11 Best Green Stocks to Buy According to Hedge Funds

6. Enphase Energy Inc. (NASDAQ:ENPH)

Number of Hedge Fund Holders: 39

Market Cap as of August 28: $4.91 billion

Enphase Energy Inc. (NASDAQ:ENPH) has launched its fourth-generation Enphase® Energy System, which includes the IQ® Battery 10C, IQ® Meter Collar, and IQ® Combiner 6C. Shipments of the system are now in progress and promise greater energy density, simpler installation. The IQ Battery 10C produces 7.08 kW of continuous power and 10 kWh of usable energy.

The new battery uses lithium iron phosphate chemistry for safety and longevity, and it can save up to 62% of wall space while delivering 34% more energy density than previous models. The IQ Meter Collar makes whole-home backup easier and makes installation less complicated, and the IQ Combiner 6C combines load control, solar, battery, and EV charging into a single container. The system supports the Domestic Content Bonus Credit with U.S. manufacturing and comes with a 15-year warranty. Installers Cutler Bay Solar Solutions, Atma Energy, and Allterra Solar complimented the system for its effectiveness, affordability, and capacity to drastically reduce installation timelines. It is ranked sixth on our list of the Best Clean Energy Stocks.