5 Year Projection: Here Comes The Sun?
By Jessica King Holden:On Tuesday the sun had, well, its day in the sun, for lack of a better phrase. Many woke to news of a solar eruption reported, though we on earth were told not to be concerned about any apocalyptic Hollywood type scenarios. Later in the day, the IBISWorld study of the fastest growing industries was released with our star playing a key role in two of the top sectors. On opposite ends of the astral spectrum, IBISWorld highlighted two industries that have a sunny outlook: Solar Panel Manufacturing and Self-Tanning Products.
Solar Panel Manufacturing Expected To Rise
First Solar, Inc. (FSLR) released news Tuesday of its impending layoffs amid a downturn in demand highlighting the recent slide in the sector. A slowdown in subsidies and government initiatives globally coupled with the ever-stingy oil stronghold, have left speculative investors sour on the sector. Despite negative news, IBIS released its projection thatComplete Story »