Best Solar Stocks : Renewable energy stocks [Monthly]
Renewable energy market is heating up and the solar energy industry has grown rapidly. The transition toward renewable energy will take many years and which makes solar energy a compelling opportunity for long-term investors.
NextEra Energy (NYSE: NEE) NextEra Energy Partners (NYSE: NEP) : NextEra Energy Partners is a renewable energy producer created by NextEra Energy. They generate renewable energy that they sell to end users under long-term power purchase agreements. NextEra has a subsidiary called NextEra Energy Resources that buys power from wind and solar farms, then sells it.
Brookfield Renewable Partners L.P. (NYSE: BEP, TSX: BEP.UN) : It is a limited partnership that owns and operates renewable power assets. It is 60% owned by Brookfield Asset Management. In 2017, Brookfield Renewable owned over 200 hydroelectric plants, 100 wind farms, over 550 solar facilities, and four storage facilities, with approximately 16,400 MW of installed capacity. Headquarters in Toronto, Ontario, Canada.
First Solar Inc. (NASDAQ: FSLR) : It is global leader in developing solar energy solutions. It designs, manufactures solar power systems and solar modules. It utilizes a thin film semiconductor technology to manufacture electricity-producing solar panels from cadmium telluride. First Solar not only manufactures and sells solar modules, but also designs, constructs, and sells solar power systems and provides operations and maintenance services.
Sunrun Inc. (NASDAQ: RUN) : With the acquisition of Vivint Solar, Sunrun is now the unquestioned king of the U.S. solar market. Vivint Solar Inc. is a residential solar energy provider that designs, installs, and maintains photovoltaic systems. It is a provider of residential solar electricity. It designs, develops, installs and provides maintenance of solar energy systems.
Renewable Energy Group, Inc. (NASDAQ: REGI) : It is a biodiesel production company. It began in 1996 as the biodiesel division of West Central Cooperative, and in 2006, the company separated from West Central and moved its headquarters to Ames. Headquartered in Ames, Iowa, United States.
Canadian Solar Inc. (NASDAQ: CSIQ) : It is a Canada-based solar power company. It designs, manufactures, and sells solar module products that convert sunlight into electricity. Much of its work is done in China, where it has two locations outside Shanghai. It not only manufactures panels but installs them.
Enphase Energy Inc. (NASDAQ: ENPH) : It provides solar energy cells and monitoring equipment for distributors, large installers, original equipment manufacturers, strategic partners, and homeowners.
SunPower Corporation (NASDAQ: SPWR) Maxeon Solar Technologies (NASDAQ: MAXN) : It is a reseller of Chinese solar panels. It is a vertically integrated supplier of solar panels and services for both residential and utility markets. It spun out its manufacturing arm under the name Maxeon Solar Technologies (NASDAQ: MAXN). Its Chinese partner is Tianjin Zhonghuan Semiconductor.
Plug Power (NASDAQ: PLUG) : It is a hydrogen supplier. It bought two hydrogen companies, United Hydrogen Group and Giner ELX. United Hydrogen operates a plant Tennessee that can produce 6.4 tons of hydrogen per day, with a plan to increase that to 10 tons.
SolarWindow Technologies (OTCMKTS: WNDW) : Its product is a liquid capable of creating an electric charge when applied to glass or plastic. Charge is harvested by a grid of tiny wires, each thinner than a human hair.
JinkoSolar Holding Co. Ltd. (NYSE: JKS) : It is a China-based solar energy company that manufactures solar products including silicon wafers, solar cells, and solar modules. The company also offers solar system integration services.
Daqo New Energy Corp. (NYSE: DQ) : It is a Chinese company engaged in the manufacture of monocrystalline silicon (mono-Si) and polysilicon (poly-Si), primarily for use in solar photovoltaic systems. The company operates a mono-Si and poly-Si manufacturing facility located in Shihezi, Xinjiang Province, China.