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Several utility companies are shifting towards renewable energy solutions and are seeking out proposals to build infrastructure and invest heavily in this sector to benefit from economies of scale. A report from Fortune Business Insights has forecast the global solar power market size to rise from $163.7 billion in 2019 to $195 billion in 2027, indicating an annual growth rate of 5.9%.
Keeping these factors in mind, today I’m going to analyze two solar stocks, Enphase Energy (ENPH) and SolarEdge (SEDG), to determine which is the better investment right now.
