Are you searching for means to turn your extra money into profit? A good area to consider investing in is alternative energy.

1. is putting your money in
Are you in search of a place to invest your money? Have you thought about taking some of your
money and put it into alternative sources of energy? It is predicted that green energy production
will be in the billion dollar range by the year 2013. Wind-produced energy has become more
economical with the advancement in wind-turbine technologies and more widespread in usage as
well. This has resulted in wind technology being really competitive against more conventional
types of energy producing products. Wind-powered technology has become so advanced that
birds are no longer getting incidentally killed.
Your money might be spent in a lot of worse places than in businesses that are into wind energy
production. One other area to consider putting your money in is photovoltaic cell technology.
These little sun powered panels are powering things like calculators, flashlights, and other
gizmos. But they are likewise being employed to power commercial buildings and housing
developments. With the falling prices, their energy efficiency is always increasing. This is
computed by the amount of work to create energy versus the amount of energy produced.
Back in 1982, the silicon cells' conversion efficiency was 4% 4 percent, and with the latest
technology, it is above 20%. Using solar cells can bring down the amount of pollution being
produced but it is not cost-effective enough to be an alternative to regular electricity. Mike Dillard
The Elevation Group Because of limited space, the cells are unable to generate very large
amounts of electricity. But as areas are converted to put these cells, the cost and efficiency will
get better. With the continual search for new methods of producing alternative energy, advisors of
investment portfolios are certain that energy is a wise investment.
New types of eco-friendly energy are appearing such as tidal movements, currents and
temperature changes. The concept of hydro-power generation is progressing in France and being
extensively researched in Scotland and America. Salt water has been a problem in the past with
metal deterioration, but that has been made better by employing better materials. Marine growth
and severe storms have caused problems too. However, we know that the timing of ocean waves
and currents is very consistent thus making it a reliable source for energy.
Investments in hydro-electric technology have grown a great deal over the past few decades. It is
extremely clean power, but hydro-electric power is evidently restricted by geography. Older dams,
for example, have had issues with marine life disruption. There has been great effort to protect
the marine life but the cost has been high. Because of this, there have been efforts to come up
with ecologically sound, low-impact means to produce hydro-power. When it is all said and done,
investing your dollars in eco-friendly energy is the way to go.