The world of stocks is now revamping with each day, as new sectors emerge to dominate the leading financial regime. The times are currently supporting the AI narrative, with tech stocks soaring and surging to a new high. As the sector continues to evolve, a new stock sector is now on the verge of spiking, with Elon Musk’s approval making it a heavy deal to consider at the moment. What is this sector, and how might it spark rallies ahead? Let’s find out.
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Musk’s New Seal of Approval
Elon Musk, known for his unique opinions, has now once again shared new information, the kind that is capable of changing one’s point of view. Musk took to X to share details of a new rising sector, a domain that could change the world of electricity as we speak. Musk reposted Katie Miller’s post on solar power by adding his own quote on X, stating how solar power may be the new future of electricity, dominating the future of electricity holistically, sparking a new debate on X about whether the sector truly deserves all the attention.
“Solar will utterly dominate future electricity production.”
Miller’s post on X discussed the pros of solar power and how it may become the new dominant source of power for the US.
“Solar is now the dominant source of new US power capacity and is on track to surpass coal. In total installed capacity before the end of 2026. 70 GW of new solar capacity is scheduled to come online in 2026–2027. A 49% increase in operating solar capacity from the end of 2025.”
Solar-Centric Stocks To Soar?
Per the latest report by Benzinga, the demand for solar and clean power stocks has been surging, as the world continues to pivot towards sustainability as its new inspiration to work with. In the middle of this, stocks of firms like Clearway Energy Group are soaring to new highs, as the sector is bound to gain prominence in the near future. In addition to this, the US is now adding 63 GW of power capacity, all of which is based on solar and BESS. This denotes the rising inclination towards solar-based assets, with companies involved in solar energy products gaining prominence in the future.
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