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 $3 Pick: Musk Goes All-In On New Tech ($3 Stock Powers A Revolution)
Crazy New Revelation From Elon Musk
The electric car billionaire is famous for making big bets and bold predictions.
But his NEWEST revelation could be his most shocking one YET.
Why?
Because it involves the future of his own $24.6 billion electric vehicle empire.
And the implications are MASSIVE.
It could affect over 90 million homes and businesses in America over the coming months.
This has nothing to do with lithium batteries, 5G, or the internet of things.
But for investors who act now, the windfall that this power shift is set to produce could be huge.
I’m talking about the potential for banking gains of 850% or more… with just ONE move.
You don’t even need to buy a single share of Tesla’s crazy-expensive stock to profit from it.
Click here for the stunning details.
Bonus Pick: “Tesla Killer” Launches 90,900% Market Surge
I’m here 3,000 miles from home in Long Beach, California.
This industrial suburb looks nothing like Silicon Valley, but recently it’s become the epicenter of an explosive new technology.
One that’s taking the $2.5 trillion electric vehicle market by storm.
It charges in just minutes — not hours. It’s 100% emission-free, costs next to nothing, and involves no fossil fuels. The only thing it emits is pure, clean water.
This is why experts call this technology the “Tesla Killer.”
I came here to try it for myself and see if all these claims were true.
And incredibly enough, the “Tesla Killer” worked better than I imagined.
The car took moments to fill and drove like a dream along the California coast, lasting hundreds of miles.
I’m now certain that no Tesla could possibly compete with it.
That’s why Bloomberg projects it to “skyrocket 1,000 times over.” And best of all…
The tiny, little-known stock behind the “Tesla Killer” trades for just a few bucks.
Don’t wait another moment.
Now you can lock in its shares at a few dollars, instead of around a few hundred dollars like Tesla.
Click here for the full story.
