11 Cheap Clean Energy Stocks to Buy Right Now

8. Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Number of Hedge Fund Holders: 27

Forward P/E: 15.31

Shoals Technologies Group, Inc. (NASDAQ:SHLS) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) announced on September 11, 2025, that it received a new U.S. patent for its Big Lead Assembly (BLA) wiring solution for solar installations. With this achievement, the company expanded Shoals’ intellectual property portfolio. Furthermore, the ‘295 patent has been added to the company’s pending lawsuit against Voltage LLC in the U.S. District Court for the Middle District of North Carolina.

With the BLA system, Shoals Technologies Group, Inc. (NASDAQ:SHLS) aims to eliminate traditional combiner boxes, reducing installation time and labor costs for solar projects. This achievement highlights Shoals’ commitment to American manufacturing excellence and strengthens its position in the U.S. solar market.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) offers electrical balance-of-system (EBOS) solutions and components for solar energy projects globally. It is one of the Best Clean Energy Stocks.