Coal is dead.
At least here in the U.S., where a combination of low-cost renewables, cheap natural gas, and increased regulatory scrutiny has crippled King Coal to the point where soon, it’ll be about as relevant to our energy economy as whale oil and Irish peat.
In Asia, however, the data has long indicated that coal will continue to be an integral part of that continent’s energy economy. Mostly because of its cost advantages over natural gas and renewables.
But that may change soon.
According to a new report from Wood Mackenzie, in 2023, renewable energy costs in Asia were 13% cheaper than coal and are now expected to be 32% cheaper in just six years.
The biggest cost reductions came from the solar space, which clocked in at 23%. And with that, utility-scale solar power is now the cheapest source of power in 11 of the 15 Asia Pacific region countries.
Moving forward, new solar projects are expected to fall another 20%, too.
Some of this is the result of oversupply from China. This isn’t particularly great news for component manufacturers, but excellent news for project developers.
For those of you who took my advice and signed up for those solar power royalties I told you about last year, this is only going to increase the value of some of those royalty payments. Which, quite frankly, are already pretty impressive.
If you’re new to Energy & Capital and this is the first time you’re hearing about solar power royalties, let me bring you up to speed. Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Private solar royalties are monthly cash dividends you can earn from various solar projects across the globe.
It’s pretty simple, actually.
You see, there’s a special portal where some of the wealthiest investors in the world, such as Elon Musk, Jeff Bezos, and Warren Buffett, can log on, choose from a variety of different solar projects, invest in one or more of them, and then immediately begin earning monthly cash payments.
And these are not trivial payments.
We’re talking regular double-digit internal rates of return.
In fact, there’s one private solar royalty deal that has been estimated to earn $953 on every $100 invested.
So if you put in just $100 a month, your estimated royalties could eventually come to $98,325.
That’s nearly $100,000 all starting with just $100.
Or maybe you have more than $100 to invest in these private solar royalty deals.
Maybe you want to go in for $1,000 a month.
That could eventually give you an estimated $983,255 in profits.
That’s nearly $1 million all starting with just $1,000.
Looking at these numbers, it’s easy to see why billionaires love royalty deals like these. But you don’t have to be a billionaire to get some of this action for yourself.
That’s why I put together this short report that shows you how you can access your own private solar royalty payments starting today.
You don’t need a brokerage account either, and you don’t have to jump through a bunch of hoops. Everything is done through a special online portal, which you can read about here.
Simply put, this is probably the easiest and safest way to earn steady income without having to already be a millionaire. And if you don’t believe it, just look at the numbers for yourself.
To a new way of life and a new generation of wealth… Jeff Siegel
@JeffSiegel on Twitter
Check us out on YouTube!Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
