Top 6 Wind Energy Stocks

Wind energy has long been one of the cornerstones of our civilization as it enabled many beneficial activities like pumping water, grinding grains, and, most importantly — facilitating trade and travel across vast bodies of water on our planet.

However, as early as 1887, wind power was harnessed for electricity production. With the growing global demand for energy and a shift toward cleaner power sources, wind power is one of the cornerstones for achieving an effort like the United Nations Sustainable Development Goal 7.

Wind energy gained a lot of momentum in the last few years, becoming the largest source of renewable energy in the U.S. — where it has reached a total capacity of 135,886 MW, providing almost 10% of electricity nationwide. According to estimates by the International Energy Agency, wind power generated 1,870 TWh in 2021, while the Net Zero initiative projects 7,900 TWh by 2030. To put that into perspective, that’s enough energy to power 8.67B average American homes for 1 month.

This need translates into an average expansion of 18% per year between 2022-2030, giving this sector a strong tailwind (pardon the pun). While China and the US stand out as global leaders, multiple large economies have launched their wind energy policies, including France, Brazil, the United Kingdom, Australia, and others.

There is more than one way to invest in wind energy. From distributed wind systems that fulfill the local demand, offshore wind projects that cover bodies of water, and wind farms that populate windy areas to wind product manufacturers with the potential to cater to all of the above. You could even take a step further and look into the manufacturing processes and research the companies that manufacture the composites, electronics and other components used within the industry.