In this article, we will discuss: 11 Best Green Stocks to Buy According to Hedge Funds.
Green stocks are ownership stakes in businesses that engage in ecologically friendly operations, including pollution prevention, waste reduction, electric vehicles, and renewable energy.
President Donald Trump referred to wind and solar energy as “unreliable” and a threat to U.S. energy security in his executive order terminating subsidies for these sources, which caused solar stocks to plummet in early July 2025. The order limits safe harbor privileges until a “substantial portion” of facilities are constructed, eliminates tax benefits for clean power production and investment, and directs the Treasury to terminate them within 45 days. The burden of eliminating preferential programs for renewable energy fell to the Interior Department.
The Department of Energy cautioned in a report released the same day that blackout risks might rise 100-fold by 2030, with outage hours increasing from “single digits today to more than 800 hours per year” due to scheduled retirements of 104 GW of firm capacity and reliance on non-dispatchable sources.
With that said, here are the 11 Best Green Stocks to Buy According to Hedge Funds.
Our Methodology
We sifted through online rankings to form an initial list of the 11 Best Green Stocks to Buy According to Hedge Funds. From the resultant dataset, we chose 11 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1000 hedge funds in Q2 2025 to gauge hedge fund sentiment for stocks. We have used the stock’s market cap as of August 28 as a tie-breaker in case two or more stocks have the same number of hedge funds invested.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11. ReNew Energy Global Plc (NASDAQ:RNW)
Number of Hedge Fund Holders: 24
ReNew Energy Global Plc (NASDAQ:RNW) has issued its second Annual Integrated Report, “Scaling New India’s Leap with Clean Energy Solutions: Innovating Sustainably,” to commemorate its 15th anniversary. The company’s Scope 1 and 2 emissions were reduced by 18.2% in FY25 compared to the baseline of FY22, surpassing its objective of 12.6%. Furthermore, it sourced 76% of its power from renewable sources, which is substantially higher than the 50% target. Meanwhile, ReNew Energy Global Plc (NASDAQ:RNW) produced 22 billion kWh, or 2% of India’s power, and saved 540 million liters of water, a 50% increase from the previous year.
ReNew Energy Global Plc (NASDAQ:RNW) was established in 2011 as a pure-play IPP and has since grown to become a global leader in decarbonization, with a commissioned portfolio of 10.7 GW and FY25 profits of INR 4.6 billion. It became the first renewable energy company in India to achieve a net-zero goal verified by the SBTi, achieved carbon neutrality for five years, and prevented 18.6 million tonnes of carbon emissions. The social impact reached 1.7 million lives, and women today comprise 16% of the workforce and 40% of board seats. It is among the Best Clean Energy Stocks.
10. SolarEdge Technologies, Inc. (NASDAQ:SEDG)
Number of Hedge Fund Holders: 27
Market Cap as of August 28: $2.01 billion
The worldwide automotive and industrial supplier Schaeffler and SolarEdge Technologies, Inc. (NASDAQ:SEDG) established a strategic alliance to install EV charging hardware and software at Schaeffler locations throughout Europe. Schaeffler plans to commission over 2,300 charging stations by 2030, starting at its Technology Center in Herzogenaurach, Germany. The project will help to achieve this goal.
The partnership expands on SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s experience using solar technology to power Schaeffler rooftops. The deal calls for the firm’s Enterprise Service Group to supply EV charging hardware, software, and services as part of its ONE for C&I energy optimization platform. Wevo technology will be incorporated into these services. A specially designed application will streamline employee charging experiences. Chief of SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s Commercial & Industrial Division, Naama Ohana, pointed out the collaboration as an example of how to use the latest technology to speed up client energy transitions.
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy, provides solutions for PV, storage, EV charging, batteries, and grid services. It is one of the Best Clean Energy Stocks.
9. Ormat Technologies, Inc. (NYSE:ORA)
Number of Hedge Fund Holders: 27
Market Cap as of August 28: $5.58 billion
Ormat Technologies, Inc. (NYSE:ORA) secured a 25-year power purchase agreement extension with the Southern California Public Power Authority for 52MW from its Heber 1 geothermal facility, which will take effect in February 2026. The agreement guarantees the Imperial Irrigation District and LADWP a sustained supply of renewable energy through 2052.
Ormat Technologies, Inc. (NYSE:ORA)’s 91MW Heber complex includes the air-cooled Heber 1 power plant, which provides continuous carbon-free electricity. The plant will support California’s grid dependability and climate goals by providing electricity to more than 77,000 households in Los Angeles. Doron Blachar, CEO of Ormat Technologies, Inc. (NYSE:ORA), acknowledged the contribution geothermal energy makes to the state’s clean energy transformation. LADWP’s David Hanson, SCPPA Executive Director Daniel E. Garcia, and IID Chair Gina Dockstader stressed the significance of the agreement in guaranteeing stable, reasonably priced, renewable energy.
Ormat Technologies, Inc. (NYSE:ORA), a prominent vertically integrated geothermal corporation with a global portfolio of 1,558MW, is also venturing into solar PV and energy storage. It is ranked ninth on our list of the Best Clean Energy Stocks.
