Canada Renewable Energy Stocks

The early 21st century saw rising interest in the renewable energy industry since many governments set long term renewable energy targets some chose to directly subsidize renewables electricity generators with feed in tariffs and other temporary measures to bridge the gap to full cost.

Canada renewable energy stocks.

Algonquin power utilities tsx aqn nyse aqn and three other renewable energy stocks are strong choices for access to this high growth market. Share prices as at february 18 2020 data obtained from s p capital iq greenlane renewables inc. A common misconception renewable companies aren t the new kids on the block. Even so canada s toronto stock exchange tsx is home to a variety of publicly traded renewable energy stocks that investors who want to know more about the renewable energy sector may want to.

However investors must pick stocks carefully since not all will. The renewable energy sector represents a massive opportunity for investors. A staggering 2 6 trillion has been pumped into renewable energy investments over the past decade with more dollars invested in renewables than in fossil fuels. The last of the top three renewable energy stocks to buy for 2021 is brookfield renewable partners l p.

Pattern energy group inc. Canadian renewable energy stocks. A growing number of renewable energy companies were listed on stock exchanges in the period after 2000. The top renewable energy stocks have a bright future.

Renewable energy provides nearly 20 of canada s energy supply with hydroelectricity accounting for over half of that. Brookfield is by far the largest stock of its canadian peers. Canadian crude index 40. This 5 8 billion firm is one of the two best pure play renewable energy companies and pays a 4 03 dividend.

Today we have identified four canadian renewable energy stocks that have seen significant returns year to date on higher than average volume.