The Power of Solar
From The Silver Stock Investor | August 2023
Last month my article delved into how solar panels work, why they need silver, and why they are going to need a whole lot more of it for years and decades to come.
Naturally, silver’s properties as the most reflective element, and the most conductive for heat and electricity, make it uniquely suited for solar panels.
In this article, I’m going to look at some recent research that shows how I’ve reached my conclusions about the insatiable demand for silver from solar.
The International Energy Agency’s recently published annual report on global energy investment is eye-opening. They add up how much is spent, by whom and on what. And last year, there was about $2.8 trillion of investments into the energy sector, of which $1.7 trillion went to clean energy.
That’s the most…ever.
This is largely being driven by policy. Governments around the world are setting low emissions targets in a bid to shore up energy security and move to renewable and cleaner fuels. That means really big money is being funneled into solar, amongst other technologies.
But here’s where it gets exceptionally interesting…for silver.
2023 is expected to see solar investment surpass oil production investment. Yes,
…
