Renewable Energy Stocks convened in the first half of 2019 and were very weak in 2018. Pacific Gas & Electric (PCG) in California soon went bankrupt Renewable Energy Stocks were collected.
PG & E is the major buyer for Renewable Energy Stocks and is in partnership with Renewable Energy producers. Most energy purchase agreements have been signed when green energy prices are high.
Patrick Kaser, general manager of Brandywine Global, made some statements about renewable energy.
The most important explanation is that I am sure that the use of Renewable Energy will increase in the future. For this reason, very young, valuable companies can be deceiving.
7 Renewable Energy Stocks
- SunPower Corp. (SPWR)
- Pattern Energy Group (PEGI)
- TerraForm Power (TERP)
- Vestas Wind Systems (VWS.CO)
- First Solar (FSLR)
- Canadian Solar (CSIQ)
- NextEra Energy (NEE)
SunPower Corp. (SPWR)
Angelo Zino, CFRA Research’s shareholder, says that SPWR is the highest chosen among solar companies.
Pattern Energy Group (PEGI)
PEGI is a company that has renewable energy projects and has signed long-term, power-generating agreements with plants to produce wind and solar energy, known as efficiency, for dividend growth.
TerraForm Power (TERP)
Another product, TERP, is capable of producing solar energy globally, including Spain and the US, and the company wants to enter the Asian region.
Vestas Wind Systems (VWS.CO)
Vestas Wind Systems is known as a Danish company that US investors can access through American commodity receipts.
Goldman Sachs expects US utility-scale solar installations to grow at a compound annual growth rate of 41% by 2020, well above other renewable energy market users.
Canadian Solar (CSIQ)
CSIQ manufactures solar modules and also sells large-scale solar systems. Sales volume is quite high.
NextEra Energy (NEE)
NEE is a leading wind and wind turbine producer, and Morgan Stanley analysts are bullish on the company.