Wells Fargo just announced that it intends to pony up $100 million for new solar projects being developed by Enfinity America Corp.
Why would they do such a thing?
Because solar continues to be a booming business, and there’s a lot of money to be made in the solar game.
Wells Fargo, just like Citigroup and U.S. Bancorp, which have both been very active in the clean energy space, has already invested $2.7 billion in more than 300 projects since 2006.
Enfinity is one of the world’s largest solar development companies on the planet, with activities in North America, Europe and Asia. The company has developed some of the largest solar projects in the world, and it continues to expand its operations on a global scale.
Here’s a quick history on Enfinity. . .
Another $100 Million Ready For New Solar Projects originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.