3 High-Yield Renewable-Energy Stocks

According to the International Energy Agency's latest World Energy Outlook, global renewable-power generation capacity is expected to double over the next 25 years. Driving this growth is a combination of climate-change fears and a massive reduction in costs that should power market-share growth for renewables from 23% today up to 37% by 2040.

While this rapid rate of expansion is ideal for growth-focused investors, it's also powering big dividends for income investors. Three great options for investors who want a renewable cash-flow stream are Enviva Partners (NYSE: EVA), Pattern Energy Group (NASDAQ: PEGI), and Brookfield Renewable Partners (NYSE: BEP). Our Foolish investors take a look at all three.

Tyler Crowe (Enviva Partners): In terms of energy, "renewable" doesn't only mean solar and wind. It just means an energy source that can be renewed in a relatively short time. Using that definition, we can add biomass as a renewable energy, and that gives us an attractive high-yield investment to consider: Enviva Partners.

Source: Fool.com