How to Invest in Renewable Energy Stocks
With climate change concerns rising, the global economy has been making an increasing effort to turn away from greenhouse gas-emitting fossil fuels and toward clean, renewable energy sources. From 2012 through 2017, the global economy spent a staggering $1.5 trillion to add 1 million megawatts (MW) of new renewable power capacity. As a result of that investment, there was enough renewable electricity-generating capacity to meet 24% of the world's power demand in 2017.
That's just the tip of the proverbial renewable energy iceberg. Developed countries will need to spend $11 trillion in the coming decades to become 100% powered by renewables. That's a massive market opportunity for companies operating in the renewable power sector.
This guide aims to provide investors with a broad overview of the entire sector. That way, those investors can better understand the different ways to invest in renewable energy stocks.
Source Fool.com
