In December, Fortis raised $844 million in share offerings, selling $460 million worth to a group of Canadian banks and $384 million worth to a U.S. institutional investor. Accessed Sept. 22, 2020. American Water Works owns regulated and market-based water utilities in 46 states and one Canadian province, providing services to more than 14 million people. "Cleantech”—short for “clean technology”—refers to various companies and technologies that aim to improve environmental sustainability. The S&P 500's utility sector behaved anything but defensively in 2019, however. According to the U.S. Department of Energy, the clean energy industry generates hundreds of billions in economic activity and has rapid growth potential in the coming year. "A lot of those ESG funds use water utilities as a proxy of water scarcity," Angie Storozynski, managing director and senior analyst at Macquarie Capital, told CNBC in October. "The cost of renewables has come down substantially over the past five to 10 years, to the point where they are competitive even without subsidies," Chris Namovicz, the U.S. Energy Information Administration's renewable electricity analysis team leader said in a recent interview. As microinverters grow, Enphase is in a position to push into another valuable market in energy storage, where it's starting to introduce products and see some adoption in the market. Here are 13 dividend stocks that each boast a rich history of uninterrupted payouts to shareholders that stretch back at least a century. Among the best performers was Brookfield Renewable Partners LP (BEP, $47.11) – the 60%-owned renewable-energy affiliate of Brookfield Asset Management (BAM), one of the world's biggest alternative asset managers. Analysts generally like NRG stock, as indicated by eight Buy-equivalent ratings versus just two Holds. Algonquin Power & Utilities Corp. "Algonquin Power & Utilities Corp. Appoints Arthur Kacprzak as Chief Financial Officer." MS adjusted it twice more since then – up to $55 per share, then down to $54 in mid-December, that that's still a nearly 50% gain expected within the next year. Its North Battleford facility has a production capacity of 260 MW and supported by contracts until 2033. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. So, we generated criteria we use to find the best clean energy ETFs. Two wind farms are operating in Quebec while the Netherlands and Germany have one each. There's one company that I think has a better chance than the others to revolutionize energy and provide investors with multibagger potential. Examples of stocks that may be holdings in your clean energy stock ETF include companies like Tesla (TSLA), NextEra Energy (NEP), and Enphase Energy, Inc (ENPH). Or Trump? Alternative energy stocks, as represented by the iShares Global Clean Energy ETF (ICLN), have dramatically outperformed the broader market, posting a total return of 47.4% compared to the Russell 1000's total return of 12.6% over the past 12 months. These market performance numbers are as of September 21 and the statistics in the tables below are as of September 22. A nonrenewable resource is a natural substance that is not replenished with the speed at which it is consumed. Like Brookfield Renewable, NextEra has made a significant push into renewable energy. It's clearly on its way: In 2018, Eversource divested all its remaining fossil generation facilities. BEP looks positioned to be one of the best utility stocks not just for 2020, but the decade. Brookfield Renewable Partners LP. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! It isn't going to be a flashy company, but it'll be a steady dividend yield for investors. Algonquin Power (TSX:AQN)(NYSE:AQN) is the top choice because it provides both renewable and regulated utilities. This is a company that has its head up and is going to continue to be sustainable.". It's also expanding its customer base in multiple ways. Meanwhile, analysts' expectations for profits for full-year 2019 and 2020 both meet the company's internal goal of 5% to 7% annual earnings per share growth. Originally, the acquisition was expected to close in mid-2019. The deal was done to turn Aqua America into an energy infrastructure company, diversifying its revenue streams beyond water. Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Energy Stocks to Buy Right Now @themotleyfool #stocks $ENPH $BEP $BE, Why Plug Power, Bloom Energy, and Enphase Energy Stocks Just Crashed, Why Enphase Energy Stock Popped 7% After Earnings, Why Enphase Energy's Shares Plunged and Then Popped After Hours, Why Enphase Energy Stock Dropped 5% This Morning, Copyright, Trademark and Patent Information. Don’t take long deciding on going green. However, sector funds like these are not for every investor. Through infrastructure spending, it has reduced its annual water usage by 3.5 million gallons.