Estimates regarding the growth of the solar lighting systems markets are continuing to grow with revisions. The most recent estimates have the global market for solar lighting systems estimated to reach US$11.2B by 2026, growing at a CAGR of 13% from the current market value of US$6.7B.
Clear Blue Technologies (TSXV: CBLU) is one of the Canadian companies on my radar right now. The company is poised to capitalize on a lot of the demand for solar lighting solutions in developed nations, as well as other off-grid power solutions specifically in developing nations.
Clear Blue has already been selected as a preferred off-grid power solutions partner by both YahClick, and iSAT Africa; two key companies in providing satellite service solutions throughout Africa and the Middle East.
There’s a lot of opportunity on the table for $CBLU right now, and the company’s shares reflect this. $CBLU.v is currently trading at multi-year lows since falling from highs of $.75 in early 2021. With share prices continuing to fall while the company’s opportunities look more optimistic than ever, these low prices are very enticing.
$CBLU.v is currently trading at $.19 and is valued at $12.27M
https://finance.yahoo.com/news/global-solar-lighting-systems-market-153500832.html