Renewable Energy Stocks Had A Mixed 2021. Will 2022 Be Better?

Renewable Energy Stocks Had A Mixed 2021. Will 2022 Be Better?

That being said, this recent underperformance could be a buying opportunity. Renewable energy companies stand to benefit considerably from the mounting urgency to tackle climate change. Governments worldwide are likely to accelerate regulation favoring green energy alternatives while also investing more in low-carbon infrastructure. The addressable market for renewables is also sizable, as fossil fuels are a multi-trillion dollar industry. Within our theme Albemarle stock has been the strongest performer over 2021, rising by about 58%. The company is one of the world's largest producers of lithium, which is used in the batteries that go into electric vehicles and electric storage systems. On the other side, Sunrun stock has been the weakest performer, with its stock down by about 51% during 2021. The company designs develop, installs, and maintains residential solar energy systems. Below you'll find our previous coverage of the Renewable Energy REGI theme where you can track our view over time. Our theme on Renewable Energy Stocks – which includes U. S.-based solar panel manufacturers, lithium miners, and hydrogen fuel cell producers – has fared well in recent weeks. The theme remains up by about 25% year-to-date, roughly in line with the broader S&P 500. During our last