Buy Renewable Energy Stocks – 5 Best Renewable Energy Stocks To Buy Right Now In 2021

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Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

As global concern for the future of our planet grows, the renewable energy sector follows. You can buy renewable energy stocks from home, but it’s important to do so via a principled source.

In this guide, we escort you through the process of how to buy renewable energy stocks today. We also review the best renewable energy stocks at your disposal and analyze some low-cost brokers to provide you with entry to the markets.

Table of Contents

#1 Broker to Buy Renewable Energy Stocks – eToro

1
$50
Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly

How to Buy Renewable Energy Stocks – A Quick Guide For 2021

To get started, you can complete this quick step-by-step. This guide details how to create an account with the esteemed and SEC-regulated investment platform eToro.

After opening an account, you can buy renewable energy stocks without paying a commission. Moreover, there are plenty of markets listed that fall within this sector. You can buy a fraction of a renewable energy share (from $50) by creating a simple order.

  • Step 1: Open an Account with eToroWhen landing on eToro’s website, join the brokerage by completing a quick sign-up form. This includes fundamentals like your full name, contact details, and preferred log-in information (username and password).
  • Step 2: Upload Your ID – The best renewable energy stock brokers comply with the ID validation procedure known as KYC. Attach a copy of a statement issued from your bank, or an official tax letter showing your home address. Additionally, eToro will validate your identity. Upload a copy of your passport or driving license. Other options are available.
  • Step 3: Deposit Funds – The minimum deposit required here is $50 and as a US client, you will not pay a fee when funding your account. Select a credit or debit card or carry out a US bank transfer. eToro also supports e-wallets. Finally, enter the amount you want to allocate to your broker account and confirm.
  • Step 4: Search for Renewable Energy Stock – Pinning down a renewable energy stock is straightforward at eToro. Type the renewable energy company into the search facility to reveal a list of relevant assets. When you’ve found the stock you are looking for, select the ‘Trade’ button. Alternatively, by selecting ‘Discover’, you will see all available markets.
  • Step 5: Buy Renewable Energy Stocks – Complete the order form in front of you by adding the amount you want to buy, from $50 and over. To confirm your renewable energy stock purchase, select ‘Open Trade’.

eToro will execute the buy order on your chosen renewable energy stock immediately. That is, unless the stock is listed on an exchange that is closed. For instance, US markets are open for business between the hours of 9.30 am and 4 pm (EST).

Whereas, UK markets trade from 3 am until 11.30 am (EST). If the market is closed, just press ‘Set Order’ and it will be completed when it opens for trading.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Renewable Energy Stocks to Buy Now—List of the Best Renewable Energy Stocks

Below, we’ve listed a varied selection of the best renewable energy stocks to buy shares in.

  1. Tesla – Overall Best Renewable Energy Stock to Buy Right Now
  2. Clearway Energy – Best Value Renewable Energy Stock with Dividends
  3. First Solar – Best Renewable Energy Stock for Growth Potential
  4. NextEra Energy – Best Renewable Energy Stock Combining Growth and Dividends
  5. SolarEdge Technologies – Best Renewable Energy Stock for High Returns

Before you elect to buy renewable energy stocks, make sure you thoroughly explore the companies behind them. To give you a kick start, you will see an analysis on each shortly.

How To Buy Renewable Energy Stocks – Choose a Broker

Learning how to buy renewable energy stocks is more simple than ever, helped by the plethora of information at your fingertips. To buy the best renewable energy stocks, you first need to settle on an authentic broker.

See the best listed below:

  1. eToro – Overall Best Place to Buy Renewable Energy Stocks
  2. Webull – Buy Renewable Energy Stocks at 0% Commission
  3. SoFi – Invest in Renewable Energy Stocks via Fractional Shares
  4. Fidelity – Trusted US Brokerage With 7,000+ Stocks
  5. Zacks Trade – Top Broker for Advanced Traders
  6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
  7. Interactive Brokers – Trade US Stocks at 0% Commission
  8. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
  9. E*TRADE – Good Broker for Long-Term Investments
  10. Robinhood – Top Broker for Commission-Free Investing

If you are yet to determine the most suitable investment platform, you can scroll down to see more information on each of the above providers.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Renewable Energy Stocks to Buy Now – Full Analysis

Renewable energy stocks describe companies that use nature’s resources to produce power that is naturally replenished. This is a far cry from non-renewables like fossil fuels, which include natural gas, oil, petroleum, and coal. Some examples of renewable energy sources include waves, wind, sun, rain, and geothermal heat.

