Wind Energy Overview for the Second Half of 2023


Last month, we profiled 3 companies in the wind energy industry. Most companies in this sector are seeing steady gains on increased green energy initiatives around the globe.

Wind Energy in the Headlines

Wind Energy Outlook for 2023

According to Global Energy Consulting firm Wood Mackenzie, global wind energy will exceed the 1-terawatt threshold for installed capacity by year-end. One terawatt is equal to 1 trillion watts which is significant when you consider the estimated global demand for power is 17.7 terawatts.

Last month, we looked at three companies in the wind energy arena.

  • Eniti, Inc. (NETI) share prices have increased from $11.45 to $129.98 since this time last month for a 13.36 percent increase month-over-month.
  • Clearway Energy (CWEN) pulled back from $30 per share down to $28.11 for a decrease of 6.3% per share.
  • TPI Composites, Inc. (TPIC) maker of wind turbine blades also pulled back from $12 to $10.55 for a 12.08 percent decrease in share price.

Among these 3 stocks, the clear winner is Eniti, Inc. (NETI).

NETI Daily Stock Chart (source: TradingView)

NETI has made an impressive run-up from $8 in May to $13.18 today.

Other Companies to Watch

  • Vestas (OTC: VWDRY) has gapped-up from $8.50 to $9.15 over the past few days on reports of increased orders.
  • General Electric (GE) has shown progressive growth from $64 in early January to today’s price of $111.59 for a 74.35% increase in share price over the year.

General Electric (GE) Stock Performance for 2023 YTD (Source: Tradingview)

Stay tuned to Global Investment Daily as we periodically monitor this sector.

Previous articleSpotlight on Germanium and Gallium Mining
Next articleThe Trillion-Dollar EV Industry Has A New, Debt-Free Option


Please enter your comment!
Please enter your name here