The climate crisis is here and it’s only the beginning. According to the World Bank, 200 million people are at serious risk of being displaced from their home countries by 2050 due to climate change if nothing is done.
Here are the 5 best stocks (public companies) that we recommend investing in now to combat the climate change crisis!
#1 Enphase Energy (ENPH)
Enphase Energy, Inc. is an energy technology company with a mission dedicated to ESG (environmental, social, and governance). They supply micro inverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power, controlling it all with a mobile app. The company’s Enphase Home Energy Solution with IQ platform, which is an integrated solar, storage and energy management offering, uses a single technology platform for managing the whole solution. This enables individuals to use Enphase Enlighten to monitor their home’s solar generation, energy storage and consumption from just about any of their devices.
- CEO: Badri Kothandaraman (Sep 2017–)
- Founders: Raghu Belur; Martin Fornage
- Founded: 2006
- Revenue: $1.38 billion (2021)
- American NASDAQ-listed energy technology company
- Enphase Energy develops microinverter systems for the solar photovoltaic (PV) industry
You can read more about their dedication to ESG and having a positive impact on the world here.
#2 SolarEdge Technologies (SEDG)
SolarEdge Technologies, Inc. provides solar power optimization and offers an inverter solution for a solar photovoltaic (PV) system. The company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company’s power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module.
- CEO: Zvi Lando
- Founded: 2006
- Revenue: $1.96 billion (2021)
- Designs, makes, and sells solar system conductors
- Among its products are SolarEdge Monitoring Software SolarEdge Inverter, SolarEdge Power Optimizer, and StorEdge Solutions
- SolarEdge Sustainability Report
#3 NextEra Energy (NEE)
NextEra Energy, Inc. is an electric power and energy infrastructure company. Its segments include FPL, NEER and Gulf Power. Its FPL segment is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. Its FPL segment has approximately 28,450 megawatts (MW) of net generating capacity, approximately 77,000 circuit miles of transmission and distribution lines, and 696 substations. Its NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada. NEER also provides energy and capacity requirements services, power and fuel marketing and trading activities, and operates rate-regulated transmission facilities and transmission lines.
- CEO: John W. Ketchum
- Founded: 1984
- Employees: 15,000
- Revenue: $17.1B (2021)
- Market Cap: $146.69 billion
- NextEra Energy is the biggest generator of wind and solar power in the world
- 2021 ESG Report
#4 Brookfield Renewable Partners (BEP)
Brookfield Renewable Corp. operates renewable power platforms. The company’s portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 21,000 megawatts of installed capacity and an approximately 62,000-megawatt development pipeline. Investors can access its portfolio either through Brookfield Renewable Partners L.P., a limited partnership, or Brookfield Renewable Corporation, a Canadian corporation. Brookfield Renewable is a world leader in green energy.
- CEO: Connor Teskey
- Founded: 2011
- Revenue: $4.4B (2021)
- Operations: 5 continents
- Market Cap: $23.04 billion
- Brookfield Renewable is a world leader in green energy
- One of the biggest providers of hydroelectric energy (substitute for fossil fuels)
#5 Tesla (TSLA)
Tesla, Inc. designs, develops, manufactures, and sells fully electric vehicles (EV’s) and energy generation and storage systems. The company’s automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Its energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products.
- CEO: Elon Musk
- Founders: Elon Musk, Martin Eberhard, JB Straubel, Marc Tarpenning, Ian Wright Trending
- Founded: 2003
- Employees: 99,290
- Market Cap: $650.78 billion
- Earnings grew 656% this past year
- Tesla 2021 Impact Report
To easily invest in companies combatting the climate change crisis, check out our “Fighting Climate Change” Alinea featured playlist on the app ⚡️⚡️⚡️
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