This week, 150 world leaders are meeting in France for the 2015 Paris Climate Change Conference. While the goal of the meeting is to create a legally-binding action plan to combat global climate change, the ultimate takeaway from the conference is already clear; the debate is over and the time for action is now.

Here in the States, climate change has been on the radar for years, but the movement has recently gained momentum as President Obama has put it on the forefront of his agenda. Obama’s “Climate Change Action Plan” promises more than $120 million for clean energy programs.

This renewed attention to climate change is good news for the renewable energy industry, which has struggled recently due to ridiculously low oil prices. While increased output suggests that oil prices will remain low, a shifting global focus and new government subsidies should be good news for the green energy industry going forward.

With that said, it is important for investors to get in on what could be a very profitable green energy boom. As all savvy investors know, one’s best stocks will be found in the best industries, so we’ve highlighted three of the best companies in the renewable energy sector below:

Ormat Technologies, Inc. (ORA)

Ormat Technologies is a provider of renewable and alternative energy. Ormat does business in the thermal, solar, and oil sands extraction segments. The company is most known for its Ormat Energy Converter (OEC) devices, which convert low and medium temperature heat into electrical energy with low emissions. Ormat is the third largest geothermal energy producer in the United States and has installed over 900 of its OEC devices around the world.

Right now, Ormat has a Zacks Rank #1 (Strong Buy). For the current quarter, the Zacks Consensus Estimate for earnings is 47 cents, which represents a year-over-year growth of 51.61%. Based on analyst estimates, it seems that next year could be much stronger than expected for Ormat, as the Most Accurate Estimate for 2016 is currently 14.36% higher than the Zacks Consensus Estimate.

JA Solar Holdings (JASO)

JA Solar is a Shanghai-based company that is the world’s largest producer of solar cells. The company sells its monocrystalline and multicrystalline solar cells to solar module manufactures which then assemble systems that harvest sunlight for electrical energy. After finding success thanks to government subsidies, JA Solar is now one of the leaders in the global green energy market.

Currently, JA Solar has a Zacks Rank #1 (Strong Buy). Recently, we have seen a positive earnings estimate adjustment for the current quarter, next quarter, and next year. JA Solar’s current standing is also propelled by its recent earnings success, as the company beat the Zacks Consensus Estimate by over 130% in its latest report.

ReneSola Ltd. (SOL)

ReneSola is a Chinese company that produces solar wafers. These silicon wafers are a component of solar cells, and ReneSola markets to solar panel manufacturers like JA Solar. As the demand for solar energy products goes up, the demand for ReneSola’s wafers also goes up.

ReneSola currently has a Zacks Rank #1 (Strong Buy). Last quarter, the company posted a surprise profit and beat the Zacks Consensus Estimate by 260%. ReneSola also has impressive Style Scores, with “B” grades in Growth and Value, as well as an “A” in Momentum.

Bottom Line

While oil prices may continue to hurt the demand for green energy in the short term, it is undeniable that the global focus on climate change will help this industry in the future. As demand for these products goes up, stocks in these industries could see some serious gains. For investors wanting to get in before this impending boom, the companies mentioned above seem to be positioned for success going forward.

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