5 Best Renewable Energy Stocks to Buy in Q1 2025

Companies leading the charge to find alternative forms of energy are some of the hottest businesses around. Here, our experts pick their top seven green energy companies to invest in this year.
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Updated on Jul 4, 2024
Reading time 8 minutes

Renewable energy stocks have not done well in the past few years. Institutional demand has been relatively weak as focus on Environmental Societal and Governance (ESG) momentum faded Also, high interest rates have made the industry not economically sound.

As a result, most renewable energy companies have crashed hard in the past few years, costing investors billions of dollars. Here are some of the best renewable energy companies to consider.

What are the top renewable energy stocks to buy in 2025?

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This is our list of the best renewable energy stocks, ranked in order of their future potential. Use the links in the table to find their latest price, or scroll down for more information on why we chose each one.

#Stock symbolCompany nameLearn more
1BEPBrookfield Renewable PartnersLearn more >
2NEENextEra EnergyLearn more >
3PLUGPlug Power Inc.Learn more >
4VWSVestas Wind SystemsLearn more >
5FSLRFirst SolarLearn more >
List chosen by our team of analysts, updated January 2025.

1. Brookfield Renewable Partners (NYSE: BEP)

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  • Market cap: $13.4 billion
  • Dividend yield: 5.11%
  • 5-year return: 50%
  • Country: Canada

Brookfield Renewable Partners is a leading company owned by Brookfield Asset Manager, one of the biggest private equity companies in the world. The company has over $100 billion in assets across renewable energy sources like hydro, wind, solar, and distributed energy & storage. These assets generate over 200k MW of power.

Most of its assets are in North America followed by Europe and Asia Pacific. There are several reasons for investing in Brokfield Renewable Partners. First, most of its assets are in the hydro power, an area that is known for stability and low operation costs.

Second, it has durable cash flow since more than 70% of its revenues are indexed to inflation. Third, it has a solid balance sheet with an investment grade rating by all agencies. Further, it has a high dividend yield of 6% and a record of annualized FFO growth rate of 12%. Finally, BEP is structured as a partnership, which ensures that your dividends are tax-deferred.

2. NextEra Energy (NYSE: NEE)

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  • Market cap: $157 billion
  • Dividend yield: 2.70%
  • 5-year return: 49%
  • Country: United States

NextEra Energy is one of the biggest utility companies in the world with a market cap of over $153 billion. Unlike other utilities, it sources most of its energy from renewable energy sources like solar, wind, and nuclear. 

NextEra’s business has been growing in the past few years as the number of subscribers have grown in the US. Its revenue rose from $19.2 billion in 2019 to over $28.1 billion in 2023. Similarly, its annual profit has also jumped to over $7.4 billion. 

NextEra provides power to millions of Americans, has a good track record of paying dividends, and has a solid track record of buying back its stock.

However, its biggest challenge is that it is one of the most debted companies in the US. It has over $7.8 billion in short-term debt and $65 billion in long-term debt. Some of this debt came up from its acquisitions. Therefore, this debt could hamper its growth if interest rates remains elevated.

3. Plug Power Inc. (NASDAQ: PLUG)

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  • Market cap: $2.2 billion
  • Dividend yield: N/A
  • 5-year return: 16.8%
  • Country: United States

Hydrogen energy is seen as one of the cleanest sources of energy. However, access to hydrogen has become a difficult thing in the past few years. This is where Plug Power comes in. The company has spent billions of dollars building hydrogen plants in the past few years. 

Today, it has become the market leader in hydrogen in the United States thanks to its plants in Tennesse and Georgia. It also seeks to grow its market by opening new plants in the coming years. 

The challenge for Plug Power is that building its plants turned to be more expensive than expected. As a result, it had to dilute its shareholders substantially, which has affected its stock price. Now, however, it has secured a Department of Energy loan and has already started delivering hydrogen to customers, meaning that it could be about to move to a growth phase.

The key risks for NextEra Energy is that it is still making huge losses and has room to dilute its shareholders more.

4. Vestas Wind Systems (CPH: VWS)

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  • Market cap: $28 billion
  • Dividend yield: N/A
  • 5-year return: 64%
  • Country: Denmark

Wind energy is seen as one of the most reliable renewable energy sources. Analysts expect that investments in wind energy will recover after slumping hard in the past few years because of high interest rates.

Vestas Wind Systems is one of the top beneficiaries of this trend since it is a leading manufacturer of onshore and offshore wind systems. It also makes money through long-term service contracts by utility companies.

A key advantage of investing in Vestas Wind Systems is that Siemens Energy, its leading competitor, has gone through major challenges, helping it to gain market share. 

After dropping to $15.5 billion in 2022, its revenue rebounded to over $16.9 billion in 2023. This trend will likely continue doing well in the coming years.

The key challenge for investing in Vestas Wind Systems is that its stock is listed in Denmark, making it unavailable to American investors. It is also nor covered widely by Wall Street analysts.

5. First Solar (NYSE: FSLR)

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  • Market cap: $29 billion
  • Dividend yield: N/A
  • 5-year return: 339%
  • Country: United States

First Solar is a leading American company that manufactures solar panels. With solar energy demand rising, the company’s revenue has soared to over $3.3 billion while its net profit has jumped to over $1 billion.

