- 22 Mar 2021
- Reading time
- 2 minutes
Green energy stocks are fast rising in the world of business, and these companies have somehow garnered both recognition and financing from investors.
What Is Green Energy?
Green energy is energy derived from natural resources like the sun, water, and wind. The idea of using such an alternative form of energy is premised on the promise of it not being harmful to the environment. More investments in the sector have driven up green energy stocks.
Why Green Energy?
Green energy is clean energy. Being derived from the natural resources around us, this source of energy guarantees no release of harmful gases or wastes into the environment, ensuring a clean and safe environment. Unlike fossil fuels. For instance, electric vehicles run on solar-powered batteries instead of fuel which is processed from oil. And the distillation process releases harmful gases into the atmosphere As more people believe in and purchase these vehicles, green energy stocks continue to grow in the stock market.
Sources of Green Energy
Some sources of clean energy include the sun (solar power), wind, water ( hydroelectric power), the earth’s crust (geothermal). These are all harnessed to provide power for all human needs every day. Green energy service companies like Sunpower Corporation, have designed, manufactured, and provided easy ways for people to access these natural sources of energy.
Best Green Energy Stocks
Investors now have options and opportunities to put their money in the best green energy stocks. But how do they choose the best green energy stocks?
This is a list of the 5 best green energy stocks.
• Tesla Inc.
Located in Palo Alto, California produces electric vehicles and solar power. Now sold at $676.88 per share.
• Solaredge Tech.
With headquarters in Isreal, this company promotes the use of solar energy through its products and services. Sold at $285.60 on the stock market.
• Enphase Energy Inc.
Also into solar energy and located in Freemont, California with a market value of $166.31
• Emerson Electric.
Located in Ferguson, Missouri, manufactures products and provides engineering services for a wide range of commercial, industrial, and home needs. Valued at $89.06 per share.
is the U.S's largest residential solar company. Sunsun shares are set to increase due to the impending extension of the solar investment tax credit of 26% for residential and commercial property installations.
Green Energy Stocks 2021.
Energy service companies have witnessed a spike in green energy stocks in 2021 as the world looks towards clean energy. International bodies like the European Union, United Nations, and the International Energy Agency are all looking for ways to fully implement the use of clean energy. Governments worldwide are drafting laws to implement less use of fossil fuels and encourage alternative energy.
As fuel prices rise worldwide, clean energy sources are looked to for help. Some say that apart from protecting the environment, it is also cheap, mobile, and easy to use. Reviews about Overland Solar revealed that the energy company helps campers access electricity for their devices through solar panels they can hang or screw to their tents.
Also, from investors’ reviews about SunPower, they believe in the efficacy of photovoltaic batteries in protecting the earth from pollution.
To find the right green energy stocks to invest in do proper research, read reviews, and speak to experts.
More people are investing in green energy service companies hoping to get large returns for their investments. As we try to heal and protect the world through green energy concepts, it is hoped that we also gain through green energy stocks.