Future of World Energy Stocks to make money in European Stock Market
Here we see future of world energy stocks to make money (Part II) in the European stock market for green and renewable energy. In such reports, America’s focus is on solar energy and Europe’s focus is on hydrogen energy.
Green and Renewable with WWF
1 – VERBUND AG
Verband AG is the largest electricity provider in Austria, and also known as Verbandsgesellschaft or Österreichische Elektrizitswirtschafts-AG. They supply about 40% of Austria’s total demand. 90% of electricity produced from hydropower. The CAGR of this company in the last five years has been 11% and the return in the last one year has been 3.42%.
2- Enel Green Power S.p.A
Enel Green Power S.p.A is a subsidiary and was founded in 2008 of the Italian company Enel. The company works in the field of green energy. They generate 76TWh of electricity from solar, wind, hydropower and geothermal with 1300 plants worldwide. The company has given a return of 13.91% in the last one year.
3- Acciona SA
Acciona, S.A. is an infrastructure management company and also operates in renewable energy with subsidiary Acciona Energía. In the last one year, the company has given a negative return of 1.75 percent. Infrastructure plays a very important role in green energy production, so we can think about this company.
4-Ørsted A/S
Ørsted A/S is the largest developer of offshore wind energy in the world and develops approximately 30% of the global offshore wind energy installed capacity. The company currently generates 99% of its electricity from green energy and has a net zero target in 2040. It’s great for the world and money too. The company has given positive returns of 9.35% in the last one year.
5- Iberdrola SA
Iberdrola is the world’s second power utility by market capitalization and is also a producer of wind energy. It produces about 42,000 MW from renewable sources. Iberdrola subsidiary Scottish Power (UK) and Avangrid (US), among others. The company gave 20.58% positive returns in one year. It is quite reliable for big investors.
6-Siemens Energy AG
Siemens Energy AG is owned by Siemens Gamesa and is a German company. It also works in green energy sector but they work for manufacturing turbines (wind, steam and gas). This is why if there is demand for green energy then there is demand for turbines too. The company has given positive returns of 95.09% in the last one year.
Future of World Energy Stocks to Make Money
Not only the stocks of the companies mentioned above are the future of world energy stocks to make money (part ii). There are many stocks available in the market. Some are listed, some are not listed like Statecraft. We go for research, learn and then earn. Infrastructure and manufacturing stocks are also supporting the growth of these stocks. Therefore, we can also focus on the stocks of this sector.
