13 Best Renewable Energy Stocks To Buy According to Hedge Funds

Published on February 12, 2024 at 5:19 am by Fatima Farooq in Hedge Funds, News

In this article, we will be taking a look at the 13 best renewable energy stocks to buy according to hedge funds. To skip our detailed analysis of the renewable energy sector, you can go directly to see the 5 Best Renewable Energy Stocks To Buy According to Hedge Funds.

Clean Energy: A Significant Investing Space

It’s no secret that the global community today is facing one of the greatest challenges imaginable in the form of the global climate crisis. With global temperatures on the rise and emissions adding fuel to the fire, climate activists have been on the offensive, trying to call attention to the gravity of the climate crisis and what it may mean for future generations. In the midst of this growing concern regarding the planet and climate change, many businesses are attempting to push forward a renewable energy agenda, with investors taking note. As such, many renewable energy companies are beginning to occupy more of investors’ portfolios than they ever did before, making this area of energy an important and increasingly popular space to keep an eye on.

An example of an increasingly popular renewable energy company comes in the form of Avangrid, Inc. (NYSE:AGR). This American company has just been recognized by JUST Capital in its JUST 100 Companies list – a list ranking the best corporate citizens of the US. Avangrid, Inc. (NYSE:AGR) has ranked first among utilities in the 2024 JUST 100 list, and number 12 overall. The company’s CEO, Pedro Azagra Blazquez, joined CNBC’s “Squawk Box” on February 7 to discuss Avangrid, Inc.’s (NYSE:AGR) position in the renewable energy space and overarching trends within the sector. On being asked about the impact of government funding on the success of the renewable energy sector, Blazquez said the following:

“Part of the development has to be helped, that already happens. But also, for part of the assets you do PPAs, you go straight to the market, you have customers, big customers, you know, people that you interview quite often, we have PPAs with them as well. So, you have a combination of just the market but also some help from the production point of view, for the major projects we are doing.”

Challenges Faced by Renewable Energy Companies Today

On the hurdles faced by renewable energy companies in the industry these days, Blazquez made the following comments:

“The first one is permitting. I mean, the amount of permitting you need, it takes years. It takes probably five, eight years, for an offshore wind park. It takes three, four, five years to do an offshore park of solar. The permitting is critical, so that’s one of the issues. The second one is… what I would call litigation. I think in the US, everybody litigates. It’s quite normal to have litigation for everything. That also delays the projects. So, from our point of view, it’s not access to capital. It’s just predictability and permitting. Regulation is key. If you change regulation every year, thing’s will not work. If you have a predictable framework, then things will be invested, and you’ll have reality in the assets.”

The importance of predictable regulations in the renewable energy space cannot be highlighted enough, as investors are pouring billions of dollars into the space. For such an inflow of capital to continue, predictability in regulation will be key, as Blazquez put it.

Is Sustainability Slipping Down The Agenda for Investors?

On January 18, Mark Carney, the Chairman of Brookfield Asset Management and United Nations special envoy on climate action and finance, joined CNBC to discuss the scope of sustainability in investors’ agendas this year. Here’s what he had to say:

“It [sustainability] hasn’t slipped down the agenda for investors. If you look at the growth in investment in clean energy, it grew by 50% last year, and not from a small base. In 2022, it was $1.2 trillion, so that means it got to $1.8 trillion dollars. That’s almost twice as much investment as in conventional energy. So there’s a huge surge in investment in clean energy, in EVs, in the whole supply chain.”

Carney later moved on to discuss the role Brookfield Asset Management is playing in the renewable energy space, and the importance of the US government placing a higher priority on clean energy. Here’s what he had to say:

“Brookfield does a number of things but it’s one of the biggest investors, developers of renewable energy around the world, and those are all economic decisions. And so when we look at new power around the world, and again, I’m gonna appeal to the AI revolution that’s just beginning, all of that demands clean energy alongside. For the data centers, for the compute, that comes with the AI explosion. Now, over 90% of the investment, the ads worldwide, were clean energy. That’s the future, that’s where the investment is, and that is not investment, whether it’s wind, solar, batteries, that require subsidies. What’s more at issue, more at risk, are the next phase of climate technologies. Think hydrogen, carbon capture, and storage, which are areas where the United States could world leaders. But if the US isn’t world leaders in that, somebody else is going to be. And those countries are going to grab that market share, and the returns of that are going to be felt over following decades, long after whoever wins the next US presidential election.”

In light of the above, it’s apparent that clean energy stocks such as General Electric Company (NYSE:GE), NextEra Energy, Inc. (NYSE:NEE), and First Solar, Inc. (NASDAQ:FSLR) are going to be occupying a more important position in investing portfolios. As such, we have compiled a list of some of the best renewable energy stocks to buy according to hedge funds. These include some of the top clean energy stocks in the US and abroad, alongside some of the best clean energy stocks for the long term.

