Solar developers raised over $800M recently. Is there a huge opportunity here?

What would you do with 800 million dollars? Buy some real estate? Invest it in the stock market? Throw it in the closest river?

Nexamp secured $520 million in funding. Origis Energy did the same thing for $317 million. Recurrent Energy secured $120 million. Let’s dive into this.

Why does this matter? Because more financing means more investor interest. More investor interest means more projected future profits. More future profits means more businesses are going to enter the space. More businesses enter the clean energy space means more steps towards a green planet.

Nexamp is a leading solar provider in the United States.

Their fearless leader is Zaid Ahmad Ashai.

I’d look that happy too if I made $500 million dollars.

Zaid pursued his education at Brown, and finished his MBA at Harvard.

Zaid started his career as an analyst working in investment banking and consulting. His career took off when his venture capital firm invested in data companies in the energy space.

He started as the chairman of Nexamp in 2010 and has been the CEO since 2013.

Nexamp has solar farms in 10+ states and will expand to other states due to this financing.

Here’s what Zaid has to say about the new financing round.

Why is so much Investor Money Flowing into Solar Companies?

1. The solar energy business is growing really fast. Experts say the U.S. needs to spend a lot of money, about $1.2 trillion, on solar power by 2050 to help the environment. This big growth potential is attracting a lot of investors.

2. Solar technology is getting better and cheaper. Solar panels are more efficient now, and it costs less to make them. This makes solar energy more affordable and appealing to investors.

3. Governments are helping solar companies. The government is offering incentives and passing laws to support the solar industry. Investors like that the government is helping solar companies succeed.

4. People want more renewable energy. There is a big push around the world to use more clean energy sources like solar power instead of fossil fuels. Investors see this as a good opportunity to make money.

5. Investing in solar companies can be a (somewhat) safe bet. Putting money into different solar companies can help investors reduce their risk.

These companies are on their way to domestic and international dominance.

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