bullish

Chasing The Sun

224 Views11 Apr 2023 07:41
Syndicated
SUMMARY
  • In the wake of soaring energy prices and heightened concerns over energy security following the Russia-Ukraine conflict, residential demand for solar power has skyrocketed.
  • This surge in interest is further fueled by a combination of factors: the reduced cost of solar panels thanks to increased manufacturing scale and the Inflation Reduction Act that extends the 30% solar tax credit, making solar more accessible to a broader segment of society.
  • Amidst this solar boom, Complete Solaria is gearing up to go public through a SPAC merger later this year.
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