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Louis' Way to Play the Green Energy Boom


By Louis Navellier
Even with the coronavirus pandemic, 2020 was still a strong year for renewable energy. In the first quarter of 2020, renewable energy increased 1.5% from the same quarter a year ago. The rise was thanks in part to a 3% bump in renewable electricity generation and more wind availability in the U.S. and Europe.
The growing demand was evident in the 
Invesco Solar ETF’s (TAN) parabolic rise, which tracks renewable energy stocks. From December 31, 2019 to December 30, 2020, TAN surged a stunning 234%.
 
And it doesn’t look like the renewable energy sector will be slowing down anytime soon.
By 2027, the renewable energy market is estimated to be worth $2.9 billion, an 8.53% compound annual growth rate, according to Market Research Future. The reality is there’s been a big push for clean energy in recent years. 80% of the world’s biggest economies have pledged to be net zero by 2050. 284 multinational companies also pledged to be 100 ....

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