Investor Report Targets the Solar Photovoltaic Industry

[] Progressive Investor released a recent report, “Investing in Solar Photovoltaics: a Market at the Tipping Point.” With annual growth rates exceeding 30 percent, and expanding profit margins, solar PV is in transition to becoming one of the world’s fast-growth, profitable industries. Together, the world’s 24 publicly traded solar companies saw their shares jump by almost 185 percent, according to the report. Customer demand is so high that solar manufacturers are completely sold out and are ramping up to meet demand. The report offers an overview of the booming industry, the investing landscape, and the main players. The report says 2005 is likely to be an even a bigger year with over 20 IPOs in the works. The sector will be much bigger with many new players, and with existing players practically all reaching profitability. In terms of investments, the Progressive Investor’s analysts favor Japan’s Sharp, Kyocera ,and Tokuyama, Germany’s SolarWorld and Q-Cells (a much anticipated 2005 IPO), and Evergreen Solar (ELSR) in the U.S. For more information, see the following link:
Previous articleInverter Industry Growing in New York Technology
Next articleMitsubishi Sets April Date for Overseas PV Shipments

No posts to display