4 Reasons to Invest in Renewable Energy Stocks
Renewable energy stocks have been on fire over the past six months as investors have realized the potential of this disruptive energy industry. As the cost to build wind and solar power plants has come down and their efficiency has gone up, we've seen them replace coal, nuclear, and in some cases even natural gas power plants. The chart below shows the long-term trends in solar, wind, coal, and nuclear energy production in the U.S. You can see that wind and solar are growing much more quickly than energy production overall and are taking market share from coal and nuclear power plants.