NEP - 1 Renewable-Energy Growth Story That Dividend Investors Won't Want to Overlook
A lot has changed in the renewable-energy sector over the years. Among the most noteworthy trends is the dramatic decline in the costs of building new wind and solar capacity. One factor playing a role in driving down those costs is how renewable-energy technology has evolved. Wind turbines, for example, continue to increase in size, which enables them to produce more power.
That's why owners of older windfarms are repowering their facilities by replacing aging turbines with new, more powerful ones. These investments can generate high-powered returns. That's something that dividend investors won't want to overlook, since they stand to be among the biggest beneficiaries of the growing trend of repowering older wind farms.
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