I’ve been called everything from a hippie to an overzealous tree hugger.
And I admit, I prefer to live in a world where we don’t treat the planet like a toilet.
But make no mistake: Investing in clean energy and electric cars has never been about anything more than making money.
And boy, we’ve done a lot of that.
From early calls on solar and wind stocks back in 2006 to telling folks to buy Tesla (NASDAQ: TSLA) right after it went public, Energy and Capital has always taken the lead on profiting from the latest technological breakthroughs in the world of energy.
And that’s why I’m writing this article today.
You see, there’s no doubt that the world is rapidly transitioning away from fossil fuels and toward clean energy.
According to Bloomberg, renewables will account for half of all power by 2050.
Most of this will come from solar and wind, but the devil is in the details.
As an investor, I know there’s money to be made in solar and wind. It’s what I’ve been doing for the past 18 years. Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
But the investment opportunities in solar and wind pale in comparison to the one thing they both need to survive going forward.
And that’s storage.
Take a look at the chart below; it shows where venture capitalists ponied up the most cash in the “clean energy” space:
If you want to know where to invest, always follow the smart money.
And in the case of clean energy, or what some now refer to as “climate tech,” it’s all about storage.
So who’s betting big on energy storage?
Elon Musk, Jeff Bezos, and Warren Buffett, just to name a few.
And just take a look at some of these recent headlines:
Now here’s the rub…
While large, utility-scale lithium batteries are what most folks think of when they hear the phrase "energy storage," those batteries are already dinosaurs compared with the "Newton Battery," which you may have read about before in these pages.
If you’re unfamiliar, the "Newton Battery" is a new energy storage device that can turn any intermittent resource, such as wind or solar, into a continuous source of electricity — and it does so at a fraction of the cost of traditional energy storage.
The company behind the "Newton Battery" already has this device up and running in Switzerland, and another is being built right now in Saudi Arabia. When completed, that one will be used alongside a solar farm to power 4.5 million homes, which is pretty remarkable when you consider there are only about 6 million occupied residential houses in Saudi Arabia.
You can see how this "Newton Battery" works in this video and learn how to access the report that will tell you all about the company behind it and, of course, the company’s ticker symbol.
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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