Home | April 2012News | Delray Securities today announced an Alternative Energy Joint Venture in Germany |
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Delray Securities today announced an Alternative Energy Joint Venture in Germany
- Delray Securities today announced an Alternative Energy Joint Venture in Germany
- April 24, 2012
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Delray Securities today announced a Green Hydro Energy joint venture in Germany for its "Delray Securities Energy Fund".
Boca Raton, FL - At present, 83% of Germany's energy production and consumption comes from fossil fuels (oil, coal & gas), another 12% comes from nuclear energy, and about 5% of Germany's energy requirements come from regenerative energy sources or from raw materials that grow again.
As of 2010, Germany must cover 12.5% of its power supply by renewable energy. With Germany's Rigid financial policies limiting the number of new energy production companies entering the market, the senior mem...
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