5 Best Clean Energy Penny Stocks To Buy Now

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In this article, we discuss the 5 best clean energy penny stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Clean Energy Penny Stocks To Buy Now

5. Advent Technologies Holdings, Inc. (NASDAQ:ADN)

Number of Hedge Fund Holders: 11  

Advent Technologies Holdings, Inc. (NASDAQ:ADN) operates as an advanced materials and technology firm. It markets critical components that determine the performance of hydrogen fuel cell systems. These fuel cell systems are a fast-growing sector within the clean energy market. Advent Technologies Holdings, Inc. (NASDAQ:ADN) joined the Russell 3000 Index in June 2021. In the same month, Advent Technologies Holdings, Inc. (NASDAQ:ADN) agreed to a €52 million deal to purchase the fuel cell systems business of Fischer Group.

Advent Technologies Holdings, Inc. (NASDAQ:ADN) has also recently signed a distribution and service agreement with Calscan Solutions. The deal will enhance the plans of the latter to offer fuel cell systems solutions to the oil and gas sector for their power needs.

Hedge funds seem bullish on Advent Technologies Holdings, Inc. (NASDAQ:ADN) as a new fiscal year begins. At the end of the third quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $15 million in Advent Technologies Holdings, Inc. (NASDAQ:ADN).

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