In this article, we will take a look at the 11 Best Solar Energy Stocks to Buy Now.
Global solar capacity is now 4× higher than 2010 forecasts for 2035, helping cut projected global warming from 4°C to 2.6°C by 2100. Solar, now the cheapest electricity source in most regions, has seen the fastest deployment of any energy tech in history, according to the IEA. This shift is largely due to declining fossil fuel use and surging renewable investment. However, progress is uneven—while global adoption accelerates, U.S. policy under President Trump has reversed course by removing incentives, reducing subsidies, and tightening permits, slowing the country’s clean energy momentum.
The technology sector’s push for clean energy to power the artificial intelligence revolution is one factor that affirms solar companies’ long-term outlook. According to analysts at UBS, solar stocks are well-positioned to benefit, as solar is quicker and cheaper to build than other electricity sources.
Sentiment around solar stocks had taken a significant turn since 2021, driven by several factors, key among them higher interest rates, supply chain issues, and the Trump administration’s policies against renewable energy. However, the outlook is slowly changing with Trump’s policies already in place.
“We view solar hardware equipment suppliers as key ‘picks & shovels’ plays on the ongoing AI gold rush. Broadly, sentiment for the sector has been improving since May … as worst-case scenarios for policy were rapidly taken off the table, ‘” said UBS analyst Jon Windham.
The passage of the one big, beautiful bill paves the way for solar projects to qualify for investment and production incentives through 2030. Likewise, US solar companies are poised to benefit from the Foreign Entity of Concern (FEOC) provisions barring U.S. clean energy tax credits for companies related to China, Russia, North Korea, and Iran.
“In our view, concerns over potential negative policy outcomes from the Trump Administration obstructed investors’ recognition of strong underlying technology-driven demand for solar,” Windham said. “As long as AI data center demand grows, regardless of which specific application or company wins, solar is likely to benefit,” he said.
With that in mind, let’s take a look at some of the best solar energy stocks to buy now.
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Our Methodology
To identify the best solar energy stocks to buy now, we used the Finviz stock screener and other online sources to compile US companies engaged in solar energy operations. We further refined the list by focusing on stocks that have gained over 20% year-to-date (as of November 7) and are popular among elite hedge funds. The final list is ranked in ascending order by the number of hedge funds holding stakes in the stocks in the second quarter of 2025.
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 Energy Stocks to Buy Now
11. Turbo Energy S.A. (NASDAQ:TURB)
Year-to-date Performance: 25.58%
Number of Hedge Fund Holders: 1
Turbo Energy S.A. (NASDAQ:TURB) is one of the best solar energy stocks to buy now. On October 27, Turbo Energy named Lucia Tamarit as its new Chief Financial Officer, replacing Alejandro Morangues. Tamarit brings over ten years of financial leadership, having most recently served as Financial Manager at CSP Spain, and previously worked in assurance at Ernst & Young. She holds degrees from the Polytechnic University of Valencia and Ghent University, and will report directly to CEO Mariano Soria as the company continues its growth in AI-driven solar energy solutions.
Earlier, on October 8, the company expanded its energy storage portfolio with the unveiling of Sunbox Industry Max. The 5MWh energy storage system is tailored for electro-intensive industries. It also comes with a customized software service to support complex industrial energy operations.
The unveiling of Sunbox Industry marks an important milestone in Turbo Energy’s bid to enable industrial-scale energy storage. The modular system features a configurable design that supports multiple deployment architectures and can be tailored to specific energy needs.
Additionally, Sunbox Industry Max is poised to strengthen Turbo Energy’s bid to expand its footprint into the global commercial and industrial market. It will differentiate the company as a technology-driven energy innovator. It also positions the company to capitalize on accelerating global demand for robust AI-enhanced commercial and industrial storage solutions.
Turbo Energy S.A. (NASDAQ:TURB) designs, develops, and distributes equipment for generating, managing, and storing solar energy. It offers lithium-ion batteries and inverters, and also sells electrical and electronic materials for renewable energy projects, such as solar panels and regulators.
10. Tigo Energy, Inc. (NASDAQ:TYGO)
Year-to-date Performance: 128%
Number of Hedge Fund Holders: 4
Tigo Energy, Inc. (NASDAQ:TYGO) is one of the best solar energy stocks to buy now. On November 4, analyst Eric Stine of Craig-Hallum reiterated his Buy rating on Tigo Energy. Just days earlier, on October 30, Roth MKM’s Philip Shen also issued a Buy recommendation, adding to the positive sentiment surrounding the stock.
These updates come after Tigo Energy, Inc. (NASDAQ:TYGO) delivered solid third-quarter 2025 results on October 28, with revenue rising 115% year over year to $30.6 million. Income from operations jumped to $0.6 million compared to an operating loss of $10.4 million delivered in the same quarter last year.
Likewise, Tygo Energy bounced back to profitability, reporting an adjusted EBITDA of $2.9 million, compared with a loss of $8.3 million. The better-than-expected results came as the company saw strong growth in the EMEA and Americas regions, accounting for 70% and 26% of total revenues, respectively.
“Notably, we performed exceptionally well in the U.S., with sales growing approximately 68% sequentially in the second quarter of 2025 as we continue to make inroads in the repower market. We expect our manufacturing and marketing partnership with EG4 Electronics to further increase our performance in our domestic market,” said Zvi Alon, Chairman and CEO.
For the fourth quarter, Management expects revenue to be in line with the third quarter, even though it is usually a seasonally slower period in the industry. The company is also poised to benefit from strong product demand and a healthy backlog heading into year-end.
Tigo Energy, Inc. (NASDAQ:TYGO) develops and provides innovative hardware and software solutions for solar energy systems, including optimizers, inverters, and batteries. Its technology, known as Flex MLPE (Module-Level Power Electronics), aims to enhance safety, increase energy yield, and lower operating costs for residential, commercial, and utility-scale solar systems.
