12 Most Promising Green Stocks According to Hedge Funds

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

Number of Hedge Fund Investors: 38

Enphase Energy, Inc. (NASDAQ:ENPH) is a global leader in energy technology, known for its solar microinverter systems that convert solar energy into usable electricity. The company also offers energy storage solutions and monitoring software, designed for both residential and commercial solar installations. Enphase Energy, Inc. (NASDAQ:ENPH) generates revenue through a mix of product sales and subscription-based services.

Enphase Energy, Inc. (NASDAQ:ENPH) is actively expanding its product portfolio to cater to a broader range of market needs. The company has recently launched the IQ9 microinverter, featuring Gallium Nitride (GaN) technology, which supports higher DC input currents and higher AC grid voltages, making it ideal for small commercial applications. This product line is set to be released in the second half of 2025 and aims to meet the changing demands of the market and reinforce the company’s presence in the commercial sector.

Furthermore, Enphase Energy, Inc. (NASDAQ:ENPH) is rolling out its fourth-generation battery system, designed to reduce installation costs and enhance its competitiveness in both grid-tied and backup energy solutions. The company is also expanding its presence in key international markets, including Japan, India, and Brazil by offering products tailored to local regulations and market conditions.

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