5 Emerging Energy Technologies You Can Invest In Today

1.  Offshore Wind Farms

The offshore wind industry is booming and will continue growing in the coming years with advances in electricity transmission under the sea. Currently, offshore wind provides a tiny fraction of the global electricity supply. Some companies from this segment include

– TPI Composites (NASDAQ: TPIC)

TPI Composites, Inc. designs and manufactures composite wind blades for the wind energy market. TPI has manufactured over 62,000 wind blades since 2001. Sales accounted for approximately 18% of all sold onshore wind blades on an MW-basis globally in 2019.

The stock is up 228.6% over the last 12 months and the compound 3 year revenue growth rate is 22.4%.

– NextEra Energy (NYSE: NEE)

NextEra Energy, Inc. is an American energy company with about 46 gigawatts of generating capacity. The company generates electricity through wind, solar, nuclear, coal, oil, and natural gas facilities.  NextEra Energy also owns a competitive clean energy business.

– General Electric (NYSE: GE)

GE’s renewable energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; blades for onshore and offshore wind turbines.

– Equinor (NYSE: EQNR)

Equinor ASA is a Norway-based energy company that explores, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. In addition, the company develops wind, and carbon capture and storage projects, as well as offers other renewable energy and low-carbon energy solutions.

You can also take a peek at 15 Best Small-Cap Healthcare Stocks to Buy and 12 Best Mining Stocks to Buy Now.

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