Sunday, 03 June 2007

Vestas, Gamesa, Clipper Make Wind Power Tops in Energy Markets Investment

(Bloomberg) -- From General Electric Co. to
Mitsubishi Heavy Industries Ltd. to E.ON AG, the world's largest
companies are investing in wind power, the best-performing energy
in the past year.

Led by Vestas Wind Systems A/S and Spain's Iberdrola SA,
utilities and governments in the U.S., China and Europe will
spend as much as $150 billion on wind projects in the next five
years, according to CLSA Research Ltd., part of Credit Agricole
SA. Lawmakers are providing financial incentives because
windmills are non-polluting and cost less than solar projects.


Read more at Bloomberg Stocks News

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