Tensions between
On top of energy independence, a growing global concern about climate change is also forcing the world to transition from carbon-based fossil fuels to alternative energy sources.
Socially responsible investing is also a major catalyst for the clean energy revolution. The trend will drive trillions of dollars' worth of investment in renewable energy in the decades ahead.
One way to get in on the green energy boom is to invest in green energy penny stocks. These stocks can offer a great opportunity to get your feet wet in the energy sector and have the potential to yield high rewards as the demand for clean energy grows.
Let's take a look at a few energy stocks under
VKIN offers investors a unique opportunity to participate in a two-way energy play: green and oil and gas. VKIN has multiple revenue streams for those who wish to hedge their bets with an investment in oil and gas assets, as well as
At the moment,
VKIN hopes to spread its green, clean energy technology around the world through its 62.5% stake in the Canadian engineering and marketing company
Analysts gave SPI a buy rating as they believe the average price target on the stock is
On top of the strong rating from analysts, SPI also recently released its promising Q3 financials. Net sales were
SPI's CEO commented, "We generated double-digit year-over-year growth during the third quarter, driven by continued performance of our strategic investments and solar project development initiatives. Notably, our manufacturing facility in
FCEL's CEO,
Though the company's Q3 financials saw a larger loss than expected of
Renewable energy stocks are currently in high demand. As global awareness of the need to lessen our reliance on fossil fuels grows, many investors are turning to renewable energy businesses as a great way to capitalize on the industry's expansion, and high demand.
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