Clean Energy Stocks in the Climate Index

From solar, to grid expansion, to green utilities, to energy storage, to fuel cells, to methane digesters, to nuclear, to microgrids, to wind energy, and yieldcos, see below for the full list of every renewable and clean energy stock in Carbon Collective's Climate Index.

We cannot solve climate change without 100% clean electricity.

A key part of solving climate change is to “electrify everything” and transition our civilization from burning fossil fuels to run our cars, homes, buildings and businesses to using only electricity. In order for that to be a better solution though, that electricity must be generated without carbon emissions. Some estimates say this transition needs to finish by 2050, others say 2035. Luckily, the economics favor a rapid expansion to clean up electricity production. Solar is already the cheapest form of electricity. Wind isn’t far behind. The economics of coal and natural gas are already struggling in competition. It’s just now a matter of speed and scale.

Do note that we include nuclear as an important part of a clean energy system.

This is no small task.

Today, clean & renewable energy represents a fraction of our electrical production. To meet this critical climate goal, not only do we need to replace all coal, oil, and natural gas power plants with zero-carbon alternatives (see below for the full list), but we need to strengthen the electrical grid to handle a far heavier, more variable electrical load.

The clock is ticking.

The clean energy stocks below represent some of the largest companies in the space. And it’s more than just solar and wind, but a range of zero-emission power systems that can integrate together to provide electricity 24/7, 365 days a year. While we need many new upstarts to come and disrupt with new, better technologies (and don’t worry, we’ll add them as they come along), we need the existing players to scale as rapidly as possible. The clock is ticking and the race to 100% clean electricity is as much about technology advances–batteries and storage–as it is about massively scaling manufacturing–solar manufacturing capacity needs to ~5x from 2019 - 2020.

This list represents all of the clean energy companies traded on the New York Stock Exchange (except for penny stocks whose share prices were less than $0.50 in our last update). Those who are innovating, building a better solar panel, and those who are just focused on scaling their core business as quickly as possible.

If you are a Carbon Collective member, you own all of these companies through the Climate Index.

Filters:

Index Status:

