While the rest of the economy seemingly crashes around our feet, the renewable energy industry is thriving as investors seek out a stable risk with a promising future.
Even before Congress passed vital legislation extending tax credits to the industry last week, investment in clean energy companies had been growing at a sharp pace.
Renewable energy companies with ties to Nevada have said investment has increased in the past year as the industry gains a higher profile and political candidates express support for growth in the sector.
Reno-based wind spire company Mariah Power just reached a fundraising goal with enough investment dollars to spur major growth.
The consumer-scale wind spire manufacturer is launching a more powerful product, opening a manufacturing plant in Michigan and is moving forward with research and development on spires to power parking-lot lights, streetlights and a residential rooftop model, founder and Chief Executive Mike Hess said.
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