In this article, we are going to discuss the 8 best wind power and solar stocks to buy right now.
According to the International Energy Agency, the global power demand is set to grow at an average annual rate of 3.5% over the rest of this decade. This is driven primarily by the surging industrial use of electricity, the continued popularity of electric vehicles, higher air conditioning use, and the rapid expansion of data centers amid the ongoing AI boom.
Meeting such a heavy demand sustainably requires continued investments in clean, affordable, reliable, and renewable sources of power. As a result, the global power generation from renewables is now in the process of overtaking generation from coal, after virtually drawing level with it last year. This momentum is set to continue, with the IEA expecting the world’s renewable power capacity to surge by almost 4,600 GW between 2025 and 2030, with most of this growth coming from utility-scale and distributed solar PV.
The rapid progress of the clean energy sector is also reflected by the S&P Global Clean Energy Transition Index, which measures the performance of companies in global clean energy-related businesses from both developed and emerging markets. The index has surged by just over 15% since the beginning of 2026, compared to gains of around 3.6% posted by the overall S&P 500 during the period.
With that said, here are the Best Clean Energy Stocks to Buy Now.
Our Methodology
To collect data for this article, we used our stock screeners to identify solar and wind energy stocks with the highest number of hedge fund holders at the end of Q4 2025, as per the Insider Monkey database. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. The following are the Best Clean Energy Stocks to Buy According to Hedge Funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
8. Brookfield Renewable Corporation (NYSE:BEPC)
Number of Hedge Fund Holders: 25
Brookfield Renewable Corporation (NYSE:BEPC) operates one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions. The company’s diversified portfolio consists of hydroelectric, wind, solar, distributed energy, and sustainable solutions across five continents.
On April 16, JPMorgan slightly lifted its price target on Brookfield Renewable Corporation from $48 to $49, while keeping an ‘Overweight’rating on the shares. The target boost, which indicates an upside of almost 16% from the current share price, comes as the analyst firm adjusted its estimates in the clean energy and power infrastructure space as part of a Q1 preview.
JPMorgan expects a strong flow of catalysts in the sector, with the ongoing data center deal announcements and increasing order volumes likely to continue supporting the positive market sentiment. The analyst firm also expressed its continued preference for companies that maintain a strong exposure to US-based manufacturing, diversified end markets, and robust balance sheets.
Brookfield Renewable Corporation’s cash flows are tied to long-term contracts with corporations and utility companies, allowing the stock to support its strong annual dividend yield of 3.71% and placing it among the 15 Utility Stocks with Highest Dividends.
7. SolarEdge Technologies, Inc. (NASDAQ:SEDG)
Number of Hedge Fund Holders: 35
A global leader in smart energy technology, SolarEdge Technologies, Inc. (NASDAQ:SEDG) designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations.
On April 16, JPMorgan raised the firm’s price target on SolarEdge Technologies, Inc. from $32 to $35, while maintaining a ‘Neutral’ rating on the shares. The move comes as the analyst firm revised its targets in the clean energy and power infrastructure group as part of a Q1 preview.
On the other hand, Goldman Sachs turned bearish on SolarEdge Technologies, Inc. on April 14, downgrading the stock from ‘Neutral’ to ‘Sell’, while also cutting its price target from $36 to $31. The trimmed target indicates a downside of over 21% from the current levels.
The downgrade comes as part of a broader research note previewing Q1 results in the solar sector. According to Goldman Sachs, SEDG currently trades at the highest price-to-earnings multiple among its peers in the solar equipment industry. Moreover, the analyst firm believes that growth in the company’s core end markets is likely to fall short of the current consensus expectations.
6. Array Technologies, Inc. (NASDAQ:ARRY)
Number of Hedge Fund Holders: 35
Next on our list of the Best Clean Energy Stocks is Array Technologies, Inc. (NASDAQ:ARRY). It is a leading American company and a global provider of utility-scale solar tracker technology.
On April 16, JPMorgan trimmed its price target on Array Technologies, Inc. from $11 to $9, but kept its ‘Overweight’ rating on the shares. The lowered target, which still indicates an upside of over 17% from the current share price, comes as the analyst firm adjusted its targets in the clean energy and power infrastructure group as part of a Q1 preview.
JPMorgan expects a “catalyst-rich environment” in the sector, with data center deal announcements and rising order volumes likely to continue supporting investor sentiment. The analyst firm favors stocks with a significant exposure to US-based manufacturing, diversified end markets, and robust balance sheets.
Array Technologies, Inc. is targeting its FY 2026 revenue to be in the range of $1.4 billion to $1.5 billion, with adjusted gross margin between 26% and 27%. Adjusted EBITDA for the year is expected to be between $200 million and $230 million, with adjusted diluted EPS in the range of $0.65 and $0.75.
5. Sunrun Inc. (NASDAQ:RUN)
Number of Hedge Fund Holders: 35
Sunrun Inc. (NASDAQ:RUN) is the leading home solar panel and battery storage company in the United States.
