2/3 Of Large Investment Companies Planning To Prioritize Solar Over Next 5 Years
Based on the results of a recent survey from the financial services firm Wiser Capital, roughly ⅔ of large investment firms in the US are planning to prioritize solar energy over the next 5 years.
The very interesting survey findings were the result of a query that saw representatives from 100 large investment firms respond. Altogether, around 32% of the companies that responded stated intent to invest in solar energy for the first time within the year; roughly 28% stated intent to invest in solar energy for the first time within the next 2–5 years.
Also worth noting is that roughly 80% of the firms queried stated interest in solar energy that was based at least partly on desire “to support a cleaner energy future.” Around 60% stated that they’re confident they’ll get a high return on investment via solar energy.
“We have known the demand for mid-scale solar investment was growing in the US and it’s clear the boom has in fact already begun,” stated Nathan Homan, the executive director of Wiser Capital.
Reasons stated by those queried for not investing in solar energy most strongly included: uncertainty about policies in various states (net-metering, etc), lack of policy + industry standardization.
“It has always been a notoriously difficult sector for investors to assess risk and prove investments viable without incurring incredibly high administrative costs,” stated Homan. “With our technology finally unlocking this new market segment, we are excited to see sustained and aggressive growth in the solar industry across the country.”
About what I would have guessed. Any comments?
Image Credit: Wiser Capital
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