Are you in search of a place to invest your money? A smart investment to seriously consider is alternative energy. By the year 2013, the production of green energy is expected to be in the multi-billion dollar range. Wind power has become very affordable as a result of better technology and increasing widespread use. This has resulted in wind technology being really competitive against more conventional types of energy producing products. In fact, wind energy technology is advanced where birds no longer get killed by the propellers. Make sure you get the best cell tower lease rates.

You can put your hard-earned money in businesses that do a lot worse than wind energy production. Another area to consider are solar cell investments, or solar cell technology. You wil lbe able to find these in private property lights, calculators, buoys employed by the US Coast Guard, and a number of other places. But solar cells are likewise being used to power commercial buildings and housing developments. Along with the dropping prices, their energy efficiency is constantly increasing. This is calculated by the amount of work necessary for energy production, compared to the energy generated.

In 1982, the energy conversion efficiency of silicon cells was 4% 4 percent, and with the up-to-date technology, it is over 20 percent. When generating electrical power, photovoltaic cells do not create any pollution, but right now they are not cost-effective with regular electricity. Since large amounts of cells are required to create large amounts of electricity, they are not ready for producing electricity on a large scale. But as areas are converted to put these photovoltaic cells, the cost and efficiency will continue to improve. As the research and development of alternative energy continue, advisors who manage investments continue to recommend their clients to invest in it.

New forms of eco-friendly energy are emerging such as tidal movements, currents and temperature changes. Hydro power generation is progressing with the French, and being studied by experts in Scotland and the US. Salt water has been a problem previously with metal deterioration, but that has been made better by utilizing better materials. Also in the past, very terrible storms and strange marine growth also caused problems in using hydro-power effectively. As the timing of ocean waves and currents can be relied on, as well as understood, there is a great advantage to ocean-produced energy.

Investments in hydro-electric technology have grown a good deal over the past several decades. The power it makes is clean but hydro-electric power is limited by geography. Bigger, older dams, although already important as power generators, have had problems with marine life disruption. There has been a lot of effort to protect the marine life but it's been costly. As a consequence, there have been efforts to find ecologically sound, low-impact methods to produce hydro-power. Bottom line, investing in green energy is the way to go.