11 Cheap Clean Energy Stocks to Buy Right Now

4. Enphase Energy, Inc. (NASDAQ:ENPH)

Number of Hedge Fund Holders: 39

Forward P/E: 15.16

With significant upside potential, Enphase Energy, Inc. (NASDAQ:ENPH) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.

On September 10, 2025, Enphase Energy, Inc. (NASDAQ:ENPH) opened pre-orders for its next-generation IQ EV Charger 2. Shipments, meanwhile, are expected to begin by November. The smart charger integrates seamlessly with Enphase solar and battery systems, supported by its compatibility with both residential and commercial settings. Furthermore, the charger offers solar-optimized charging that adjusts every 30 seconds based on surplus power.

With RFID access control, dynamic load balancing, and ISO 15118-20 compliant hardware, the device is designed for future vehicle-to-home and vehicle-to-grid applications. The launch follows earlier rollouts in 14 European countries, Australia, and New Zealand. It also coincided with the RE+ 2025 event in Las Vegas, highlighting Enphase’s global expansion in clean energy solutions.

Enphase Energy, Inc. (NASDAQ:ENPH) designs, develops, manufactures, and sells home energy solutions for the solar industry globally. It is one of the Best Clean Energy Stocks.