The global shift to renewable energy sources like solar and wind has been one of the leading secular trends over the past year. WIth many governments committing to having zero carbon emissions in the next few decades, many investors have been looking at these clean energy companies as first inning investments in a very long-term game. In Asia, South Korea has always been a leader in technology, so it should not be surprising that one of its largest wind energy companies CS Wind Corporation (KSE:112610.KS) is paving the way as the world’s leading wind tower manufacturer. Learn more
When looking at CS Wind’s stock, keep in mind that shares trade on the Korea Stock Exchange, so any prices are reported in KRW or Korean Won. CS Wind has a market cap of 3.247 trillion KRW, which is the equivalent of roughly $3 billion USD, and currently trades at a price of 77,000 KRW per share, or roughly $69.00 USD. Much of CS Wind’s growth has come over the past year, as the stock surged in August of 2020 as the company secured wind tower deals with countries all over the world who are switching over to renewable energy. But can CS Wind carry on with this growth into the future?
CS Wind Stock Analysis: The bullish case for any renewable energy company is clear right now: the world is moving its industrial and consumer energy sources to clean energy. CS Wind already has operations in South Korea, China, Malaysia, Taiwan, Turkey, the U.K., Vietnam, and Canada. The company specializes in both onshore and offshore wind farms, as well as manufacturing components for industrial plants. When you think of wind energy farms, your mind may instantly think of the leaders in the industry like General Electric, Vestas, Siemens, or Gamesa.
The truth is, CS Wind is not in competition with these companies, but rather it works in conjunction with them as a manufacturer of components and parts. Operations and maintenance are not the responsibility of CS Wind, so investors should think of the company as a pick and shovel play, rather than a turbine operator. In late 2020, CS Wind signed an agreement with Danish company Copenhagen Infrastructure Partners and Stiesdal Offshore Technology to begin offshore wind farm infrastructure development off the coast of Korea.
Wie wird sich Innergex also als langfristige Investition entwickeln? Es gibt definitiv positive Aspekte für Innergex als Akteur in mehreren verschiedenen erneuerbaren Energiequellen. Kanada ist reich an natürlichen Ressourcen sowie an ungenutztem Land für potenzielle neue Standorte. Für langfristige Investoren zahlt Innergex auch eine Dividendenrendite von 3,56%, die höher ist als die anderer kanadischer Branchenführer wie Brookfield Renewable Corporation (NYSE:BEPC), die nur etwa 2,82% abwirft. Was Investoren bei kleineren, einheimischen Energieunternehmen sehen wollen, ist internationales Wachstum und Innergex hat in den letzten Jahren reichlich davon gezeigt. Mit einem Kursabschlag von fast 40 % gegenüber dem 52-Wochen-Hoch ist Innergex eine attraktive Anlagemöglichkeit für Investoren, die auf grüne Energien setzen.