Stephen Derkash - Solar's Exponential Growth, the US-China Race & Stocks with Bright Potential
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Today, Stephen Derkash, Senior Advisor at EQM Indexes and HANetf’s partner on the Solar Energy UCITS ETF [TANN], joins us to explore the explosive growth of the solar industry and its potential to transform the global energy landscape.
In this episode, Stephen highlights how the solar industry has grown from virtually nothing a decade ago to now accounting for about 4% of global electricity production and discusses the driving forces behind this growth, including dramatic cost reductions and supportive policies from major regions such as China, the EU, and North America. We also cover the bottlenecks faced by the sector, such as intermittency issues and grid integration. Looking ahead, Stephen shares exciting projections for the future, indicating that solar is just at the beginning of an upward trajectory. Lastly, we dive into the TANN Solar ETF, which tracks the EQM Global Solar Energy Index, and we outline some of the key players in the industry.
Previously, Stephen has worked as a Portfolio Manager at Millennium Management, a $40 billion hedge fund, and at UBS Asset Management. He is the Founder of BlueRunner Global Advisors, a boutique investment advisory firm focused on emerging markets equity investing. Before Millennium and UBS, Stephen worked with Nicholas-Applegate Capital Management in sell-side research with a leading European bank in Brazil and on the emerging markets investment banking team at Lehman Brothers in New York. Enjoy!
Learn more about TANN: https://www.hanetf.com/product/18/fund/solar-energy-ucits-etf-acc
Twitter: @OptoThemes @EQMIndexes
Thanks to Cofruition for consulting on and producing the podcast. Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter
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