5 Renewable Energy Penny Stocks: VKIN, TANH, OPTT, FTEK, SUNW

Following are the major movers in the renewable energy sector over past trading sessions. Keep an eye on these stocks as momentum is strong.

If you are interested in nanocap stocks here is one you should look into

Viking Energy Group (OTCMKTS:VKIN) is perfect for any speculative investor searching for ESG investments.  The diversified green company has made three recent acquisitions; a carbon capture system that produces sellable commodities from carbon emissions, a medical waste treatment device called the ‘OZONE’, and a Green Renewable Diesel Production Facility in Reno that it is extremely close to closing on.  VKIN has a lot of potential market shifting events potentially in the near-term horizon.  So now is the time to start your research on VKIN.

Fuel Tech Inc. (NASDAQ:FTEK) stock was in limelight as the stock ended flat. The stock ended flat to $1.18 with more than 61k shares traded hands, compared to its average volume of 447k shares. The stock has moved down 41% in the past 6-month. Fuel Tech, Inc. (FTEK) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

Sunworks Inc. (NASDAQ:SUNW) is another stock in the energy sector which has been showing consistent fall and made a new 52-week low. The stock has moved down 30% over the past one month. Moreover, the stock has slumped 36% so far this year. The stock is trading above 3% from its 52-week low and 91% away from its 52-week high. Sunworks is a premier provider of high performance solar power systems. Sunworks is committed to quality business practices that exceed industry standards and uphold its ideals of ethics and safety. Sunworks continues to grow its presence, expanding nationally with regional and local offices.

Tantech Holdings Ltd (NASDAQ:TANH) stock bounced back a bit in the previous session after the recent fall. BDCO stock was down 4.20% to $0.29 with more than 309k shares exchanged hands, compared to its average volume of 2.66 million shares. The stock is trading above 6% from its 52-week low and 87% away from its 52-week high. Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People’s Republic of China and internationally.

Ocean Power Technologies Inc. (NYSEAMERICAN:OPTT) is another energy stock which has been showing consistent rise and made a new 52-week low. The stock was down 1% to $1.02 on Tuesday on higher than average volume. Moreover, the stock has fallen 28% over the past month. The stock is trading above 10% from its 52-week low and 83% away from its 52-week high. Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in America, Europe, and Australia.