Is it the right time to invest into solar energy in India

With the pending changes, individuals and businesses are scrambling for alternatives. Solar energy is becoming the new go-to, and investors know this. This is the first reason stocks are about to rocket.

“For several years at this point,  has offered a 30% tax credit as an incentive for business owners and consumers that… take advantage of renewable energy in their homes and offices. However, this tax credit was set to expire in the beginning of 2016… Recently, we heard news that this tax credit would be extended.”

Solar stocks were expected to drop in anticipation of the end of the tax cuts. Now that these credits will be available for the foreseeable future, investors will be even more eager to buy into the market.

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Government Awareness

Now, because of these advances, and the increased awareness of the impacts of fossil fuels, it is not just consumers who want to make changed. Governments are more aware of the urgency of the energy situation, and because of the deal, will need to find alternatives.

We can conclude “that 195 countries are now going to see massive increases in demand for renewable energy… and solar companies are going to see large increases in sales, revenue, net earnings, and ultimately their stock prices.”

Time to Invest in Solar

So, according to Markets, now is a great time to invest in solar. The market is certainly going to boom, with industry leaders seeing huge increase in demand. It’sdefinitely worth serious consideration, and could make investors a lot of money in the short and long term.