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3 High-Yield Renewable Energy Stocks

TheMotleyFool

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3 High-Yield Renewable Energy StocksPhoto, wide shot, wide-angle lens, Janitorial service, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/4d4e885c-79e9-4b8f-bd91-e9721cd7c2e9.png

The renewable energy market is growing at a scorching pace these days, driven by climate change fears and favorable government policies. That's allowing project developers to lock up renewable capacity under lucrative long-term contracts, which are generating enticing cash flow streams.

Many companies are choosing to return a significant portion of those renewable cash flow streams to investors, which are powering big-time dividends. Three that currently offer eye-catching yields are Atlantica Yield (NASDAQ: ABY), Covanta Holding (NYSE: CVA), and Pattern Energy Group (NASDAQ: PEGI).

Image source: Getty Images.

Source: Fool.com