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Chinese household appliances and solar related stocks reversed some of the losses incurred on Tuesday morning, after US President Donald Trump slapped steep tariffs on imported washing machines and solar panels on Monday, by close of trade. (13-0)
"The solar photovoltaic (PV) glass market is projected to grow at a CAGR of 33.4% from 2017 to 2022 in terms of value." The solar PV glass market is projected to grow from USD 4.38 billion in 2017 to USD 18.48 billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Increased demand for solar photovoltaic (PV) glass from the residential, non-residential, and utility sectors is expected to fuel the growth of the solar PV glass market during the forecast period.
The report "Solar Photovoltaic Glass Market by Application (Utility, Residential, and Non-Residential), Type (AR Coated, Tempered, TCO, and Others), End User (Crystalline Silicon PV Modules and Thin Film PV Modules), Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to grow from USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022, at a CAGR of 33.4% from 2017 to 2022.
I recently posted an article about First Solar (NYSE: FSLR) and their competitive advantage in hot climates like India (read it here). Someone commented on the article, suggesting that readers buy Guggenheim Solar ETF (NYSEARCA:TAN) instead. The reasons they listed include being able to 1) make an "autopilot" investment instead of hand picking the "right" stocks, and 2) receive a cash distribution that comes from TAN's yieldco holdings and money earned from lending out shares on interest for short sellers.
NY gold futures jump to US$1,263 per ounce, the highest level in three months as investors worry about uncertainties in Trump’s Congress speech
I looked at the top five ETFs in renewable energy and selected six companies for review of potential.