Freeport McMoran, Southern Copper, Antofagasta, and
First Quantum all produce large quantities of copper.
Many smaller miners have popped up over the past decade that have solely targeted the metals needed to fuel the growth in electric vehicles, but larger multi-commodity miners have the diversity needed to offset any weakness in a particular market.
Companies that provide other materials needed to produce cars, electric or not, such as carbon fibre, aluminium, plastics and steel will also be well placed to benefit from any growth in the vehicle market.
Electric vehicle component stocks
Another way to approach the market is to consider the picks-and-shovel plays. These are stocks that provide vital components to the industry, meaning they benefit regardless of who wins the race to dominate the electric car market. In this case, that includes companies that provide parts that are needed by all types of cars.
Siemens Energy Signs Agreement To Build First-Of-Its-Kind Waste Heat-To-Power Facility In Canada
HOUSTON (BUSINESS WIRE)
Siemens Energy has signed an agreement with Canada-based TC Energy Corporation (TC Energy) to commission a novel waste heat-to-power pilot installation in Alberta. The facility will capture waste heat from a gas-fired turbine operating at a pipeline compression station and convert it into emissions-free power. The electricity produced will be put back into the grid– resulting in estimated greenhouse gas reductions of 44,000 tons per year, equivalent to taking more than 9,000 vehicles off the road.
The waste heat-to-power pilot installation in Alberta will capture waste heat from a gas-fired turbine operating at a pipeline compression station and convert it into emissions-free power. (Photo: Business Wire)
/PRNewswire/ The "Wind Turbine Operations and Maintenance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com s offering..
Renewable Energy Stocks - Investing in 2021 February 15, 2021 08:00 UTC Reading time: 24 minutes
Continued concerns about climate change and growing global energy demand are pushing many governments around the world to change their energy policy towards renewable energy. Some estimates suggest that by 2050, $13.3 trillion will be invested in energy production, 77% of which will be in renewable energy! Many investors are wondering how they can take advantage of this green mega-trend and invest in high yield renewable energy stocks.
In this article, I cover everything you need to know to start investing in this new, rapidly growing market in a strategic way.
Let s not waste any more time. Let’s begin!
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Siemens Gamesa Renewable Energy and CrossWind have executed a contract to deliver the turbines for the 759 MW Hollandse Kust Noord offshore wind park. It includes the supply of 69 SG 11.0-200 DD offshore wind turbines and a 15-year service and a maintenance agreement. Final conditions are planned to be met in the coming months, converting the contract into a firm order for Siemens Gamesa. The Notice to Proceed has been signed, following the issuance of the irrevocable permit from the Dutch authorities to CrossWind in December 2020.
The Hollandse Kust Noord project is the third project of the Dutch national offshore wind roadmap based on subsidy-free tenders. As the first project for Siemens Gamesa with joint venture partner Shell, and the second offshore project with joint venture partner Eneco, the companies are keen to join forces and create a broader renewable-energy future. CrossWind’s parent companies Shell and Eneco have already taken the Final Investment Deci