3 Top Solar Stocks to Buy Now

  • Date: 12-Feb-2020
  • Source: The Motley Fool
  • Sector:Oil & Gas
  • Country:UAE
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3 Top Solar Stocks to Buy Now

Solar power projects remain in demand as clean energy goals become more ambitious, and these three companies are working to stay ahead of the trends.. Canadian Solar ( NASDAQ:CSIQ ) is a large-scale manufacturer of solar panels that has delivered over 38 GW of modules to customers in more than 150 countries since the company launched in 2001.. Canadian Solar's Recurrent Energy development unit also has approximately 7 GW of solar and storage projects in development in the U.S.. AES Corporation ( NYSE:AES ) deserves a look because the company has shown it understands the importance of combining solar projects with storage, and these hybrid projects are seeing more demand.. Earlier this year the company opened the world's largest battery plant paired with solar generation on the Hawaiian island of Kauai.. Solar development is only one piece of what AES does, but that piece has been growing and positively impacting the bottom line for shareholders.. But the company holds interests in more than 3 GW of operating renewable power and owns utility-scale solar in Japan, South Africa, the United Arab Emirates, and Chile.. But with a dividend yield of more than 6% and an 8% increase