5 Best Alternative Energy Stocks to Buy Right Now

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

Share Price Growth Over the Year: 111.05%
Number of Hedge Fund Holders: 44

Enphase Energy, Inc. (NASDAQ: ENPH) is headquartered in Fremont, California and it sells inverters, energy storage and software for residential users to monitor their power generation and usage levels. Its products are not limited to solar generation only as it also caters to users who use electricity from the congenial power grid. However, Enphase Energy, Inc. (NASDAQ: ENPH) allows its residential customers to design their solar home solutions themselves and it offers innovative solutions such as the ability to capture energy from the Sun even when sunlight is suboptimal.