First Solar is a good solar company to invest in because of its market share in the US and the fact that it receives substantial government support.It is also growing its revenue and is benefiting from the artificial intelligence boom. 

However, the biggest challenge is that it will struggle to compete with its Chinese counterparts, which have received substantial government support. It is unclear whether the US tariffs on Chinese solar panels will help it become competitive. 

Where to buy the best renewable energy stocks

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You can use the brokers below to dive in and get your stocks now. Our team of financial experts have reviewed all of the leading platforms to pick out the best ones, and all of the ones in our list are bursting with features to help you invest.

We found 4 online brokers for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 50+
Demo account Yes

eToro review

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Public.com review
4.4
Public
Min. Deposit $20
Fees 1-2%
No. assets 9000+
Demo account No

Public.com review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

What is a green energy stock?

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Green energy stocks are publicly traded companies that produce energy solutions from renewable sources like wind, solar, geothermal, and hydroelectric power. Renewable energy stocks are poised for growth as the world strives to tackle climate change and achieve net zero emissions.

Major green energy companies build and operate solar farms, wind turbines, battery storage facilities, electric vehicle charging networks, and infrastructure to produce green hydrogen. Investing in renewable energy stocks gives exposure to the global transition away from fossil fuels toward clean energy.

According to the International Energy Agency, renewable sources generated over 30% of global electricity demand in 2021, with capacity additions hitting a new high. As demand rises for renewable power from utilities, businesses, and households, green energy companies stand to benefit.

Leading renewable energy stocks operate portfolios of wind farms, solar plants, and other low carbon assets while expanding into high-growth markets. Policy incentives, technology improvements, and electrification should propel the industry forward.

Are renewable energy shares a good investment?

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It certainly looks like it, with people worldwide becoming more eager to find alternative energy sources to ward off the danger of climate change. Shares in companies that provide clean energy have been volatile over the past year, but there’s no doubt the demand for their products exists.

Major renewable energy companies operate large portfolios of clean power assets that generate stable revenues from selling electricity to utilities and businesses. As demand rises for renewable electricity to replace fossil fuels and achieve climate goals, renewable energy companies are expanding wind farms and solar capacity and moving into emerging areas like offshore wind, electric vehicles, and lithium ion batteries.

However, renewable energy remains a small portion of overall energy production. Individual companies face risks such as project delays, fluctuating oil and natural gas prices, and changes to environmental policies. The renewable energy industry is capital intensive and competitive. Many investors gain exposure through ESG funds focused on cleantech rather than picking individual stocks.

While the clean energy revolution brings risks, renewable energy stocks offer a promising growth opportunity. As onshore and offshore wind power, solar energy, and other renewables play more prominent roles in the global energy mix, shares of leading renewable energy companies should benefit.

Methodology: How we choose the best renewable energy stocks

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At Invezz, our mission is to empower our readers with the most accurate and reliable financial information. Our curated selection of the best stocks in specific industries is designed to provide investors with well-researched, expertly reviewed stock recommendations. Our team follows a rigorous process to ensure our readers receive high-quality, trustworthy stock selections.

  • Initial screening. Our team of experienced stock market analysts conducts an initial screening of stocks within the chosen industry. This involves analyzing a broad range of companies based on key financial metrics such as revenue growth, profitability, debt levels, and market capitalization.
  • Earnings reports and financial analysis. Analysts review the latest earnings reports of shortlisted companies. This includes a detailed assessment of financial statements, looking for consistent earnings growth, strong balance sheets, and positive cash flow trends. Special attention is given to year-over-year performance and quarterly results.
  • Sector analysis. A comprehensive sector analysis is conducted to understand the macroeconomic factors affecting the industry. This includes examining market trends, competitive landscape, regulatory changes, and technological advancements. Our analysts utilize industry reports, market research, and economic forecasts to gain a holistic view of the sector.
  • Analyst recommendations. We consider recommendations from reputable sources such as Barron’s and Zacks. These sources provide expert opinions and ratings on stocks, which serve as an additional layer of validation for our selections. Incorporating external analyst recommendations ensures that our curated stocks are backed by a consensus of expert views.
  • Internal review. After the initial selection by our analysts, the chosen stocks are reviewed by a sub-editor. The sub-editor ensures that the analysis is clear, concise, and adheres to Invezz’s editorial guidelines. This review process helps maintain the quality and readability of our content, making it accessible to a broad audience.
  • Quarterly updates. To ensure our stock recommendations remain relevant and up-to-date, we update the curated section quarterly. Each update cycle involves re-evaluating the stocks based on the latest financial reports, industry developments, and market conditions. This regular update process ensures that our recommendations reflect the most current information available.

Our approach combines expert analysis, comprehensive research, and regular updates to deliver reliable and insightful investment recommendations. Read more about our review process and editorial policy.


Sources & references

Crispus Nyaga

Crispus Nyaga

Market Analyst

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Crispus is a Financial Analyst for Invezz covering the stock, cryptocurrency and forex markets. He’s an experienced analyst with more than 8 years of industry experience. His analysis is featured on industry leaders including macrostreet.com,  SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com, to name a few....