5 green companies to invest in and why they will multiply your investment by 20x

5 green companies to invest in and why they will multiply your investment by 20x

A focus on transitioning away from the use of fossil fuels to mitigate some of the worst effects of climate change has helped so-called environmental, social and governance, or ESG, investing criteria become more widespread. In addition to green companies, there has been a proliferation of funds that hold those stocks and cryptos.

Inflation Reduction Act's support for renewable energy seems to be creating new momentum for environmental investing. The Inflation Reduction Act sets up a multiyear growth opportunity across energy transition-affected businesses in the U.S.

The hype around the green brands, sustainable projects & companies went skyhigh and keeps going up. This might be a great time to invest your time, energy, and of course money in some exciting projects: this means not only doing a favor to your country and planet but it can give you back great ROIs.

Which 5 'green' companies and projects should you invest in?

Truth be told, it's incredibly difficult to point to any one company or a project as being 'greener' than others. This is because there are so many parameters at play. Based on our prior research, we're going to suggest a few companies and crypto currencies that are sustainable – and yet, they may multiply your investment up by 20 times.

1) First Solar Inc. (ticker: FSLR)

With a large manufacturing presence in the U.S., this solar panel builder will be among the biggest winners from the Inflation Reduction Act. Over the longer term, the company will be able to compete more with Chinese producers as it expands manufacturing internationally.

Derived from decades of leading-edge research and development, capital investment, trial and error, and defining moments, First Solar's Cadmium Telluride (CadTel) thin film technology is a product of dedication. The company stands alone in the industry with its differentiated semiconductor and streamlined manufacturing process, which yield unparalleled quality and reliability.

First Solar also has an advantage because the solar cells it makes use cadmium-telluride technology, allowing it to skirt the major supply chain bottleneck plaguing manufacturers who use polysilicon. First Solar's technology also means its manufacturing process has a smaller carbon footprint than those making panels from polysilicon.

First Solar has consistently invested in American manufacturing and American jobs. Today, it is the only US-headquartered company among the world's 10 largest module producers.

2) Tamadoge

Tamadoge is the first meme coin with different features like metaverse, NFT store, and P2E crypto game setup with absolute utility. As expected, it has stirred up the crypto space, since many analysts expect it to become the next Dogecoin.

Since the Tamadoge ecosystem needs less energy to function, it ranks as the best eco-friendly crypto to buy during an energy crisis. Also, as an ERC-20 meme coin, TAMA comes with the benefits of the Ethereum blockchain. It is listed on multiple exchanges including Binance, Crypto.com, and Coinbase. Moreover, the project has sourced over $12 million in presale, despite the project not being live.

Based on the project's whitepaper, there is a fixed supply of 2 billion TAMA tokens. It has a 5% burn rate which means that it is a deflationary token. Since deflation increases scarcity, it is anticipated that the token's value will explode as time goes on.

To join the early investors guaranteed massive returns, go to the official website. There are instructions on how to buy TAMA.

3) Powerledger (POWR)

POWR was an Ethereum token established in 2016/17 that powers the Powerledger platform. It debuted on Coinbase in November 2021, with the token's price rising rapidly even while most cryptocurrencies fell in a market-wide crash.

POWR is required to participate in the Powerledger network and helps secure its various products, including energy trading, clean energy tracking, and verification.

The Powerledger platform facilitates peer-to-peer energy trading and is effectively an operating system that tracks the trading of energy, flexibility services, and environmental commodities. More simply, renewable energy sources like wind and solar are somewhat uncertain, with variable output minute to minute, day to day. A centralized power grid is increasingly problematic when energy inputs and outputs are inconsistent. Powerledger offers a distributed, decentralized network that helps producers track, trace, and trade energy in real-time, making for more stable, resilient energy grids.

As a real-life example, Powerledger partners with the Midwest Renewable Energy Tracking System (M-RETS) to facilitate the trading of Renewable Energy Certificates (RECs) across North America.

4) Tesla Inc. (TSLA)

Electric Vehicle (EV) ownership is on the rise and, due to high oil prices and the need to reduce our emissions, it is a fairly safe assumption that demand for EVs will continue to rise in the future. Although competition has increased recently in the EV sector, there is still one undisputed king: Tesla.

As the leading electric vehicle maker globally, Tesla's products mean less emissions from the auto sector, even when factoring in the pollution caused by generating the electricity to charge their batteries.

Plus, the company is a two-for-one green investment by making traditional solar panels as well as photovoltaic shingles. "With TSLA, you also get exposure to Solar City, which was acquired by Tesla in 2016," says Doug Kinsey, chief investment officer with Artifex Financial Group. Another plus for Tesla is that it is a more established company with a longer track record than other green companies that may be considered more speculative investments, he says.

5) IMPT.io

IMPT.io connects users with hundreds of impactful environmental projects around the world with the purpose to reduce carbon emissions and help our planet. IMPT.io also engages thousands of the largest retail brands that allocate a specific percentage of sale margin for environmental projects.

This token relies on blockchain technology — the immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. It is an efficient solution that can solve the current carbon offset challenges.

It is accumulated in users' accounts in the form of IMPT tokens. The users accumulate these tokens till they reach the necessary amount of the carbon credit of their choice. As a result, users can continue with their normal shopping while helping the planet.

We haven't seen anything like this and we strongly recommend considering this crypto as an investment opportunity.

(Not so) Final Thoughts

With dozens of companies and more than 4,500 tokens out there, I'm sure I've missed a few excellent options for sustainable investments. Given the exponential growth in this area of digital finance, chances are the best is yet to come anyway.

In the meantime, if you're an investor who has already reapportioned your assets from fossil fuel companies and so forth into more sustainable investments, consider doing the same with any cryptocurrencies you hold.

If you're not, please do your own research and then invest in the company or a project that you believe in. There's a few of them that look and sound very promising and can give you a quick ROI where there's some of them that still need time – and, as you know, all the great things require time to come to fruition.

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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