NEWS

At present, when the world is facing an energy crisis. Warren Buffett, known as the "God of stocks", plans to invest nearly $4 billion US dollar to build more wind and solar power projects in Iowa, USA. At the same time, he also plans to fund technology for carbon capture, energy storage and small nuclear reactors. It could be one of the biggest investments in renewable energy.

MidAmerican Energy Holdings Co, the unit of Buffett's Berkshire Hathaway, said in a statement that the project would solve the power supply problem of 600,000 households, further easing the world's energy crisis.