All of them have a place in the world of energy, but not all of them will be as successful or profitable as some of the others. Here’s a list of the top 10 most popular names in the green energy sector, as rated by Morningstar.
It’s hard to say whether biomass or solar will be more profitable in the future. In the meantime, both companies offer great opportunities for investors who can get in on the ground floor at a cheap price and reap profits in a hurry. Biomass offers large tax deductions and cash flow, making it attractive to both large and small investors. On the other hand, solar panels and wind turbines don’t provide as much in the way of incentives and have a long learning curve. Investors interested in these stocks should be prepared to hold for a bit until their technology becomes much more established and prices go back up.
Applied Micro Anemia
The two best known penny stock battery companies on the market today are Applied Micro anemia. Both of these companies enjoy good market reputations and a low valuation. They are both in the same family, however. There is an obvious attraction to small, start-up companies, as illustrated by penny stock battery companies penny listing magazines. As is the case with most start-ups, though, it takes time for an application to show its worth.
A number of new, smaller energy companies have emerged on the scene in recent years. Two of the biggest are Enervel and biomass producer Solyte. As with many companies in this industry, it’s a buyers’ market in energy trading penny stocks. That means that savvy investors have cash on hand to put into these kinds of companies, ready to ride the wave of green technology to ever sky. This also creates opportunities to scoop up a bargain price on the stock.
When examining penny stock, do not let the word “green” fool you. These energy companies generally sell you a product that burns toxic gases, emits emissions, or uses other methods to produce electricity. A recent article on Yahoo! Finance described some of the products that are commonly sold as being “green.” All of these products, the article pointed out, could have serious environmental consequences if used improperly or without regulation.
The bottom line is, though, that cheap green energy stocks have the opportunity to deliver big profits. They also carry less risk than more expensive, mainstream investments like utility companies or nuclear power plants. Many experts believe that the real promise of cheap green technology lies in the area of innovation. Innovations like carbon dioxide emission trading, or Cap & Trade, allow investors to make money when the cost of producing greenhouse gas emissions spikes up.
Efficient Wind Turbines
If and when this happens, the market will absorb the increased cost and pass it along to consumers. One of the most exciting areas of cheap green energy is wind power. Cheap, efficient wind turbines have been under development for years, but there is now significant interest in building out facilities to harness the power of the wind.
As the technology becomes more advanced and prices come down, this business has the potential to be one of the biggest green sectors for years to come. The key is finding those cheap green energy stocks that have the potential for growth. And that requires an investor who is familiar with all the developments, both positive and negative.
One company that has developed plans for new technologies that may help cut down on the problem of carbon emissions is Google, which recently invested a massive amount of cash in a wind farm in Wyoming. Although many experts are skeptical about the efficacy of large-scale efforts to cut down on greenhouse gases, the company is banking on the fact that people will want cleaner air if global warming is really a problem. For now, however, Google’s decision to put its weight behind wind power is just one example of how cheap green energy stocks can get started. Other companies, like Wal-Mart, are also looking for ways to produce wind power and other green technologies.