4 clean energy AIM stocks to buy in December

Image Source: Tapati Rinchumrus, Shutterstock.com

Highlights

  • Green energy has been in sharp focus recently following the UN climate conference COP 26.
  • Climate conscious investors can consider several green energy stocks on AIM with a good one-year returns.

Green energy has been in sharp focus recently following the UN climate conference COP 26. It’s not only the activist but there has also been a rise in climate-conscious investors seeking to invest in green stocks, especially as the green energy sector is expected to see a huge rise in the coming years.

Given this background, let us take a look at the top 4 AIM-listed stocks in the alternative energy sector with a one-year return of over 25 per cent:

  1. AFC Energy PLC (LON: AFC)

AFC Energy is an alkaline fuel cell company and is a constituent of the FTSE AIM UK 50 index.

The company executed its first sale and development agreement with automation company ABB Ltd recently.

ABB placed its first order for AFC’s S series hydrogen fuel system in a deal worth up to £4 million and is scheduled to be delivered in early 2023.

AFC Energy has a market cap of £390.01 million, and its one-year return stands at 90.94 per cent as of 23 November.

  1. Powerhouse Energy Group Plc (LON: PHE)

Powerhouse Energy Group is a sustainable hydrogen company involved in the conversion of plastics and waste to clean energy. The company is a part of the FTSE AIM All-Share index.

The company’s development partner, Hydrogen Utopia International PLC (HUI), entered into a framework agreement with Linde Engineering, an industrial gas and engineering company.

According to the agreement, Linde will have a 5-year exclusivity to supply HUI's development of Powerhouse's proprietary waste-to-hydrogen process technology DMG.

Powerhouse Energy Group has a market cap of £183.69 million, and its one-year return stands at 31.14 per cent as of 23 November.

  1. Inspired PLC (LON: INSE)

Another FTSE AIM All-Share index constituent, Inspired PLC, is an energy procurement and management consultancy firm.

The group’s H1 2021 revenue rose by 31 per cent to £32.62 million, from £24.94 million in H1 2020. The rise was due to continuing recovery in the company’s markets, customers and economy.

The group’s H1 2021 adjusted EBITDA rose by 15 per cent to £8.82 million, from £7.64 million in H1 2020. And, its interim dividend per share in H1 2021 rose by 20 per cent to 0.12 pence, from 0.10 pence in H1 2020.

Inspired has a market cap of £ 165.24 million, and its one-year return stands at 25.45 per cent as of 23 November.

  1. Velocys PLC (LON: VLS)

Velocys is a British sustainable fuel technology firm. It is another clean energy company that is a part of the FTSE AIM All-Share index.

The company reported its subsidiary, Velocys Renewables LLC, had entered into two separate offtake agreements with airlines, International Consolidated Airlines Group S.A. (LON: IAG) and Southwest Airlines for sustainable aviation fuel (SAF)

The agreement with Southwest Airlines is for about 219 million gallons of SAF at a fixed price, over a 15-year period starting from 2026, while the IAG agreement is for a 10-year period for 73 million US gallons of SAF.

Velocys has a market cap of £98.58 million, and its one-year return stands at 41.60 per cent as of 23 November.


 

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.