Hello there - Let’s face it solar energy has disappointed investors for the last decade. But it wasn’t entirely the fault of the companies. Solar panel technology lacked widespread adoption. And without subsidies to encourage installation, it was simply not a cost-effective option for many residential and business customers. But that may be changing. Some of that enthusiasm is coming from the Biden administration’s proposed infrastructure bill. Yes, this will provide subsidies that may artificially prop up the market. However, no amount of subsidy will matter if the technology isn’t there to support it. Consider the plight of the electric car industry, which is facing supply chain woes on the one hand. And on the other hand, they’re facing a lack of charging infrastructure to soothe consumers with range anxiety. The solar industry is not immune from the current supply chain woes. However, the outlook for the industry is becoming very bright. Some analysts project the global solar energy market to be worth $223.3 billion by 2026. That would equate to a compound annual growth rate (CAGR) of 20.5%. And the U.S. Energy Information Administration projects that solar energy may account for approximately 50% of the nation’s renewable electricity generation by 2050. For that to happen, solar energy must continue to make its way across the country. Already there is evidence it’s doing just that. The amount of solar energy installed throughout the country could power 18 million homes. This is the beginning of what stands to be a multi-year trend. And there’s no time like the present for opportunistic investors to get involved. That’s why we’ve created this special presentation that focuses on solar stocks that are ready to break out. View the “7 Solar Stocks That Are Ready to Shine”
Matthew Paulson
MarketBeat.com | 
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