ET and is up by over 130% in the past year alone. PLUG stock currently trades at $34.60 as of 11:53 a.m. With its products, the company will replace lead-acid batteries to power electric industrial vehicles.
In fact, it has revolutionized the material handling industry with its full-service GenKey solution, which combines all necessary elements to power, fuel, and serves its customers. Plug Power is a renewable energy company that focuses on its modern hydrogen and fuel cell technology.
As of this week, the company is expanding its current partnership with SK eco plant, an affiliate of South Korean conglomerate, SK Group. According to CEO Badri Kothandaraman, Enphase is seeing a boom in its business despite the current global supply chain pressures.Įlsewhere, green energy firms such as Bloom Energy ( NYSE: BE) are making headlines as well. In it, the firm reported a record quarterly revenue of $351.5 million, marking a massive 96% year-over-year surge. Accordingly, this would be thanks to Enphase’s impressive quarterly earnings report posted after yesterday’s closing bell. The company’s shares are surging by a whopping 22% as of 11:24 a.m. As a leading name among solar stocks in the stock market now, Enphase continues to wow investors. In turn, this would mean that there could be plenty of funding heading towards the industry as well.Įvidently, we could take a look at the likes of Enphase Energy ( NASDAQ: ENPH).
Not to mention, governments across the globe are hard at work pushing their respective environmental agendas. Once you consider the ongoing climate crisis, the potential long-term growth prospects of clean energy stocks would be apparent. For the most part, this comes as no surprise given the growing case for the industry today. Notably, renewable energy stocks are also among this group of stocks in the stock market today. Throughout the Q3 earnings season, companies continue to impress across the board. Should Investors Be Watching These Top Renewable Energy Stocks Right Now?
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