Renewable Energy Stocks
Renewable energy stocks are companies that provide energy from renewable sources. This broad category encompasses many types of green energy and clean technology, including solar and wind power and geothermal heat. It also includes the fast-growing electric vehicle (EV) sector. These stocks are popular among impact investors who have created clean tech-focused ETFs. Some of the sector’s most popular names include NextEra Energy, Ormat Technologies, and Tesla, which deals in battery storage and solar energy as well as EVs. The industry has significant potential as the need for renewable energy will only grow.
With climate change and geopolitical dynamics forcing a major rethink, the paradigm shift bodes well for clean energy stocks to buy.
Hydrogen stocks could be some of the most explosive stories of 2023. So, here are seven such companies investors may want to own now.