the market of solar energy
As investors, you're obviously at least aware of the now ubiquitous solar market. But simply being aware of it is no longer enough. Do you know? For solar power, this industry-predicted to grow is as much as 35% annually for the next few years. I think you will be interested in really making money in this solar energy market.
There is good news. Solar electricity generating capacity has on average doubled every two years since 1998.
Below is the chart for solar power (solar energy) worldwide these years.
The solar industry isn't going away by any stretch of the imagination. Global installed capacity is still forecast to grow about 33% this year and about 22% in 2010.
There is plenty of growth left for this solar industry that doesn't even come close to producing 1% of our energy needs yet. Recent government mandates and incentives will ensure homeowners and financiers have good reason to put solar on their roofs or to fund large new installations.
