Survey of Big Investment Companies Shows Why We Might Be on The Verge Of A Solar Power Boom
http://thinkprogress.org/climate/2015/06/17/3670599/solar-investment-companies/
Approximately two-thirds of big investment companies plan to prioritize solar power in the next five years, according to a new survey.
The survey, commissioned by financial services firm Wiser Capital, got responses from 100 representatives from large investment companies in the United States. It found that 32 percent of those companies plan to invest in solar for the first time this year, and 28 percent will invest in solar for the first time in the next two to five years. It also found that about 80 percent of the companies polled want to invest in solar to support a cleaner energy future, and a little over 60 percent want to invest in it because theyre confident theyll get a return on the investment.
"We have known the demand for mid-scale solar investment was growing in the U.S and its clear the boom has in fact already begun, Nathan Homan, executive director of Wiser Capital said in a statement.
The survey also looked at potential reasons why firms wouldnt invest in solar. It found that lack of policy and industry standardization, as well as uncertainty about policies such as net metering in some states, was the main reason, with about 46 percent of investors citing that as a reason they might hold back from a solar investment.
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