This is an updated version of an article originally published by the investing news.
Best solar panel companies to invest in.
Solar stocks as represented by the invesco solar etf have dramatically outperformed the broader market over the past year tan has provided a total return of 77 3 over the last 12 months.
According to the international energy agency global renewable energy capacity is on track to expand by 1 200 gigawatts gw from 2019 to 2024 with solar powering 60 of that.
Several renewable energy companies that focus on solar weren t quite as hot in 2019.
Because of that they appear to have compelling upside potential.
There are a number of ways to invest in solar energy and one that can pay dividends long term is owning yieldco stocks.
That s still the case if you make the right picks.
It tracks the mac global solar energy index and offers exposure to a broad basket of solar energy companies.
But going about this plan is a lot.