Sun Pacific Holding Corp (SNPW)

[ProfitScout]

Solar installations will triple by 2027 thanks to climate bill, report predicts

A new report from the Solar Energy Industries Association and Wood Mackenzie predicts massive growth thanks to long-term certainty provided by the Inflation Reduction Act.

The industry will grow 40% more than prior forecasts, the report said.

"The Inflation Reduction Act has given the solar industry the most long-term certainty it has ever had," Michelle Davis, principal analyst at Wood Mackenzie, said in a statement. 

CNBC Feature Link:
https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2022/09/08/solar-installations-will-nearly-triple-over-the-next-five-years-seia.html

SNPW is in the right industry at the best possible time to become an important part of the blossoming solar power industry.