3 Renewable Energy Stocks That Could Make Your Grandchildren Rich
NEENextEra Energy(NEE) Investor Place·2024-06-25 01:42

Renewable energy is one of the most promising industries, with a market size valued at 1.09 trillion in 2023 and expected to reach 2.45 trillion by 2032. The increase in global consciousness of climate change hasn’t changed. Subsidies and tax incentives for renewable energy companies have more than doubled from 7.4 billion in FY 2016 to 15.6 billion in FY 2022. Currently, at 1.21 trillion in global market size in 2023, the industry is expected to grow at a compound annual growth rate (CAGR) of 17.2% between ...