10 Best Green Chip Stocks to Invest in Today (2024)

If you’re new to investing there’s a bit of a chance you still don’t know what stocks are or how they work. However, there’s an even bigger chance green stocks are not even in your stratosphere. No, not only that, but dozens of questions about green stocks and chips are likely to arise, for instance.

• What is green chip?
• What are green chip stocks?
• How do green chip stocks work?
• How to buy green chip stocks?
• Is investing in green chip stocks profitable?
• What are the best green chip stocks to buy?

Many socially conscious stockbrokers add green companies to their portfolios as part of the new swing towards environmentally-sustainable living.

However, green chip stocks are not like their counterpart, blue-chip stocks. Green chips can be riskier to invest in, and you have to know how to judge these companies.

When investing in green chip stocks, there are a lot of ups and downs. There are a lot of pros and cons to investing in green chip stocks.

Investing in green chip stocks companies can help you ease your conscience and do good for the environment.

What you need to look out for when investing in green chip stocks is the leadership and structure of the company you’re investing in.

You’ll want to find a company whose leadership has proven success in green technologies and companies that are growing fast and don’t rely on government subsidies to bring in income.

Governments globally are dedicating resources to making their countries greener and decreasing their carbon footprint. That being said, green chip stocks are usually high on buyers lists as the sector will see explosive growth in the coming years.

If you’re looking for the best green chips to invest today to give you a good return tomorrow, look no further than these ten stocks. This list of green chip stocks is a good choice for the environment and your finances.

1. Clearway Energy- Fastest Growing Green Chip

Clearway Energy is one of the most extensive clean power producers in the US. Its explosive growth over the last decade has made its stock very profitable.

They have several projects in the pipeline, from community solar stations to creating more wind turbines to fulfill the government’s desire for more clean power on the West Coast.

They’re only going to get bigger, and their attractive dividends are a sure return on your investment.

Their portfolio is mainly solar and wind power; however, it’s nicely complemented by natural gas and local energy assets. It’s excellent at providing shareholder value and a perfect option for those looking to invest in the energy industry.

Their mission is to provide the world with sustainable, clean energy, and if their recent years are anything to go by, they’re well on the way to their goal. They work tirelessly on all aspects of their industry and are looking to expand their market in the US in the upcoming years.

Pros

• Fastest Growing Company
• Diverse Portfolio
• High Dividends

Cons

• Uses Government Subsidies
• Difficult and Volatile Market

See Related: Best Portable Solar Panels for Home

2. NextEra Energy-The Biggest Clean Energy Provider

Speaking of sure returns, NextEra Energy began as the Florida Light and Power Company in 1925 and had been giving returns to shareholders ever since it went public in 1950.

Renamed NextEra Energy near the turn of the century, NextEra is one of America’s largest power producers. And they’re dedicated to going green.

Their projects include solar plants, wind turbines, hydroelectric, and other technologies to create clean power. With its fast adoption of green technologies, they’re positioned as one of the leading companies for the clean energy charge, making them a great company to invest in for a while.

NextEra is also the world’s largest solar and wind energy producer, putting them at the forefront of the change to a greener tomorrow. NextEra is a safe bet for those looking for long-term value and a company in a position to grow over the next couple of decades.

NextEra strives to innovate and provide clean energy for the US and beyond. As the largest provider of clean energy in the world, they’ve accomplished that and more.

They provide excellence in all aspects of their business and plan to expand into different renewable energy projects as time goes on.

Pros

• Largest Clean Energy Company in the World
• Lower Risk
• Good Track Record

Cons

• Wasn’t Always A Clean Energy Company
• Portfolio Mainly in Solar and Wind

See Related: Solar Farm Income Per Acre: How Much Can You Earn?

3. Brookfield Renewable- Most Accessible

Brookfield is a green energy power company specializing in clean energy producers.

Their diversified portfolio and multiple points of operation worldwide make them one of the best renewable power companies to invest in. With a varied portfolio and years of expertise, Brookfield is a safe investment for your money.

Their leadership knows their way around green technologies, and they’re positioned to grow in the upcoming years. They’re mainly based in hydroelectricity, but their portfolio includes solar, wind, and more.

If you’re wondering how their dividends are, they’re one of the highest in their field, and for those looking for a good return a couple of years from now, Brookfield is only going to get bigger.

Brookfield commits to being net-zero for carbon and strives to create sustainable, environmentally friendly businesses.

At the same time, they strive to create shareholder value with diverse income streams and wise investments.

If you’re looking for a green chip that makes value while retaining integrity, you can do no better than Brookfield Renewable.

Pros

• Completely Net-Zero
• Diverse Portfolio
• High Dividends

Cons

• Growing Slower Compared to Others
• Complicated Business Structure

See Related: Best Solar Energy Stocks to Invest in Today

4. SolarEdge Technologies- Best Solar

To effectively use solar power, you need to transfer the electricity from direct current, DC, to alternating current, AC. SolarEdge produces the appliances needed to convert that electricity, making them one of the most prominent solar power technology firms in the field.

They leverage their technologies by offering courses and certifications for installers, growing them from a small start-up in Israel to the global business it is today. They’re a significant player in the solar field, and that’s not likely to change anytime soon.

SolarEdge is positioned to grow with the solar industry, making them one of the most scalable green chip stocks you can invest in. Their technology is excellent for installers, and they offer courses for professionals to install solar power.

By fostering their market, they’ve become one of the largest solar technology providers in the world, and they’ll only continue to grow as people adopt more solar technology.

