8 Best Climate Change Stocks To Invest In Right Now

6. Array Technologies, Inc. (NASDAQ:ARRY)  

Upside Potential: 63.58%  

Array Technologies, Inc. (NASDAQ:ARRY) manufactures solar tracking systems that enhance the efficiency and output of solar power plants. The company’s trackers optimize the alignment of solar panels with the sun, boosting energy generation. The company plays a critical role in making solar energy more viable and cost-effective by maximizing solar energy efficiency and reducing dependency on fossil fuels.

On November 18, Array Technologies, Inc. (NASDAQ:ARRY) announced a strategic $3 million investment in Swap Robotics, a pioneer in utility-scale solar robotic operations, maintenance, and automation solutions. The investment in Swap Robotics aligns with the company’s goal of driving automation in the solar industry, particularly in photovoltaic (PV) installation technology. Swap Robotics is developing cutting-edge technology that enables automated module installation, which has the potential to significantly reduce project costs and enhance efficiency.

By integrating Swap Robotics’ technology with its existing products, Array Technologies, Inc. (NASDAQ:ARRY) aims to stay ahead in the rapidly developing automation sector within the utility-scale solar industry. Under the investment agreement, Array Technologies, Inc. (NASDAQ:ARRY) has agreed to provide two additional investments of $1 million each if Swap attains certain agreed-upon milestones.