10 Best Solar Stocks to Buy in 2025

5. Clearway Energy Inc. (NYSE:CWEN)

Upside Potential: 17%

Number of Hedge Fund Holders: 32

Clearway Energy Inc. (NYSE:CWEN) is a leading renewable energy company focused on owning and operating a diversified portfolio of clean energy assets. The company primarily generates electricity from renewable sources, including wind and solar, while also maintaining a portfolio of natural gas-fired plants.

In FY 2024, Clearway Energy Inc. (NYSE:CWEN) posted an adjusted EBITDA of $1.15 billion and cash available for distribution (CAFD) of $425 million, exceeding its $395 million guidance. The company is actively developing 5 GW of projects to meet the rising energy demands of data centers, a key growth driver. Management remains confident in achieving its 2027 CAFD per share target of $2.40 to $2.60 and remains committed to long-term financial objectives beyond 2027, reinforcing a strong outlook for sustained growth.

In a report released on February 25, BofA Securities analyst Dimple Gosai maintained a Buy rating on Clearway Energy. Notably, in November, BofA Securities had initiated coverage on Clearway Energy Inc. (NYSE:CWEN) with a Buy rating and a $33 price target. In that report, BofA analysts had highlighted the company benefiting from its sponsor, Clearway Energy Group (CEG), which holds a 41.8% economic interest and has a 30GW project pipeline. This partnership enables a steady flow of project acquisitions, reducing risk and adding stability. The analysts estimated that just 3-4% of CEG’s pipeline needs to be operational annually to sustain growth, providing strong visibility into future expansion and strengthening Clearway Energy Inc. (NYSE:CWEN)’s strategic advantage amid sector volatility.