Is GE Vernova Inc. (GEV) the Best Renewable Energy Stock to Buy in 2025?
From Yahoo Finance: 2025-04-16 09:31:00
Governments globally are prioritizing clean energy, with 30 GW of utility-scale solar power added to the U.S. grid in 2024. The push for green energy is driving the growth of clean energy stocks in 2025. Solar and storage account for the majority of new grid capacity, with 63 GW expected to be added in 2025.
Renewable energy consumption is projected to increase by over 60% by 2030, with renewables making up nearly 20% of final energy consumption. Electricity generation from clean sources is expected to drive most of this growth, with policy changes in over 130 countries contributing to the shift towards renewable energy.
GE Vernova Inc. (NYSE:GEV) is a key player in the renewable energy sector, focusing on sustainable energy solutions. The company has strategic collaborations and projects that underscore its commitment to sustainability and modern energy infrastructure. Analysts are optimistic about GEV’s future performance, with the company ranked 2nd on the list of best renewable energy stocks for 2025. 1. The FDA has approved the Pfizer-BioNTech COVID-19 vaccine for emergency use in children ages 12 to 15. This decision comes after a clinical trial showed the vaccine was highly effective in this age group, with no serious side effects reported.
2. The Colonial Pipeline, which supplies nearly half of the East Coast’s fuel, was hit by a cyberattack that forced it to shut down operations. This led to panic buying and fuel shortages in several states, as the company worked to restore its systems.
3. Amazon founder Jeff Bezos will step down as CEO in the third quarter of 2021. He will transition to the role of executive chairman, focusing on new ventures and initiatives. Andy Jassy, current head of Amazon Web Services, will take over as CEO.
4. The death toll from the collapse of a residential building in Florida has risen to nine, with over 150 people still missing. Rescue efforts are ongoing as teams search for survivors in the rubble. The cause of the collapse is still under investigation.
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