These three companies recommend UBS for purchase

Dusseldorf Shares in companies from the solar industry, such as SMA Solar in Germany, are booming. The analysts at the Swiss bank UBS see the reason for this in the falling costs of the industry. Within a decade, these had fallen from five million dollars per megawatt to less than 0.5 million when a solar system was built.

“The cost of developing solar energy has become so competitive that it is growing rapidly around the world,” writes UBS analyst Bosco Ojeda in a recent study he co-wrote with six other colleagues. According to the International Energy Agency (IEA), installed photovoltaic capacity worldwide increased by 25 percent in 2022.

UBS has examined which companies in the solar energy sector it sees as having the greatest potential. She is particularly bullish on three stocks in the US, which could benefit from the US Inflation Reduction Act (IRA). The investment law is intended to counteract high inflation and promote climate protection.