Solar Storage The Superstar

1 Solar Storage SuperstarTheGrab Big Profits on This Innovative Company Now1IN 2014, I set a new course for my life. I was burned out from almost 20 years as a bustling trader in New York City. I realized that the markets and my other entrepreneurial endeavors were taking a toll on my physical and mental health. I needed a break and somewhere to recharge my batteries. It was time for something different. Rather than doing what every other 30-something does and move to the suburbs, I decided to transfer most of my belongings to a Storage facility and move to Nicaragua. I landed with just my necessities, beachwear and surfboards (and enough surfboard wax to last me a year).

2 This wasn t one of those adventures where you spin a globe and book a flight. Prior to this new quest, I had visited Nicaragua annually for several years. As a result, I was deeply familiar with the Central American country. From each of my visits, I witnessed unbelievable growth. The communist grip on private enterprise was loosening, and the economy was growing due to increased tourism. It was more visible with every passing year. The dirt roads were paved, local businesses thrived, and Nicaraguans moved out of subsistence farming and into the working class. On top of that, the natural beauty of the country was breathtaking.

3 My view of the desolate Central American beach looked like a computer screen saver. My mornings were spent reading about markets, taking online economics courses and writing a blog about money and markets. My afternoons were spent surfing and fishing. (Or vice versa, depending on the tide.)Life was bliss except for one major issue: rolling blackouts. Efficient electricity is an ongoing problem faced by most of the developing world. In Nicaragua, the electrical grid was built (and is still maintained) by the Communist Party of Nicaragua. Due to strong economic growth, the country s demand for energy is growing faster than the government s ability to supply it.

4 Often, power goes out for a few minutes or even a full week. The internet shuts down, restaurants close for a few days and tourists are forced to drink warm To a (the national beer). When you don t have power for a week, you find out whether you can live without air-conditioning and Wi-Fi. (Personally, I would rather have Wi-Fi.)Advances in Solar and wind energy systems are helping countries like Nicaragua. Yet, it s not always sunny and windy, so customers still have to rely on the antiquated communist grid for most electricity needs. But a big development is happening in the energy coming revolution will have massive implications on how we collect, store and use energy.

5 This energy market transformation will also bring investors untold wealth as we enter into this new phase of off-the-grid Solar Storage Superstar : Grab Big Profits on This Tiny Company NowBy Ian King, Editor of Strategic Fortunes2 When Tech Worlds CollideIn Strategic Fortunes, I prefer to stick with a winning investment theme. I find that following the biggest trends of our time is the best way to locate big winners in the stock market. If you ve been paying attention, you might have already caught call it technological convergence. It happens when two or more technologies collide and change everything.

6 When you spot this convergence before the crowd, that s where the big money is. It creates the potential for explosive upside moves as investors reprice the the case of a device that nobody owned 16 years ago, but now we can t live without: the smartphone. When they first launched, downloading a webpage took forever. It was impossible to run any apps that required internet. But then 3G and smartphone chips arrived. Faster wireless speeds enabled video playback, GPS navigation and media sharing all on a computer that fits in your hand. It was the convergence of fast wireless networks and the proliferation of smartphones that enabled the growth of multibillion-dollar companies such as Uber, Snapchat and Instagram.

7 It also facilitated a 279% growth in e-commerce from its debut in June 2007 to 2019, as consumers can order anytime, anywhere. Without the smartphone, FAANG (Facebook, Apple, Amazon, Netflix and Google) would not have returned over 200% between 2016 and 2020, crushing the S&P 500 Index s 47% return over the same time period. The smartphone directly impacted all of them. And now, the average American spends hours per day on their mobile phone that s one-third of our waking hours on something that didn t exist 16 years ago. All of this happened from the collision of smaller, faster chips in phones and increased wireless speeds.

8 But smartphones aren t the only product of converging Big Tech trends. My four-step strategy has pinpointed a company that is leading a new Future Is Looking 240 Gigawatts Brighter Wright s Law is the rule that progress increases with experience. The more a product is manufactured, the less expensive it is to make it over s Law applies to the plummeting cost of the lithium-ion electric vehicle battery which is expected to drop 34% by 2026 from today s prices. This cost savings is leading to a lithium-ion battery bonanza, unleashing an electric vehicle future and creating a windfall of profits for electric vehicle makers such as the disruption from this electric battery bonanza won t stop with the auto industry.

9 As Wright s Law leads to cheaper batteries, this technology will have a big impact on the energy industry as well. In the same way that updated computer chips led to the smartphone era, improved batteries will change how we collect, store and use the energy needed to power our houses and businesses. It s going to make renewable energy much more efficient. The same battery technology that powers our phones and cars will be everywhere. And these developments in battery technology are converging with another tech innovation: the rise of low-cost Solar energy. According to my calculations, given the declining costs of Solar and Storage , we are only a few decades away from a future where every home produces and stores its own energy.

10 We ll wonder why we ever relied on corporate-controlled grids to power our lives. (This would have saved me sleepless nights without air-conditioning in Nicaragua.) 3In the past decade, total global Solar photovoltaic (PV) capacity grew 13 times from 70 gigawatts (GW) to 940 GW. With steady consumption, one GW is enough to power 725,000 homes. Yet Solar accounts for only a small fraction of the world s energy use. But this is rapidly changing. Just in the United States, the Solar Energy Industries Association projects that installed PV capacity will more than double in the next five years. Credit Suisse reports increasing demand for Solar installations in the Middle East, Europe and Latin America.