Solar wind power stocks

What are the top wind energy stocks in 2023?

Wind energy produced 10% of U.S. power in 2023. Top wind energy stocks include NextEra, GE Vernova, and Vestas.

Is investing in wind energy a good idea?

While wind energy is gaining significance, investment opportunities in U.S. wind energy stocks are limited. Few companies focus solely on wind turbine manufacturing or wind energy production, and only a couple trade on major U.S. stock exchanges.

How many wind energy stocks does the ETF hold?

As of mid-2024, the ETF holds more than 55 wind energy stocks.

How many wind energy companies trade on major U.S. stock exchanges?

Only a couple trade on major U.S. stock exchanges. That leaves investors with few domestic pure-play wind energy investment opportunities. Although wind energy is growing in importance, few companies focus solely on manufacturing wind turbines and components or producing wind energy.

Who do wind power producers sell energy to?

Wind power producers sell energy to end users, such as electric utilities and large corporate buyers. These companies own and operate turbines that produce wind energy, which they sell to end users under government-regulated rate structures or long-term, fixed-rate power purchase agreements (PPA) that generate steady revenue.

What is a wind energy company?

A wind energy company is a business that focuses on generating power from wind. This can involve manufacturing, selling, installing, and servicing wind turbines, as well as developing and operating wind farms. Examples include global energy companies, wind turbine manufacturers, and clean energy infrastructure companies with significant wind assets.