(2) Stability Of Returns
It is one of the investment-friendly reasons to invest in clean energy stocks. Wind energy & solar energy is pretty much constant & easily predictable on an average basis. Although, daily & seasonal ups & down may occur but projected returns are very much stable.
The subsidies or government incentives for installing renewable energy projects are also stable & will rise as per rising inflation. However, some concerns were raised over the reliability of existence of subsidy itself.
But the fears are calm down as government is increasingly enhancing the subsidy to boost renewable power sector. Electricity prices may rise in near future which in turn will boost the earning of companies involved in clean energy.
(3) One-Time Installation Cost
It is one of the great reasons to invest in renewable energy stocks. Renewable technology is relatively new but once turbines or some solar panels are installed they start working non-stop for several years except in some exceptional circumstances.
This non-stop working slashes the cost of installation of projects in renewable energy sector along with maintenance cost.
You can ripe these benefits of clean energy regime directly by investing in renewable energy projects or indirectly by investing in clean energy stocks.
- Renewable Energy Project: Shutterstock