Pure Play

Passed Exclusionary Filter

Failed Exclusionary Filter

Lacks Proper Information

% ALLOCATED	Company Type	Company	Category	DESCRIPTION
0.24%	Geothermal	AAON	Passed Revenue Filter	AAON sells geothermal/water-source heat pumps, a Drawdown solution. It derives no revenue from products built specifically for the fossil fuel industry.
4.34%	Grid Expansion	ABB	Passed Revenue Filter	ABB makes most of its revenue from grid flexibility and EVs through the sale of substation packages and charging infrastructure. It receives no revenue from products specifically built for the fossil fuel industry.
-	Energy Storage	Advanced Energy Industries	No Drawdown Solution	Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution
0.03%	Hydrogen	Advent Technologies Holdings	Pure Play	Advent sells components that influence the performance of hydrogen fuel cells to power, aviataion, automotive markets, and more.
-	Biomass	Aemetis	Fails Biofuel Filter	Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter
-	Energy Storage	Albemarle	Failed Revenue Filter	Albemarle produces lithium compounds promoting energy storage, a Drawdown solution. It however makes more of its revenue from other compounds like bromine that have end-markets in the fossil fuel industry due to applications, such as oil and gas well drilling and completion fluids.
0.71%	Electrical Utility	Algonquin Power & Utilities	Passed Utility Filter	Algonquin produces 68% of its power from renewables and 28% from mixed sources. Even if all power produced from mixed sources was from fossil fuels, Algonquin would still have >50% power from non fossil fuel sources. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
-	Electrical Utility	ALLETE	Lacks Sufficient Information	Allete did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Electrical Utility	Alliant Energy	Failed Utility Filter	Alliant produces 86.29% of its power from fossil fuels and 13.71% from renewables.
-	Electrical Utility	Ameren	Lacks Sufficient Information	Ameren did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Electrical Utility	American Electric Power	Failed Utility Filter	American Electric Power produces 73% of its power from fossil fuels, 17% from renewable sources, 7% from nuclear, and 3% from energy efficiency.
-	Wind Turbines	Arcosa	Failed Revenue Filter	Arcosa services wind farms and utilities to improve grid flexibility. It however makes more revenue from its storage, transportation, and construction products that serve the fossil fuel industry.
-	Biomass	Argan	Lacks Sufficient Information	Argan has a gas fired plant as well as providing services for other Drawdown solutions. It is unclear which it derives more revenue from.
0.17%	Solar PVs	Array Technologies	Pure Play	Array sells solar tracking systems that use machine learning to identify the best positioning for a solar array to increase energy production.
-	Electrical Utility	Atlantic Power	Failed Utility Filter	Atlantic produces 70% of its power from fossil fuels, 20% from non fossil fuel combustion, and 10% from renewables.
0.28%	Yieldco	Atlantica Sustainable Infrastructure	Passed Utility Filter	Atlantica produces 55.76% of its power from renewables and 44.24% from fossil fuels. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
1.30%	Electrical Utility	Avangrid	Passed Utility Filter	Avangrid produces 91.95% of its power from renewable sources, 7.42% from fossil fuels, and 0.63% from non fossil fuel combustion. It does not use coal for power generation. It exceeds state regulations.
-	Electrical Utility	Avista	Failed Utility Filter	Avista produces 55% of its power from renewables, 43% from fossil fuels, and 2% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 9% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.
0.07%	Solar PVs	Azure Power Global Limited	Passed Utility Filter	Azure produces 100% of its power from renewables. It does not use coal to produce any of its power and exceeds what is required by local regulations.
-	Nuclear Power	AZZ	No Drawdown Solution	AZZ sold their nuclear logistics business and therefore no longer produces a Drawdown solution
-	Waste to Energy	Babcock & Wilcox Enterprises	Lacks Sufficient Information	Babcock & Wilcox produces waste to energy and biomass solutions, both Drawdown solutions. It also works on carbon capture technologies, but not storage which we would define as fossil fuel revenue. A revenue breakdown is not present
0.35%	Hydrogen	Ballard Power Systems	Pure Play	Ballard sells proton exchange membrane fuel cell to transit bus, rail, critical infrastructure industries, and more.
0.02%	Methane Capture	BioHiTech Global	Pure Play	BioHiTech sells biodigesters that enable schools, hospitals, and grocery stores to turn organic waste into fertilizer & fuel instead of going to rot in landfills.
-	Electrical Utility	Black Hills	Failed Utility Filter	Black Hills produces 90.99% of its power from fossil fuels and 9.01% from renewables.
-	Fuel Cells	Bloom Energy	Failed Revenue Filter	Bloom Energy's Energy Servers can operate using both hydrogen and biogas, both climate solutions, but a majority of its Energy Server's use natural gas. This use of natural gas is considered fossil fuel revenue, particularly because we don’t want to lock in natural gas emissions by a commitment to weak transitionary infrastructure.
0.02%	Wind Turbines	Broadwind	Passed Revenue Filter	Broadwind derives the majority of its revenue from the promotion of wind energy, a Drawdown solution, through selling steel towers and adapters to wind turbine manufacturers. It receives a smaller portion of its revenue from selling gearing, gearboxes, and systems to the oil and gas industry, which is categorized as fossil fuel revenue.
-	Electrical Utility	Brookfield Infrastructure Partners	Lacks Sufficient Information	Brookfield Infrastructure did not provide complete enough power generation info to determine if they pass or fail the utility filter
