Top Solar Stocks To Follow Today – January 31st

First Solar, Nextpower, and Enphase Energy are the three Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of companies that derive a significant portion of their revenue from the solar energy industry, including manufacturers of photovoltaic panels and inverters, installers and project developers, and suppliers of components or services for solar installations. Investors use them to gain exposure to growth in renewable electricity and decarbonization trends, though they carry sector-specific risks such as policy changes, commodity price swings, and project execution or demand variability. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Nextpower (NXT)

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.