In this article, we will take a look at the 10 Best Solar Stocks to Buy Now.
The clean energy sector is under intense pressure from the second Trump administration. The rollback of tax incentives established during Biden’s term has sharply dampened investor sentiment in solar and wind stocks. Trump’s tariffs on imported solar panels have further worsened the landscape.
Building on this, the Trump administration’s countervailing duties of up to 126% on solar cell and module imports from India present another significant headwind for the sector. Consequently, stocks remain under pressure as markets react to steep tariffs and increased uncertainty around exports to the US. Nevertheless, SBI Securities’ Sunny Agrawal believes the market has overreacted.
Despite the disruption to solar export flows from India caused by these tariffs, their direct impact on earnings is likely to be limited. Agrawal does not expect the tariffs to affect any particular solar panel company. In addition, the 126% tariffs apply only to modules using India-made solar cells and not panels assembled in India using imported cells.
“Even if we assume 5 GW of exports, India’s annual demand is about 40 GW. So the additional supply can be absorbed domestically,” Agrawal said.
Rupesh Sankhe of Elara Securities notes that US-bound solar exports have steadily declined in recent years. He sees these tariffs as a boost for local manufacturing.
“As per management commentary, they can source solar cells from countries where duties are lower. Domestically manufactured cells are being used for DCR models ( Domestic Content Requirement). That flexibility is available,” Sankhe said.
Amid these challenges, the US energy storage industry has entered a new phase of sustained high-volume deployment, expected to support the solar industry and affirm a boom in clean energy. According to the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence, US battery installations reached a record 57.6 GWh in 2025, up 30% year on year.
Our Methodology
To compile the list of 10 Best Solar Stocks to Buy Now, we used Finviz Screener and analyzed Clean Energy ETFs to shortlist companies with significant exposure to Solar energy and products. We then trimmed the stocks by focusing on those with positive upside potential. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Solar Stocks to Buy Now
10. Xinyi Solar Holdings Ltd (OTCMKTS:XNYIF)
Xinyi Solar Holdings Ltd (OTCMKTS:XNYIF) is one of the best solar stocks to buy now. On February 28, Xinyi Solar Holdings Ltd (OTCMKTS:XNYIF) Chairman Dr LEE Yin Yee reiterated his focus on strengthening the core business and capturing new growth opportunities in the race to deliver long-term economic value to shareholders.
The remarks follow a challenging 2025, where global photovoltaic installation growth slowed down due to escalating geopolitical tensions and rising trade barriers. Xinyi Solar achieved a 4.2% increase in annual sales volume of solar glass. Total revenue dropped to RMB20,861.2 million, down from RMB 21,921.4 million in 2024, due to lower selling prices.
Total profit attributable to equity holders dropped to RMB844.5 million compared to RMB 1,008.2 million in 2024. The drop was due to impairment provisions of solar glass and polysilicon manufacturing facilities. In addition, the company continues to capitalize on the growing demand in the overseas market. Overseas sales of solar glass were up 36% in 2025, driven by strong demand in the US and India following the commissioning of new solar module capacity.
Xinyi Solar Holdings Ltd (OTCMKTS:XNYIF) is the world’s largest manufacturer of solar photovoltaic (PV) glass, with roughly 30% global market share. Headquartered in Wuhu, China, the company specializes in producing ultra-clear patterned, anti-reflective coating, and back glass for solar modules.
9. Enphase Energy, Inc. (NASDAQ:ENPH)
Enphase Energy, Inc. (NASDAQ:ENPH) is one of the best solar stocks to buy now. On February 25, analysts at Jefferies upgraded Enphase Energy, Inc. (NASDAQ:ENPH) to a Buy from a Hold and raised the price target to $57 from $42.
The upgrade is in response to what the research firm believes is improving visibility across demand product launches and margin expansion. The solar technology company is expected to gain momentum in storage as it launches its fifth-generation product in the second half of 2026.
In return, margins are expected to ramp to the corporate average at a minimum. Enphase has already started ramping up its IQ9 platform for commercial and industrial applications, as it also sets its sights on residential.
Enphase has also inked a strategic collaboration with Capital Good Fund to support 24 megawatts of small commercial and residential solar projects in Georgia and Pennsylvania. The agreements are to expand the deployment of the company’s IQ8P-3P and IQ9N-3P microinverters manufactured in the United States.
“Small commercial and residential projects demand technology that performs reliably for decades, and Enphase delivers,” said Ken Fong, senior vice president of sales at Enphase Energy. “Our microinverter systems are designed to support long-term reliability, panel-level visibility, and strong operational performance for asset owners and TPO providers like Capital Good Fund.”
Enphase Energy, Inc. (NASDAQ:ENPH) is an energy technology company that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations primarily for residential customers.