0.96%	Yieldco	Brookfield Renewable	Passed Utility Filter	Brookfield produces 97.24% of its power from renewables and 2.76% from unknown sources. Even if the unknown sources were all fossil fuel, it would still have >50% non fossil fuel power generation. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
-	Nuclear Power	BWX Technologies	Failed Defense Filter	BWX performs fabrication activities for missile launch tubes for US submarines, which fails the defense filter as this would be classified as weapons related.
0.61%	Nuclear Power	Cameco	Pure Play	Cameco mines and sells uranium for the purposes of nuclear fuel production.
0.16%	Solar PVs	Canadian Solar	Pure Play	Canadian Solar sells solar ingots, wafers, cells, modules, panels and other solar power products.
-	Microgrid	Capstone Green Energy	Failed Revenue Filter	Capstone Green Energy produces microgrids and microturbines with renewable applications, both of which are Drawdown solutions, but receives the majority of its revenue from application of its microturbines to fossil fuel industries.
-	Microgrid	Capstone Turbine	Failed Revenue Filter	Capstone Turbine produces microgrids and microturbines with renewable applications, both of which are Drawdown solutions, but receives the majority of its revenue from application of its microturbines to fossil fuel industries.
0.28%	Methane Capture	Casella Waste Systems	Passed Revenue Filter	Casella Waste Systems derives its revenue in part from recycling, a Drawdown solution, and has landfill gas to energy operations, another Drawdown solution, at over 50% of the landfills it owns. It receives no revenue from products built for the fossil fuel industry.
0.02%	Energy Storage	CBAK Energy Technology	Pure Play	CBAK makes 100% of its revenue from selling lithium batteries that are used in EV, electric tool, and energy storage applications.
-	Electrical Utility	CenterPoint Energy	Failed Utility Filter	CenterPoint produces 99.6% of its power from fossil fuels, 0.23% from non fossil fuel combustion, and 0.16% from renewables.
-	Electrical Utility	Centrais Elétricas Brasileiras - Eletrobrás	Failed Utility Filter	Centrais Elétricas Brasileiras - Eletrobrás produces 92.45% of its power from renewables, 3.89% from nuclear, and 3.66% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 0.68% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.
-	Electrical Utility	Central Puerto	Failed Utility Filter	Central Puerto produces 67.13% of its power from fossil fuels and 32.87% from renewables.
0.05%	Nuclear Power	Centrus Energy	Pure Play	Centrus sells various components of nuclear fuel eg. parts of low-enriched uranium, and the provision of technical solutions to deploy advanced nuclear fuel production capabilities.
-	Waste to Energy	China Recycling Energy	Lacks Sufficient Information	China Recycling Energy conducts waste to energy operations, but also utilizes gas from coal mining, which is considered as fossil fuel revenue. A revenue breakdown is not present.
0.05%	Microgrid	CleanSpark	Passed Revenue Filter	CleanSpark sells distributed energy systems and microgrids, which help optimize energy consumption. It also provides a variety of digital services, including creative design.
0.45%	Yieldco	Clearway Energy	Passed Utility Filter	Clearway produces 62.68% of its power from renewables and 37.32% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
-	Electrical Utility	CMS Energy	Failed Utility Filter	CMS produces 62.73% of its power from fossil fuels, 19.92% from nuclear, 7.67% from mixed sources, and 6.65% from renewables. Even if all of the mixed sources were renewable, CMS would still not have >50% power from non fossil fuel sources.
-	Biofuels	CN Energy Group	Fails Biofuel Filter	Less than 50% of CN Energy Group's biofuel production is advanced biofuel, leading it to fail the biofuel filter
1.53%	Electrical Utility	Companhia Energética de Minas Gerais	Passed Utility Filter	Companhia Energética de Minas Gerais produces 100% of its power from renewable sources. It exceeds state regulations.
-	Electrical Utility	Consolidated Edison	Failed Utility Filter	Consolidated Edison produces 52.5% of its power from fossil fuels, 37.5% from nuclear, 8.6% from renewables, and 1.3% from unknown sources. Even if all of the unknown sources were renewable, CE would still not have >50% power from non fossil fuel sources.
-	Waste to Energy	Covanta	Failed Revenue Filter	Covanta was acquired by a private entity on Dec 1, 2021 and is therefore removed from the Climate Index. Covanta makes a large portion of its revenue from waste to energy operations, a Drawdown solution. While it does own landfills which do not have >=50% landfill gas capture, these are for the purpose of ash disposal from its WtE operations and it does not appear revenue is derived from these landfills.
0.36%	Solar PVs	Daqo New Energy	Pure Play	Daqo sells high purity polysilicon used in solar photovoltaics to photovoltaic manufacturers.
-	Electrical Utility	Dominion Energy	Lacks Sufficient Information	Dominion did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Electrical Utility	DTE Energy	Failed Utility Filter	DTE produces 67.13% of its power from fossil fuels, 21.07% from nuclear, 10.26% from nuclear, and 1.54% from renewables.
-	Electrical Utility	Duke Energy	Failed Utility Filter	Duke Energy produces 61% of its power from fossil fuels, 37% from nuclear, and 2% from renewable.
-	Solar PVs	DuPont de Nemours	Failed Revenue Filter	DuPont de Nemours has some end-markets in solar energy and LEDs, both Drawdown solutions, but derives a larger portion of its revenue from various products that have end-markets in the fossil fuel industry.
4.19%	Grid Expansion	Eaton	Passed Revenue Filter	Eaton derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the sale of various electrical and power products. It receives a smaller portion of its revenue from the automotive industry, which would be categorized as fossil fuel revenue.
-	Electrical Utility	Edison International	Lacks Sufficient Information	Edison International did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Electrical Utility	Ellomay Capital	Failed Utility Filter	Ellomay produces 75.5% of its power from fossil fuels, 15.6% from renewables, and 8.5% from non fossil fuel combustion.
