We the humans consumed almost all the source of energy and now we are looking for an alternate power for the future. When thinking about the alternate power, solar power and natural gas comes first. But many are not investing in solar panels thinking that they are costly when comparing to the other source of energy. This is not true at this point of time. In the mid 70′s, cost of a 1watt panel is $60 and not it is only $1.50. Since the production and consumption increases, the price comes down and many countries started to invest in solar power and some big players are Germany, USA at the start and will become a big player as soon as possible.
Natural gas is one of the safest, purest and most useful forms of energy.
This industry is seeing a great growth percentage of 2,752% as there is 40.7GW solar capacity now when compared to the 1.4 Gigawatts at the turn of the century. No industry have seen this kind of growth and it is only solar and natural gas is in such a boom. In the next 25 years, there will be an 58% increase of energy demand in this world as predicted by experts and it is the right time for Natural gas and solar energy investments.
At this point of time, Germany is at the top in this investment and all other countries like USA, China will emerge as the top power in a decade or so.
The top three players are,
- Suntech (NYSE: STP), 1,572 MW
- JA Solar (NASDAQ: JASO), 1,464 MW
- First Solar (NASDAQ: FSLR), 1,411 MW
