Paul Mampilly is most well-known for the investment advice that he publishes through Banyan Hill Publishing Company. He has over 25 years of his working experience in investing and has worked on Wall Street is a successful hedge fund manager in the past. Today he spends most of his time creating custom-tailored investment advice for his readers. Paul Mampilly has recently published an article on a potential investment opportunity found within the solar industry. He states that whenever he was a young child in the country of India he was unable to take electricity for granted.
As a result of this, he believes that the prediction that solar energy is set to increase by 65 times within the next 30 years means that this is a great industry to get into if you are looking for large returns on your investment. Paul Mampilly believes that as the world continues to move forward there will only be an ever-increasing demand for electricity and solar power could be the source of electricity that is needed to meet these new demands. Paul Mampilly says that within the next 10 years over 95% people on the entire planet will have access to electricity. This means that we need more power sources as the electricity demand is growing at a very rapid pace and will soon be at an all-time high.
As the demand for electricity grows ever higher there is no better time to begin to expose your investments to this high-growth industry. According to Paul, everybody wants to experience high yield returns and that one industry that is sure to experience them in the near future will be the solar power industry. In particular, one easy way to expose yourself to this market is to invest in the exchange-traded fund that is focused on the global solar exchange Invesco Solar ETF. Over the next several years and months this fund will likely experience large growth due to the increase in the demand for electricity across the business world.