On April 16, JPMorgan lowered its price target on Sunrun Inc. from $25 to $22, but maintained its ‘Overweight’ rating on the shares. The trimmed target, which still reflects a robust upside of over 80% from the current levels, comes as the analyst firm revised its targets in the clean energy and power infrastructure group as part of a Q1 preview.
With ongoing announcements of data center contracts and rising order volumes, JPMorgan sees a “catalyst-rich environment” in the sector that is likely to continue supporting a positive investor sentiment. The analyst firm continues to prefer stocks that maintain a strong exposure to US-based manufacturing, diversified end markets, and healthy balance sheets.
Despite the target cut by JPMorgan, Sunrun Inc. maintains a strong average upside potential of over 80%, putting it among the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.
4. Clearway Energy, Inc. (NYSE:CWEN)
Number of Hedge Fund Holders: 36
Clearway Energy, Inc. (NYSE:CWEN) is a leading independent clean power developer and operator with over 350 clean energy projects across America.
On April 14, Morgan Stanley analyst Robert Kad raised the firm’s price target on Clearway Energy, Inc. from $50 to $56, while maintaining an ‘Overweight’ rating on the shares. The bumped target, which indicates an upside of over 44% from the current levels, comes as the analyst firm revised its estimates as part of its North American midstream and renewable energy infrastructure weekly update.
Clearway Energy, Inc. continues to benefit from the ongoing AI boom, having signed approximately 2 GW of new PPAs with hyperscalers and utilities serving data centers in 2025 alone. The company is targeting a CAFD in the range of $470 million to $510 million for FY 2026. Moreover, it remains on track toward its 2030 CAFD goal of $2.90 to $3.10 per share, indicating a 7% to 8% CAGR from 2025, while also “laying the groundwork for sustained growth beyond 2030”.
3. Nextpower Inc. (NASDAQ:NXT)
Number of Hedge Fund Holders: 42
Nextpower Inc. (NASDAQ:NXT) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains.
On April 15, Goldman Sachs bumped its price target on Nextpower Inc. from $133 to $140, while keeping a ‘Buy’ rating on the shares. The revised target represents an upside of more than 29% from the current price levels and comes as part of a broader research note previewing Q1 results in the solar group.
Goldman Sachs believes that Nextpower Inc. can continue building on its strong momentum, having reported orders of over $1 billion in the past two quarters. The analyst expects the company to provide more detailed insights around its new business segments, along with updates on its expansion into global markets, in its upcoming Q4 2026 report.
Nextpower Inc. recently raised its FY 2026 outlook. The company now expects a revenue of between $3.425 billion and $3.5 billion, adjusted EBITDA in the range of $810 million and $830 million, and adjusted diluted earnings per share between $4.26 to $4.36 for the year. However, the revised guidance assumes that the “current U.S. policy environment remains intact and permitting processes and time lines will remain consistent with historical levels.”
2. NextEra Energy, Inc. (NYSE:NEE)
Number of Hedge Fund Holders: 72
With a market cap of almost $192 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.
On April 17, Morgan Stanley lowered its price target on NextEra Energy, Inc. from $110 to $108, but maintained its ‘Overweight’ rating on the shares. The target cut still represents an upside potential of over 17% from the current share price, and comes as part of the analyst firm updating its estimates as we head into the Q1 earnings season.
On the other hand, BofA turned more bullish on NextEra Energy, Inc. earlier this month and raised its price target on the stock from $87 to $95 (read more details here).
NextEra Energy, Inc. is expecting an adjusted EPS in the range of $3.92 to $4.02 per share for FY 2026, up from $3.71 per share achieved last year. Moreover, the company is targeting to grow this adjusted EPS at a CAGR of over 8% through 2032 and then the same from 2032 through 2035, all off the 2025 base.
1. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 115
Topping our list of the Best Clean Energy Stocks is GE Vernova Inc. (NYSE:GEV). It is a company that engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa.
On April 16, JPMorgan analyst Mark Strouse boosted the firm’s price target on GE Vernova Inc. from $1,000 to $1,150, while keeping an ‘Overweight’ rating on the shares. The revised target reflects an upside of over 16% from the current price levels.
At the same time, JPMorgan also removed GE Vernova Inc. from its Analyst Focus List. GEV has surged by over 45% since the beginning of this year, so the analyst firm now sees a limited upside for the stock. That said, JPMorgan believes that the company should post a strong Q1 performance, with continued strength in Power orders and margin expansion driven by the “robust demand and favorable pricing”.
GE Vernova Inc. revised its FY 2026 guidance in its last earnings call. The company is now projecting a revenue of $44 billion to $45 billion for the year, up from its previous forecast of $41 billion to $42 billion. Similarly, its free cash flow guidance for the year was also increased to the range of $5 billion and $5.5 billion.
GE Vernova Inc. was also recently included in our list of the 15 Best Blue Chip Stocks to Buy Now.
READ NEXT: 10 Best Affordable Blue Chip Stocks to Buy Now and 12 Most Undervalued Natural Gas Stocks to Buy Now
Hedge Fund Resource Center