Investment in Clean Energy Projects Could Fall for the First Time in Eight Years
11 Oktober 2012 - 2:20PM
Marketwired
Recent data from Bloomberg New Energy Finance (BNEF) has showed
that investment in clean energy projects may fall for the first
time in eight years as the industry continues to struggle with
excess capacity. The PowerShares Wilderhill Clean Energy Portfolio
(PBW) -- which is designed to deliver capital appreciation through
the selection of companies that focus on greener and generally
renewable sources of energy and technologies that facilitate
cleaner energy -- has fallen over 20 percent year-to-date. The
Paragon Report examines investing opportunities in the Renewable
Energy Industry and provides equity research on FuelCell Energy,
Inc. (NASDAQ: FCEL) and SatCon Technology Corporation (NASDAQ:
SATC).
Access to the full company reports can be found at:
www.ParagonReport.com/FCEL
www.ParagonReport.com/SATC
According to BNEF investment in renewable energy during the
third quarter fell by 20 percent, when compared to a year ago, led
by a decline in wind farm financing. Investment by the U.S. in the
third quarter totaled $7.3 billion, a 28 percent sequential
decline, and a 62 percent decline year-over-year.
"The location of some of the biggest projects financed in
quarter three this year highlight the geographical shift that is
taking place in clean energy, with established markets such as the
U.S., Europe and China losing momentum while newer markets in South
America, Asia and Africa pick up steam," said Michael Liebreich,
CEO of New Energy Finance.
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Energy Industry so investors can stay ahead of the crowd and make
the best investment decisions to maximize their returns. Take a few
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FuelCell Energy manufactures ultra-clean stationary fuel cell
power plants that generate electricity with up to twice the
efficiency of conventional fossil fuel plants -- and with virtually
no air pollution. The company was recently awarded a $6.0 million
contract from the U.S. Department of Energy to continue development
of stationary solid oxide fuel cell power plants.
Satcon Technology is a leading provider of utility-grade power
conversion solutions for the renewable energy market, enabling the
industry's most advanced, reliable, and proven clean energy
alternatives. For more than 10 years, Satcon has designed and
delivered advanced power conversion products that enable
large-scale producers of renewable energy to convert the clean
energy they produce into grid-connected efficient and reliable
power.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at:
http://www.paragonreport.com/disclaimer
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