Renewable energy is no longer a science fiction phenomenon. It is reality. In fact, if you drive down any residential street in the UK or Europe for that matter you will notice that nearly every second house on the street has a solar panel on the roof. If you happen to be taking a drive through the countryside it is very likely that you will be able to spot a dozen or so large wind turbines on the horizon. This is no longer fiction, it is reality.
There are 5 different ways of investing in Renewable Energy:
There are several good long term stock choices for renewable energy investing, but choose wisely as with any stock it is linked to the overall economic environment. Some good picks are GE, Siemens, Tesla or a lithium mining company which supplies battery manufactures can be a good gamble if you are willing to take a risk.
2. Green Bonds
Investing in bonds which are focused on green energy stocks is a good way to spread your risk by investing in a number of companies and enterprises that are included in the bond, however the returns tend to be in the small single digits and fixed over the long term.