Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Japan: The Land of the Rising Wind

It's to be expected that Japan is looking to distance itself from nuclear power following the Fukushima disaster. Turning its development toward renewable energy sources, the country is one of the global leaders in installed solar capacity; however, it lags in its wind power assets. To this effect, the Japan Wind Power Association recently announced revised targets for the country's wind power capacity.

Validating the opportunity that Japan offers the wind industry, GE (NYSE: GE  ) is redoubling its efforts on expanding its presence. As reported by Bloomberg, Anne McEntee, CEO of renewable energy at GE Power & Water, addressed the potential in the Japanese market, "As you look at Japan and how we think about the energy mix in Japan, overall energy diversity is key ... We see an opportunity, and that opportunity is in renewables." Wind turbine manufacturers Vestas Wind Systems (NASDAQOTH: VWDRY  )  and Siemens AG (NASDAQOTH: SIEGY  )  share GE's sentiment, also working hard to gobble up market share. According to Vestas Chief Marketing Officer, Morten Albaek, "If Japan is going to reduce its imports of fossil fuels, then you need to get more renewable energy into the energy mix. Wind will play a key role, and offshore wind will be a significant segment inside wind energy."

OPEC is absolutely terrified of this game-changer
Imagine a company that rents a very specific and valuable piece of machinery for $41,000 per hour (That’s almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company’s can’t-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we’re calling OPEC’s Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock… and join Buffett in his quest for a veritable landslide of profits!


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2990877, ~/Articles/ArticleHandler.aspx, 9/4/2015 3:18:50 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Scott Levine

A member of The Motley Fool since 2006, Scott began contributing content in 2013. He focuses primarily on the energy sector, specifically renewable energy companies. Follow him on Twitter for the most recent renewable energy news. . .

Today's Market

updated Moments ago Sponsored by:
DOW 16,082.07 -292.69 -1.79%
S&P 500 1,920.92 -30.21 -1.55%
NASD 4,678.73 -54.77 -1.16%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/4/2015 3:02 PM
GE $23.98 Down -0.53 -2.16%
General Electric C… CAPS Rating: ****
SIEGY $95.60 Down -2.28 -2.33%
Siemens AG (ADR) CAPS Rating: *****
VWDRY $17.42 Down -0.41 -2.30%
Vestas Wind System… CAPS Rating: ***