Solar Energy Market on the Rise Globally

 

Alexander Christodoulakis
Alexander Christodoulakis

International financier and business executive Alexander Christodoulakis oversees a number of business ventures, including the PBS SA Capital Group, which offers financial solutions in the marine and financial sectors.

Alexander’s Portland Energy Corp. in recent years managed one of the world’s largest Cleantech portfolio’s, mainly comprising of Solar and Wind portfolios under management.

The solar energy market has soared globally in recent years. In the United States, for example, the industry has seen an increasing number of records set. Production costs of solar panels and the appeal of an alternative energy source have contributed to this growth.

Analysts predict that other markets, including China and India, will likely experience surges similar to the one in the U.S. In addition, a number of Latin American countries are anticipated to pursue investments in solar energy.

With all of these nations on board, solar could account for as much as 35 percent of the infrastructure projects completed around the world by 2040. This would represent a financial commitment of more than $3.7 trillion, making solar energy one of the top industries moving forward.

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