Clean energy stocks are stocks of companies that generate and supply energy through renewable and clean resources. The clean energy industry and stocks have seen an uplift in recent years with worldwide initiatives towards clean and alternative sources of energy.
The world’s population is growing, leading to a higher demand for energy. The energy trends have changed in the past decades, shifting towards renewable and clean energy. The demand for products that use clean energy, like electric cars, has grown. The shift in trends has largely benefitted clean energy stocks. Energy stocks have always been reliable avenues of investment, with clean energy stocks becoming more stable with time.
Ticker | Company Name | Last Price | 1-Year Return | Market Cap |
|---|---|---|---|---|
| ENPH | Enphase Energy | $69.66 | -40.74% | 9.4B |
| REGI | Renewable Energy Group | #N/A | #N/A | #N/A |
| TPIC | TPI Composites | $1.64 | -53.14% | 78.0M |
| MKSI | MKS Instruments | $111.16 | 7.17% | 7.5B |
| BWXT | BWX Technologies | $114.53 | 46.63% | 10.5B |
| FSLR | First Solar | $191.13 | 17.74% | 20.5B |
| CZZ | Cosan | $0.04 | #N/A | 1.4M |
| NEE | NextEra Energy | $70.66 | 13.46% | 145.3B |
| NEP | NextEra Energy Partners | $18.26 | -38.12% | 1.7B |
| SPWR | SunPower | #N/A | #N/A | #N/A |
| ORA | Ormat Technologies | $68.56 | -4.06% | 4.1B |
| EVA | Enviva | $0.13 | -61.76% | 10.2M |
| RUN | Sunrun | $10.75 | -34.09% | 2.4B |
| XEL | Xcel Energy | $66.39 | 5.85% | 38.1B |
| AQN | Algonquin Power & Utilities Corp | $4.47 | -32.27% | 4.8B |
| AMRC | Ameresco | $27.10 | 1.23% | 1.4B |
| BAM | Brookfield Asset Management | $55.71 | 41.79% | 32.9B |
| TSLA | Tesla | $394.94 | 68.82% | 1237.5B |
| BEP | Brookfield Renewable Partners | $22.63 | -16.62% | 9.3B |
| SEDG | SolarEdge Technologies | $14.99 | -81.50% | 868.7M |
| AY | Atlantica Yield | #N/A | #N/A | #N/A |
| GPP | Green Plains Partners | #N/A | #N/A | #N/A |
| CLNE | Clean Energy Fuels Corp | $3.01 | -11.99% | 672.6M |
| CSIQ | Canadian Solar | $12.74 | -45.93% | 843.1M |
Examples of Clean Energy Stocks
Clean energy stocks have become increasingly attractive investments for many investors in recent years. As the world moves away from fossil fuels, clean energy sources such as solar, wind, and hydropower are becoming increasingly important.
The clean energy industry is growing rapidly and is expected to be worth more than $2.5 trillion by 2040. This growth has been driven by increasing demand for clean energy sources and technological advancements that have made clean energy sources more cost-effective.
Investors who are interested in investing in clean energy stocks should be aware of the risks and potential rewards associated with clean energy stocks. Clean energy stocks may be volatile, and their prices can fluctuate based on the performance of the underlying companies. Additionally, the sector is still young, and there is a lot of uncertainty surrounding the future of clean energy.
Despite the risks involved, there are some clean energy stocks that may be worth investing in. Here are some of the best clean energy stocks:
- Tesla (TSLA): Tesla is the leading electric vehicle manufacturer in the world. It has invested heavily in clean energy sources, such as solar and wind power, in order to power its vehicles.
- NextEra Energy (NEE): NextEra Energy is one of the largest clean energy companies in the U.S. The company is a major producer of wind and solar energy and is also involved in energy storage and electric vehicle charging.
- First Solar (FSLR): First Solar is a leader in the solar energy industry. The company manufactures and sells photovoltaic solar panels and other solar energy products.
- Brookfield Renewable Partners (BEP): Brookfield Renewable Partners is a leading renewable energy company. The company owns and operates a variety of clean energy sources, including hydroelectric, solar, and wind power.
- SunPower (SPWR): SunPower is a leading provider of solar energy solutions. The company designs, manufactures, and sells solar panels and other solar energy products.
These are just a few of the top clean energy stocks that investors should consider (check the table above for more examples). Investing in these stocks can be a great way to capitalize on the growth of the clean energy industry. However, investors should always do their own research and be aware of the risks associated with investing in any stock.
Factors to Consider Before Investing in Clean Energy Stocks
Clean energy stocks are heavily influenced by government regulations and policies. Clean and renewable energy resources are here to stay. Yet, investors must consider the fundamental strengths of clean energy companies and their ability to survive competition and barriers before investing in clean energy stocks.
Investors must be aware of the energy resources used by the company, technology used, and the various laws and regulations surrounding the technology and energy sources. Additionally, investors must also consider the capitalization of clean energy companies and stocks as developing and exploring clean energy is an expensive process. The basic financial health, including net income, profitability, and earnings growth, should also be considered before investing in clean energy stocks.
Which Clean Energy Stocks Should I Buy?
Many new companies are entering the clean energy space, creating more clean energy stocks and energy ETFs. Of all the prominent clean energy stocks, we have shortlisted the best clean energy stocks that offer opportunities for high returns and a robust future.
The clean energy stocks include stocks of companies using solar, wind, nuclear, hydroelectric, and natural gas to replace the non-renewable sources of energy. Investors must invest in global companies with high market capitalization to ensure solid long-term returns and regular short-term income.
