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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.
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Although Plug Power has had a rough 2022, an analyst’s bullish coverage initiation is bolstering sentiment for PLUG stock.
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Why Is QuantumScape (QS) Stock Down 7% Today?
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