5 best renewable energy stocks to buy in the final quarter of 2021

3 min read | October 15, 2021 10:33 PM AEDT | By Rishika Raina

Google News:

5 best renewable energy stocks to buy in the final quarter of 2021 — Image source: Monster Ztudio, Shutterstock.com

Recent News

ASX Gold Explorers Heat Up as Penny Stocks Chase Gold Momentum

ASX Penny Stocks Today: Why Catalyst Volume Check Matters

ASX Penny Stocks Face a Key Test as Market Sentiment Shifts

Oil and Gas Stocks Today: Crude Shock Tests Energy Momentum

Make Kalkine Media
My Trusted Source

Highlights

Green investments have become a hot topic due to climate change concerns.

Green stocks are generally growth stocks with huge potential as the world is transitioning towards renewable energy.

Green investments are a hot topic in the world at present for most countries and companies due to climate change and related environment-focused events. Green and renewable energy stocks have the potential to deliver significantly huge returns for investors as the fight for a cleaner and safer future continues across the world.

The transition towards net zero has prompted companies from all across the globe to pump in trillions of dollars in renewable energy businesses, hoping that the falling costs due to economies of scale and the extension of governmental support will drive the growth of renewable energy.

Green stocks are usually growth stocks due to their tremendous potential of growth with several developed as well as developing countries planning to go green in the coming years. These stocks are thus pivotal for securing a green future and promoting the use of green and clean energy sources.

Let’s take a look at some of the top renewable energy stocks that your can buy in the final quarter of 2021.

Greencoat UK Wind PLC (LON: UKW)

Greencoat UK Wind PLC’s current market capitalisation stands at £2,710.93 million. It has given a return of 1.73% in 1 year. The previous close price of Greencoat UK Wind PLC’s shares was GBX 137.20 as of 14 October 2021.

Gore Street Energy Storage Fund PLC (LON:GSF)

UK-based Gore Street Energy Storage Fund PLC invests in facilitation of renewable growth and invests in assets in the UK and other countries. Its current market capitalisation stands at £391.62 million. It has given a return of 6.82% in 1 year. The previous close price of Gore Street Energy Storage Fund PLC’s shares was GBX 113.50 as of 14 October 2021.

AFC Energy plc (LON: AFC)

AFC Energy plc gives hydrogen fuel cell power solutions which helps in generation of clean energy. Its current market cap stands at £369.45 million, and it has a green economy mark on the LSE. It has given a return of 175.16% in 1 year. The previous close price of AFC Energy PLC’s shares was GBX 50.30 as of 14 October 2021.

Ceres Power Holdings plc (LON: CWR)

Ceres Power Holdings plc develops low cost, next generation solid oxide fuel cell (SOFC) technology. It has a green economy mark on the LSE and its market cap at present stands at £2,115.30 million. It has given a return of 55.68% in 1 year. The previous close price of Ceres Power Holdings PLC’s shares was GBX 1,110.00 as of 14 October 2021.

ITM Power Plc (LON:ITM)

ITM Power Plc manufactures hydro energy solutions based on Proton Exchange Membrane (PEM) technology to boost the use of renewable energy. It has a green economy mark on the LSE and its market cap at present stands at £2,614.52 million. It has given a return of 62.96% in 1 year. The previous close price of ITM Power Plc’s shares was GBX 474.80 as of 14 October 2021.

RELATED READ: Top Global Solar Energy Stocks To Watch

Disclaimer

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 Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. 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 that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website 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 as or found to be necessary.