In this article, we discuss 11 Cheap Clean Energy Stocks to Buy Right Now.
The global energy sector is experiencing a major transformation as technological advances, shifting markets, and geopolitical factors redefine the sector. The sector’s demand continues to rise despite the fact that energy’s share of the U.S. stock market has declined from 15% in the 1970s to just 3.2% today. This demand is driven by industrialization in emerging economies and growing renewable capacity. As a result of major investments from China, the U.S., and Brazil, global renewable energy capacity has increased by 50% in 2023, which is the fastest expansion in three decades, according to the IEA. This growth is in line with international targets to triple renewable capacity by 2030. However, funding in emerging markets remains a critical challenge.
Despite this surge, oil and gas remain significant, particularly in industries that are slow to adopt alternatives. At the same time, supply volatility and geopolitical tensions continue to influence energy prices. Meanwhile, companies that balance growth potential, shareholder returns, and exposure to clean technologies such as battery storage, hydrogen, and hybrid systems are gaining investor attention. Furthermore, recent policy shifts, including U.S. tax changes on Chinese solar components, have created both risks and opportunities in the renewable sector.
With this backdrop in mind, let’s move on to our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.
Our Methodology
To curate our list of the 11 Cheap Clean Energy Stocks to Buy Right Now, we used the Finviz stock screener to identify clean energy companies with a forward P/E ratio under 20 and bullish analyst ratings. Next, we assessed hedge fund sentiment surrounding these stocks using Insider Monkey’s hedge fund database, which tracks nearly 1,000 hedge funds. Finally, we present our list in ascending order based on the number of hedge funds holding stakes in each stock, as of Q2 2025.
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. JinkoSolar Holding Co., Ltd. (NYSE:JKS)
Number of Hedge Fund Holders: 5
Forward P/E: 14.7
JinkoSolar Holding Co., Ltd. (NYSE:JKS) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 18, 2025, JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced the completion of its sale of 300,145,075 A shares of its majority-owned subsidiary, Jinko Co., Ltd., to institutional investors at $0.69 per share.
This transaction, which was conducted under Shanghai Stock Exchange rules, reduced JinkoSolar’s equity interest in Jiangxi Jinko to roughly 55.6%. This move enhances capital flexibility for JinkoSolar Holding Co., Ltd. (NYSE:JKS) as it continues to expand its global operations.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) offers photovoltaic products globally, including solar modules, silicon wafers, and energy storage solutions. It is one of the Best Clean Energy Stocks.
10. TotalEnergies SE (NYSE:TTE)
Number of Hedge Fund Holders: 23
Forward P/E: 8.73
TotalEnergies SE (NYSE:TTE) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 15, 2025, TotalEnergies SE (NYSE:TTE) announced the start of construction of the final two major components of its $10-billion Gas Growth Integrated Project (GGIP) in Iraq: Common Seawater Supply Project and the Full Field Development of the Ratawi oil field. While collaborating with Basra Oil Company and QatarEnergy, the company aims to replace freshwater with 5 million barrels per day of treated seawater for oilfield pressure maintenance, freeing up about 250,000 cubic meters of freshwater daily for agriculture.
The Ratawi development is projected to reach 210,000 barrels per day by 2028 with no routine flaring. Furthermore, all 160 million cubic feet per day of associated gas will be captured and processed to power plants generating about 1.5 GW of electricity, which is enough for 1.5 million Iraqi households. TotalEnergies SE (NYSE:TTE)’s Chairman and CEO, Patrick Pouyann,e stated that the first phase of the associated gas, oil, and solar projects will begin operations in early 2026.
TotalEnergies SE (NYSE:TTE), a French multi-energy company, produces and markets oil, natural gas, biofuels, biogas, low-carbon hydrogen, renewables, and electricity. It is one of the Best Clean Energy Stocks.
9. EnerSys (NYSE:ENS)
Number of Hedge Fund Holders: 26
Forward P/E: 10.81
With significant upside potential, EnerSys (NYSE:ENS) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 12, 2025, EnerSys (NYSE:ENS)’s stock hit its 52-week high of $107.50 with a market capitalization of $4 billion. The company’s share price has risen by 8.2% over the past year and 16.8% year-to-date.
Analysts view EnerSys (NYSE:ENS)’s strong rally as a result of strong demand for its products and services across its Energy Systems and Motive Power segments. The company’s financial health remains strong, drawing investors’ attention. Analysts keep their eyes on the company as it expands its presence in industrial and renewable applications.
EnerSys (NYSE:ENS) offers stored energy solutions globally, including power systems, large-scale energy storage, thermally managed enclosures, and integrated power solutions. It serves telecom, broadband, data centers, and renewable energy segments. It is one of the Best Clean Energy Stocks.
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.
7. Hayward Holdings, Inc. (NYSE:HAYW)
Number of Hedge Fund Holders: 30
Forward P/E: 19.81
With significant upside potential, Hayward Holdings, Inc. (NYSE:HAYW) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 12, 2025, Stifel reiterated its ‘Buy’ rating on Hayward Holdings, Inc. (NYSE:HAYW) with an $18 price target. This bullish stance stems from investor meetings with the company’s management team earlier in the week.
The investment firm highlighted Hayward Holdings, Inc. (NYSE:HAYW)’s ability to recover margins despite weak volumes during the post-COVID period. Furthermore, the analyst cited the company’s ability to maintain necessary investments while achieving a gross profit margin of 51%, alongside a healthy current ratio of 2.84. At the same time, Fiscal 2025 revenue and EBITDA estimates remain at the high end of the guidance, indicating confidence in continued performance. Also, fiscal 2026 forecasts project mid-single-digit revenue growth even amid slower category recovery.
