Top 5 Renewable Energy Stocks to Watch in 2021
The global transition to clean power and growing demand for renewable energy has been a tailwind for this sector. With the ESG movement, more and more renewable energy companies are seeing large investments from funds and are awarded higher multiples. The Biden presidency is also expected to be a tailwind with infrastructure spending and investments in renewable energy.
Many renewable energy stocks operate in regulated markets and offer stable returns on investments. They usually pay a dividend that should increase over time.
Here are the top 5 renewable energy stocks to watch in 2021:
1.-Enel Societa Per Azioni (EN-N)
4.-Algonquin Power & Utilities Corp(AQN-T)
5.-Xebec Adsorptions Inc (XBC-X)