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A Solar Industry Snapshot
By Nick Hodge | Friday, August 29th, 2008
Solar Stocks Trends & Outlook

Solar stocks are completely undervalued. And big money stands to be made. The following is a current profile of the industry, along with what to expect going forward.

The Solar Industry

Let's start with the basics.

The global solar industry has grown 849% over the past eight years, from an installed capacity of 877 MW in 2000 to 8,325 MW at the end of 2007.

That breaks down to a compounded annual growth rate (CAGR) of 37.9% for the same period.



Folks, not many things grow 849% in eight years. For perspective, the Dow Jones Industrial Average gained only 12% during the same time.

Broken down by country, or by region, some interesting trends also emerge, especially when it comes