AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
.jpg)
Highlights
- The UK is among the global climate leaders with its net-zero goal by 2050.
- Ceres Power is targeting the Chinese market for fuel cell technologies, through a three-way partnership with Weichai Power and Robert Bosch GmbH.
The world is moving away from fossil fuels and transitioning to alternative sources of energy, putting the renewable energy industry in the spotlight. The UK is among the global climate leaders with its net-zero goal by 2050.
By 2035, the UK aims to meet 100% of its energy needs from renewable energy sources. According to the UK Government, the country is on the right path to achieve its renewable energy targets on time. Investors are avidly looking at renewable energy stocks, as the requirement for clean energy is anticipated to grow considerably in the coming years.
A UK-based clean energy company that has recently been in the spotlight is Ceres Power Holdings PLC. With the goal of targeting the Chinese market for fuel cell technologies, a three-way partnership has been signed by the company with Weichai Power and Robert Bosch GmbH.
Let’s take a look at 5 LSE-listed energy stocks with a green economy mark, which can potentially perform well in the long run as the world is transitioning towards renewables.
RELATED READ: Is it right time to invest in FTSE renewable energy stocks?
© 2022 Kalkine Media®
Ceres Power Holdings plc (LON: CWR)
Leading UK-based clean energy firm Ceres Power Holdings plc mainly focuses on tackling climate change through its fuel cell and electrochemical technology.
Ceres Power Holdings plc’s shares closed at GBX 598.00, up by 7.71%, on 15 February 2022. The market cap of the FTSE AIM UK 50 Index constituent stood at £1,064.27 million as of 15 February 2022.
Active Energy Group PLC (LON: AEG)
The leading developer of next-gen biomass fuels, Active Energy Group plc, uses sustainable sources and waste materials for the production of biomass.
Active Energy Group plc’s shares closed at GBX 0.17 on 15 February 2022. The market cap of the AIM-listed company stood at £9.35 million as of 15 February 2022.
AFC Energy plc (LON: AFC)
UK-based alkaline fuel cell producer, AFC Energy plc, generates clean electricity by using hydrogen.
AFC Energy plc’s shares closed at GBX 36.45, up by 8.64%, on 15 February 2022. The market cap of the FTSE AIM UK 50 Index constituent stood at £267.72 million as of 15 February 2022.
RELATED READ: EQTEC, Velocys, SSE: Renewable stocks you can keep an eye on
Atome Energy Plc (LON:ATOM)
The UK’s first listed company, which produces green hydrogen and ammonia, Atome Energy plc, aims at providing green products to the global markets while focusing on decarbonisation. It recently got admitted to the LSE on 30 December 2021
Atome Energy plc’s shares closed at GBX 58.00 on 15 February 2022 with a market cap of £18.85 million.
EQTEC PLC (LON: EQT)
Operating in the UK and Ireland, EQTEC PLC, is a bioscience energy firm that focuses on gasification technology.
EQTEC PLC’s shares closed at GBX 0.95 on 15 February 2022. The market cap of the AIM-listed company stood at £81.69 million as of 15 February 2022.
Note: The above content constitutes a very preliminary observation or view based on industry trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.
