Renewables Technology

Renewables Technology
  • Pininvest Analysis

According to the latest IEA report (Oct. 2017), investments in renewable energy have accounted for 2/3 of new power capacity installed in 2016.  With 50 % yearly growth, especially in China, solar power has added more capacity worldwide than any other source of energy, either wind, gas or coal

Expected growth through 2022 in renewable energy installations is driven by government policies and by very significant technology cost reductions, with prices for solar and wind as low as 3 cents per Kwh announced at auction in various locations, below costs of coal and gas power plants

For 2022 renewable power installation, IEA projects a 43 % increase adding 920 GW (toping previous assumptions) and another 230 GW under an accelerated scenario rendered more likely by the recent technical developments and by the Chinese environmental policies

With emphasis on solar photovoltaic solutions, ingots, polysilicon and wafers, our selection also includes wind blades fabrication, hydrogen generation products and a geothermal specialist

Focused on US-listed manufacturing companies however, Chinese businesses remain under-represented

Read our note

Renewables Technology • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
American Superconductor AMSC NASDAQ Industrial Goods Electrical Components, Connectors & Sensors USD 11.63 263 M 28.2% 65%   5% -51%
Canadian Solar CSIQ NASDAQ Industrial Goods Renewables/Solar USD 29.43 1.7 B 32.8% 67%   6% -46%
Daqo New Energy DQ NYSE Technology Semiconductors - Photovotaic Systems USD 112.78 1.6 B 121.9% 86%   7% -28%
Eaton Corp. ETN NYSE Industrial Goods Power Generation - General USD 97.38 39 B 20.9% 50%   4% -44%
First Solar FSLR NASDAQ Technology Semiconductors - Photovotaic Systems USD 61.67 6.5 B -7.5% 56%   5% -55%
FuelCell Energy FCEL NASDAQ Utilities Renewable Energy Generation USD 2.59 547 M 615.5% 162%   10% -62%
JinkoSolar Holding JKS NYSE Industrial Goods Renewables/Solar USD 27.45 1.2 B 34.8% 82%   7% -57%
NextEra Energy NEE NYSE Utilities Renewable Energy Generation USD 276.20 135 B 24.8% 41%   3% -35%
Ormat Technologies ORA NYSE Utilities Renewable Energy Generation USD 54.86 2.8 B -24.5% 43%   3% -36%
Siemens Gamesa Renewable Energy GCTAF OTC Industrial Goods Renewables/Wind USD 26.55 - 71.7% 52%   2% -31%
SolarEdge Technologies SEDG NASDAQ Technology Semiconductors - Photovotaic Systems USD 190.41 9.5 B 113.0% 77%   7% -51%
Sunnova Energy International NOVA NYSE Energy Renewables Service Provider USD 25.85 2.2 B 148.1% 94%   8% -66%
SunPower SPWR NASDAQ Technology Semiconductors - Photovotaic Systems USD 10.03 1.7 B -14.8% 91%   8% -70%
Sunrun RUN NASDAQ Energy Renewables Service Provider USD 60.20 7.2 B 248.0% 82%   8% -64%
TPI Composites TPIC NASDAQ Industrial Goods Renewables/Wind USD 26.33 928 M 33.5% 79%   7% -65%
Vestas Wind Systems VWDRY OTC Industrial Goods Renewables/Wind USD 51.70 - 94.0% 44%   3% -36%
Vivint Solar VSLR NYSE Energy Renewables Service Provider USD 33.09 4.1 B 325.3% 94%   8% -74%
Xinjiang Goldwind Science & Technology XJNGF OTC Industrial Goods Renewables/Wind USD 0.89 - -27.2% 35%   0% -32%