 Good day fellow investors. Now the solar industry is perhaps something that will displace the way we use energy we produce, distribute and use energy in the world over the next perhaps decades, definitely two decades. So as investors we want to see what's going on in the trend, carefully analyze investment opportunities and see whether there is something that we can take advantage of, even if it's a very very tricky environment. So today I will share with you my overview of the market, the trends, what's going on, what can happen and what can be the risk and reward. At the end I'll share with you 38 stocks in the sector that you might want to dig in deeper. And that's what I'm doing. I'm looking at all the stocks to see what what are the best investment opportunities. If you want to read this you can find it all at the Svenkalin research platform. It is free for preview. So if you like the analysis you might want to dig into the platform. The solar industry overview and outlook. Clean energy sector have been growing, have been really stable over the last five eight years, but you have to keep in mind that the price of solar panels has dropped 80% since then. So with stable prices the investments would be much much higher and as prices keep dropping we might see a continuation of high high investments that are switching the way we produce energy. The cost has fallen 80% for solar in the last eight years and a little bit less for wind. Nevertheless, as the costs are declining it's becoming more and more competitive with all other energy sources. The solar trend is strong, has been strong over the last seven eight years, but it's getting stronger and I see more and more solar panels installed everywhere. So I'm really interested in that trend. However on the investment side there have been many cycles in the solar industry. A boom 2007 2008 then the bust, then again a boom 1011. Remember oil prices were again high, then a bust, then we had another boom in 2015, then down 2017 and now we have another boom. So this is a cyclicality that might continue, but you never know whether the boom will go as high as it went in 2007 eight. So trend investors, swing investors might really want to take advantage of the sector. The long-term trend for solar and wind energy are very very positive. Everything is expected to be stable or even declining, but solar and wind are really expected to explode over the long term. And Bloomberg New Energy Finance says that renewable energy sources are set to represent almost three quarters of the 10.2 trillion the world will invest in new power generating technology until 2040. So that's a big big investment and let's see if there are any investment opportunities. By 2021 solar energy will be cheaper than coal in China, India, Mexico, UK and it's already as cheap in Germany, Australia, US, Spain and Italy. However there are always scenarios when investing. And I have found this from Solar Power Europe where there is a strong scenario, huge growth for solar, a low scenario and a medium scenario that depends on a lot of things from interest rates, what is the cost of investment, what's the competitive advantage, etc. etc. even for oil prices. So it's not a given that solar will explode in the next few years. If we see a recession, people might postpone investments. So there is a stable scenario, the worst one, so sales as they are now. There is a good scenario growth of about 8 percentage points over the next five years per year. And there is huge growth about 10-14% per year. So in the short term, the development see utilities investing more and more into the solar energy purely on an economic basis because now it pays for them to invest. However there are many many factors there. But first solar CEO sees that except for the key markets, China has been dominating, Europe has been doing strongly and the US. Now more and more emerging markets are entering the field and first solar CEO expects to see now 22 markets with more than one gigawatt is installed in comparison to the current nine markets. So that's huge growth. Solar is really becoming a strong trend that will supply us with an energy over time. Global growth installation is expected to grow, China even is expected to slow down, emerging markets are expected to explode and stability in other markets with the US also growing especially now that California has made it mandatory to have solar roofs from January 1 2020 onwards. Now investing in the industry there is so much there is to invest in. Electric meters, UPSs, inverters, connectors, batteries, panels, whatever, silicon, copper for connection, a lot a lot of potential that can be a lot of potential opportunities that can be taken advantage or that can be also traps. Another trend that is very strong is the battery storage trend as it is the key for the development of solar energy because if not you just produce too much at the wrong time. Solar energy mostly produces at around noon when the sun is the highest but we consume most of that energy in the evening so we have to find a way to store that energy to produce it when it's cheap to produce and use it when it's more expensive. Now it just floods the market and it's extremely cheap so it's not that profitable as more and more renewables come on the market and that's a risk for the solar because people might get cold feet if there is no batteries. So tomorrow we'll discuss the battery trend and how we can perhaps take advantage and invest in that or at least understand the risk reward. Now I'll finish with 38 stocks that you can explore which who is doing what, where is the country, you can find it here, you can read it on my platform, income, find the table if you want so I think it's difficult to do it on a video. The link is below in the description. So thank you for watching, looking forward to your view of the solar trend should we get exposed what's the risk reward as always in the comments. See you in the next video tomorrow about batteries.