Renewable energy stocks are gaining popularity among investors looking to protect their investment portfolios in fast-changing circumstances. The current economic sanctions affect the prices of fossil fuels such as oil and natural gas. Moving into alternative energy sources could help become more independent, avoid a drastic price increase in energy resources and replace it with a more sustainable and nature-friendly option. You’ll find companies directly involved in this sector in the alternative energy stocks list below. If you’re ready to invest, we’ll also look at how to buy renewable energy stocks.
Why invest in renewable energy in 2022?
Due to economic factors, global warming and instability in the energy sector, renewable energy companies have a high potential to grow their revenues and increase shareholder value in 2022 and the coming years. The world is changing, and electricity is taking over; hence alternative source sector may also grow. You can look at the lists of renewable energy stocks based on specific categories below. The list includes the two most popular renewable energy company categories:
Renewable or alternative energy
When talking about “renewable energy”, often people ask whether it’s the same as “alternative energy”? In short, renewable energy is another name used to denote electricity derived from alternative energy sources such as wind, sun, rain, hydroelectricity, geothermal power, etc.
How to buy renewable energy stocks?
To invest in renewable energy stocks, you need an account with a stockbroker. Once you have opened an account with a broker and deposited the funds you want to invest, you can look at the stocks below to choose the most suitable.
The shares on the lists below are available on the eToro investment platform.
|Assets||2,500+ stocks and 100+ ETFs|
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Solar power generation
Solar power is commonly used to refer to electricity generation from sunlight. Solar panels are placed in direct contact with the sun, making sunlight flow backwards and producing electrical power.
Solar energy stocks list – 22 Companies
Here you can see a list of the most popular solar energy companies from NASDAQ, NYSE, OSL, GER and HKG exchanges.
|4||Ballard Power Systems||BLDP||NASDAQ|
|8||Sunnova Energy International Inc||NOVA||NYSE|
|11||Xinyi Solar Hldgs||0968.HK||HKG|
|17||Daqo New Energy||DQ||NYSE|
|20||Algonquin Power & Utilities Corp.||AQN||NYSE|
|21||NextEra Energy Partners||NEP||NYSE|
Wind power generation
This type of electric power is widely collected in power plants on land or offshore. Over time, it has become easier to transform this energy into renewable energy, which brings great potential for investment opportunities in renewable energy company stocks.
Wind power producers and installers focus on growing their business by entering specific markets. Wind power production is one of the most cost-efficient sources of electricity, making this kind of electrical energy highly attractive to investors. Wind turbines in New Zealand and Australia offshore wind farms can produce 7% of their electricity. Therefore, wind power is becoming an essential part of wind farm development.
The top wind turbine companies are:
- GE Appliances
Due to greater efficiency than other forms of wind power, wind farms can generate large quantities with relatively low costs. For example, a wind farm near Cape Cod could produce up to 600 MW of wind in 12 hours. A key benefit of wind is that wind turbines can produce clean, green hydrogen without pollution when burned in a fuel cell. It also makes enough carbon dioxide to keep cities cool in winter while ensuring the safety of people during stormy weather conditions.
While wind power remains popular because it is a clean source of electricity, it is also tough to build windmills. There is still a long road ahead in the wind industry because the wind isn’t always in the right place for wind turbines to generate enough wind. Nevertheless, one advantage to wind-powered power is that it isn’t expensive to build wind turbines. Overall, wind power is still a promising growth area for investors looking to profit.
Wind energy stocks list – 7 Companies
Should I invest in renewable energy stocks?
Although there are some concerns over using fossil fuels as a major source of electricity because of global warming, the U.S. Energy Information Administration estimates that wind, water, and hydroelectric power will account for nearly 60% of all electricity generated by 2050.
A new survey released by DNV GL suggests that wind is projected to become the leading source of electricity generation by 2024. However, wind turbines are not expected to replace coal-related electricity completely. Still, they should be able to provide more power, which increases the likelihood of meeting increased demand.
According to Frost & Sullivan, the wind power market was estimated at $35 billion in 2016 and will reach $110 billion by 2025. According to RBC Capital Markets, the wind turbine market is currently worth $3 billion and will continue to grow.
These factors will result in higher sales and earnings expectations and investors’ overall positive financial outlook.
When you invest in renewable energy companies, you’re helping to fight global warming and reduce pollution. Alternative energy sources help reduce emissions, create jobs, and fight global warming. Meanwhile, generate an excellent yield from your investments.
There are multiple publicly-traded German renewable energy stocks, but the most known are Encavis (ECV.DE) and Nordex (NDX1.DE). You can look at other publicly-traded renewable energy company stocks in the alternative energy stocks list.