. The brokendown molecules can then be sold back to the Styrofoam producers.

Seventh is Zoltek. Zoltek produces carbon nanofibers. The nanofibers that it produces are extremely strong and equally lightweight. These are purchased by airplanes and car companies to reduce weight and therefore fuel consumption.

At eight is Composite Technologies, which produces some the world’s biggest wind turbines.

Number nine is Plug Power. It produces hydrogen fuel cells that might be the energy of the future. The writer notes that this company has the highest potential.

At bottom of the top is Ormat Industries. It provides alternative and renewable energy solutions. It also owns geothermal power plants.

So what do you guys think? Should we advise others to invest in these companies? Quite honestly, after reading the article, I’m tempted to invest in all of them. Obviously more research must be done. What other criteria do you think we should look for in companies that we plan on investing in? Do you think potential of the these green companies is worth risk? Should we go with the fail-proof option? Or, should we go with both and diversify?

http://www.helium.com/items/1537789-invest-in-green-companies

1 comment:

  1. I think that as an industry, more and more companies everyday are looking into the opportunities that alternative energies provide. The problem with these alternative energies are that they are not as developed and are very expensive, so the process is very slow. Although oil will remain at a high stock price in the market, there could be a possibility that there will be a shift. The shift will have to be gradual though because if not then we run into the risk of the economy being greatly affected. Also, we have to look at which companies are willing to use alternative energies in their products. For an example, many car companies are probably not very willing to change the design and feel of the cars they produce just to accommodate the change in energy used. Also, big oil companies have large amounts of money and are probably willing to buy out any alternative energy company that interferes with their profits. Then again there is so much talk about alternative energy and its newer and safer ways of providing energy. I think that in time maybe in the future it will be worth to invest in these companies when there is a fully developed product that produces energy just as efficiently and inexpensive as natural gas.

    ReplyDelete