Solar Stocks look at promising future
A number of solar stocks is up after expectations are high.

At the end of last year, the US was well on its way to installing 19 gigawatts of new solar capacity by 2020 - a new record. That comes from a study by Wood Mackenzie and the Solar Energy Industries Association. This record is set to be exceeded in 2021 if the messages of the new rulers in Washington DC are believed. A similar pace will be observed in the EU. The underlying factors include supportive policies in the world's major markets, the greening of power grids and a tsunami of capital earmarked for the upcoming energy transition. With that in mind, let's take a look at some of the most interesting names in solar energy, including: Solaredge Technologies Inc (NASDAQ: SEDG), Green Stream Holdings Inc (OTCMKTS: GSFI), and SunPower Corporation (NASDAQ: SPWR). Solaredge Technologies Inc (NASDAQ: SEDG) touts itself as a global leader in intelligent energy technology. Using world-class engineering skills and with a relentless focus on innovation, SolarEdge creates intelligent energy solutions that power our lives and drive future progress. SolarEdge has developed an intelligent inverter solution that has changed the way energy is generated and managed in photovoltaic (PV) systems. SolarEdge's DC Optimized Inverter aims to maximize power generation while reducing the cost of energy generated by the PV system. SolarEdge continues to drive the development of smart energy and addresses a wide range of energy market segments with its solutions for PV, storage, EV charging stations, batteries, UPS, electric vehicle drives and grid services. Solaredge Technologies Inc. (NASDAQ: SEDG) today announced the appointment of Yogev Barak as Chief Marketing Officer of SolarEdge and the appointment of SehWoong Jeong as Chief Executive Officer of subsidiary Kokam. "I am excited to have Yogev and SehWoong join our leadership team and I am confident that the leadership skills and industry experience they bring will help us grow in the solar market and in the new segments we are targeting," said Zvi Lando, CEO of SolarEdge Technologies, Inc. And the stock has done well for the past few days, up about 6% in that time. Last month, the stock suffered significant selling pressure and fell around -10%. Solaredge Technologies Inc. (NASDAQ: SEDG) achieved total sales of $ 338.1 million in the most recently published quarterly figures, which corresponds to a growth rate of -17.6% compared to the same period last year. In addition, the company has a strong balance sheet, with cash well in excess of current liabilities ($ 1.2 billion versus $ 382.5 million). Green Stream Holdings Inc. (OTCMKTS: GSFI) has next-generation solar greenhouses built and managed by Green Rain Solar, LLC, a Nevada-based division. It uses its own greenhouse technology and a trademarked design, which was developed by the world-famous architect Antony Morali. The company is currently targeting high-growth solar market segments for its advanced solar greenhouses and advanced solar battery products. The company sees "a new era for renewable energy and its solar supply / funding model as shares rise in the run-up to Joe Biden's inauguration as the 46th President of the United States," the latest news release said. Green Stream Holdings Inc. (OTCMKTS: GSFI) recently announced the appointment of James C. DiPrima as the company's new chief executive officer. Mr. James C. DiPrima holds a BS in Business Administration from Creighton University in Omaha, Nebraska. His professional career spanned 40 years in finance and accounting in both the public and private sectors, starting with Deloitte & Touche. "I look forward to expanding the existing opportunities that Green Streams offer innovative solutions to the east coast commercial solar energy market. There is unlimited potential in this renewable energy segment," said James C. DePrima, CEO. The GSFI share has soared in the past six weeks, breaking above the 200-day MA of the share and closing the last week with a sharp rise. Overall, stocks have risen more than 500% since the holidays, with momentum picking up in recent trading as the sector gains interest.





