Warren Buffett shines on solar sector

Reblogged from GigaOM:

When the Oracle of Omaha makes an investment, others follow. Even if it's in a sector that's been hammered in recent months: solar. This week Warren Buffett's MidAmerican Energy Holdings Company acquired two massive solar panel plants -- which together represent some of the largest solar assets in the world -- from SunPower. The Antelope Valley Solar Projects, to be built in Southern California, are worth some $2 billion to $2.5 billion collectively.

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Well done Warren. Perhaps he believes in global warming.