Market cap: C$209.8 million; current share price: C$13.12. Polaris … These activities mostly pertain to the Putumayo Basin in Colombia as well as the Oriente Basin in Ecuador. Additionally, natural gas prices tend to be more stable than diesel. Climate policy in Canada is less ambitious than it has been in the past, according to the CCPA, and it has identified core roadblocks to renewable energy policy developments, including Canada’s reliance on fossil fuels such as oil, and the absence of supply-side energy policies. With both of these seeing heightened interest from investors, SWN stock could be one to watch. Both of these countries have also put significant emphasis on their desire to have mining operations continue in the near future. The plants are located in Canada, Germany, Laos and Malaysia. In addition, it manufactures critical precursors and key enablers in industries such as clean energy, electronics, pharmaceuticals, medical imaging, paint pigments, security and surveillance. Your trusted source for investing success. The companies below fall under the energy stock subsectors of renewable energy equipment manufacturing and tech, energy efficiency and renewable energy production and distribution. 2021 is expected to be a huge year for penny stocks. For example, it builds natural gas injectors and fuel tank systems. From moving water and natural gas to solar, geothermal and ocean energy, renewable energy is defined by Natural Resources Canada (NRA) as “energy obtained from natural resources that can be naturally replenished or renewed within a human lifespan.”. This $5.8 billion firm is one of the two best pure-play renewable energy companies and pays a 4.03% dividend. Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio: Renewable Energy Group Inc. 55.37: 2.2: 3.9: Canadian Solar Inc. 39.71: 2.3: 11.5 Let’s start with some Canada’s renewable energy boom. In fact, the country is the second largest producer of hydroelectricity worldwide. This could mean a bullish trading pattern for fossil fuel-based energy in the next few months. Renewable energy has become an increasingly important part of how clean energy is produced. Industry: Utilities. Wind power, solar power and other alternative energy sources have a lot of conceptual and emotional appeal as … Renewable Energy Stock: Ticker. Best Renewable Energy Stocks – Clean Energy Stocks March 2021 Disclaimer: The writer of this article may have positions in the securities mentioned in this article. Polaris Infrastructure is principally engaged in geothermal and hydroelectric projects in Latin America. The list below was created using the most recently updated list of 29 TSX energy stocks in the cleantech sector. Will This Be A Big Week For Biotech Penny Stocks? Atlantic Power operates 26 power generation assets in 11 US states and two Canadian provinces. 4 To Watch Today. For full details go to https://investingnews.com/accredited-investor-definition/ or search for "accredited investor" in the search bar above. The company also operates the Casita project in Nicaragua. During the trading day, shares of SWN shot up by a solid 12.8% or so. The Lundin Group has its headquarters in Vancouver, BC. A growing number of renewable energy companies were listed on stock exchanges in the period after 2000. With a 10% gain on January 5th as of midday, shares of QEP stock … Second, we have renewable energy penny stocks. In the past month, shares are up by around 20%; and since October, shares are up by around 50%. The fact they hold positions in securities has had no impact on the production of this article It currently has one project, the Canchayllo hydroelectric power plant, which has 5 MW of power. Some investment opportunities are limited to accredited investors. If you want to add some growth and dividends to your portfolio, it is a good idea to look at these three companies.The post 3 Powerful Renewable Energy Stocks for a Rocky 2020 appeared first on The Motley Fool Canada. https://www.fool.ca/2020/06/16/4-renewable-energy-stocks-for-tsx-investors ... Renewable energy stocks … Penny Stocks to Watch #3: Ocean Power Technologies Inc. Boralex Inc. (TSX:BLX) is one of Canada’s most ambitious renewable energy firms. In October, the company completed a public offering of around 51 million common shares. BWX Technologies owns and operates 12 major operating sites in the U.S. and Canada. Energy Penny Stocks to Buy [or avoid] #3: Denison Mines Corp. Denison Mines Corp. is different than the other penny stocks on this list in that it explores and develops uranium. The company stated that the Columbian government has allowed for tax refunds and extensions on certain contractual obligations. The company states that it has a 90% interest in the Wheeler River Uranium project which is located in Canada. At the end of 2019, the company stated that it had around 12,721 billion cubic feet of natural gas equivalent (Bcfe). Although it operates 262 megawatts (MW) of power, its New Jersey Chambers Cogeneration coal project is Atlantic’s only coal project in operation. While KOS stock is definitely volatile due to its penny stock pricing, it has shown a great deal of bullish interest from investors this month. Penny Stocks (PennyStocks.com) is