TGI Solar Power Group, Inc. (TSPG) Shares Could Be Bouncing Back to Levels Not Seen in Months

There’s a variety of appealing ways in which investors can soak up the sun. 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 such as TGI Solar Power Group, Inc. (TSPG).

TGI continues to make progress with its manufacturing partners in gearing up for the production of storage for on-grid and off-grid solar battery backup systems for home battery storage, solar battery backup and solar energy storage. Some battery storage systems are designed to use your existing grid-tied solar system as an inverter/charger battery backup system during emergency power outages with auto generator assist available. TGI intends to develop its own brand of underlying products and have its own assembly plant to take advantage of high demand for storage tech and batteries.

TGI recently announced signing an agreement with Lucent Energy Management. The Executives of both TGI and Lucent are making progress creating defined commercial and residential growth plans to take advantage of the strong renewable energy industry in 2020 and 2021, as well as working on budgets of expansion and project financing. Management will also be pursuing additional acquisitions or business combination opportunities. Renewable energy markets are evolving rapidly and TGI intends to take advantage of opportunities to increase shareholders values.

TSPG is trading at a discount compared to other players. And several upcoming catalysts could catapult shares higher. In our view, a bounce is all but guaranteed. Right now, all of the fear and negativity is priced in. That means, in the short-term, TGI Solar Power Group, Inc. (TSPG) have nowhere to go but up.