Latest news with #renewableenergy
Globe and Mail
4 hours ago
- Business
- Globe and Mail
Here Are My Top 3 Energy Dividend Stocks to Buy Now
The energy sector can be a great spot to shop for dividend stocks. Many energy companies generate lots of cash flow, even during periods of commodity price volatility. That gives them the funds to pay lucrative dividends while investing to grow their operations. Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), ConocoPhillips (NYSE: COP), and Energy Transfer (NYSE: ET) are my top three energy dividend stocks to buy right now. Here's what makes them such attractive income options. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Powerful income growth Brookfield Renewable is one of the largest renewable energy producers in the world. The company has a global business spanning hydro, wind, solar, and energy storage. It sells the power it produces under long-term power purchase agreements (PPAs) with utilities and large corporate customers, most of which link rates to inflation. As a result, Brookfield generates stable and steadily rising cash flow to support its nearly 5% yielding dividend. The company has grown its payout at a 6% compound annual rate since 2001. It expects to increase its dividend by 5% to 9% per year in the future. Brookfield should have plenty of power to achieve dividend growth within that target range. Inflation-linked PPAs should add 2%-3% to its funds from operations (FFO) per share each year. On top of that, Brookfield expects margin enhancement activities such as securing higher market rates as legacy PPAs expire to add another 2% to 4% to its FFO per share each year. Meanwhile, the company has a large pipeline of renewable energy projects, which should boost its FFO per share by another 4% to 6% each year. Brookfield also has the financial flexibility to make accretive acquisitions, which it anticipates will help push its FFO per-share growth rate above 10% annually. A low-cost, cash-gushing oil company ConocoPhillips has built one of the world's lowest-cost oil and gas producers. CEO Ryan Lance noted on the company's first-quarter earnings conference call in early May: "We have a deep, durable, and diverse portfolio. We have decades of inventory below our $40 per barrel WTI [West Texas Intermediate] cost-to-supply threshold, both in the U.S. and internationally." The company also has a disciplined capital allocation framework that Lance said is "battle-tested through the cycles." On top of that, it has an A-rated balance sheet, giving it tremendous financial flexibility. Those factors put its dividend (which yields more than 3% right now) on a rock-solid foundation. ConocoPhillips has been growing its payout at a well-above-average rate, which it expects will continue. It aims to deliver dividend growth within the top 25% of companies in the S&P 500 in the future. Fueling that growth is its combination of short-cycle development (U.S. shale) and long-cycle investments (Alaska and LNG). ConocoPhillips expects those long-cycle investments to fuel an incremental $6 billion in annual free cash flow by 2029, putting it on track to deliver sector-leading growth. A passive-income juggernaut Energy Transfer operates one of the country's largest energy midstream businesses. It transports, processes, stores, and exports various hydrocarbons. Most of its assets generate predictable fee-based cash flow (roughly 90% of its earnings). The master limited partnership (MLP), which sends investors a Schedule K-1 Federal Tax Form each year, so investors need to be comfortable with the extra paperwork,, distributes about half its stable cash flow to investors via a payout that currently yields more than 7%. It retains the rest to fund growth projects and maintain its financial flexibility. Energy Transfer is investing $5 billion into growth capital projects this year. Most of those projects will enter commercial service by the end of next year, fueling incremental earnings growth in 2026 and 2027. The MLP has several more expansion projects under development. It also has a long history of making accretive acquisitions. Its growth investments fuel the view that it can increase its high-yielding payout at a 3% to 5% annual rate in the coming years. Ample fuel to pay growing dividends Brookfield Renewable, ConocoPhillips, and Energy Transfer generate lots of cash flow. That gives them the funds to pay above-average dividends that they steadily grow. That combination of income and growth is why they're my top dividend stocks to buy in the sector. Should you invest $1,000 in Brookfield Renewable right now? Before you buy stock in Brookfield Renewable, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Brookfield Renewable wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor 's total average return is1,048% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Matt DiLallo has positions in Brookfield Renewable, Brookfield Renewable Partners, ConocoPhillips, and Energy Transfer. The Motley Fool recommends Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool has a disclosure policy.
