1 Renewable Energy Stock to Buy in 2025 and Hold for Decades

Renewable energy is here to stay.For example, sales of electric vehicles in the U.S. soared from 294,000 in 2021 to 1.4 million three years later, according to data from the International Energy Agency (IEA). Utility companies are not doubling down on old-school fossil fuels to support the resulting surge in electric power demand, but exploring alternatives such as wind and solar energy instead. As a result, American solar energy installations are speeding up. Consumers are nervous about high interest rates on costly solar panels, but commercial and utility-scale installations skyrocketed in 2024.According to a recent research report from The Motley Fool, many U.S. states produce most of their electricity from renewable power sources. In places like Iowa, South Dakota, and Kansas, the renewable portion is more than 50% of the annual power production.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool