You may not realize it with the surge in oil and gas stocks recently, but there’s another sector of the energy market you need to be a part of.
It’s the booming solar energy sector.
The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% over that time, according to a new report from Allied Research.
That’s just the tip of the iceberg.
According to the U.S. Energy Information Administration (EIA), approximately 70–80 gigawatts of new wind and solar photovoltaic capacity is expected to be added from 2018–2022, requiring $100–$150 billion of capital to build and develop. Moreover, Goldman Sachs states its data indicates more than 200 gigawatts of renewable energy projects will be installed between 2017 and 2030, requiring $360 billion of capital expenditure.
That’s a lot of money… which is why I drove out to the Friendship Solar Farm in West Friendship, Maryland, to record a special video alert explaining why the solar energy sector looks so lucrative right now and how you can invest in the best companies in this space.
Your short, six-minute video alert is below:
Have a great weekend. We’ll talk again next week.
To your wealth,
Sean McCloskey
Editor, Energy and Capital
@TheRL_McCloskey on TwitterAfter spending 10 years in the consumer tech reporting and educational publishing industries, Sean has since redevoted himself to one of his original passions: identifying and cashing in on the most lucrative opportunities the market has to offer. As the former managing editor of multiple investment newsletters, he's covered virtually every sector of the market, ranging from energy and tech to gold and cannabis. Over the years, Sean has offered his followers the chance to score numerous triple-digit gains, and today he continues his mission to deliver followers the best chance to score big wins on Wall Street and beyond as an editor for Energy and Capital.
