Harnessing the money in wind power

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Source: BBC

It’s a sight that tends to draw mixed responses. For some people, a rugged, windswept farmland scattered with scores of giant wind turbines is beautiful, futuristic spectacle. To others, the slow-moving behemoths taking over landscapes are an eyesore.

But regardless of the aesthetics, these turbines — and the energy they generate — are being seen as an increasingly attractive way to make money.

According to the UN, $286bn was invested into renewable energy last year. Of that, wind power made up $107bn, an increase of 9% from 2014. By 2022, the global wind power market could reach reach $308bn.

But you don’t need to shell out billions on a wind farm to invest in wind technology. You can get involved in a number of ways,  from joining a crowdfunding co-operative to putting your money into renewable managed funds to investing directly in companies involved with wind power.

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