Now is the time to invest in clean energy stocks, according to financial analysts who predict their value will increase as the world transitions to green energy.
As Net Zero Investor reported, experts believe it’s now a “buyer’s market” in renewable energy stocks.
Tancrede Fulop, senior equity analyst at Morningstar, told the publication that stock prices for renewable energy developers are lower than expected, meaning it’s an excellent time to invest, as the green energy market is anticipated to grow significantly in the coming years.
While renewable stocks have taken a significant hit due to high interest rates and inflation, experts say the market has reached the end of a downward trend and will soon start to reverse.
Fulop explained that prices for power purchase agreements and construction costs for onshore wind are steady, while solar project costs continue to drop. These factors have contributed to a…
