Warren Buffett Has Started The Biggest Energy Revolution
Green energy has been on the rise with governments pledging to invest and countries committing to using 100% renewable energy in the upcoming decades. In the past several years, the cost of solar has decreased drastically and has grown ten-times more efficient. For the first time, solar energy is cheaper than fossil fuels.
Warren Buffet struck a deal in September to build America’s largest solar farm. Located in the desert outside of Las Vegas, the sunshine will power the world’s largest battery and produce 6-7% of LA’s electricity needs. Costs are half of that of a natural gas power plant. Solar became 2019’s best performing exchange-traded fund and forecasts show solar stocks increasing exponentially if we continue to see progress.
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Additional Information: https://www.forbes.com/sites/stephenmcbride1/2020/02/11/warren-buffett-has-started-the-biggest-energy-revolution/#38c11d204494