Hedge Fund Claims Clean Energy Sector Is "Dead for Now" ...Middle East

Economy by : (OILPRICE) -
There is currently no money to be made from things like wind and solar, a hedge fund set up specifically to profit from that niche has concluded. “The whole sector — solar, wind, hydrogen, fuel cells — anything clean is dead for now,” Nishant Gupta, the founder of the UK-based fund, Kanou Capital, told Bloomberg, hours after one of the largest solar energy players in the U.S. warned it has doubts about its state as a going concern. “The fundamentals are very poor,” Gupta, who manages some $100 million, told Bloomberg,…

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