The nuclear industry's woes are great news for solar stocks

Until recently, many people were predicting a renaissance for nuclear power. Japan's Fukushima disaster has put paid to that. The only credible option for the future, says Paul Hill, is solar power. Here, he looks at the prospects for the industry.

Japan's Fukushima nuclear plant disaster has slipped from the headlines, but fears over the state of the reactors remain. Only time will tell how much damage is eventually done.

But the political repercussions are already becoming clear. In Germany, hundreds of thousands of protesters have taken to the streets holding placards that read: "Atomkraft Nein Danke!". Angela Merkel's government has shut down seven nuclear plants for safety screening. China has also scaled back its nuclear plans.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.