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Why This Renewable Energy Stock Doubled in 2020

Lee Samaha, The Motley Fool
·5-min read
Why This Renewable Energy Stock Doubled in 2020

Renewable energy stock TPI Composites (NASDAQ: TPIC) has made a lot of investors happy in 2020. The stock has more than doubled this year, and its move comes down to a lot more than just investor interest in wind energy and/or speculation over a U.S. policy shift with regard to renewable energy. The company is the largest independent manufacturer of composite wind blades for the wind energy market.