Power Inverters: The Back Door To Alternative Energy
Investors wanting a stealth play on the growth of solar and wind energy, should focus their attention on the power inverter companies. These mechanisms convert direct current (DC) to alternating current (AC). Solar panels, energy storage devices and wind turbines generally produce DC power. Inverters are used to connect alternative energy sources to the electrical grid. As solar and wind energy become more common place, the companies specializing in power inverters will also profit.
Investors wanting to play the growth can do so via a few companies. American Superconductor Corporation (NASDAQ: AMSC), Advanced Energy Industries (NASDAQ: AEIS), Satcon Technology (NASDAQ: SATC) and Power-One (NASDAQ: PWER) are all interesting choices in the sector.
