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

Renewables Technology • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
American Superconductor AMSC NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 8.34 179 M 7.8% 74%   8% -49%
Canadian Solar Inc. CSIQ NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 21.27 1.3 B 75.1% 49%   13% -30%
China National Building Material Company CBUMF OTC Industrial Goods Construction Materials, Products & Services USD 0.99 - -12.3% 12%   0% -15%
Daqo New Energy DQ NYSE Industrial Goods Renewable Energy Services/Equipment USD 39.92 530 M 13.4% 69%   11% -48%
Eaton Corp. ETN NYSE Industrial Goods Electrical Power Systems & Automation USD 82.08 35 B 12.3% 22%   3% -27%
First Solar FSLR NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 61.76 6.5 B 19.0% 36%   6% -33%
FuelCell Energy FCEL NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 0.16 20 M -99.1% 126%   0% -99%
Hydrogenics HYGS NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 14.02 216 M 92.1% 65%   13% -52%
JinkoSolar Holding JKS NYSE Industrial Goods Renewable Energy Services/Equipment USD 20.98 823 M 44.0% 70%   15% -54%
NextEra Energy NEE NYSE Utilities Renewable Energy Generation USD 206.22 99 B 26.5% 15%   0% -8%
Ormat Technologies ORA NYSE Industrial Goods Renewable Energy Services/Equipment USD 62.24 3.2 B 15.9% 27%   3% -14%
Siemens Gamesa Renewable Energy GCTAF OTC Industrial Goods Renewable Energy Services/Equipment USD 17.70 - 29.2% 39%   4% -29%
SolarEdge Technologies SEDG NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 59.22 2.8 B 23.1% 50%   7% -42%
Sunrun RUN NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 18.30 2.1 B 35.6% 53%   9% -39%
TPI Composites TPIC NASDAQ Industrial Goods Renewable Energy Services/Equipment USD 24.18 847 M -13.5% 40%   3% -36%
Vestas Wind Systems VWDRY OTC Industrial Goods Renewable Energy Services/Equipment USD 29.88 - 47.0% 29%   4% -12%
Xinjiang Goldwind Science & Technology XJNGF OTC Industrial Goods Renewable Energy Services/Equipment USD 1.00 - -23.5% 58%   1% -39%