-	Electrical Utility	Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	Lacks Sufficient Information	Empresa Distribuidora y Comercializadora Norte Sociedad Anónima did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Solar PVs	Enbridge	Failed Revenue Filter	Enbridge derives some of its revenue from solar and wind energy, both Drawdown solutions, but receives the majority of its revenue from pipeline work for the natural gas industry, which is categorized as fossil fuel revenue.
-	Electrical Utility	Enel Américas	Failed Utility Filter	Enel Américas produces 62% of its power from renewables and 38% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 3% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.
0.19%	Electrical Utility	Enel Chile	Passed Utility Filter	Enel Chile produces 62% of its power from renewables and 38% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 4.9% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
-	Grid Expansion	EnerSys	Failed Defense Filter	EnerSys sells missiles and smart weapons, which fails the defense filter since it sells weapons to the defense industry.
2.00%	Solar PVs	Enphase Energy	Pure Play	Enphase sells microinverters, energy monitoring software, and AC battery storage systems to solar distributors, OEMs, homeowners, and more.
-	Electrical Utility	Entergy	Failed Utility Filter	Entergy produces 61.76% of its power from fossil fuels, 38.01% from nuclear, and 0.23% from renewables.
0.03%	Energy Storage	Eos Energy Enterprises	Pure Play	Eos makes 100% of its revenue from selling battery storage solutions to utilities (and other customers). Its batteries have 98.2% of capacity retained annually.
-	Wind Turbines	ESCO Technologies	Failed Defense Filter	ESCO derives its revenue in part from promoting grid flexibility, a Drawdown solution, by enabling electric power grid operators to assess the integrity of high-voltage power delivery equipment. It however receives a larger portion of its revenue from products that have an end-market in commercial aerospace applications.
-	Electrical Utility	Evergy	Failed Utility Filter	Evergy produces 50% of its power from fossil fuels, 29% from renewables, and 21% from nuclear.
-	Electrical Utility	Eversource Energy	Failed Utility Filter	Eversource Energy produces 62.28% of its power from fossil fuels, 19.64% from renewables, 13.83% from non fossil fuel combustion, 4.24% from nuclear, and 0.01% from energy storage.
3.32%	Electrical Utility	Exelon	Passed Utility Filter	Exelon produces 60.25% of its power from nuclear, 29.77% from fossil fuels, 9.62% from nuclear, and 0.36% from non fossil fuel combustion. It produces no power from coal and exceeds what is required of it by state regulations.
0.82%	Solar PVs	First Solar	Pure Play	First Solar sells its unique glass cadmium telluride solar modules as well as power plant solutions.
-	Electrical Utility	FirstEnergy	Failed Utility Filter	FirstEnergy produces over 95% of its power from fossil fuels. The rest is from renewables.
0.02%	Energy Storage	Flux Power Holdings	Pure Play	Flux makes battery management systems and rechargeable lithium-ion energy storage systems for electric forklifts, airport ground support equipment, and other industrial motive applications.
-	Electrical Utility	Fortis	Lacks Sufficient Information	Fortis did not provide complete enough power generation info to determine if they pass or fail the utility filter
0.05%	Solar PVs	FTC Solar	Pure Play	FTC Solar sells solar tracking systems that identifies the best positioning for a solar array to increase energy production.
-	Microgrid	FuelCell Energy	Lacks Sufficient Information	FuelCell energy makes hydrogen fuel cells, a Drawdown solution. They also sell carbon capture services (but not storage) to the oil and gas industry, which we categorize as fossil fuel revenue. A revenue breakdown between the two is not present
0.02%	Hydrogen	Fusion Fuel Green	Pure Play	Fusion Fuel Green makes green hydrogen, while producing zero carbon emissions. While it does sell to natural gas networks, this is to replace fossil fuels with green hydrogen to help them meet decarbonization goals and therefore is not considered fossil fuel revenue.
-	Biofuels	FutureFuel	Fails Biofuel Filter	Less than 50% of FutureFuel's biofuel production is advanced biofuel, leading it to fail the biofuel filter
-	Energy Storage	Generac Holdings	Lacks Sufficient Information	Generac Holdings derives part of its revenue from the Drawdown solution of energy storage. It however has fossil fuel profucts and a large natural gas customer base that is not quantified and no revenue breakdown for that segment is present.
-	Wind Turbines	General Electric	Failed Revenue Filter	General Electric derived 19.4% of its revenue from wind energy, a Drawdown solution, but received 21.8% of its revenue from various products dependent on oil and gas, which is categorized as fossil fuel revenue.
-	Electrical Utility	Genie Energy	Lacks Sufficient Information	Genie Energy did not provide complete enough power generation info to determine if they pass or fail the utility filter
0.14%	Solar PVs	Gibraltar Industries	Passed Revenue Filter	Gibraltar Industries derives its revenue in part from solar PVs, a drawdown solution, through the sale of solar racking and electrical balance of systems, while creating no products specifically for the fossil fuel industry.
-	Biofuels	Green Plains	Fails Biofuel Filter	Less than 50% of Green Plain's biofuel production is advanced biofuel, leading it to fail the biofuel filter
0.30%	Yieldco	Hannon Armstrong Sustainable Infrastructure Capital	Pure Play	Hannon Armstrong only invests in sustainable projects, from building energy efficient to solar and wind farms.
-	Electrical Utility	Hawaiian Electric Industries	Failed Utility Filter	Hawaiian Electric produces 71.6% of its power from fossil fuels, 23.9% from renewables, and 4.5% from non fossil fuel combustion.