Times of Oman
5 hours ago
- Business
- Times of Oman
Govt revises biomass guidelines to boost bio energy and ease of doing business
New Delhi: The Centre has revised guidelines for the Biomass Programme under Phase-I of the National Bioenergy Programme to promote cleaner energy solutions, ease of doing business, and accelerate the adoption of biomass technologies across the country, according to a statement. "The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for the Biomass Programme under Phase-I of the National Bioenergy Programme, applicable for the period FY 2021-22 to 2025-26. These amendments aim to promote cleaner energy solutions, ease of doing business, and accelerate the adoption of biomass technologies across India," the statement said. Under the new framework, Ministry has simplified several processes, such as cutting down on paperwork and easing approval requirements, which will enable the industry especially MSMEs to enhance their production. These changes align well with improvement of stubble management and India's broader goal of reaching net-zero emissions by 2070, the statement added. One of the major highlights of the revision is technological integration by enabling the use of IoT-based monitoring solutions or quarterly data submissions instead of expensive and high-tech systems like SCADA. This cost-effective step promotes digital monitoring and accountability, especially for smaller business operators. The guidelines also encourage significant simplification of documentation requirements. Developers of briquette and pellet manufacturing plants will no longer be required to submit a number of documents related to clearance matters. This change will save time, and promote ease of doing business. In a move to enhance operational flexibility, the earlier requirement for a two-year briquette or pellet sale contract has been replaced with a general sale agreement. This change will allow project developers to respond more dynamically to market conditions without being constrained by long-term contracts, as per the Ministry's statement. The amended guidelines allow flexible selling of biomass products, meaning businesses no longer need long-term contracts to get started. Furthermore, the subsidy disbursement mechanism under the Central Financial Assistance (CFA) component has been made performance-based and transparent. Projects that run efficiently, above 80%, will receive full financial assistance, while below 80 percent will receive on pro-rata basis. The performance inspection period has been simplified. Earlier, it has to be done within a period of 18 months from the date of commissioning, but now, it can be carried out within 18 months period either from the commissioning date or from the date of In-principle approval, whichever is later. Additionally, to cater on-ground operational challenges of developers, Secretary, MNRE may extend the time period, the Ministry added. During inspection, a performance report was made on the basis of Operation Plant at an average of 80 per cent of rated capacity measured over a period of three consecutive days, taking average 16 Hrs per day. However, now it has been reduced to just 10 hours as the inspection process primarily aims to verify the claimed and operational capacities and inspection for 10 hours of continuous operation would suffice for this purpose. Recognising the urgent need to address air pollution, especially from stubble burning in northern India, the new guidelines include a provision allowing biomass pellet producers in Delhi, Punjab, Haryana, and NCR districts of Rajasthan and Uttar Pradesh to choose the most beneficial support scheme, either from MNRE or CPCB. These revisions will not only support the smooth implementation of the biomass programme and timely delivery of approved financial support to commissioned plants, but also encourage the sector to establish more biomass-based plants. This would ultimately help in addressing the menace of crop residue burning and ensure sustainable management of agricultural waste. Overall, the updated guidelines will make it easier for businesses to adopt biomass technologies, provide financial incentives for efficient operations, and support India's clean energy efforts, all while promoting practical, business-friendly solutions to waste management and pollution reduction.
Yahoo
7 hours ago
- Business
- Yahoo
Here is Why Constellation Energy (CEG) Gained This Week
The share price of Constellation Energy Corporation (NASDAQ:CEG) surged by 5.25% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A close up of a wind turbine producing electricity as the sun sets. Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the US, with over 34,200 MW of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. Constellation Energy Corporation (NASDAQ:CEG) received a boost this week after it was announced that it expects to restart the Three Mile Island plant as early as 2027 instead of the original forecast of 2028, after being put on a fast track to connect to the regional grid. Originally shut in 2019 for economic reasons, the revived 837 MW pressurized water reactor will provide carbon-free energy to Microsoft data centers as part of the 20-year power purchase agreement Constellation signed with the tech giant last year. While we acknowledge the potential of CEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
Sunrun Inc. (RUN) Gains Amid Renewed Hopes for Rooftop Solar Sector
The share price of Sunrun Inc. (NASDAQ:RUN) surged by 26.43% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A field of solar panels glistening in the afternoon sun, symbolizing the company's renewable energy ambitions. Sunrun Inc. (NASDAQ:RUN) is America's leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. Sunrun Inc. (NASDAQ:RUN) nosedived earlier this month following a massive setback for the U.S. rooftop solar industry, with the draft version of the Senate Finance Committee's tax and spending bill proposing an abrupt end to a tax credit for solar leasing companies and homeowners who buy panels outright. However, Sunrun Inc. (NASDAQ:RUN) garnered some much-needed investor optimism this week following reports that the Senate Republicans are now working on adjustments to residential solar energy initiatives, indicating a more generous attitude by the lawmakers towards the industry. Senator Kevin Cramer told reporters that 'there is work being done' on rooftop solar as part of discussions around fixing the language on the future of tax credits for clean energy projects. Moreover, Sunrun Inc. (NASDAQ:RUN) announced that it dispatched over 340 MW of stored energy from its home battery fleet on June 24 to support power grids in California, New York, Massachusetts, Rhode Island, and Puerto Rico. While we acknowledge the potential of RUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
13 hours ago
- Business
- South China Morning Post
Cloudy with a chance of bankruptcy: US tariffs hurt China's solar firms
The rain and gloomy skies during the SNEC PV Conference – the biggest in China's solar-panel manufacturing industry – summed up the mood in the market, whose major players congregated in Shanghai earlier this month for the four-day annual event. Advertisement The scale was noticeably smaller this year. Several leading companies opted out for a variety of reasons, including tight budgets. More tellingly, CEOs from major producers Longi Green Technology and Tongwei – keynote speakers last year – gave it a miss. The weariness is not surprising. The industry, billed as one of China's three new economic drivers along with electric vehicle and lithium battery manufacturing, is facing a double whammy: producers are swimming in a sea of red amid a price war and supply glut at home, while tariffs are blocking access to export markets. Prices in every segment of the solar panel supply chain plummeted by 60 to 80 per cent in 2024 from a peak in 2023, according to the China Photovoltaic Industry Association, with 39 of the nation's 121 listed producers in the red. Losses in the photovoltaic (PV) manufacturing value chain reached US$40 billion, according to Gao Jifan, chairman of Trina Solar. Including other business lines, the tally was US$60 billion, he said. 'Everyone is questioning how deep and prolonged this downturn will be,' Yang Liyou, general manager of solar-panel maker Jinneng Clean Energy Technology, said at a panel discussion during the conference. 'It has not eased. In fact, it's become deeper and longer than we anticipated.' Shares of Jinko Solar, the world's top solar panel maker in terms of shipment volume, have declined by nearly 30 per cent in New York this year, bringing the slump to more than 60 per cent from a peak in 2022. Rivals like JA Solar, Tongwei, Trina Solar, Longi, and GCL have slumped by as much as 80 per cent since 2022.
