Renewable Energy Investments

Renewable Energy
Investments
By
www.ProfitableInvestingTips.com

https://profitableinvestingtips.com/profitable-
investing-tips/renewable-energy-investments
The election of Joe Biden bodes well for renewable
energy investments as the President-Elect calls
climate change the greatest threat facing the
human race. How can investors position
themselves to take advantage of the coming
emphasis on green energy? Is a focus on ESG
investing sufficient or should you drill down and
find specific investment opportunities? Here are
a few thoughts on renewable energy investment
in the Joe Biden presidency.

Alternative Energy Investments

Investopedia published a useful article about
alternative energy stocks for late 2020.

The alternative energy sector is comprised
of companies that engage in the
generation, distribution, and sale of
renewable and clean energy, as well as
related products and services. Examples of
alternative energy sources include solar,
wind, hydroelectric, and geothermal.

They cite a few examples of promising
renewable energy investments.

The growing list of names in the sector
includes companies like Israel-based
SolarEdge Technologies Inc. (SEDG),
Brazil-based Companhia Energetica de
Minas Gerais CEMIG (CIG), and First Solar
Inc. (FSLR).

And, they note that you can buy shares of
ETFs that track renewable energy
investments as well.

Alternative energy stocks, as represented by
the iShares Global Clean Energy ETF
(ICLN), have dramatically outperformed
the broader market, posting a total return
of 47.4% compared to the Russell 1000's
total return of 12.6% over the past 12
months.

Even before Biden won the 2020
presidential election, this sector has done
well. We expect that with a green energy-
friendly president in the White House that
the sector will do even better in the
coming years.

Renewable Energy Investment
Opportunities

US News provides us with their list of the
seven best renewable energy stocks and
ETFs. Their list includes the following:

Invesco Solar ETF
iShares Global Clean Energy ETF
NextEra Energy (NEE)
Vestas Wind Systems (VWDRY)
Brookfield Renewable Partners (BEP)
Iberdrola (IBDRY)
ALPS Clean Energy ETF (ACES)

This list of investment opportunities in the
renewable energy sector gives investors
the opportunity to invest in green energy
and make money. The sector did well this
last year during the Trump administration
but is likely to thrive under Biden.

Mixing and Matching Energy
Investments

As the climate warms up, the world will transition
to renewable energy, reduced carbon emissions,
and energy conservation. However, oil and
natural gas are not going away in a hurry. We
wrote recently about Exxon as an investment.
The smartest energy investors may well be the
ones who hedge their bets by maintaining
positions in the traditional oil and natural gas
sector while adding targeted renewable energy
investments for the future.

The geopolitical benefit of US energy
independence is huge. As such, even a green
Biden administration is unlikely to undercut the
ability of the nation to extract petroleum
products and avoid going back to dependence
on oil from the Middle East. And, as the Covid-
19 pandemic is brought under control, the world
economy will improve. Energy requirements will
go up. And, all well-managed energy companies
are likely to see the benefit, not just renewable
energy investments.

 For more insights and useful information
about investments and investing, visit
 www.ProfitableInvestingTips.com.

Renewable Energy Investments

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