What are some alternative energy stocks?


Quick Answer

Some of the top alternative energy stocks for 2015 include Canadian Solar, Enphase and First Solar, according to Investopedia. Alternative energy includes any energy source that does not use fossil fuels. Companies that operate in alternative energy provide products, services and resources.

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Full Answer

Canadian Solar designs and develops alternative energy sources such as solar modules, solar cells and solar power products, states Investopedia. The company’s headquarters are in West Guelph, Canada, and the company operates globally in Canada, China, India, Germany and the United States. Enphase designs microinverter systems for the global solar industry. The company’s headquarters are in Petaluma, California. First Solar, headquartered in Tempe, Arizona, designs and manufactures solar power equipment systems and components.

Other alternative energy companies include NextEra Energy in Juno Beach, Florida, and Plug Power, in Latham, New York, cites Investopedia. Founded in 1997, Plug Power provides technology for the alternative energy sector. The company designs and develops fuel-cell systems and fuel-cell technology. NextEra Energy’s primary focus is the development of renewable energy that uses the sun and wind. The company also offers retail and wholesale electricity to nearly 5 million customers as of 2015. The company has two subsidiaries: NextEra Energy Resources and Florida Power & Light Company.

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