Over the past few years, renewable energy stocks have found a place among the most desirable stocks. This is because almost everyone understands that green or renewable energy is the future. The renewable energy stocks have been performing well over the past couple of years, and are expected to remain active in the foreseeable future as well. If you are a long-term investor, experts believe now is the right time to add such stocks to your portfolio. To help you select, detailed below are the most searched for renewable energy stocks.
Most Searched For Renewable Energy Stocks
We have referred to the monthly average search volume data from the energy comparison site SaveOnEnergy to come up with the top ten most searched for renewable energy stocks in the world. Following are the most searched for renewable energy stocks:
Founded in 2007 and headquartered in Shangrao (China), this company designs, develops, makes and markets photovoltaic products and solar system integration services. It is the largest solar panel manufacturer in the world. The company has manufacturing facilities in China, Malaysia and the U.S. JinkoSolar stock has gained more than 100% in the past one-year, but is down more than 40% YTD.
Enphase Energy (89,290)
Founded in 2006 and headquartered in Fremont (CA), this company designs, develops, makes and sells micro inverter systems for the solar photovoltaic industry. The products offered by the company are IQ Envoy, IQ Microinverter Accessories, IQ 7 Microinverter Series, IQ Battery and IQ Envoy Accessories and Enlighten & Apps. Enphase Energy stock has gained more than 130% in the past one-year, but is down more than 20% YTD.
First Solar (89,800)
Founded in 1999 and headquartered in Tempe (AZ), this company designs, makes, markets and distributes photovoltaic solar power systems and solar modules. This company operates through two segments – Modules and Systems segments. For Q1 2021, this renewable energy company posted strong numbers, with revenue rising from $532 million to $803 million. First Solar stock has gained more than 60% in the past one-year, but is down more than 24% YTD.
Canadian Solar (90,000)
Founded in 2001 and headquartered in Guelph (Canada), this company makes solar photovoltaic modules and offers solar energy solutions. The company operates through the following segments – Module and System Solutions (MSS) and Energy segments. Canadian Solar stock has gained more than 90% in the past one-year, but is down more than 25% YTD.
NextEra Energy (133,700)
Founded in 1984, it is an electric power and energy infrastructure company. This company operates through the following segments – FPL and NEER. The FPL segment deals in the generation, transmission, distribution and sale of electric energy in Florida, while the other segment generates electricity from clean and renewable sources. NextEra Energy’s stock has gained more than 20% in the past one-year, but is down more than 4% YTD.
Ørsted is the biggest energy company in Denmark and offers wind power, solar energy and storage, and renewable hydrogen to countries, as well as companies worldwide. It has been ranked as the world’s most sustainable energy company since 2019 by Corporate Knights Global 100 Index. It is listed on the Nasdaq Copenhagen stock exchange.
Founded in 1985 and headquartered in San Jose (CA), this company designs, manufactures and delivers solar panels and systems. The company operates through the following business segments – Commercial & Industrial Solutions, Residential, Light Commercial and Other. SunPower’s stock has gained more than 350% in the past one-year, but is down more than 11% YTD.
General Electric (532,710)
Founded in 1982, it is a technology and financial services company. Popularly known as GE, this company operates through the following segments – Power, Renewable Energy, Aviation, Healthcare and Capital. GE’s Renewable Energy segment primarily deals in wind turbines, providing both hardware and software. General Electric’s stock has gained more than 70% in the past one-year and YTD, it is up by more than 21%.
Plug Power (755,700)
Founded in 1997 and headquartered in Latham (NY), this company provides alternative energy technology. It specializes in designing, developing, and manufacturing of hydrogen and fuel cell systems. This American company aims to replace conventional batteries with hydrogen fuel cell systems. Plug Power’s stock has gained more than 500% in the past one-year, but is down more than 17% YTD.
This doesn’t come as a surprise as Tesla is undoubtedly one of the most popular companies in the world. Founded in 2003, this company designs, develops, manufactures and sells electric vehicles, as well as energy generation and storage systems. Tesla is headed by Elon Musk and is headquartered in Palo Alto, California. Tesla’s stock has gained more than 250% in the past one-year, but is down by more than 14% YTD.