5 Renewable Energy Stocks Under $5: VKIN, TANH, FTEK, PETS, VVPR

The Russia-Ukraine War has caused Germany to accelerate its clean energy plan, to become 100% renewable by 2035.  Other countries may follow suit.  Combined with rising oil prices.  Now is a good time to start your research on emerging renewable energy companies.

Viking Energy Group (OTCMKTS:VKIN) may be one of the best ways to play skyrocketing energy prices.   VKIN  has proven oil and gas assets valued at over $96 million located in North America in Kansas, Missouri, Texas, Louisiana, and Mississippi.  VKIN’s oil & gas holdings aren’t something the company speaks about regularly because it is focused on several ESG initiatives, which are covered below.   However, the fact is VKIN’s assets are increasing in value rapidly and the market has yet to factor that in, which is one reason to like the company.

Viking Energy (OTCMKTS:VKIN) is unique in that not only will its oil & gas assets rise in value; but its several diversified green energy subsidiaries will also benefit as rising oil prices push people toward green alternatives.  These include a Green biodiesel production facility and a carbon capture technology.  Other products in the company’s green portfolio include a medical waste treatment technology and a newly acquired Electric grid optimization technology that allows for retrofitting.  

Tantech Holdings Ltd (NASDAQ:TANH): Over the course of the past month the Tantech stock has been in the middle of a major selloff and has tanked by as staggering 67% so far. In this situation, it may be a good idea for investors to perhaps take a look at the evens from last month.

The adverse reaction from investors came about after the company announced that it was going to issue more shares right after it had managed to regain compliance with the NASDAQ rules. The issuance of more shares leads to the dilution of the shares held by existing shareholders and that was possibly the reason behind the almighty selloff in the Tantech stock.

PetMed Express Inc (NASDAQ:PETS) Another company that you could look into today is that of PetMed Express Inc. There has been no news about the company this month so far However, back on March 28 the company announced that it had appointed a new independent director to its Board of Directors in the form of Diana GarvisPurcel.

The appointment actually went into effect on April 4, 2022. In this regard, it ought to be noted that Purcel will work in the capacity of the new Chair of the company’s Audit Committee as well.

Fuel Tech Inc (NASDAQ:FTEK): Revenues for the fourth quarter grew to $6.5 million from $6.2 million in Q4 2020, reflecting higher revenues at APC driven by the timing of project execution and new APC orders, partially offset by lower revenues at FUEL CHEM due to lower revenue from non-chemical sales. Net loss in Q4 2021 was $(0.2) million, or $(0.01) per share, compared to net loss of $(1.5) million, or $(0.07) per share, in Q4 2020.

VivoPower International PLC (NASDAQ:VVPR): Last but not least, it is the VivoPower International PLC stock that could be on the radars of many investors in the coming days. Earlier on in the week the company was in the news after it announced that Alliance Global Partners had started covering the VivoPower stock and gave the stock a ‘buy’ recommendation.

In addition to that, it was also noted that the price target for the stock had been set at $5 a share. It was a fairly bullish report and it will be interesting if that shows up in the VivoPower stock or not.