the top online destination for all things Micro-Cap Stocks. With this, it was able to raise almost $19 million. While the uranium market does move slower than traditional energy markets, bullish interest continues to look high. Energy penny stocks have become some of the most popular investments in the COVID-era of trading. Energy stocks were trading near all-time lows, and it didn’t look like the oil sector would ever recover. … Sign up today for Free! He is currently looking for a money management firm to sponsor what he believes would be the first dividend income oriented green mutual fund, based on a strategy, the Green Global Equity Income Portfolio, he has been managing since December 2013. Your email address will not be published. Renewable Energy Group stock. One of the main factors for the growth of oil and gas penny stocks is a COVID vaccine. 1 With 102% Target, Top Mushroom Penny Stocks To Watch For 2021, 5 Penny Stocks To Watch Before Next Week, Epicenter Stocks In Focus, Best Penny Stocks To Buy Under $5? Free Reports for New Investors. Tesla Inc. TSLA: NIO Inc. NIO: Workhorse Group Inc. WKHS: General Motors Co. GM: Kandi Technologies Group Inc. KNDI: Ford Motor Co. F: … Energy Penny Stocks to Watch: Gevo Inc. Gevo Inc. (GEVO Stock Report) is an interesting energy penny stock in that it is quite different from most others. BONUS: Canada’s Top Sustainable Stocks. It also operates recycling plants to aid in the extraction of these materials. Whether or not this makes the list of penny stocks to buy right now remains up to investors. Don’t forget to follow us @INN_Technology for real-time news updates! Westport Fuel Systems supplies renewable energy systems for the transportation industry. First, the election of Joe Biden means that the U.S. will move toward becoming fully renewable energy-based within the next few decades. We strengthened our position as a premier producer in the Appalachia basin with an at-market, accretive acquisition that provides a step change in free cash flow. Currently, the company has around 5% of its capital going to exploration activities. Precious Metals Outlook: CEO’s, Analysts on Gold, Silver and Platinum, Resource Investing in Australia: Stocks to Watch, Tech Forecast and Promising Tech Stocks To Buy, Life Science and Healthcare Investing in 2021, Psychedelics Outlook - Plotting a New Course, Archived - Coronavirus Investing: An Overview for Investors, Archived - Pharmaceutical Investing Principles And Pharmaceutical Stocks To Buy, Archived - Biotech Investing - Top Stocks, ETFs and Future Prospects. The company states that the proceeds from this offering will be used in the evaluation and assessment of activities at the Wheeler River project. Xpeng Inc. (NYSE:XPEV) Xpeng is a relative newcomer in the electric vehicle scene, but it has seen … NextEra Energy (NEE) Not only is NextEra Energy (NYSE:NEE) the world’s largest utility, it’s also the … This deal should bring in around $95 million in funds as well as potential future payments of $100 million or so. First Solar (FSLR) First Solar has been just as explosive, running up from a July low of $50 on Biden … Brookfield Renewable Partners L.P. is a company that owns and operates assets in renewable power, with headquarters in Toronto, Ontario, Canada. On December 10th, shares of GTE stock were up by as much as 8% or so during intraday trading. Energy giant Enbridge (ENB) generates, distributes, and transports energy across Canada and the U.S. Through its subsidiary, Polaris Energy Nicaragua, Polaris operates and owns the San Jacinto-Tizate geothermal project. The NRA states that renewable energy accounts for roughly 18.9 percent of Canada’s energy supply, with moving water — or hydroelectricity — accounting for 59.3 percent of its renewable electricity generation. “Hot” theme investments like renewable energy penny stocks, generally will only offer very limited investment potential for the foreseeable future. According to the NRA, Canada can maintain its annual natural gas production output for the next 300 years. Market cap: C$71.8 million; current share price: C$0.22. Brookfield Renewable energy stock. With all of this in mind, let’s take a look at four energy stocks to watch as covid vaccines hit the market. If it’s tough to follow a winner, 2020 is going to be an especially tough year for my Ten Clean Energy Stocks … By selecting company or companies above, you are giving consent to receive communication from those companies using the contact information you provide. These companies have seen a great deal of bullish momentum for two reasons. We will also add your email to the PennyStocks.com premium newsletter. Denison Mines Corp. is different than the other penny stocks on this list in that it explores and develops uranium. Southwestern Energy Company is another big gaining energy penny stock on December 10th. The company also stated that it believes 2021 could have a great deal of growth for it. More specifically, 5N’s portfolio of sustainable products includes pure metals, such as zinc, that are used for semiconductors, and chemicals such as cobalt nitrate that are used in batteries. 