Solar panels in an agricultural field, highlighting the company’s commitment to renewable energy.

Our Methodology

We selected the names for our list of the best renewable energy stocks to buy by consulting Insider Monkey’s hedge fund data for the third quarter. The stocks are ranked based on the number of hedge funds holding stakes in them, from the lowest to the highest. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

Best Renewable Energy Stocks To Buy According to Hedge Funds

13. Daqo New Energy Corp. (NYSE:DQ)

Number of Hedge Fund Holders: 18

Daqo New Energy Corp. (NYSE:DQ) is a Chinese company. It manufactures and sells polysilicon to photovoltaic product manufacturers in China to be used in ingots, wafers, cells, and modules for solar power solutions.

There were 18 hedge funds long Daqo New Energy Corp. (NYSE:DQ) in the third quarter, with a total stake value of $281 million.

Ariose Capital was the largest shareholder in Daqo New Energy Corp. (NYSE:DQ) at the end of the third quarter, holding 800,124 shares in the company.

Like General Electric Company (NYSE:GE), NextEra Energy, Inc. (NYSE:NEE), and First Solar, Inc. (NASDAQ:FSLR), Daqo New Energy Corp. (NYSE:DQ) is a top clean energy stock to buy now.

12. Avangrid, Inc. (NYSE:AGR)

Number of Hedge Fund Holders: 19

Anthony Crowdell at Mizuho holds a Neutral rating and a $34 price target on Avangrid, Inc. (NYSE:AGR) as of January 3.

Avangrid, Inc. (NYSE:AGR) is an energy services holding company based in Orange, Connecticut. It engages in the renewable energy generation business in the US, focusing on onshore wind power, solar, biomass, and thermal.

We saw 19 hedge funds long Avangrid, Inc. (NYSE:AGR) in the third quarter, with a total stake value of $117 million.

11. Clearway Energy, Inc. (NYSE:CWEN)

Number of Hedge Fund Holders: 23

Clearway Energy, Inc. (NYSE:CWEN) was spotted in the portfolios of 23 hedge funds at the end of the third quarter, with a total stake value of $111.7 million.

Clearway Energy, Inc. (NYSE:CWEN) is a renewable electricity company based in Princeton, New Jersey. It has about 5,500 net megawatts of installed wind and solar generation projects and is among the best clean energy stocks to buy today.

Oppenheimer’s Noah Kaye maintains an Outperform rating and a $37 price target on Clearway Energy, Inc. (NYSE:CWEN) as of January 19.

10. Green Plains Inc. (NASDAQ:GPRE)

Number of Hedge Fund Holders: 24

At the end of the third quarter, Aubrey Capital Management was the largest shareholder in Green Plains Inc. (NASDAQ:GPRE).

Green Plains Inc. (NASDAQ:GPRE) is an energy company based in Omaha, Nebraska. It produces, stores, distributes, and sells clean fuel.

On January 30, Goldman Sachs analyst Adam Samuelson maintained a Buy rating and a $34 price target on Green Plains Inc. (NASDAQ:GPRE).

A total of 24 hedge funds held stakes in Green Plains Inc. (NASDAQ:GPRE) in the third quarter. Their total stake value was $306.3 million.

White Brook Capital Partners mentioned Green Plains Inc. (NASDAQ:GPRE) in its fourth-quarter 2023 investor letter:

“Mosaic (MOS) and Green Plains Inc. (NASDAQ:GPRE), our commodity-sensitive investments, remain substantial positions in the portfolio. The companies are a natural hedge to each other in some ways, as the price of corn is a feedstock for Green Plains while it bolsters the purchasing power of Mosaic’s customers. On the other hand, higher oil prices are a positive for Green Plains, while the opposite is true for Mosaic.

Green Plains is a troubled investment. The stock did not perform as expected in 2023 and has had a difficult start to 2024. The Company continues to be well positioned, generating solid margins on each kernel of corn as the corn crush margin stays meaningfully positive. Furthermore, the industry’s progression is clear. There is an opportunity for ethanol producers to increase short and long term profitability by deriving higher amounts of corn oil, specialty alcohols, and high-density feed protein from each kernel of corn. It’s also increasingly clear that the required capital will prevent many current operators from transitioning. Green Plains was fortunate to begin its conversion relatively early and to have the scale necessary to complete the transition.

During the year, the regulatory environment bent towards ethanol producers as the federal government stopped preventing several midwestern states from blending a higher percentage of ethanol into gasoline and included their substrates in Inflation Reduction Act climate change subsidies…” (Click here to read the full text)

9. Sunrun Inc. (NASDAQ:RUN)

Number of Hedge Fund Holders: 26

Sunrun Inc. (NASDAQ:RUN) designs, develops, installs, and sells residential solar energy systems in the US. It is based in San Francisco, California, and is among the top renewable energy stocks to buy, according to hedge funds.