-	Electrical Utility	Huaneng Power International	Lacks Sufficient Information	Huaneng Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Grid Expansion	Hubbell	Lacks Sufficient Information	Hubbell derives a large part of its revenue from producing solutions that enhance Grid Flexibility, but also has customers in the gas industry whose portion of the revenue is not specified.
-	Electrical Utility	IDACORP	Failed Utility Filter	IDACORP produces 59.8% of its power from renewables, 32.8% from fossil fuels, and 7.4% from mixed sources. While it passes the generation mix criteria of > 50% non fossil fuel sources even if the entirety of the mixed source power generation was from fossil fuels, 20.9% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.
-	Wind Turbines	IES Holdings	Lacks Sufficient Information	IES Holdings services both wind energy projects and solar projects, both Drawdown solutions. It also services refineries, which are categorized as fossil fuel revenue. It is unclear which takes up a greater portion of the revenue.
0.03%	Wind Turbines	Infrastructure and Energy Alternatives	Passed Revenue Filter	IEA generates 65.2% of its revenue from installing and restoring infrastructure services for wind and solar industries. It also offers heavy civil construction services like road and bridge construction.
0.02%	Solar PVs	iSun	Passed Revenue Filter	iSun sells solar engineering, procurement and construction services. It also has an electrical and data segment that is separate from its solar offerings.
0.17%	Solar PVs	JinkoSolar	Pure Play	Jinko sells solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also constructs solar projects for power production.
0.02%	Energy Storage	Kandi Technologies Group	Passed Revenue Filter	Kandi generated 61.2% of its revenue from EV parts and electric scooters and 38.8% from traditional offroad vehicles in 2020.
-	Electrical Utility	Kenon Holdings	Lacks Sufficient Information	Kenon Holdings did not provide complete enough power generation info to determine if they pass or fail the utility filter
-	Electrical Utility	Korea Electric Power	Lacks Sufficient Information	Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
0.02%	Energy Storage	KULR Technology Group	Pure Play	KULR sells thermal management technologies that are used in the lithium-ion batteries to ensure they stay within safe operating temperatures.
0.02%	Nuclear Power	Lightbridge	Pure Play	Lighbridge focuses on the development of metallic nuclear fuels, which are safer and more economical, while effectively reducing carbon emissions.
-	Energy Storage	Littelfuse	Lacks Sufficient Information	Littelfuse, sells products used in EVs and related infrastructure, but also has end markets in the traditional auto industry, as well as the oil and gas industry. A revenue breakdown is not present.
0.30%	Energy Storage	Livent	Pure Play	Livent generates 100% of its revenue from selling lithium compounds with their primary use being lithium batteries.
0.42%	Grid Expansion	MasTec	Passed Revenue Filter	MasTec derives 32.2% of its revenue from promoting wind and solar energy, as well as grid flexibility, all Drawdown solutions, through the installation and construction of power generation facilities and the maintenance of electrical transmission lines and substations. It receives a smaller portion of its revenue (28.3%) for constructing and maintaining pipelines and processing facilities for the fossil fuel industry.
0.07%	Solar PVs	Maxeon Solar Technologies	Pure Play	Maxeon sells solar panels and other related components. It has over 1000 solar patents.
-	Electrical Utility	MDU Resources Group	Failed Utility Filter	MDU produces 55.5% of its power from renewables, 25.6% from mixed sources, and 18.87% from renewables. Even if all of the mixed sources were renewable, MDU would still not have >50% power from non fossil fuel sources.
-	Electrical Utility	MGE Energy	Failed Utility Filter	MGE produces 85.93% of its energy from fossil fuels and 14.07% from renewables.
0.10%	Electrical Utility	Montauk Renewables	Passed Utility Filter	Montauk produces 100% of its power from non fossil fuel combustion. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
-	Grid Expansion	MYR Group	Lacks Sufficient Information	limited gas construction services in T&D segment. No further breakdown of end-markets is given
-	Electrical Utility	National Grid	Lacks Sufficient Information	Korea Electric Power did not provide complete enough power generation info to determine if they pass or fail the utility filter
0.21%	Nuclear Power	NexGen Energy	Passed Revenue Filter	NexGen owns uranium exploration & development projects in Canada, and wholly or partially owns 4 subsidiaries that are engaged in the same business. But NXE is a capital pool . IPO'd on NYSE in March 2017. NexGen is still in the exploration and development stage and has not yet made any revenue.
5.00%	Electrical Utility	NextEra Energy	Passed Utility Filter	NextEra produces 49.98% of its power from fossil fuels, 39.42% from renewables, 10.59% from nuclear, and 0.01% from non fossil fuel combustion. While it passes the generation mix criteria of > 50% non fossil fuel sources, 2.47% of its power comes from coal, but it has a plan to shut down its coal plants within the next 3 years. It exceeds state regulations.
0.42%	Yieldco	NextEra Energy Partners	Passed Utility Filter	NextEra Energy Partners produces 100% of its power from renewables. None of its power comes from coal and it goes beyond requirements by local regulations on renewable portfolios.
-	Electrical Utility	NiSource	Failed Utility Filter	NiSource produces 97.1% of its power from fossil fuels and 2.92% from renewables.
-	Electrical Utility	NorthWestern	Failed Utility Filter	Northwestern produces 61% of its power from renewables and 29% from fossil fuels. While it passes the generation mix criteria of > 50% non fossil fuel sources, 20% of its power comes from coal and it has no plans to shut down its coal plants within the next 3 years.
