Abi Bennetts https://www.money.co.uk 2m 401
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
The top 10 UK green stocks for your sustainable portfolio, with share increases of up to 1,785% in the last year
New research from
money.co.uk has revealed the top UK green stocks that have seen the biggest growth in 2020, with share increases of up to 1,785% in the last year.
Rank | Company | Ticker Symbol | Sector | Start of Year Share Price | End of Year Share Price | 2020 Increase |
1 | PowerHouse Energy Group | PHE | Renewable Energy | £0.52 | £9.80 | 1,785% |
2 | EQTEC | EQT | Renewable Energy | £0.18 | £2.59 | 1,339% |
3 | Ceres Power | CWR | Alternative Energy | £273 | £1,320 | 384% |
4 | Drax Group | DRX | Renewable Energy | £309.40 | £375.00 | 21% |
5 | SSE plc | SSE | Energy | £1,445 | £1,500 | 4% |
PowerHouse Energy Group (PHE) increased by a substantial 1,785% in 2020, from a share price of £0.52 at the beginning of the year, to £9.80 at the end of year. The renewable energy company was followed by EQTEC with an increase of 1,339% (£0.18 to £2.59) and alternative energy company Ceres Power (384%).
However many other companies analysed either stalled, or saw their share price drop, including Good Energy (-13%) and Greencoat UK Wind (-12%).
Top 5 global green stocks with the biggest growth in 2020
Rank | Company | Ticker Symbol | Sector | Start of Year Share Price | End of Year Share Price | 2020 Increase |
1 | Plug Power | PLUG | Alternative Energy | $3.24 | $33.91 | 947% |
2 | Tesla, Inc. | TSLA | Green Transport | $86.05 | $705.67 | 720% |
3 | Enphase Energy | ENPH | Solar Power | $29.34 | $175.47 | 498% |
4 | FuelCell Energy | FCEL | Green Transport | $2.01 | $11.17 | 456% |
5 | BYD Company | BYDDY | Green Transport | $10.09 | $52.77 | 423% |
Hydrogen fuel cell company, Plug Power saw their share price skyrocket by over 940%, from $3.24 at the start of the year to $33.91 by the end of 2020.
Tesla’s stock enjoyed a meteoric rise in 2020, growing by over 700% from the start of the year, before becoming the biggest company ever to join the S&P 500 Index in December, joining as the sixth-largest publicly traded firm in the country, behind the likes of Apple, Microsoft, Amazon, Google and Facebook.
Following this incredible surge, Tesla is worth around seven times as much as Ford and General Motors combined, despite selling a fraction of the number of vehicles.
Top 5 Green sectors with the biggest growth in 2020
Rank | Sector | Average Start of Year Share Price | Average End of Year Share Price | Average 2020 Increase |
1 | Green Transport | $26.54 | $198.25 | 647% |
2 | Alternative Energy | $4.83 | $22.92 | 375% |
3 | Solar Power | $33.00 | $106.86 | 224% |
4 | Renewable Energy | $20.66 | $38.05 | 84% |
5 | Wind Power | $35.10 | $63.69 | 81% |
Looking at which sectors saw the biggest growth in 2020, green transport took the lead, with an average growth of 647%, largely driven by the stocks of Tesla, although other companies in this sector which had a good year include BYD Company and FuelCell Energy.
You can see how 50 of the world’s biggest green companies and funds performed in 2020
here.
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![Top 5 UK Green Stocks With The Biggest Growth In 2020 [Infographic]](https://cdn.confessionsoftheprofessions.com/media/2021/02/header-solar-hero-850x486.jpg "Top 5 UK Green Stocks With The Biggest Growth In 2020 [Infographic]")
