Texas Could Go Big on Wind and Solar Energy

While the state of Texas is the largest coal consumer according to the U.S. Energy Information Administration (EIA), it also has significant wind and solar energy growth.According to a Fortune article, Texas “leads the nation in wind power generation, which accounts for around 20% of Texas´ energy usage, while the state´s solar power industry is also growing fast.” If Texas can pave the way for more growth in other states, look for investment opportunities in these niche energy sectors.One potential ETF play is the Global X Solar ETF (RAYS). The fund seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry, which includes companies involved in solar power production, the integration of solar into energy systems, and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related…

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