Clean Energy, an industry group, has jumped 10.9% this year, and it has also seen a significant increase in revenue, which it expects to hit $12 billion by 2022.
Clean Energy has been the beneficiary of a $1.5 billion investment from the European Union in Clean Energy Finance and Services, according to the company’s website.
The fund was set up by the European Commission to help clean energy companies and investors grow.
It’s now up to clean energy firms to secure this investment and the investment fund has been set up to help with the regulatory process.
Clean energy stocks have been climbing since the start of the year, but the overall picture is a bit mixed.
For example, the S&P 500 has climbed a little bit more than 20% since November, while the Nasdaq has been up more than 30%.
Meanwhile, the Dow Jones Industrial Average has slipped about 20%.
Read more: Clean Energy and energy stocks to rally amid investment deal