The global transition toward clean energy may take decades to complete, which is great for early investors who see the current ground-floor opportunity.
Fortunately for us, renewable energy stocks also seem to have influential friends…
President Biden announced that his plans include investing $2 trillion in clean-energy initiatives over the next four years. He’s even hoping to make America a net-zero-emissions country by 2050.
With that in mind, here's a look at why the following companies topped our list of renewable energy stocks to buy right now.
Our Pick: First Solar (NASDAQ:FSLR)
First Solar is leading the path in developing thin-film solar panels.
They deliver a levelized cost of energy that is cost competitive with fossil fuels. First Solar technology delivers power during peak energy use smoothing costs for energy consumers against fuel-price volatility.
With the strongest financial stability in the industry, the use of their technology in debt-financed projects is unparalleled.
Their bankable energy solutions provide access to capital and low-cost financing from leading utilities and energy investors. This provides investors with more growth potential as they expand their manufacturing capacity to meet sky-rocketing demand.
Our Pick: NextEra Energy (NYSE:NEE)
NextEra Energy, Inc. is an American energy company with about 46 gigawatts of generating capacity. The company boasts itself as the world's largest generator of wind and solar renewable power and have become the largest electric utility holding company by market capitalization.
They’re also among America's largest capital investors in infrastructure, and are planning to invest between $50 and $55 billion through 2022.
Being recognized among the “top 25 in the world for innovation,” according to Fortune magazine, this company offers a great dividend and large growth potential as an industry leader for years to come.
Our Pick: TPI Composites (NASDAQ: TPIC)
TPI Composites is the largest independent composite wind-blade manufacturer in the world and some of their customers are General Electric, Siemens Gamesa, and Nordex.
They leverage their advanced composite technology and innovation to supply unique, high-strength, lightweight and durable composite product solutions to the transportation market, including passenger automotive, bus, truck, and delivery vehicle applications. This makes them a top-player in the industry.
The wind blades that they manufacture support the decarbonization of energy production, provide significant reductions in greenhouse gas (GHG) emissions, and help mitigate climate change.
Diving into revenue, their net sales were up 23.5% year-over-year in Q3 of 2020, and with extended supply agreements with multiple companies, 2021 is looking pretty promising.
Featured Pick (Trades for $8): AI Cracks Open Largest Untapped Energy Reserve on Earth
This orb represents the largest untapped energy source in the world…
And although this energy resource is unknown by 99% of the public…
It makes gas, coal, oil, wind, hydropower, solar, fusion…
It makes them all look small fry…
In fact, just one year of this untapped resource in the USA alone provides 5X as much power as the largest oil field on Earth…
And this resource is about to be unleashed on the world like never before with the help of one tiny Silicon Valley company…
You see, they've discovered how to use artificial intelligence to crack open this untapped resource … making it available at scale for the entire globe…
This breakthrough means this tiny Silicon Valley company is sitting on a trillion-dollar energy reserve…
And their revenues are exploding as a result…
Yet they're just getting started…
Which means I believe the growth ahead could be staggering…
If you'd like the chance to get in early with the smart money – click here to watch a free presentation where I reveal all the details of this lucrative opportunity…
Bonus Pick: Cathie Wood's $3,000 Prediction
It's been just a few weeks since the big tech showcase CES 2022 wrapped up in Las Vegas and during the festivities, Elon showcased one of his many projects…
It wasn't TESLA … or SpaceX either.
It wasn't even some crazy new technology.
During CES he showed off his underground tunnel system the “Vegas Loop”…. In fact he even provided transportation to attendees by deploying 70 Teslas in the tunnel.
But as cool as underground tunnels are… this ISN'T the most exciting thing Elon is working on.
In this video, market analyst Tim Bohen explains a new technology dubbed “Project X” that Elon has been working on.
And how this has the potential to be a massive opportunity for traders.
In fact… top investor Cathie Wood predicts this might even drive shares to over $3,000!
>>> CLICK HERE TO SEE PROJECT X <<<
