According to the old axiom, the safest way to double your money is to fold it over once and put it in your pocket. Still, if you’re a VC with a wodge of cash burning a hole in your neatly cut suit, you might want to think about putting your sponduliks into wind.
Makes a change from the fruities.
Financial News has taken a look at the runners and riders in green tech investments and deemed wind to be the least risky. Solar meanwhile is cast as the sexy but slightly less unstable cousin.
But, like a granny telling you to take your jumper down the rec, there’s a note of caution for VCs:
“The message to investors seems to be based on diversification rather than focusing on a single asset, taking into account wind, solar, biofuels, carbon capture, energy storage and efficiency technologies.”