For the first time ever, in April 2019, renewable energy outpaced coal by providing 23% of US power generation, compared to coal’s 20% share.
Many people believed that a Democrate win will be a huge victory for the renewable energy industry. In fact, the executive director of the International Energy Agency (IEA) , Dr. Fatih Birol, recently said that solar has become “the new king of electricity.”
With solar powered products becoming even more affordable, and an ever-increasing number of people adopting it to fulfill their daily needs, solar power stocks do present a viable investment instrument.
Currently, solar energy investors have an incredible opportunity to invest in stable yet powerful solar companies, who are prepared to reach their full market potential. With a potential market capitalisation of trillions of dollars, and one of the highest growth rates among all sectors, patient investors can prosper in the long term by initiating positions in solar power-oriented stocks
As both residential and commercial solar generation grows, Green Stream Holdings Inc. (OTC: GSFI), Sunpower (NASDAQ:SPWR) and Enphase Energy Inc. (NASDAQ: ENPH) are in position to be major beneficiaries of the growth in solar industry.
Green Stream Finance, Inc. (OTC: GSFI), a Wyoming-based corporation with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company’s next-generation solar greenhouses, constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.
The company recently announced that it is in varying stages of implementation of its Solar Utility Model in a number of key suburbs and targeted neighborhoods in New York. These initiatives include the signing of MOUs across the State along with the completion of design and engineering for one site related to its New York Community Solar project. The next phase is related to project finance and the build-out of its own system which could be concluded in the next 4-6 months. Once completed, the financial model enables multi-unit housing residents (condominiums and apartments) to finally participate in 15-25% monthly energy savings through membership in solar farms. In turn, GSFI’s utility division is positioned to generate substantial revenue/cash flow for a period of 25 years, via the lease and sale of electricity (Solar Credits) to customers that are members and subscribers of the underlying farm.
SunPower Corporation (NASDAQ: SPWR) delivers solar solutions worldwide. It operates through SunPower Energy Services and SunPower Technologies segments. The company provides solar power components, including panels and system components, primarily to dealers, system integrators, and distributors. It also offers commercial rooftop and ground-mounted solar power systems, and residential mounting systems. In addition, the company provides post-installation operations and maintenance services. Further, it leases and sells solar power systems to residential customers; and sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was founded in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Solar INTL SAS.
Enphase Energy, Inc. (NASDAQ: ENPH) , together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as directly to the homeowners and the do-it-yourself market through its legacy product upgrade program or online store. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California.