| Wind energy installations booming in the U.S. |
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2009 was predicted to be a very weak year for wind power, thanks to the economic meltdown and credit crunch. Thanks to the stimulus package, the market has instead developed very strongly. Since early July, when details of the stimulus package was presented, has 1 600 MW been added to the market, enough to supply 480 000 households, and a further 1 700 MW is under construction. The biggest winners of the sharp expansion are General Electric, Siemens and Vestas. The total wind power capacity in the U.S. now stands at over 31 000 MW, enough to supply nine million households or equivalent to 10 nuclear power plants, and helps reduce carbon dioxide emissions by about 2.5%. |
Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |