Warren Buffett's Solar Energy Venture

Warren Buffett's solar deal is important. It signals that the power industry appears to be pivoting away from wind and focusing on solar. The drivers are risk, reward and tax credits.

Berkshire Hathaway (BRK.A) knows a thing or two about the power and natural gas industries. Through its holding company, Berkshire owns Pacific Power, Rocky Mountain Power, MidAmerican Energy (electric and gas utility), Northern Natural Gas, Kern River Gas Transmission, Northern Powergrid (U.K.), CalEnergy Generation, and MidAmerican Renewables. The combined companies control 38,600 miles of natural gas pipelines, 177,000 mile of electric power lines, and 22,000 megawatts of generating capacity....629 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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