Four ETFs Profiting From Green Energy

Tony Daltorio, The Investment U Research Team

It doesn’t take an genius to see the writing on the wall for green energy.

Governments around the globe from the United States to Europe to China are clearing the way for investors to make some “green” while investing in green-energy technologies.

Clean energy technology has been a universal component of government stimulus packages around the globe. Here in the United States, President Obama continues to focus the spotlight on clean energy with many visits to such projects around the country. Over $100 billion from the administration’s stimulus package has been designated for the advancement of clean energy technologies.

Congress is currently trying to cobble together perhaps the most far-reaching climate and energy legislation ever. The legislation would not only initiate a “cap and

Hoku Materials Inc., a wholly owned subsidiary of clean energy technology company, Hoku Scientific Inc. (Nasdaq: HOKU), today announced a silicon metal supply agreement that will supply Hoku with guaranteed amounts of metallurgical grade silicon for three years beginning in 2009.

Hoku’s agreement with leading alloy producer Polymet Alloys Inc. and its allied partner Rima Industrial S.A., will allow Hoku to use the grade silicon to manufacture trichlorosilane, an integral material in solar grade polysilicon production.

“Hoku is pleased to have established this partnership with Polymet Alloys Inc. and Rima Industrial S.A., leaders in the silicon metal industry,” Dustin Shindo, chairman and CEO of Hoku Scientific stated in the press release. “Silicon metal is a key raw material for Siemens-based production of polysilicon, and another important way for Hoku to manage our production costs. The fixed rates negotiated under this agreement are fair and fit well within our projected financial