Bright Horizons: Top Solar Stocks for 2024
–News Direct–
As we step into 2024, solar energy investment emerges as an intriguing prospect amid a global push for cleaner and more sustainable solutions. The solar sector, a pivotal player in transitioning away from traditional fossil fuels, stands at the forefront of discussions. In the United States, meeting 2050 goals necessitates an estimated $1.2 trillion investment in solar energy development.
The past decade has witnessed a remarkable surge in solar, boasting an average annual growth rate of 24%. Federal policies, including the Solar Investment Tax Credit, coupled with plummeting costs and escalating demand for clean electricity, have propelled the installation of over 162 gigawatts (GW) of solar capacity nationwide. This translates to powering nearly 30 million homes.
As of Q3 ...