Our hedge fund data shows 26 hedge funds long Sunrun Inc. (NASDAQ:RUN) in the third quarter, with a total stake value of $460 million.

A Buy rating and a $28 price target were maintained on Sunrun Inc. (NASDAQ:RUN) on January 3 by Mizuho’s Maheep Mandloi.

8. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Number of Hedge Fund Holders: 27

Impax Asset Management was the most prominent shareholder in SolarEdge Technologies, Inc. (NASDAQ:SEDG) at the end of the third quarter, holding 954,264 shares in the company.

Christopher Souther at B. Riley Securities maintains a Buy rating and a $133 price target on SolarEdge Technologies, Inc. (NASDAQ:SEDG) as of February 5.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. It is based in Herzliya, Israel.

was seen in the 13F holdings of 27 hedge funds in the third quarter. Their total stake value was $375 million.

Here’s what ClearBridge Investments said about SolarEdge Technologies, Inc. (NASDAQ:SEDG) in its third-quarter 2023 investor letter:

“Solar energy technology companies SolarEdge Technologies, Inc. (NASDAQ:SEDG) and Shoals, meanwhile, saw headwinds from destocking in the U.S. and Europe. U.S. demand could slow further due to new net metering rules that reduce the value to consumers from sending excess residential solar energy back to the grid. SolarEdge, which makes inverters for solar systems as well as residential and commercial battery systems, is also facing rising battery competition in the U.S. from Tesla.”

7. Algonquin Power & Utilities Corp. (NYSE:AQN)

Number of Hedge Fund Holders: 28

On January 8, Ben Pham at BMO Capital upgraded Algonquin Power & Utilities Corp. (NYSE:AQN) from Market Perform to Outperform and placed a $7.50 price target on the stock.

Algonquin Power & Utilities Corp. (NYSE:AQN) had 28 hedge funds long its stock in the third quarter, with a total stake value of $541.1 million.

Based in Oakville, Ontario, Canada, Algonquin Power & Utilities Corp. (NYSE:AQN) is a renewable energy and utility company. It owns and operates hydroelectric, wind, solar, renewable natural gas, and thermal facilities.

6. Enbridge Inc. (NYSE:ENB)

Number of Hedge Fund Holders: 35

In total, 35 hedge funds were long Enbridge Inc. (NYSE:ENB) in the third quarter. Their total stake value was $401.5 million.

Enbridge Inc. (NYSE:ENB) is an energy company with a proactive Renewable Power Generation segment that operates assets such as wind, solar, geothermal, and waste heat recovery. It is based in Calgary, Canada.

Like General Electric Company (NYSE:GE), NextEra Energy, Inc. (NYSE:NEE), and First Solar, Inc. (NASDAQ:FSLR), Enbridge Inc. (NYSE:ENB) is one of the best clean energy stocks to buy now.

Click to continue reading and see the 5 Best Renewable Energy Stocks To Buy According to Hedge Funds.

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

Published on June 23, 2025 at by Inan Dogan, PhD

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!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

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.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

13 Best Renewable Energy Stocks To Buy According to Hedge Funds

Published on February 12, 2024 at 5:19 am by Fatima Farooq in Hedge Funds, News

Clean Energy: A Significant Investing Space

Challenges Faced by Renewable Energy Companies Today

Is Sustainability Slipping Down The Agenda for Investors?

Best Renewable Energy Stocks To Buy According to Hedge Funds

13. Daqo New Energy Corp. (NYSE:DQ)

12. Avangrid, Inc. (NYSE:AGR)

11. Clearway Energy, Inc. (NYSE:CWEN)

10. Green Plains Inc. (NASDAQ:GPRE)

9. Sunrun Inc. (NASDAQ:RUN)

8. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

7. Algonquin Power & Utilities Corp. (NYSE:AQN)

6. Enbridge Inc. (NYSE:ENB)

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

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

13 Best Renewable Energy Stocks To Buy According to Hedge Funds

Published on February 12, 2024 at 5:19 am by Fatima Farooq in Hedge Funds, News

Share

Clean Energy: A Significant Investing Space

Challenges Faced by Renewable Energy Companies Today

Is Sustainability Slipping Down The Agenda for Investors?

Best Renewable Energy Stocks To Buy According to Hedge Funds

13. Daqo New Energy Corp. (NYSE:DQ)

12. Avangrid, Inc. (NYSE:AGR)

11. Clearway Energy, Inc. (NYSE:CWEN)

10. Green Plains Inc. (NASDAQ:GPRE)

9. Sunrun Inc. (NASDAQ:RUN)

8. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

7. Algonquin Power & Utilities Corp. (NYSE:AQN)

6. Enbridge Inc. (NYSE:ENB)

Share

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

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff