Invest in renewable energy stocks

Start here if you want to buy shares in sustainable energy companies in Australia.

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As populations grow and resources become strained, renewable energy is now a major priority of governments around the world. For countries such as Australia, China and India, where electricity is largely generated from high carbon-emitting coal, many see the future of renewable energy as critical.

Increasingly, investors are choosing to back companies that support the environment while ditching fossil fuel emitters. According to the Responsible Investment Association Australasia (RIAA), companies that support renewable energy and energy efficiency are the most popular choices among ethical investors in 2021.

By holding shares in a company, you're also given voting rights that can encourage better environmental practices.

If you're looking to invest in companies that support the growth of sustainable energy sources, you can start here. Below is a list of renewable energy companies that are listed on the Australian Securities Exchange (ASX).

Renewable energy stocks in Australia

Note: This is a general guide only and should not be taken as investment advice. The above list may not be fully representative of the Australian renewables marketplace.

How do I invest in renewable energy?

There are several categories of renewable energy including solar power, wind power, biomass, geothermal and hydroelectric, and some include nuclear energy to that list, despite its controversy. Below is a list of ways that you can invest in companies that support renewable energy.

  • ASX renewable energy stocks. You can buy shares in renewable energy companies that are listed on the Australian share market.
  • International stocks. Some of the biggest renewable energy companies are listed on stock exchanges in overseas markets such as the US or Canada. Access these through a broker that offers international shares.
  • Sustainability ETFs. ETFs contain a bundle of stocks, usually hundreds, and these often track an index of stocks. The renewables sector is still very small in Australia so there are few options to date for renewable energy ETFs on the ASX. There are many to choose from on global exchanges.
  • Micro-invest. Some investment apps such as Raiz and CommSec Pocket offer sustainability funds that may support renewable energy companies.

How do I buy renewable energy stocks?

  1. Choose a share trading platform. If you’re a beginner, our table below can help you choose.
  2. Open your account. You’ll need your ID, bank details and tax file number (TFN).
  3. Confirm your payment details. You’ll need to fund your account with a bank transfer, debit card or credit card.
  4. Find the shares you want to buy. Search the platform and buy your shares. It's that simple.

Ask an expert: How do you pick ethical stocks?

Eleanor Creagh

Nicolette Boele
Executive, Policy and Standards for Responsible Investment Association Australasia (RIAA).

Find out if a product already screens for fossil fuels. If they do, how do they do screening? Do they exclude companies producing coal, oil and gas? Or they go further to also exclude companies selling products (like petrol stations) or providing finance and logistics to fossil fuels companies? Do they fully exclude companies on this basis? Or do they still let in companies that generate some revenue from fossil fuels?

Secondly, look for the products investing in climate solutions. Climate change solutions products may focus on renewable energy power generation, energy efficient property and sustainable land management practices. Look for products that include investments in these themes and have been certified by RIAA as quality, true-to-label and meets the Australian and NZ Standard for Responsible Investment.

Compare share trading platforms to buy renewable energy stocks

Name Product Standard brokerage fee Inactivity fee Markets International
eToro (global stocks)
US$0
US$10 per month if there’s been no login for 12 months
Global shares, US shares, ETFs
Yes
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
$8
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
Yes
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
ThinkMarkets Share Trading
$8
No
ASX shares
No
$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Yes
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
No
Pay zero brokerage on your first 20 trades and $7.70 after that on over 2,500 ASX listed shares from either your desktop or mobile.
Opentrader Share Trading
$5
No
ASX shares, Options trading, ETFs, Warrants
No
Gain access to chess sponsored shares for as little as $5 per trade.
Get free live data, advanced charting and even gain experience before trading through fantasy portfolios when you sign up with OpenTrader.
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Yes
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
$19.95
No
ASX shares, mFunds, ETFs, Bonds
No
Limited-time offer: Join HSBC’s online trading account before 28 February 2022 and HSBC will reimburse you up to $100 on your first 5 trades. Also traders who transfer $50k+ will get a $200 bonus(T&Cs apply).
Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
SelfWealth (Basic account)
$9.5
No
ASX shares, US shares
Yes
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
No
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Important: Share trading can be financially risky and the value of your investment can go down as well as up. Standard brokerage is the cost to purchase $1,000 or less of equities without any qualifications or special eligibility. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

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Why invest in renewable energy?

In the last century, we've come to rely on fossil fuels to create electricity, power our vehicles and drive manufacturing. But overwhelming evidence says the extraction and use of coal, oil and gas are causing irreversible environmental damage and global warming. Fossil fuels are also finite – over time we'll be forced to rely on alternative energy sources, regardless of our environmental views.

With the world's population expected to reach almost 10 billion by 2050, both environmental constraints and limited fuel and water supply (used in mining) will increase our need for renewable and clean energy sources. For these reasons, investing in renewable energy makes both environmental and money sense.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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