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12 Most Promising Clean Energy Stocks According to Analysts

In this piece, we will take a look at the 12 most promising clean energy stocks according to analysts. If you want to skip our analysis of the clean energy industry and the latest news, then take a look at 5 Most Promising Clean Energy Stocks According to Analysts.

The clean energy industry made up primarily of renewable energy sources such as solar and wind power, has been at the center of media coverage as 2023 comes to an end. This is because of the COP28 climate conference held in Dubai and attended by dignitaries from all over the world. Despite the controversies that surfaced before the event, its conclusion saw countries agree to “transition away” from fossil fuels. This language drew sharp criticism as the delegates were criticized for not doing enough and committing to a full fossil fuel phaseout.

Yet, while fossil fuels as a whole were not on the execution table, COP28 did see the U.S. agree to phase out coal from its energy supply chain. U.S. Special Envoy John Kerry revealed at the event that his country had agreed to stop building new coal power plants and phase out existing ones. Another key development, especially when it comes to the corporate side of things, was the Oil and Gas Decarbonization Charter. This charter, which seeks to end gas flaring by 2030, become net zero by 2050, and zero out methane emissions, was signed by some of the biggest oil companies in the world such as Exxon Mobil Corporation (NYSE:XOM), Shell plc (NYSE:SHEL), and Equinor ASA (NYSE:EQNR). Together, all these signatories control 40% of the world’s oil production. However, the initiative was also the center of criticism, with the research group Climate Action Tracker calling the decarbonization charter:

a greenwashing initiative by oil and gas companies. It only focuses on upstream emissions from oil and gas production – but the real change has to come from phasing out fossil fuels, where emissions are at least five times greater.

Another major development at the COP28, especially when it comes to the clean energy industry, was the Global Renewables and Energy Efficiency Pledge. This is an initiative of which 130 countries are part of, and it seeks to triple global installed renewable energy capacity to 11 terawatts by 2030. It is particularly notable since the developed world, made of countries such as the United States and the European Union block, is also joined by others such as Brazil, Nigeria, and Chile. However, while the commitments by more than a hundred countries are notable, the fact that China and India are not part of this list is worrying. Insider Monkey’s coverage of 25 Countries that Produce the most Carbon Dioxide Emissions shows that China is part of this list, while India and China are both present in our coverage of 20 Countries That Produce the Most Coal.

This makes it clear that the clean energy industry is set to thrive. After the 2022 Russian invasion of Ukraine which shook the global oil supply chain, renewable energy sources were put on the back burner as governments and companies focused on maintaining stability of fossil fuel supply. When coupled with rapid interest rate hikes that have upended global capital markets, clean and renewable energy have continued their drop in 2023. For example, consider the performance of the Invesco Global Clean Energy UCITS ETF from the start of January 2023 to December 11th, 2023 (the day before the clean energy initiatives were announced). During this time period, the ETF was down by 20.4%, after posting some gains during the stock market frenzy of H1 2023. However, immediately after the COP28 initiatives were announced, the ETF gained 9.6% on the market. The stock market is an estimation of investors’ expectations for the future, so it can be concluded that cOP28 led them to become positive about clean energy’s future.

Yet, while the COP28 commitments are less than a month old, investors have already been piling into the clean energy sector. We took a look at these investments as part of our coverage of 12 Best Clean Energy Stocks To Buy According to Billionaires. In this list, the top three stocks that billionaire owned or led hedge funds had bought during Q3 2023 were Sunrun Inc. (NASDAQ:RUN), Enphase Energy, Inc. (NASDAQ:ENPH), and First Solar, Inc. (NASDAQ:FSLR).

But what about analysts? Well, we took a look at which clean energy stocks are the most promising according to analysts to determine that the top three were Shoals Technologies Group, Inc. (NASDAQ:SHLS), Plug Power Inc. (NASDAQ:PLUG), and Green Plains Inc. (NASDAQ:GPRE).

A renewable energy source such as solar, wind or hydropower being installed in an industrial setting.

Our Methodology

To make our list of the most promising clean energy stocks according to analysts, we ranked the top 30 stocks of the iShares Global Clean Energy ETF by their average analyst percentage share price upside. Out of these, the top stocks were chosen.

Most Promising Clean Energy Stocks According to Analysts

12. Nextracker Inc. (NASDAQ:NXT)

Latest Analyst Share Price Upside: 7.65%

Nextracker Inc. (NASDAQ:NXT) is a solar technology company that provides products that enable solar panels to track the Sun. The firm made a big announcement in December 2023 when it revealed that it had installed 10 gigawatts of solar trackers in its Middle Eastern, Indian, and African projects.

