The CEO of IBM in 1952 said there would never be a market for more than five computers...Right now is 1952 for solar.
Those who recognize that fact will be tomorrow's Bill Gates. The industry is still maturing, reducing costs, increasing efficiencies, and reaching economies of scale.
To dismiss the long-term profit potential is like saying you wouldn't invest in Apple (NASDAQ: AAPLE) in 1985 when it was $1.84.
You'd have been an idiot who missed out on 19,500% gains.
It'd be like saying personal music players would never catch on when they still looked like this in 1975:
One of my favorite charts showing the forecast growth of solar for the next decade:
Just keep that in mind when pondering the future of energy.
The "here and now" perspective isn't always the correct angle to view the situation.
Advances are being made every day.
And it won't be long before solar goes the way of the iPod...
Everyone will have one.
The key is finding the Apple or Microsoft of the solar industry.
Keep your mind open and your profits large,
Nick Hodge
Editor, Energy and Capital
Related:
Solar Envoy - Turanor PlanetSolar
First Solar Boat Expedition Around The Globe
http://www.planetsolar.org/vision.html
Those who recognize that fact will be tomorrow's Bill Gates. The industry is still maturing, reducing costs, increasing efficiencies, and reaching economies of scale.
To dismiss the long-term profit potential is like saying you wouldn't invest in Apple (NASDAQ: AAPLE) in 1985 when it was $1.84.
You'd have been an idiot who missed out on 19,500% gains.
It'd be like saying personal music players would never catch on when they still looked like this in 1975:
One of my favorite charts showing the forecast growth of solar for the next decade:
Just keep that in mind when pondering the future of energy.
The "here and now" perspective isn't always the correct angle to view the situation.
Advances are being made every day.
And it won't be long before solar goes the way of the iPod...
Everyone will have one.
The key is finding the Apple or Microsoft of the solar industry.
Keep your mind open and your profits large,
Nick Hodge
Editor, Energy and Capital
Related:
Solar Envoy - Turanor PlanetSolar
First Solar Boat Expedition Around The Globe
http://www.planetsolar.org/vision.html
