3 Renewable Energy Stocks to Buy If You Are Betting on Geothermal
Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) has usually been right when it comes to investing in long-term value creators. Among Berkshire Hathaway’s investments are a growing portfolio of companies that are in the business of geothermal power. As clean energy grows more prominent, knowing which geothermal stocks will be winners is critical. Berkshire also points out that “geothermal energy is so efficient, the only real source of energy loss comes from turbine friction.” While geothermal constitutes just 5% of renewable energy generation, the outlook seems promising. It might therefore make sense to consider some exposure to geothermal stocks. Last year, Vik Rao, former chief technology officer at Halliburton (NYSE:HAL), made an important point on geothermal energy. Rao pointed out that “geothermal is no longer a niche play. It’s scalable, potentially in a highly material way.” #energy #england #creator #companies #longterm #berkshire #value #portfolio #renewableenergy #stock ...
