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Investing in the Power of the Sea

Posted on October 15, 2008

Wave power - the harnessing of the movements of the oceans as a source of renewable energy - is not on the radar screens of most investors. Even those investors who take a particular interest in green technology will generally know vastly more about solar, wind and geothermal than about wave or tidal power. So this month's announcement from Spanish company Iberdrola Renovables that it has deployed the first buoy of its pilot wave power plant might go a little way to drawing some investor attention to the great potential of this technology....

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geothermal , renewable , renewable energy , solar , wind