Solar Is The Investment Alternative Via The Smarter Buyer

Are you in search of a place to invest your money? Why don't you take some of your money and invest it in alternative sources of energy? By the year 2013, the production of eco-friendly energy is expected to be in the multi-billion dollar range. Wind-produced energy has become more economical with the advancement in wind-turbine technologies and more widespread in usage as well. This wind energy technology, which is more state-of-the-art, have become more competitive, market-wise, with traditional types of energy sources. Not even birds are getting killed anymore with the innovative wind-powered technology.

You don't want put your hard-earned money into something that doesn't help the environment. Another alternative energy resource you could invest in is solar cell technology. You wil lbe able to find these in private property lights, hand calculators, buoys used by the US Coast Guard, and a number of other places. Solar cells are being used on an increasing number of roofs of commercial buildings, as well as housing developments and building complexes. As the price to use these solar panels continue to go down, the energy efficiency continues to get better. This is computed by the amount of work to produce energy versus the amount of energy made.

Way back in 1982, the energy conversion efficiency of silicon cells was approximately 4 percent but today, it is above twenty percent. Photovoltaic cells does not produce any pollution when producing electricity but it is not economical enough to replace traditional electricity. These cells, due to space constraints, are not able to produce industrial-production amounts of electricity. There are more available areas where these photovoltaic cells can be installed, and the efficiency is rising while the costs keep coming down. With the nonstop search for new ways of producing alternative energy, advisors of investment portfolios are confident that energy is a smart investment.

New types of clean energy are originating from tidal movement, currents, and differences in temperature. The concept of hydro-power generation is advancing in France and being widely researched in Scotland and the US. Salt water has been an issue in the past with metal deterioration, but that has been improved by utilizing better materials. Marine growth and major storms have led to problems also. But we are aware that the timing of ocean waves and currents is very consistent thus making it a dependable energy source.

In the last couple of decades, investments have gone p in hydro-electric technology. Hydro-electric power generates really clean energy but it is limited by location. Older dams, for instance, have had issues with marine life disruption. There has been a lot of effort to protect the marine life but it's been expected. As a result, low-impact hydro-power plants that doesn't cause ecological problems, have been given more attention. When it is all said and done, investing your dollars in green energy is the way to go.

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