When employed, clean energy refers to any energy created from renewable sources that emit no pollutants into the environment. The government considers solar, wind, hydroelectric, and other renewable energy sources to be clean, green, or alternative. By 2027, the global electric vehicle market is estimated to reach $985.72 billion, with a CAGR of 17.4 percent. Around 17 countries had set zero-emission car objectives for themselves by the middle of 2020, with the goal of achieving them by 2050. In the first quarter of 2021, investment funds with a partial environmental objective had assets of $2 trillion. In addition, two of the country’s largest banks have pledged approximately $4 trillion in climate-related finance over the next decade. Green finance is slowly but steadily gaining traction around the world.
Insider Monkey compiled a list of the best clean energy stocks to invest in. ReneSola Ltd is a renewable energy firm that focuses on solar electricity. On our list of the top renewable energy stocks to buy, the company is ranked 15th. It brought in $22.77 million in sales, up 7.62 percent over the previous year. Canadian Solar Inc. is a renewable energy firm that specializes in the production of solar ingots, wafers, cells, modules, and other solar-related goods. On our list of the top renewable energy stocks to buy, the company is ranked 14th. On the list of the top clean energy stocks to buy, SunPower Corporation is ranked 13th. Residential, Light Commercial, Commercial and Industrial Solutions, and Others are the company’s segments. Its stock is up 5.59 percent in the last six months and 9.76 percent for the year. Renewable Energy Group, Inc. is a renewable energy firm based in the United States that produces lower-carbon transportation fuels. On the list of the top renewable energy stocks to buy, the company is ranked 12th. Its stock has increased by 179.34% in the last year. Brookfield Renewable Partners L.P. is a private equity firm that owns a portfolio of renewable energy generation facilities throughout North America, Colombia, Brazil, Europe, India, and China. On the list of the top renewable energy stocks to buy, the company is ranked 11th. On the list of the top clean energy stocks to buy, First Solar, Inc. is ranked 10th. The business is investing $680 million in Ohio to develop a new solar panel facility that will be able to power 570,000 homes. On the list of the best clean energy stocks to invest in, Clearway Energy, Inc. is ranked 9th. There are around 4,200 net MW of installed wind and solar production projects, as well as 2,500 new MW of natural gas facilities, in the company’s portfolio. For more details, click 15 Best Clean Energy Stocks to Invest In.
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