In this article we discuss 5 companies that will benefit from global warming. If you want to read about the future growth catalysts for the renewable energy stocks and the industries that will thrive in the climate change environment, read our article 10 Companies That Will Benefit From Global Warming.
5. Solaredge Technologies Inc (NASDAQ: SEDG)
Israel-based Solaredge Technologies sells power optimizers, solar inverters and monitoring systems for photovoltaic arrays to increase energy output through module-level Maximum Power Point Tracking. The company offers a variety of products and services, including residential, commercial and large scale PV, energy storage and backup solutions, EV charging and UPS systems.
Ian Simm’s Impax Asset Management is one of the 31 hedge funds tracked by Insider Monkey that reported owning shares of Solaredge at the end of the third quarter. (Read: Is SEDG A Good Stock To Buy According to Hedge Funds?)