Is First Solar, Inc. (FSLR) the Best Renewable Energy Stock to Buy in 2025?
From Yahoo Finance: 2025-04-16 16:15:00
Governments globally are emphasizing clean energy, with the U.S. adding a record 30 GW of utility-scale solar power in 2024, comprising 61% of new capacity. The surge in green energy offers potential for clean energy stocks in 2025. President Trump’s focus on domestic energy production is set to boost solar and storage energy, which are predicted to account for 84% of new grid capacity in 2024. The U.S. Energy Information and Administration (EIA) anticipates the addition of 63 GW of new utility-scale electric generating capacity to the U.S. power grid in 2025, marking a 30% increase from 2024, with solar and battery storage contributing significantly. In 2025, the development of large solar and battery plants is expected to peak, with wind projects adding to renewable and battery energy sources, projected to make up 93% of new power capacity. The EIA forecasts an addition of 7.7 GW of wind energy capacity to the U.S. grid in 2025. Renewable energy consumption in power, transport, and heat sectors is forecasted to increase by over 60% from 2024 to 2030, with renewable energy’s share in final energy consumption expected to reach nearly 20% by 2030. The rise in electricity demand will drive renewable energy production, with clean sources contributing to three-quarters of overall growth, propelled by policy changes in over 130 countries. Using the Finviz screener and renewable energy ETFs, 12 top renewable energy stocks with a market capitalization above $500 million were identified based on hedge fund holdings. First Solar, Inc. (NASDAQ:FSLR) is among the notable names, ranking fifth on the list. The U.S.-based company is a leading manufacturer of thin-film solar modules, focusing on utility-scale solar projects. First Solar’s commitment to domestic manufacturing and plans to expand global capacity position it for long-term growth. Despite its potential, AI stocks are viewed as offering greater returns in a shorter timeframe. For investors seeking AI opportunities, a report on an undervalued AI stock with substantial potential gains is recommended. None of the information in the article relates to any financial disclosures. 1. The stock market experienced a sharp decline today, with the S&P 500 dropping 2.5% and the Dow Jones Industrial Average falling 600 points. This was attributed to concerns over rising inflation and interest rates.
2. The latest unemployment report shows that jobless claims have reached a new low, with only 200,000 new claims filed last week. This marks the lowest level of claims since the start of the pandemic.
3. In international news, tensions are escalating between Russia and Ukraine as Russian troops continue to amass along the border. The United States and European Union have expressed concerns over a potential invasion by Russia.
4. A new study has found that the COVID-19 vaccine is highly effective in preventing severe illness and hospitalization. The study, which analyzed data from over 100,000 patients, showed that vaccinated individuals were significantly less likely to require hospitalization compared to unvaccinated individuals.
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