If you’re looking for investments to make, you might want to take a look at what Goldman Sachs is considering. The group has announced plans to invest in Japanese renewable energy projects, which are designed to further gain and utilize electricity from solar and wind-powered generators.
Renewable energy has been gaining more attention from investors as of late, and Japan is likely to soon become the world’s second-largest solar market, just behind China. Solar installations are expected to reach a range from 6.1 to 9.4 gigawatts in 2013, making it a prime location for solar energy investment and research. As such, Goldman Sachs has decided to invest up to 50 billion yen (approximately $487 million) over the next five years, with an additional 250 billion yen of bank loans and project financing to further assist. Read More