The dangers of global warming and climate change are quite real and one of the most effective ways of thwarting those is through the minimization of carbon footprints. The most effective way to reduce a carbon footprint is to transition to green energy and many governments across the globe are now making a concerted effort to strengthen the sector. Hence, in the long term, it could well turn out to be a strong investment. Here is a look at some green energy stocks which may be worth tracking.

Gaensel Energy Group Inc (OTCMKTS:GEGR) - The Gaensel Energy Group Inc is a diversified company, which is involved in a wide range of sectors including the green energy sector among many others.

The company has been working on striking up agreements and completing acquisitions since 2019. It has moved into a range of sectors starting from green energy to technology and from commodities to fashion among many others. In the meantime, the total assets under its control went from nothing in 2019 to as much as $55 million in 2021.

However, it is perhaps more important to point out that the business model championed by the Gaensel Energy Group management has proven to be resilient in the face of such troublesome factors as the coronavirus pandemic.

Last July, the company filed its financial results for the first two quarters of the year. Revenues stood at $17.1 million combined and the pre-tax income came in at $17.4 million. That indicated that Gaensel Energy Group was not only a green energy company but also a profitable one.

As it happens, the company was in the news last week on November 30 when it announced that it had tied up an agreement with regard to the acquisition of a 40% stake in the Italian innovative industrial company TEC.AL.CO.

The company is best known for its specialization in the fields of producing wires as well as stranded conductors made of aluminum and alloys containing aluminum. It may well be a good time for investors interested in the green energy sector to start tracking the GEGR stock a bit more closely.

Vestas (OTCMKTS:VWDRY) - Another company from the sector which may prove to be worth watching at this point in time is Vestas, which is a major player and leader in the wind energy industry in North America. It mainly works out of its corporate headquarters located in Portland Oregon, however, it also has an offshore headquarter that is situated in Boston Massachusetts.

The company is involved in the supply of wind turbine components from the two factories that it operates from out of Colorado. Back in 2020, the company had spent as much as $2.1 billion on its United States supply chain.

Heliogen (NYSE:HLGN) - The next one to make it to the list is the renewable energy technology company that is involved in work related to the de-carbonizing of industries.

The company is best known for its concentrated solar and thermal energy storage systems which provide steam, green hydrogen, and power to industries so that they can operate around the clock. Last month Heliogen announced that it had generated $3.1 million in revenues and the net losses came in at $27.8 million.

Fuel Tech (NASDAQ:FTEK) - NASDAQ-listed Fuel Tech runs a fairly small high-tech operation that is involved with air pollution control. The company currently operates two businesses.

One of those is involved with burners that emit nitrous oxide at low levels and thus far, Fuel Tech has installed in excess of 1000 such burners all over the world. The second business is concerned with customized chemicals which make combustion units more efficient.

Ballard Power Systems (NASDAQ:BLDP) - Last but not least it is Ballard Power Systems that makes for an interesting option. The company is involved in the business of delivering fuel cells meant for creating a more sustainable earth.

Last month on November 17 the company announced that it had bagged an order from Solaris for as many as 25 hydrogen fuel cell engines for propelling power buses in Poland.

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. CaptalGainsReport 'CGR' is responsible for the production and distributions of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. CGR has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website.

CONTACT: CapitalGainsReport

Mark McKelvie

Mark@capitalgainsreport.com

585-301-7700

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE