The business world has recognized a need for viable alternative energy solutions, and investors are now pouring in their cash. Last year, a staggering $214 billion was invested in renewable energy worldwide. Many nations and corporations across the world are taking steps to develop alternative energy solutions and the private sector is taking note of this opportunity.
KKR & Co. L.P. (NYSE:KKR), one of the world’s largest private equity firms, invested $567 million USD for a 33% stake in Acciona’s renewable energy efforts. Acciona is a Spanish conglomerate and holds major assets based on seven clean technologies in 13 countries: wind, CSP, photovoltaic, hydroelectric, biomass, biodiesel and bioethanol. The company’s major focus is on wind energy.
Most Promising Alternative Energy Trends In 2014
Infographic Source: TollFreeForwarding.com