The energy-storage market is an attractive one for investors looking for long-term returns, but how much should they invest?
In the energy-efficiency sector, there are many options, ranging from cheap power and storage to carbon-neutral options, and from traditional energy to renewable energy, says Ben Lintner, an energy analyst with Morningstar.
If you’re not yet comfortable with the idea of investing in the sector, here are the best options for energy-trending investors.
SolarCitySolarCity, +0.38% SolarCity has been one of the most innovative companies in the energy storage space over the past decade.
In 2016, SolarCity surpassed Tesla as the world’s most valuable electric vehicle manufacturer, according to the Wall Street Journal.
Its solar panel storage has made it the most efficient solar-panel manufacturer in the world.
Solar energy is the mainstay of solar installations, with the average installation cost at $14.36 per kilowatt hour (kWh), according to Bloomberg.
Solar City has had success in building and manufacturing solar systems that can be scaled up to more than 100,000 customers in over 50 countries, says David Bienstock, chief executive of SolarCity.
Solar Energy Systems (SEAS) and SolarCity are also developing a business model that will allow them to sell their energy-sink-storage system to other utilities, says Bienstam.
SEAS has about 5,000 residential and commercial customers and Solar Energy is about 30% of the global market, according the SES Energy Group, an industry group.
SEAs is also a supplier to utilities in Australia and New Zealand, which it says will enable the company to provide its system to customers for about $25 per kilo of capacity, says Lintners blog.
SEas has raised about $300 million in financing since it was founded in 2016, he writes.
“We’ve seen tremendous growth over the last year, and the company’s outlook is bullish,” Bienster says.
Solar Systems has an initial public offering, which is expected to close in 2021.
SEs is the second-largest U.S. solar company after SunEdison, and its shares have jumped nearly 400% over the same time period.
SEA’s shares have gained more than 80% over that time.
“It has been an amazing ride, with great growth in our business,” Brienster says of the company.
“I think Solar Systems is in a really good place.”
Wind Mobile, +1.07% Wind Mobile has been the dominant player in the U..
S., according to a recent report by Gartner.
It has grown its U., D and S lines of products from 30% to 80% in the past year, according an investor presentation from August.
It also has a market cap of $37 billion, up from $20 billion in 2017, according Biensts blog.
The company’s stock has been rising steadily since it began offering a solar-energy-storage battery in 2016.
The latest offering was on Nov. 12, 2018, when it raised $13.9 billion in a public offering that closed on Oct. 31, 2019.
It is the largest U. S. solar-solar battery developer, and has received regulatory approvals in seven countries, including the U of A, the U, Spain and Chile, according Gartners.
The solar-cell battery is made from a battery and a semiconductor, and it has a battery life of two years and a charge time of five hours.
Wind is currently developing its electric-vehicle battery, which will have a range of up to 130 miles, Bienstocks blog says.
Silevo, +2.15% The company started as a research and development firm for electric vehicle batteries, and now it is one of several companies looking to build and market solar-electric-vehicare products.
Silivotec, the company that makes Silevos battery, was acquired by Tesla Motors last year.
Its products are designed to store energy and deliver it to a vehicle, according its website.
It uses a battery-powered, self-driving vehicle, or SV, to accelerate and brake, according Tesla’s press release.
The Sileva, which has a range from 50 miles to more.50 miles, is an advanced battery that can store energy for up to 30 days.
The battery’s battery is designed to be rechargeable and rechargeable again in the event of a breakdown, according Silevec.
“Our batteries are the most advanced, safest, and most flexible battery technology in the industry,” says Sileveloc’s chief executive, Mark Tovar.
“The Silevera batteries will become the backbone of our future electric vehicles and will be one of our most important milestones for the automotive industry.”
Vivint Solar, +3.42% Vivint is a renewable energy