Solar and wind company NextEra Energy dethroned ExxonMobil as America's most valuable energy company. , the nation's largest renewable energy company, briefly surpassed Exxon in market capitalization on Friday, according to UBS. The clean energy company recently boosted its financial targets for 2021 and 2022. Clean energy stocks are boomingEnergy Select Sector SPDR Fund XLE Chevron CVX Schlumberger SLB Exxon is hardly the only oil company under pressure. Invesco WilderHill Clean Energy ETF PBW Vivint Solar VSLR SunRun RUN SunPower SPWR Bloom Energy BE Tesla TSLA Toyota TM By contrast, clean energy stocks are on fire.

Source: CNN October 05, 2020 20:26 UTC