-	Electrical Utility	NRG Energy	Failed Utility Filter	NRG produces 86% of its power from fossil fuels, 9% from renewables, and 5% from nuclear.
-	Grid Expansion	nVent Electric	Failed Defense Filter	nVent Electric sells military aerospace systems, battlefield networks and shipboard targeting systems, and combat aircrafts, which fails the defense filter since these products would be classified as weapons related.
-	Ocean Power	Ocean Power Technologies	Failed Revenue Filter	Ocean Power Technologies utilizes ocean power to provide electricity, a Drawdown solution. But 87% of its revenue comes from servicing the fossil fuel industry.
-	Electrical Utility	OGE Energy	Failed Utility Filter	OGE produces 89% of its power from fossil fuels and 11% from renewables.
0.02%	Solar PVs	Orbital Energy Group	Passed Revenue Filter	Orbital gnerated 55.9% of its revenue from engineering, procurement, and construction services for utility-scale solar and the maintenance of electric power transmission and distribution infrastructure. It made 44.1% from designs, installs, and commissions industrial gas sampling, measurement and delivery systems.
0.26%	Geothermal	Ormat Technologies	Pure Play	Ormat produces goethermal energy systems that enable utilities to generate electricity using the heat of the earth.
-	Electrical Utility	Otter Tail	Failed Utility Filter	Otter Tail produces 70.68% of its power from fossil fuels and 29.32% from renewables.
-	Electrical Utility	Pampa Energía	Failed Utility Filter	Pampa produces 85% of its power from fossil fuels and 15% from renewables.
1.48%	Electrical Utility	PG&E	Passed Utility Filter	PG&E produces 52% of its power from renewables, 44% from nuclear, and 3% from non fossil fuel combustion. It does not produce any of its power from coal and goes beyond what is required by state regulation for energy portfolios.
-	Electrical Utility	Pinnacle West Capital	Failed Utility Filter	Pinnacle produces 64.19% of its power from fossil fuels, 27.81% from nuclear, and 8% from renewables.
-	Biofuels	Planet Green Holdings	Fails Biofuel Filter	Less than 50% of Planet Green's biofuel production is advanced biofuel, leading it to fail the biofuel filter
1.41%	Hydrogen	Plug Power	Pure Play	Plug Power develops hydrogen fuel cell turnkey solutions through hydrogen fueling systems, proton exchange membrane technologies, and more.
-	Electrical Utility	PNM Resources	Failed Utility Filter	PNM produces 62.6% of its power from fossil fuels, 23.1% from renewables, and 14.3% from nuclear.
-	Grid Expansion	Polar Power	Lacks Sufficient Information	Polar Power, manufactures DC power systems that help with grid flexibility, a Drawdown solution, but diesel, natural gas, and propane appear to the predominant formats. A revenue breakdown is not present.
-	Electrical Utility	Portland General Electric	Failed Utility Filter	Portland GE produces 50.19% of its power from fossil fuels, 27.81% from nuclear, 14% from mixed sources, and 8% from renewables. Even if all of the power produced from mixed sources was from renewables, Portland still would not produce > 50% of its power from non fossil fuel sources.
-	Electrical Utility	PPL	Failed Utility Filter	PPL produces 98.85% of its power from fossil fuels and 1.15% from renewables.
0.02%	Grid Expansion	Preformed Line Products	Passed Revenue Filter	Preformed Line Products derives the majority of its revenue from improving grid flexibility, a Drawdown solution, through the maintenance of energy networks, while creating no products specifically for the fossil fuel industry.
-	Electrical Utility	Public Service Enterprise Group	Failed Utility Filter	Public produces 54.91% of its power from fossil fuels, 40.41% from nuclear, 3.84% from renewables, 0.81% from non fossil fuel combustion, and 0.02% from fossil fuels.
0.05%	Waste to Energy	PyroGenesis Canada	Passed Revenue Filter	PyroGenesis derives its revenue in part from plasma torches (for use in battery production) and waste to energy operations, both Drawdown solutions. It derives no revenue products built specifically for the fossil fuel industry.
1.08%	Grid Expansion	Quanta Services	Passed Revenue Filter	Quanta Services, derives 69.4% revenue from improving grid flexibility, a Drawdown solution, through various services, including the maintenance of electric power transmission and distribution infrastructure and substation facilities. It receives a smaller portion of its revenue (30.6%) from maintaining natural gas and oil distribution networks, which would be categorized as fossil fuel revenue.
0.78%	Energy Storage	QuantumScape	Pure Play	QuantumScape is fully focused on developign and selling solid-state lithium-metal batteries, some of which are used for EVs.
0.03%	Solar PVs	ReneSola	Pure Play	ReneSola constructs solar projects and sells project rights. It also owns some its own solar projects which generate electricity that is sold to customers.
0.21%	Biofuels	Renewable Energy Group	Passed Biofuel Filter	Over 50% of REGI's revenue comes from advanced biofuels made from low carbon feedstocks that emit 75% less carbon that gasoline.
-	Biofuels	REX American Resources	Fails Biofuel Filter	Less than 50% of Rex American's biofuel production is advanced biofuel, leading it to fail the biofuel filter
0.03%	Energy Storage	Romeo Power	Passed Revenue Filter	Romeo makes 65% of its revenue from lithium-ion battery modules for commercial electric vehicles and 35% in a jointe venture focused on traditional automobiles.
2.61%	Electrical Utility	Sempra Energy	Passed Utility Filter	Sempra produces 52% of its power from renewables and 48% from fossil fuels. It produces no power from coal and has exceeded what is required of it by local regulations in regards to renewable portfolios.
0.33%	Solar PVs	Shoals Technologies Group	Pure Play	Shoals sells electrical balance of system solutions for solar energy projects.
1.18%	Solar PVs	SolarEdge Technologies	Pure Play	SolarEdge Technologies sells DC inverter systems for PVs among other solar products, EV charging solutions, lithium-ion cells and batteries, and uninterrupted power supply solutions.
