Wind Farm Power Generation Dividends

Is Northland Power a good wind energy stock?

Northland Power also trades over-the-counter (OTC) in the U.S. under the ticker NPIFF. These are the top wind energy stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly YOY percentage revenue growth and their most recent quarterly YOY earnings-per-share (EPS) growth.

How many wind energy stocks does ETF hold?

As of mid-2024, it held more than 55 wind energy stocks. Of note, its top 10 holdings included Vestas Wind Systems, Siemens Energy, and NextEra Energy. The ETF has a heavy concentration of foreign-listed wind energy stocks; Denmark-listed wind stocks made up the largest country share of its portfolio, at almost 17%.

Are wind stocks a good investment?

Wind stocks benefit from many of the advantages wind energy has over other types of energy sources. Wind energy is a rapidly growing area of the alternative energy industry, and accounted for more than 10% of U.S. energy production in 2022.

How do wind producers make money?

Most wind producers sell power under government-regulated rate structures or long-term, fixed-rate power purchase agreements (PPA) that generate steady revenue. Although wind energy is growing in importance, few companies focus solely on manufacturing wind turbines and components or producing wind energy.

What is a wind power producer?

Wind power producers: These companies own and operate turbines that produce wind energy, which they sell to end users, such as electric utilities and large corporate buyers. Most wind producers sell power under government-regulated rate structures or long-term, fixed-rate power purchase agreements (PPA) that generate steady revenue.

What is a wind energy ETF & how does it work?

The ETF invests in pure-play wind companies that get at least 50% of their revenue from wind-related activities (60% of the fund) and diversified companies involved in some aspect of the wind energy industry (40% of the fund). As of mid-2024, it held more than 55 wind energy stocks.