For Immediate Release Chicago, IL – September 23, 2015 – Today, Zacks Equity Research discusses the Alternative Energy, part 2, including NRG Energy Inc. (NRG), Sempra Energy (SRE), Duke Energy Corp. (DUK), First Solar Inc. (FSLR) and SunEdison Inc. (SUNE). Industry: Alternative Energy, part 2 Link: https://www.zacks.com/commentary/57065/green-energy-investme... Despite a multitude of macro challenges like deflationary worries in Europe, slowdown in China and Japan, along with the oil price carnage in the market, the long-term outlook for the alternative energy space has held up pretty well. The latest report from the U.S. Energy Information Administration (“EIA”) shows that renewable energy will be the fastest growing power source through 2040. Solar and wind are gradually transforming the way we produce and consume energy, driving the ongoing global energy transition. Although some better-established sources of alternative energy -- hydro, wind, biomass and waste, not to mention solar photovoltaics (“PV”) -- are supported extensively, niche renewable energy sources such as geothermal and concentrated solar power (“CSP”) are also on the rise, natural conditions permitting. Here we take a look at the alternative energy space and attempt to identify this nascent industry's strengths. U.S. Administration’s Green Energy Drive: "Clean energy" has long been the focus of the current administration. President Obama’s "Climate Change Action Plan" and the favorable green energy trends have already done a lot in pushing the sector northward. Now, the budget proposal seeks an approximate 7.2% rise in funding for a clean energy space. The proposal asks Congress for a permanent extension of tax credits for the solar and wind industry. The fiscal 2016 budget request includes a $7.4 billion fund for clean energy technologies, up 7.2% from the $6.9 billion proposal for fiscal 2015 and above the $6.5 billion enacted by Congress for fiscal 2015. In addition, the U.S. administration’s... More