10 Best Wind Power and Solar Stocks To Invest In Now

3. NextEra Energy Inc. (NYSE:NEE)  

Number of Hedge Fund Holders: 69  

NextEra Energy Inc. (NYSE:NEE) is a global leader in renewable energy, specializing in wind and solar power generation. The company operates through its subsidiaries, including Florida Power & Light and NextEra Energy Resources. NextEra Energy Inc. (NYSE:NEE) is recognized for its massive investments in clean energy infrastructure and commitment to a sustainable future.

NextEra Energy Inc.’s (NYSE:NEE) experience in developing and operating large-scale renewable energy projects makes it a leader in the industry. The company is investing heavily in the development of new solar and wind projects. The company’s wind repowering program has expanded to approximately 1.6 gigawatts of wind projects owned by NextEra Energy Partners through 2026. NextEra Energy Inc. (NYSE:NEE) is also investing in the development of new solar projects, with a focus on low-cost solar and battery storage.

NextEra Energy Inc. (NYSE:NEE) is capitalizing on the growing demand for renewable energy by expanding its solar and wind offerings. The company added approximately 3 gigawatts to its backlog in Q3, bringing its total backlog to approximately 11 gigawatts. NextEra Energy Inc. (NYSE:NEE) has also announced incremental framework agreements with two Fortune 50 customers for the potential development of renewables and storage projects, totaling up to 10.5 gigawatts till 2030.