Hayward Holdings, Inc. (NYSE:HAYW) offers pool equipment and automation systems across North America, Europe, and internationally. It is one of the Best Clean Energy Stocks.
6. Array Technologies, Inc. (NASDAQ:ARRY)
Number of Hedge Fund Holders: 36
Forward P/E: 10.23
Array Technologies, Inc. (NASDAQ:ARRY) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 16, 2025, Jefferies lowered its price target on Array Technologies, Inc. (NASDAQ:ARRY) from $13 to $10, maintaining a ‘Buy’ rating. The price revision reflects short-term margin pressure following the company’s acquisition of APA. The acquisition is also expected to contribute partially to Q3 and fully to Q4 2025.
The investment firm projects fiscal 2025 revenue of $1.25 billion with a gross margin of roughly 28.7%, while generating free cash flow of over $100 million annually in the long term. Analysts expect APA to remain margin-accretive, strengthening the company’s market position if executed well. Several analysts remain bullish on the company, expecting significant upside potential.
Array Technologies, Inc. (NASDAQ:ARRY) delivers solar tracking technology globally, offering single-axis and dual-row tracker systems, photovoltaic-powered control systems, and smart software. It is one of the Best Clean Energy Stocks.
5. Sunrun Inc. (NASDAQ:RUN)
Number of Hedge Fund Holders: 39
Forward P/E: 17.76
Sunrun Inc. (NASDAQ:RUN) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 16, 2025, Goldman Sachs reiterated its ‘Buy’ rating on Sunrun Inc. (NASDAQ:RUN) with a $19 price target. This follows the company’s $510 million securitization of residential solar leases and power purchase agreements on September 12.
This marks the company’s fifth issuance in 2025 and third in the third quarter alone. The issuance allows Sunrun Inc. (NASDAQ:RUN) to raise over $1.5 billion through senior and subordinated non-recourse debt financings. The company’s share price has risen by over 150% over the past six months.
Sunrun Inc. (NASDAQ:RUN) designs, develops, installs, sells, owns, and maintains residential solar energy systems across the U.S. It is one of the Best Clean Energy Stocks.
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.
3. Nextracker Inc. (NASDAQ:NXT)
Number of Hedge Fund Holders: 50
Forward P/E: 17.02
With significant upside potential, Nextracker Inc. (NASDAQ:NXT) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 15, 2025, Nextracker Inc. (NASDAQ:NXT) announced that its Chief Accounting Officer, David P. Bennett, sold 29,178 shares at $67.08 per share for $1.96 million under a pre-arranged 10b5-1 trading plan.
Meanwhile, Nextracker Inc. (NASDAQ:NXT)’s share price has risen over 96% and 58% on a yearly and year-to-date basis, respectively. Analysts believe the company’s stock is undervalued, with several analysts projecting significant upside for NXT’s shares. Furthermore, the company reported stronger-than-expected quarterly results.
Nextracker Inc. (NASDAQ:NXT) offers advanced solar tracker technologies and solutions for utility-scale and distributed generation projects in the U.S. and internationally. It is one of the Best Clean Energy Stocks.
2. Schlumberger Limited (NYSE:SLB)
Number of Hedge Fund Holders: 63
Forward P/E: 12.21
With significant upside potential, Schlumberger Limited (NYSE:SLB) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 15, 2025, Stifel reiterated its ‘Buy’ rating on Schlumberger Limited (NYSE:SLB). The investment firm highlighted the company’s strong performance in Kimberlite’s industry survey.
Furthermore, the investment firm highlighted Schlumberger Limited (NYSE:SLB)’s consistent results across all regions and product lines, particularly in international and offshore markets. The survey also emphasized the company’s premium position in global oilfield services, which reflects its ability to deliver reliable and efficient solutions. Alongside this, the company reported revenue of $35.48 billion over the past twelve months and has maintained dividend payments for 55 consecutive years. Although North America’s land and Canadian operations remain “value-disadvantaged,” analysts believe there’s still room for growth.
Schlumberger Limited (NYSE:SLB) provides technology and services for the energy sector globally, including drilling, reservoir evaluation, well construction, and production systems. It is one of the Best Clean Energy Stocks.
1. ConocoPhillips (NYSE:COP)
Number of Hedge Fund Holders: 72
Forward P/E: 15.26
ConocoPhillips (NYSE:COP) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.
On September 3, 2025, ConocoPhillips (NYSE:COP) revealed its plans to reduce its global workforce by 20% to 25%, potentially affecting up to 3,250 employees and contractors, as part of a broader restructuring aimed at boosting margins and reducing costs.
Furthermore, the move comes after the company’s $17 billion acquisition of Marathon Oil in 2024. This move also comes amid rising controllable production costs, which reached $13 per barrel in 2024, $2 above industry peers. The restructuring is expected to result in $1 billion in additional cost savings and will involve a new organizational structure and management team, which will be unveiled in mid-September.
ConocoPhillips (NYSE:COP) is focused on exploration, production, transportation, and marketing of crude oil, natural gas, LNG, and liquids globally. It is one of the Best Clean Energy Stocks.
While we acknowledge the potential of COP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COP and that has 100x upside potential, check out our report about this cheapest AI stock.
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