The New Energy Low Down For Investors
Renewable Energy: Exhibiting Alpha
Henry Miles, May 14, 2019 (Seeking Alpha)
“…Thousands of scientists from around the world continue to compile vast amounts of longitudinal data about ice, water, air, and weather events all indicating that the scourge of human-contributed climate change is upon us and accelerating…Billions of tons of ice are melting annually due to global warming…The warming of oceans is accelerating as predicted…Air quality continues to degrade because of climate change…The EPA attributes extreme weather events to climate change…The World Economic Forum ranks climate change as our greatest threat…It’s 99.9999% probable that human beings cause climate change…The US is projected to incur billions of dollars in economic costs as the result of climate change…Including because of climate change, the UN estimates that 1 million species are at risk of extinction.
…[Eight New Energy companies with high financial return potential are AES – A Fortune 500 company especially active in solar energy and grid-scale electric storage solutions…Ballard – A leader in hydrogen fuel cells finding initial use commercially in trucking, ships, and locomotives…ENGIE – The French multinational crossing various energy sectors and increasingly focused on zero carbon transmission…First Solar – A utility-scale photovoltaic manufacturer whose stock recently earned a ‘conviction buy’ rating from Goldman Sachs…Ormat – The dominant niche provider to countries / municipalities that have access to geothermal resources…Orsted – The Danish multinational and global leader in wind power and waste-to-energy conversion…Siemens – Still with potential to become a renewable energy integrator having decided to spin off their power related assets…[and] Toyota – The strongest automobile company with green(er) solutions extending beyond hybrids into BEVs and FCEVs.” click here for more