The United States Department of Energy has just published their “blueprint” for a huge increase in the use of solar power in the USA from 4% to 45% of the total energy budget. This got us wondering how to profit from the growth of solar energy over the next years and decades. The work necessary to achieve this goal by 2050 would include doubling the rate of installation of solar energy facilities yearly for four years and then again by 2030. To achieve this goal would require an expansion of the electric grid as well. Along with their solar plans the administration wants to increase the number of offshore wind turbines from a handful to hundreds.
This article originally appeared at Profitable Investing Tips.