Pros

• Creates Their Own Market
• Provides Value to Customers and Shareholders
• Provides Needed Technology For Solar

Cons

• Not Directly Involved In Solar Generation
• Based in a Volatile Counrty

5. Nio- Best Electric Vehicle

Nio is a Chinese EV company looking to expand its business into Europe.

While Europe has a lot of automobile industries, they’re confident of the region’s long-term potential, and their impressive features and vehicles are likely to resonate with consumers. Nio is expected to become a big EV player in the coming years, so they’re a company to keep an eye on.

No vehicles are chock full of useful features, and they’re aiming to beat Tesla on their electric vehicle mile radius, making them a good bet in the EV field.

By expanding their market to the world, they’re looking to compete with big names like Tesla and Ford. Still, their innovative vehicles and impressive technology have the potential to make them a significant player in the EV field, so it’s best if you get in now.

Pros

• Impressive Technology and Features
• Growing On the World Stage
• Strong Foothold in Original Market

Cons

• Hard Market to Break Into
• EV Field is Competitve and Volatile

See Related: Best Robotics Stocks to Buy Now

6. Hannon Armstrong Sustainable Infrastructure Capital- Safest

This investment corporation invests solely in green companies. Hannon Armstrong requires companies to prove they are carbon-negative or carbon-zero before they support.

Being an experienced investor in green chip stocks, they’re safer to invest in, and you can rely on their experience in green chip investing to spend your money wisely. Their diverse portfolio can help you protect your interests while still investing in a cause you believe in.

They have great dividends and are positioned to grow in the coming years thanks to the environmental policies being created, as their portfolio will likely do well in the coming years.

They don’t rely on government subsidies to make money, so their income streams are very reliable. This may be a safer bet in the green chip investment field, but safe isn’t the same as unprofitable.

Their investment strategy is to invest in companies with superior technology, naturally leading to special returns. They balance risk in a volatile market by investing solely by the technology and experience of the leadership, making them an excellent option for beginners and experienced stockbrokers alike.

Pros

• Safest Green Chip Option
• Diverse Portfolio
• Dedicated to The Environment

Cons

• Slower Growth Compared to Non-Green Investment Companies

See Related: How Much is a Wind Turbine? Here’s What to Know

7. Ford – Most Reliable

Ford has been a cornerstone of the American automotive industry for over a century. They aim to stay that way by creating a new hybrid and electric vehicles lineup.

They aim to have 40% of their lineup electric by 2030, so they’re a great company to invest in right now. This green chip company is also a blue-chip.

Ford’s dedication to going green is matched only by its significant returns and dividends. This is a decidedly safe option for those looking to invest in a green company but likes fewer risks.

Ford is a good investment regardless of its green chip status. Still, their newfound resolve to produce more electric vehicles will help investors make a good choice for the environment and their portfolio.

It’s yet to be seen if they can tackle Tesla, but this American automotive brand has become synonymous with quality for many consumers, so they’re sure to find a place in the EV market.

Pros

• Blue Chip and Green Chip Company
• Strong Returns
• Lower Risk

Cons

• Less Green Than Other Companies
• EV Field Is Competitive

8. Beyond Meat-Best Food

This innovative company is the first mover in the market for plant-based meat products. Their products take much less carbon than their beefier counterparts while being healthier for diets.

Other meat-based companies are offering new lineups of plant-based meat, but Beyond is likely here to stay thanks to its early entry into the market and quality products.

A diet centered around plants is essential for reducing our carbon footprint, and Beyond Meat is a good investment in this industry. Plant-based foods put a lot less carbon into the atmosphere than their beefier counterparts, so Beyond is both helping the environment and offering a better diet.

Pros

• First Mover
• Firm Foothold In Market
• Quality Products

Cons

• Over-Saturated Market
• Bigger Companies Moving Into Market

9. UGE International- Best Structurally

Community solar power is a relatively new concept, but its potential is astounding.

Instead of installing solar panels on their property, homeowners and businesses can subscribe to power from a community solar farm to save money. This innovative concept is the backbone of UGE International, where they’ve stood by this concept since 2008.

It works like this. Someone can host a project on their land, earning a passive income.

Subscribers then pay for cheaper power from UGE projects, making them a tidy profit. It’s an ingenious way to give consumers solar energy without the messy installation on their property.

UGE’s explosive growth of the last decade is likely to continue as they grow their influence on the global solar stage. They currently have over 700 community solar farms people can subscribe to, and they’re located worldwide. As community solar power and solar as a subscription become more mainstream, they’ll grow their business.

Pros

• Innovative Structure
• Global Production
• Helps Communities and The Environment

Cons

• Still Small
• Structure Still Not Widespread

See Related: How to Buy Stocks Without a Broker

10. Atlantica Sustainable Infrastructure- Most Profitable

Atlantica is a sustainable infrastructure company dedicated to investing in clean energy companies.

Their diverse portfolio spans the globe, and they’re a great company to keep your stocks in. With nice dividends and positioned for growth, Atlantica will put your money to good use with them.

They’ve been around long enough to understand the clean energy business, and the management of their portfolio and companies has an outstanding track record.

They’re an excellent option for investors just getting into the clean energy market.

Atlantica’s drive and mission statement are to put good back into the world and create infrastructure to last through the next generation and beyond.

And make some money while they’re at it. Atlantica believes in investing for the future, both in the environment and your finances making them an outstanding green chip stock to invest in.

Pros

• Great Dividends
• Quickly Growing
• Diverse Portfolio

Cons

• Green Chips Are a Volatile Market
• Relatively New Investment Company

Related Resources

• Green Ammonia Stocks
• How to Buy Green Bonds
• Sustainable Finance: Different Types of Financing
• Best EV Charging Station Stocks