Annual Global Renewable Energy Investment Could Reach $2.9 Trillion in the Next 5 Years. Here's 1 Top Renewable Energy Stock to Buy.
The money is being lined up. As for which companies will get the lion's share of it, look for the names that solve the biggest problems the best way possible.
Annual Global Renewable Energy Investment Could Reach $2.9 Trillion in the Next 5 Years. Here's 1 Top Renewable Energy Stock to Buy.
Overview
In their infancy, renewable energy sources like solar and wind power faced plenty of skepticism. Now they're the inevitable future. BloombergNEF, in fact, predicts the planet's annual investment in the transition from the old energy paradigm to a more sustainable one will swell from last year's $2.3 trillion to $2.9 trillion by 2030.
The question for investors is, how does one best capitalize on the growth opportunity at hand? A company called Bloom Energy (NYSE: BE) is a pretty good bet.
Details
It's certainly not a household name like Tesla or utility outfit Constellation Energy, which has a massive nuclear power portfolio. Indeed, there's a good chance you've never even heard of the $100 billion company.
Source
Originally published at www.fool.com.
