Strong tailwind from the renewable energy sector
Megatrends are powerful, transformative forces that could change a whole industry as we know it today. Identifying companies that could benefit from these trends could have a positive impact on an investor's portfolio performance over time. One of the strongest themes today is the world's transition to renewable energy sources, replacing the historic fossil fuel based power generation mix with clean, sustainable sources like solar and wind.
Based on Bloomberg New Energy Finance's estimates, solar and wind will make up almost 50% of world electricity by 2050, as