As of September 2023, 26 out of the 910 hedge funds profiled by Insider Monkey were Nextracker Inc. (NASDAQ:NXT)’s investors. It joins Shoals Technologies Group, Inc. (NASDAQ:SHLS), Plug Power Inc. (NASDAQ:PLUG), and Green Plains Inc. (NASDAQ:GPRE) in our list of the most promising clean energy stocks according to analysts.

11. Avangrid, Inc. (NYSE:AGR)

Latest Analyst Share Price Upside: 7.67%

Avangrid, Inc. (NYSE:AGR) is an American utility headquartered in Orange, Connecticut. The firm uses solar, wind, and other renewable energy sources to generate electricity. December 2023 saw the firm share with regulators that it had already hired 500 union workers for a wind power plant in Massachusetts.

During this year’s third quarter, 19 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Avangrid, Inc. (NYSE:AGR). Cliff Asness’s AQR Capital Management was the firm’s largest shareholder as it owned $26.5 million worth of shares.

10. ReNew Energy Global Plc (NASDAQ:RNW)

Latest Analyst Share Price Upside: 15.36%

ReNew Energy Global Plc (NASDAQ:RNW) is a British pure play renewable energy company that generates power in India. The firm has beaten analyst EPS estimates in three out of its four latest quarters and the stock is rated Strong Buy on average with an average share price target of $8.26.

Insider Monkey’s September quarter of 2023 survey covering 910 hedge funds revealed that 13 were the firm’s investors. ReNew Energy Global Plc (NASDAQ:RNW)’s biggest hedge fund investor is David Rosen’s Rubric Capital Management due to its $54.7 million stake.

9. Brookfield Renewable Corporation (NYSE:BEPC)

Latest Analyst Share Price Upside: 19.41%

Brookfield Renewable Corporation (NYSE:BEPC) is an American pure play renewable energy firm that generates close to 13,000 megawatts of electricity. Its third quarter earnings saw the firm report a 7% annual funds from operations growth and $2.2 billion in transactions for equity investments.

8. Array Technologies, Inc. (NASDAQ:ARRY)

Latest Analyst Share Price Upside: 36.13%

Array Technologies, Inc. (NASDAQ:ARRY) is another solar panel tracking products and services provider. After the Federal Reserve’s dovish stance injected fresh fervor into markets, Array Technologies, Inc. (NASDAQ:ARRY)’s shares have soared by 19.54% over the past month.

Insider Monkey dug through 910 hedge fund holdings for this year’s September quarter and found 40 Array Technologies, Inc. (NASDAQ:ARRY) shareholders. The firm’s biggest hedge fund investor is Jos Shaver’s Electron Capital Partners since it owns 6.1 million shares that are worth $135 million.

7. First Solar, Inc. (NASDAQ:FSLR)

Latest Analyst Share Price Upside: 36.27%

First Solar, Inc. (NASDAQ:FSLR) is an American firm that sells solar panels in several different countries. The firm has beaten analyst EPS estimates in three out of its four latest quarters and the shares are rated Buy on average. Analysts have set an average share price target of $229.84 for First Solar, Inc. (NASDAQ:FSLR).

By the end of 2023’s third quarter, 49 out of the 910 hedge funds covered by Insider Monkey’s research were the firm’s investors. First Solar, Inc. (NASDAQ:FSLR)’s largest stakeholder among these is Robert Pohly’s Samlyn Capital as it owns $293 million worth of shares.

6. Canadian Solar Inc. (NASDAQ:CSIQ)

Latest Analyst Share Price Upside: 37.16%

Canadian Solar Inc. (NASDAQ:CSIQ) is a Canadian company that sells solar panels and associated products used in solar power generation systems. It scored a big win in December 2023 by winning a battery storage technology supply contract for Britain’s largest battery storage project.

As of Q3 2023 end, ten out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Canadian Solar Inc. (NASDAQ:CSIQ). Israel Englander’s Millennium Management was the biggest investor due to its $25.6 million investment.

Shoals Technologies Group, Inc. (NASDAQ:SHLS), Canadian Solar Inc. (NASDAQ:CSIQ), Plug Power Inc. (NASDAQ:PLUG), and Green Plains Inc. (NASDAQ:GPRE) are some clean energy stocks finding favor with analysts.

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Disclosure: None. 12 Most Promising Clean Energy Stocks According to Analysts is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

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