This company could be an excellent play on solar energy investing, but they don't make solar panels! That's what makes this investment idea so intriguing - it's a lucrative aspect of renewable energy generation that most people don't think about.
There's an innovative company harnessing the power of our planet's most abundant energy source: solar! It should be clear to all investors that going forward a large percentage of electricity generation will come from solar. Not only is it cost-effective, but it is also remarkably abundant—after all, the sun rises every day! In fact, just a small fraction of the land area in the United States could provide enough energy to power the entire country.
Solar production has been on a tear in recent years, the first quarter of 2024 alone the US added 200GW of solar which accounted for 86% of new generating capacity added in the first quarter of 2024. That one quarter of added solar was more solar then added in the US in all of 2018.