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However, this correction is a buying opportunity for investors looking to take advantage of this fast growing industry. The global solar market is expected to reach $223.3 billion by 2026, growing at a CAGR of 20.5%, the electric vehicle (EV) market expected to grow at a CAGR of 21.1% by 2030, and the critical power and cooling market will grow at a CAGR of 8.88% through 2021.
With this in mind, today I’m going to analyze three clean energy stocks currently trading under $10 a share: VivoPower International (VVPR), SPI Energy (SPI), and Ocean Power Technologies (OPTT).