KBC favors wind over sun in renewable investments

By Christoph Steitz
05 November 2009 @ 04:55 pm EDT

FRANKFURT - Investing in wind power offers safer, less volatile returns in the current market environment than the solar sector, a fund manager of KBC's asset management arm told Reuters. "We as investors like strong, steady growth, which is why we currently favor wind more than solar, which is expected to see more volatility in the short term," said Treasa Ni Chonghaile, manager of KBC's Eco Alternative Energy fund.



Power-generating windmill turbines are pictured in Suzlon wind farm at Sanodar village, 160 km (99 miles) west of the western Indian city of Ahmedabad, September 8, 2009.
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Copyright 2009 Thomson Reuters. All rights reserved.

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