Friday, November 7, 2008

International Investing in Alternative Energy

Some of the best solutions to our environment's most pressing challenges come from outside the US. Brazil has been making biofuels from sugarcane for 30 years, Germany is at the forefront of solar, Australia has dug deep for geothermal, Spain and Denmark all but own the wind. There are undeniable profit opportunities for renewables in places like Germany where demand and government initiatives combine to create 'winning home-grown green technologies' just as there are opportunities in Spanish wind, German solar and geothermal in the land down under. As reported in AngelNexus, a summary of some of the top returning firms reveals that international Green investing in alternative energy can yield significant returns.

Praj Industries (India) - 200% gain in a year
Geothermal Resources Ltd. (Australia) - 300% gain in 18 months
Ecosecurities PLC (UK) - 100% gain in a year
Renewable Energy (Norway) - 155% gain in a year
Sunways (Germany) - 61% in a year

There are also great profit opportunities ahead in several solar equities like SunPower (NASDAQ:SPWR), Evergreen Solar (NASDAQ:ESLR), and Canadian Solar (NASDAQ:CSIQ).

Those who want to profit from Green need to understand that innovation is a global phenomenon.

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