The world economy is starting to take a serious step towards reducing carbon emissions. This decarbonation represents a huge investment opportunity. Companies need to spend trillions of dollars a year for more decades Renewable energy Ability to obtain net zero emissions.
Many companies will benefit from this megatend. Some of the young leaders are among them Electrical appliances Reinforced Edison (NYSE: ED), Duke Energy (NYSE: DUK), Next Ira Energy (NYSE: NEE), And Xcel Energy (NASDAQ: XEL). That is why they have made the most renewable energy stocks for 2021 and beyond.
A quiet leader in solar power
Edison has a long history of distributing electricity and natural gas to the New York City area. That basic business has expanded steadily over the years, allowing Edison to pay for one. Best profit In the consumer sector. The company has increased its profit margin for 47 direct years, the longest-running growth in the industry.
However, while the company’s utilities provide stable cash flow, what is unique about Edison is its Solar energy Business. It is astonishing to know that Strength is the second largest solar producer in the country and the seventh largest in the world. The company started by acquiring solar energy projects from other developers. A.D. It started in 2014 and now has a great opportunity to continue to expand its solar operations in the coming years. That strong Edison must be able to grow its profits, put it on the right track to become A. From the King of Fate In a few years.
Big bet on pure power
Duke Energy has set a daunting goal of turning it into a clean energy company by 2050 net zero emissions. The utility will invest $ 59 billion in clean energy and grid investments over the next few years to support this grand plan. These investments will push renewable energy into 23% by 2030, up from 7% last year. Meanwhile, 91% of the total energy composition has come from clean oil sources (natural gas, nuclear and renewable), up from 79% last year.
Duke believes that these investments will pay direct dividends to their shareholders. The company expects the market to grow at an annual rate of 5% to 7% by 2025. That should support sustained growth, which will allow Duke to continue to grow its share of profits for the past 14 consecutive years. .
Leading the charge
NextEra Energy is proud to be the world’s largest wind and solar producer. However, it is just beginning. The company plans to spend up to $ 55 billion on new infrastructure investments by next year, which will enable it to produce more clean energy.
The company estimates that these investments will support annual revenue growth of 6% to 8% by 2023. However, the company has repeatedly stated that it is disappointed that it did not produce results at that end or below. Region. In addition, it will see at least 10% annual profit growth by 2022. These factors should enable NextEra Energy to continue to generate strong total returns for its shareholders.
The wind is behind
Xcel Energy was the first power utility to officially deliver 100% carbon-free electricity by 2050. The company is currently investing $ 24.3 billion in capital projects by 2025, including new renovations and other grid-related investments. It has a large and growing wind business and is expanding further into the sun. In addition, he is evaluating the use of hydrogen as a fuel source while helping to deploy more electric vehicles.
Xcel Energy believes that these investments will pay dividends to shareholders. It expects to increase its share price by 2025 to 525 per share. He also believes that he can increase his profits in the same way. That should enable the facility to generate attractive overall returns for investors in the coming years.
Strong growth in the future
These appliances are receiving a clean future. The four are emerging as leaders to invest in renewable energy that can sustain sustainable income and profit growth over the next several years. That makes them a great renewable energy store to buy and hold for a long time.
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