Over the next six years, the wind energy industry is estimated to be worth more than $180 billion. In terms of installation size, the demand is expected to surpass 120 gigawatts. Brookfield Renewable Partners L.P. recently completed the first offshore wind investment, with a capacity of 3 gigawatts. Brookfield Renewable Partners announced a $0.3038 per share quarterly dividend, which is the same as the previous one. Tesla, Inc. recently announced that the first three months of 2021 saw record energy storage revenue. Elon Musk, the billionaire owner, appeared on the famous comedy show Saturday Night Live last week to promote his business ventures. TPI Composites, Inc. manufactures and sells wind farm machinery, including wind blades. Renewable energy production aids countries in achieving their long-term development goals all over the world. Onshore wind turbines are less expensive than offshore wind farms, and onshore generation is one of the most cost-effective renewable energy choices available.
Here is Insider Monkey’s list of the 10 best wind energy and renewables stocks to buy in 2021. Avangrid, Inc. is an energy company based in Connecticut that was established in 1852. On the list of the 10 best wind energy and renewables stocks to invest in 2021, it ranks tenth. Over the last year, Avangrid stock has returned more than 21% to investors. Dominion Energy, Inc. (D), a Virginia-based power utility, was ranked ninth on our list of the top ten wind energy and renewables stocks to buy in 2021. Residential, commercial, and industrial customers are served by the company, which produces and distributes electricity. It has a client base of over 7 million people. The energy corporation Public Service Enterprise Group Incorporated is located in New Jersey. It is the eighth-best wind energy and renewables stock to buy in 2021, according to the ranking. Customers in the North Eastern United States are served by this company, which distributes electricity and gas. Eversource Energy (ES) is a power company based in Massachusetts that was founded in 1966. On the list of the 10 best wind energy and renewables stocks to buy in 2021, it is ranked seventh. Over the last 12 months, Eversource stock has returned more than 9% to investors. General Electric Company (NYSE: GE) is a Boston-based power generation and distribution company with interests in electronics, aviation, and health care. In the last year, GE stock has returned more than 114 percent to investors. On the list of the 10 best wind energy and renewables stocks to buy in 2021, it is ranked sixth. More companies on this list can be found in the article 10 Best Wind Energy and Renewables Stocks to Buy in 2021.
