5 Best Alternative Energy Stocks to Buy Right Now

3. First Solar, Inc. (NASDAQ:FSLR)

Share Price Growth Over the Year: 55.47%
Number of Hedge Fund Holders: 31

First Solar, Inc. (NASDAQ: FSLR) is one of the oldest solar companies in the world since it was founded in 1990 and is currently headquartered in Tempe, Arizona. The company reported $3 billion in revenue last year and has a solar panel manufacturing capacity of 8 Gigawatts. First Solar, Inc. (NASDAQ: FSLR) also expects strong future growth, as it expects its global installed capacity to stand at 1.3 Terrawatts by the end of 2025. Capacity growth in the United States and India form the backbone of the company’s optimistic 2025 growth estimate.