Renewable energy stocks are in the spotlight after the European Union reached a provisional deal to increase the percentage of renewable energy in its total energy mix to 42.5% by 2030, up from its current.
Israel-based SolarEdge Technologies, Inc. (NASDAQ:SEDG) ranks 5th in our list of cheap renewable energy stocks according to analysts. SolarEdge Technologies, Inc.
One of the few industries that are headed for a certain path of growth all over the world is the renewable energy space, thanks to the climate change problem, rising costs of conventional energy and attractive.
Insider Monkey’s proprietary database of 943 hedge funds and their holdings shows that 43 hedge funds had stakes in First Solar, Inc. (NASDAQ:FSLR) as of the end of the last quarter of 2022.