5 Top Weekly TSXV Stocks: St. James Rises 30 Percent, 5 Top Weekly TSX Stocks: Oil and Gas Stocks Surge, Cannabis Weekly Round-Up: US Sales Reach Over US$17 Billion in 2020, US Focus Could Drive M&A for Canadian Cannabis Operators, Start Here! Renewable energy companies such as Innergex Renewable Energy Inc. (TSX:INE) have held up quite well over this very volatile period. Best Value Alternative Energy Stocks . Precursors are the chemicals used to manufacture pharmaceutical drugs, for example. The contingent payments locked into the agreement with Shell ensure we retain upside from frontier exploration with no further investment.”. The company states that it has a 90% interest in the Wheeler River Uranium project which is located in Canada. On December 10th, shares of KOS stock are up by as much as 13.7% during intraday trading. This includes both Colombia and Ecuador. Renewable energy as an asset class is booming around the world, as wind and solar power plants become more competitive against fossil fuels. The goal is to begin seeing higher demand as covid hopefully lessens in severity in the coming months. All companies listed had market caps between C$50 million and C$250 million as of June 11, 2020. Click here to view full chart and company information. The company has hydro, natural gas, biomass and coal assets. We have limited the number of investor kits you can request to 20. These companies saw a large drop in value as demand for fuel shot down earlier in the year. For Q3 2020, Northland Power reported a … Since 2005, Canada has reduced its greenhouse gas emissions by 2 percent, but the Canadian Center for Policy Alternatives (CCPA) says that the nation will likely fall short of reaching its 2030 targets. The largest shareholders of Etrion are the Lundin family, who have an estimated 36 percent stake in the company. These Rocked Portfolios Over The Last 15 Months, 5 Hot Penny Stocks Webull Traders Are Watching Right Now. Be sure you don’t miss a post by subscribing to our newsletter. The majority of its renewable energy operations are in Eastern Canada, although it operates a pair of facilities in Saskatchewan. In July, the company announced that its Wheeler River project would be up and running once again following a covid-related shutdown. Putting this in perspective, around the world there are a total of 22.5 million natural gas vehicles in operation, indicating that natural gas output is showing few signs of diminishing growth. Market cap: C$223.9 million; current share price: C$1.68. Tom Konrad, PhD., CFA is a portfolio manager, financial analyst, and freelance writer specializing in renewable energy and energy efficiency. The company states that its primary assets are located in South America. And remember you can unsubscribe at any time. PennyStocks.com is the #1 resource for all things Penny Stocks. Capital Power Corporation (CPX.TO) Dividend yield: 5.5% Market cap: $3.7 billion. Sixty per cent of the company is owned by Brookfield Asset Management. The top renewable energy stocks have a bright future. 5N Plus produces sustainable metal and chemical products. Required fields are marked *. In the past month, shares have shot up by over 85%, and since September, around 120%. Select 20, complete the request and then select again. In the report, the company stated that it recently resumed production at its key locations following a covid-related shutdown. QEP Resources Inc. is a penny stock that we have covered several times in the past few months. Market cap: C$252.04 million; current share price: C$2.71. Two projects, El Carmen and 8 de Agosto, are under construction and are slated to provide a combined 17.4 MW of hydroelectric power in the future. Silver and Gold Manipulation: Are the Prices Suppressed? The company states that it has assets around the world in areas such as Ghana, Equatorial Guinea, and the Guld of Mexico. In addition, the ending of covid would be a large benefit to the renewable energy market. Through its four core divisions — light original equipment manufacturing (OEM), heavy duty OEM, aftermarket systems and Cummins Westport — Westport develops energy-efficient fuel components systems. As a large energy company, SWN has benefitted from vaccine hopes in the U.S. and abroad. When it comes to energy stocks, there are two distinct areas of the market. Polaris Infrastructure (TSX:PIF) Market cap: C$209.8 million; current share price: C$13.12. The company works by utilizing a full-cycle deepwater drilling method in order to produce oil and gas. Southwestern Energy Company works similarly to Kosmos in that it explores and develops natural gas and oil. Additionally, because it has resumed work at its Wheeler River project, the company should be on target to reach its uranium goals for year-end 2020. The nuclear stock has a market cap of $5 billion and has an EPS of $2.88. Starting today, we are delivering on our commitment of at least $30 million in synergies.”. Recently, the company announced its 2021 capital budget as well as a financial update. Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide. Renewable Energy Group is a production company focusing on biodiesel. Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com, Your email address will not be published. Recently, Kosmos Energy announced that it has closed on a transaction to lower its interests in Suriname and other areas in Africa. In North America, there are currently 225,000 natural gas vehicles in service. The projects sell electricity to utilities and other commercial customers that are mostly under long-term power purchase agreements. These are companies that produce anything from solar/wind power to natural gas. The company states that this resource could yield up to 132 million pounds of 3.3% grade uranium. The renewable energy sector represents a massive opportunity for investors. Northland Power Inc.: Northland Power is a Canada-based diversified energy company with assets in wind, natural gas, and solar. With 77 MW produced at its geothermal project in Nicaragua, Polaris is among the top renewable energy producers in the country. First, there are energy penny stocks that deal with oil and natural gas. 4 To Watch Today. Yet, I think Warren Buffett saw a great opportunity to buy a strong asset in a bad market. Its Chilean operations are located in Salvador, where it runs a 70 MW project. If you want more than 20 investor kits, you need to make multiple requests. With projects across Japan and Chile, Etrion has developed over 750 MW of solar power since 2012. For some context, Wheeler River stands as the largest undeveloped uranium project in the Athabasca Basin. Get the latest information about companies associated with Cleantech Investing Delivered directly to your inbox. Editor’s note: After a two-year hiatus, Tom Konrad’s popular series, 10 Clean Energy Stocks, makes a comeback in 2020. Companies are listed in order of market cap size from largest to smallest. Gran Tierra Energy Inc. operates as an international energy company working on both oil and natural gas exploration. This is an updated version of an article originally published by the Investing News Network in 2017. Northland’s growth (31% CAGR) over the last three years is nothing short of incredible. Kosmos Energy Ltd. is an independent oil and gas exploration company working in the Atlantic. [Read More] Best Penny Stocks To Buy Under $5? It has launched solar sites in Mito, Misawa, Shizukuishi and Komatsu in Japan. Because of its solid financial situation and the recent uptick in demand for uranium, Denison Mines has seen a lot of popularity in the past few months. The 1970s brought us the beginning of the liberalized energy market. Polaris also operates hydroelectric power plants in Peru. If a vaccine can see widespread adoption and covid comes to an end, there’s no doubt that energy consumption would go up. On PennyStocks.com you will find a comprehensive list of Penny Stocks & discover the Best Penny Stocks to buy, top penny stock news, and micro-cap stock articles. CEO of the company, Bill Way, stated that “this strategic transaction represents another deliberate step in our disciplined repositioning strategy. The proceeds enable Kosmos to strengthen the balance sheet while accelerating high graded exploration opportunities in proven basins. Whether you are an accredited investor or not depends on where you live and other criteria. An Immediate Stock Alert is Being Called On: Algernon Pharmaceuticals Inc. (OTC:…, An Immediate Stock Alert is Being Called On: IMC International Mining Corp…, Penny Stocks Can Still Offer Opportunities Even If You Can’t Be A…, The Coronavirus Has Investors Curious About What Penny Stocks To Watch Unless…, Looking For Penny Stocks To Buy? Now, around eleven months after the pandemic began, we are beginning to see hope from investors for greater energy demand. Momentum is building for renewable energy. This means that it is a part of the fossil fuels industry as well as the renewable energy market. Andrew Inglis, CEO of the company stated that “we are pleased to complete this transaction with Shell on schedule. Here’s how to invest in Canadian renewable energy stocks on the TSX as the sector positions itself for accelerated growth. But renewable-energy stocks … Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article. Market cap: C$140.2 million; current share price: C$1.64. One of the things that separates Southwestern Energy from other energy penny stocks is that it produces both natural gas and oil. A growing number of sustainable energy investments are available for investors who want exposure to renewable energy stocks … In November, Southwestern Energy announced that it had completed the acquisition of Montage Resources. 5 Best Penny Stocks To Buy After Pfizer’s FDA News? During 2020, Denison Mines has been working on several key projects. There are a few key reasons why these have shot up so much in value in the past few months. Overview: Energy Penny Stocks There are plenty of penny stocks to trade today, but this was not always the case. With 5G penny stocks continuing to be in focus, EMKR stock could remain on the top of investors watchlists. Penny Stocks on Robinhood To Watch If Energy Is Your Focus In March 2021. In the past month, shares have shot up almost 70%; and since November, around 100%. 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 look into. Ocean Power Technologies Inc. is as the name suggests, a producer and provider of cost-effective power technology that utilizes energy from the ocean.