-	Electrical Utility	Spark Energy	Failed Utility Filter	Spark produces 59.65% of its power from fossil fuels, 34.47% from nuclear, 4.82% from renewables, 1.03% from non fossil fuel combustion, and 0.03% from fuel cells.
0.02%	Solar PVs	SPI Energy	Pure Play	SPI Energy constructs solar projects for other power producers, owns its own solar projects which generate electricity that sells to utilities and other customers, and makes and sells both EVs and EV charging infrastructure.
0.17%	Grid Expansion	SPX	Passed Revenue Filter	SPX makes electrical transformers that enable the grid to expand. It also installs HVAC systems and underground pipe and cable locators.
0.19%	Energy Storage	Stem	Pure Play	Stem makes it easy for buildings to most efficiently switch from onsite, to stored, to grid electricity with their artificial intelligence powered analytics platform that optimizes energy usage.
0.31%	Solar PVs	Sunnova Energy International	Pure Play	Sunnova is a leading residential solar in the US
0.36%	Solar PVs	SunPower	Pure Play	SunPower sells electricity generated from solar as well as solar energy solutions and inverters. Some of its main customers include electrical utilities and
0.76%	Solar PVs	Sunrun	Pure Play	Sunrun sells solar energy systems, such as panels, and also sells battery storage systems, primarily to residential homeowners..
0.02%	Solar PVs	Sunworks	Pure Play	Sunworks sells photovoltaic systems for power production for residential and commercial and industrial clients.
-	Electrical Utility	The AES	Failed Utility Filter	AES produces 78% of its power from fossil fuels and 22% from renewables.
-	Electrical Utility	The Southern	Failed Utility Filter	The Southern produces 68% of its power from fossil fuels, 17% from nuclear, and 15% from coal.
0.09%	Wind Turbines	TPI Composites	Passed Revenue Filter	TPI Composities generates 96% of its revenue from composite wind blades and related precision molding and assembly systems and the rest from manufacturing composite structures for automotive companies.
-	Electrical Utility	TransAlta	Failed Utility Filter	TransAlta produces 65% of its power from fossil fuels and 35% from renewables.
-	Electrical Utility	Unitil	Lacks Sufficient Information	Unitil did not provide complete enough power generation info to determine if they pass or fail the utility filter.
0.03%	Nuclear Power	Ur-Energy	Pure Play	Ur-Energy explores uranium mineral properties and has a stake in 12 projects in the U.S, helping power nuclear energy, a Drawdown solution.
0.05%	Nuclear Power	Uranium Energy	Passed Revenue Filter	Uranium Energy extracts and processes uranium, helping power the nuclear energy industry, as well as and titanium concentrates.
0.07%	LED	Veeco Instruments	Passed Revenue Filter	Veeco sells semiconductor and thin film process equipment, which can be used to make a variety of products including solar PVs, LEDs, and laser diodes.
-	Grid Expansion	Vertiv Holdings	Lacks Sufficient Information	Vertiv Holdings Co improves grid flexibility, but has some customers in the fossil fuel industry whose portion of the revenue is not given.
-	Grid Expansion	Vicor	Failed Defense Filter	Vicor sells defense electronics, which fails the defense filter because it sells a product to the defense industry that is not a Drawdown solution.
0.05%	Methane Capture	Village Farms International	Passed Revenue Filter	Village Farms sells greenhouse grown produce and conducts cannabis operations. It also operates a methane digester power plant and sells electricity generated from the plant to the British Columbia Hydro and Power Authority.
-	Electrical Utility	Vistra	Failed Utility Filter	Vista produces 88.4% of its power from fossil fuels, 11.3% from nuclear, and 0.3% from renewables.
-	Electrical Utility	VivoPower International	Lacks Sufficient Information	VivoPower did not provide complete enough power generation info to determine if they pass or fail the utility filter.
2.26%	Methane Capture	Waste Connections	Passed Revenue Filter	Waste Connections passes the landfill gas filter, but has no revenue breakdown present for its clean-up of oilfields, which is categorized as fossil fuel revenue.
4.27%	Methane Capture	Waste Management	Passed Landfill Filter	Waste Management has 146 out of 268 landfill operations equipped with a landfill gas capture to energy project, meaning it has the majority needed to pass the landfill filter.
-	Electrical Utility	WEC Energy Group	Failed Utility Filter	WEC produces 62.2% of its power from fossil fuels, 19.6% from nuclear, 8.4% from mixed sources, and 7.4% from renewables. Even if all power produced from mixed sources was from renewables, WEC would still not have >50% power from non fossil fuel sources.
0.42%	SmartGrid	WESCO International	Passed Revenue Filter	WESCO sells basic grid upgrade equipment like wires and cables but also smart grid products and range of transformers and distribution hardware.
0.02%	Energy Storage	Westwater Resources	Pure Play	Westwater Resources generates 100% of its revenue from selling battery-ready graphite materials, a key component in battery construction.
0.03%	Retrofit	Willdan Group	Passed Revenue Filter	Wildan provides consulting services to clients for primarily for energy efficiency goals, grid optimization, and building retrofits, plus provides civil engineering consulting services as well.
-	Nuclear Power	Williams Industrial Services Group	Lacks Sufficient Information	Williams Industrial Services Group maintains nuclear projects and some renewable projects, but also works on fossil fuel plants. It is unclear which is a majority of their revenue.
-	Electrical Utility	Xcel Energy	Failed Utility Filter	Xcel produces 53% of its power from fossil fuels, 30% from renewables, 13% from nuclear, and 4% from mixed sources. Even if all of the power produced from mixed sources was from renewables, Xcel still would not produce > 50% of its power from non fossil fuel sources.

