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Thursday's Bonus News As Global Renewables Surpass Coal, This ETF Offers Smart ExposureWritten by Jordan Chussler. Published 10/19/2025. 
Key Points - According to a new report, renewable energy has overtaken coal as the primary source of electricity around the world.
- The iShares Global Clean Energy ETF provides exposure to companies operating in the clean energy industry around the world.
- The fund is having a strong year with a YTD gain of nearly 42%, but more should be in store as renewables continue to dominate electric power production.
Since the advent of commercially available electricity, coal has been the world's primary source of power generation. Although natural gas overtook coal as the leading U.S. source in 2016, coal remained dominant globally — until the first half of 2025. According to a report published by energy think tank Ember, renewable energy sources collectively contributed 34.3% of all global electricity generated in the first six months of the year, compared with coal's 33.1%. Just like Microsoft and Adobe rode the software wave in Web 1.0, RAD Intel is riding the AI software wave in 2025. Their product helps brands instantly find the right audience and message using AI – solving the #1 waste in marketing: misfired ad spend.
With major brands already onboard and their Nasdaq ticker reserved, RAD Intel is early – but very real. Investors can still buy shares at just $0.81 through a Regulation A+ round. Lock in $0.81 shares today While fossil fuels and their producers still play a large role in the global energy mix, this historic shift toward clean energy marks a turning point. For investors seeking exposure, one ETF provides access to a basket of global renewable energy stocks, and so far this year the fund has outperformed the S&P 500 by more than 28%. While the U.S. Lags, China and India Forge Ahead With Clean Energy The United States remains heavily reliant on fossil fuels for electric power production. According to the U.S. Energy Information Administration, in 2024 natural gas accounted for roughly 38% of total energy production, crude oil about 27% and coal roughly 10%. Renewables have been slower to scale. In 2024 biofuels, wind and solar each set new records: biofuels production rose 6% year-over-year (YOY), wind grew 8% and solar increased 25%. Despite those gains, renewables still lag behind natural gas, crude oil and coal by a significant margin in the U.S. Abroad, however, the picture looks different. The world's two most populous nations — India and China — have pushed aggressively into sustainability projects, with China both dramatically increasing its use of renewables and reducing its reliance on fossil fuels. Ember reported that in the first half of 2025 China accounted for 55% of global solar generation growth versus just 14% for the United States. China also represented 82% of wind growth, while its fossil-fuel electricity generation has begun to plateau. India experienced record growth in solar and wind during the first half of the year, with solar expanding 25% YOY. Ember also noted that U.S. renewable additions are not keeping pace with rising demand. That is why investors seeking clean-energy exposure may prefer funds that focus on global companies operating in the space. A Market-Beating Global Renewable Energy ETF As its name suggests, the iShares Global Clean Energy ETF (NASDAQ: ICLN) seeks to track the investment results of an index composed of global equities in the clean energy sector. The fund's 129 holdings include companies based in Brazil, China, Denmark, Germany, India, Indonesia, Japan, New Zealand, Portugal, South Korea, Spain, the United Kingdom and the United States. Although one might expect the ETF to be entirely weighted to pure-play renewable companies, its industry mix is more diversified. By industry, its top five allocations are: - Electric utilities: 29.25%
- Renewable electricity: 21.01%
- Heavy electrical equipment: 19.79%
- Semiconductors: 11.46%
- Electrical components and equipment: 10.82%
With First Solar (NASDAQ: FSLR) and Bloom Energy (NYSE: BE) among its largest holdings, ICLN's nearly 42% year-to-date gain has outpaced the broader market in 2025. First Solar is the largest U.S.-based solar-panel manufacturer and has improved margins by operating end-of-life photovoltaic recycling at its facilities. Bloom Energy designs and manufactures solid-oxide fuel cells that generate electricity onsite — including for AI data centers. That business has helped BE shares surge more than 388% this year. The ETF's expense ratio of 0.41% is largely offset by the fund's dividend, which yields 1.52% (about $0.25 per share annually). Quarterly dividend payouts have risen more than 92% between Dec. 30, 2020 and the fund's most recent distribution on June 16, 2025. What Wall Street Thinks of ICLN Based on 175 analyst ratings over the past year covering seven companies that make up slightly more than 28% of ICLN's portfolio, the fund carries a Moderate Buy rating. Institutional ownership showed net selling over the past year. Still, inflows of $143 million exceeded outflows of $114 million over the same period. Short interest stands at a modest 3.41% of the float. Investors looking to gain exposure to the global shift toward renewable electricity may consider adding a position in ICLN.
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