In challenging times, it is nice to hear some positive stories of companies that are doing well by doing good.  Our colleague fund, Investeco, recently reported that EnerWorks, a holding in their Second Private Equity Fund, is building substantial momentum. EnerWorks develops and manufactures proprietary renewable energy appliances for residential, commercial and industrial markets. In the residential market, EnerWorks’s solar water heating appliances are fully certified, ENERGY STAR® qualified, and the only system meeting CSA international standards. They complement existing water-heating systems and provide users with clean energy and a real reduction in energy costs. In the commercial and industrial markets, EnerWorks is at the forefront of integrated solar thermal solutions, working with local partners to design, install, commission and maintain solar thermal heating and cooling systems.

If this graph is vaguely accurate, the scale of wealth evaporation represented in this one industry sub sector alone, has ramifications we are going to have a hard time seeing before it hits us much harder.