AAON

0.24%

Geothermal

AAON sells geothermal/water-source heat pumps, a Drawdown solution. It derives no revenue from products built specifically for the fossil fuel industry.

Passed Revenue Filter

ABB

4.34%

Grid Expansion

ABB makes most of its revenue from grid flexibility and EVs through the sale of substation packages and charging infrastructure. It receives no revenue from products specifically built for the fossil fuel industry.

Passed Revenue Filter

Advanced Energy Industries

Energy Storage

Advanced Energy Industries, sold their renewables business and therefore no longer produces a Drawdown solution

No Drawdown Solution

Advent Technologies Holdings

0.03%

Hydrogen

Advent sells components that influence the performance of hydrogen fuel cells to power, aviataion, automotive markets, and more.

Pure Play

Aemetis

Biomass

Less than 50% of Aemetis' biofuel production is advanced biofuel, leading it to fail the biofuel filter

Fails Biofuel Filter

Albemarle

Energy Storage

Albemarle produces lithium compounds promoting energy storage, a Drawdown solution. It however makes more of its revenue from other compounds like bromine that have end-markets in the fossil fuel industry due to applications, such as oil and gas well drilling and completion fluids.

Failed Revenue Filter

Algonquin Power & Utilities

0.71%

Clean Energy Stocks

Clean Energy Stocks in the Climate Index

Filters:

Watch the Webinar

Get Our Newsletter

Talk To A Human