Washington Post: President-elect Barack Obama wants the nation to derive 10 percent of its electricity from renewable energy sources by 2012, up from 2 percent today. That comes on top of the global push for green power, making wind and solar power companies a good bet. In such an environment, Vestas Wind Systems (symbol VWSYF), the world’s leading supplier of wind turbines, stands to benefit. Vestas’s American depository receipts, which trade on the pink sheets, have fallen about 60 percent this year …
Betting on Renewable Energy
Washington Post: President-elect Barack Obama wants the nation to derive 10 percent of its electricity from renewable energy sources by 2012, up from 2 percent today. That comes on top of the global push for green power, making wind and solar power companies a good bet. In such an environment, Vestas Wind Systems (symbol VWSYF), the world’s leading supplier of wind turbines, stands to benefit. Vestas’s American depository receipts, which trade on the pink sheets, have fallen about 60 percent this year …
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