3 Top Renewable Energy Stocks to Buy for 2021

Renewable energy stocks have had a great year in 2020, not because they've had outstanding growth or earnings, but because investors are speculating that the future will be very bright. The Biden administration coming into office in January will likely bring more favorable policies, low interest rates have been like rocket fuel for financing wind and solar projects, and even big corporate buyers are seeing that there's a financial benefit of going renewable, along with the PR boost.

As we look ahead to 2021, there are a few stocks our contributors think have room to run higher. SunPower (NASDAQ: SPWR), NextEra Energy (NYSE: NEE), and TPI Composites (NASDAQ: TPIC) are our top renewable energy picks for the year. 

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Source Fool.com