You will find further information on the best renewable energy stocks below.

1. Tesla – Overall Best Renewable Energy Stock to Buy Right Now

Tesla is the overall best renewable energy stock to buy right now. The company has had an outstanding few years and is one of the most well-known renewable energy stocks in the industry. As well as producing a fleet of electric vehicles, the company also focuses on a range of renewable energy products.

This includes solar panels, batteries, storage solutions, charging stations, and more. In the last 5 years, Tesla shares have risen by 2,737%. As such, had you elected to allocate $1,000 to Tesla stock 5 years ago, the same shares would now be worth $28,370.

Google Chart Tesla

Tesla was priced at $730 at the start of 2021. Taking into account 52-week highs of $1,243, this illustrates an increase of over 70% in around 11 months. This shows that the stock is still expanding rapidly. If dividends matter to you, Tesla won’t be the best renewable energy stock for your portfolio. The company has never paid dividends, instead choosing to reinvest gains to fund Tesla’s growth and product development.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. Clearway Energy – Best Value Renewable Energy Stock with Dividends

Clearway Energy produces clean power and, unlike Tesla, is a dividend stock. That is to say, when you buy renewable energy stocks in the shape of Clearway Energy, you will receive payments on a quarterly basis. The stock has a running dividend yield of 3.48% at the time of writing, which is competitive. In fact, payments have increased every quarter for several years now.

As of late November 2021, this renewable energy stock offers an annual dividend of $1.36 per share. When you are looking to buy stocks, you should have a grasp of what the company does. Clearway Energy provides a great way to access the renewable energy sector. The renewable energy firm is one of the world’s biggest operators, distributors, and developers of solar and wind products.

Google Chart Clearway Energy

In terms of historical price data, in the last 5 years, this renewable energy stock has seen an increase of 142.67%. Some market commentators believe Clearway Energy stock is undervalued. With such a high dividend yield, this could present a great opportunity for people looking to buy renewable energy stocks at a low price. Despite this, it is crucial that you scrutinize the plethora of data available yourself when you are casting around for renewable energy stocks.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. First Solar – Best Renewable Energy Stock for Growth Potential

If you are looking to buy growth stocks, First Solar has the potential to be an excellent addition to your portfolio. This company manufactures solar panels and demand for this renewable energy product is increasing year by year. First Solar operates some of the world’s biggest photovoltaic power stations, or PV systems.

In laymen’s terms, this company constructs, develops, and finances solar farms and plants. When seeking out the best renewable energy stocks, we always analyze historical price information to shine a light on the company’s performance. Over the last 5 years, First Solar shares have risen by 253.86%.

Googl Chart First Solar

In the last 6 months alone, this company saw an increase of 44.76%, which shows great growth potential. If it is dividend-paying stocks you are looking for, you should know that First Solar does not pay them. With that said, many market analysts think this renewable energy stock is one to watch. In recent years, First Solar has sold off much of its so-called legacy assets, and all that is left is a successful solar panel company.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. NextEra Energy – Best Renewable Energy Stock Combining Growth and Dividends

NextEra Energy is the best renewable energy stock for anyone looking for both growth and dividends. This company is one of the biggest generators of renewable energy in the US, with divisions also found in Canada.

The company operates over 100 wind farms, 33 large-scale solar projects, and over 180 megawatts of battery energy storage systems (BESS). As such, this is one of the best renewable energy stocks in the US today. NextEra Energy shares are trading 203.97% higher than they were 5 years ago, with an increase of 18.86% in the last 6 months alone.

Google Chart Next Era Energy

If you decide this is the best renewable energy stock for you, you can also expect an annual dividend yield of around 1.77%. Shareholders of NextEra Energy receive 4 payments per year, and the last dividend was $0.385 per share.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. SolarEdge Technologies – Best Renewable Energy Stock for High Returns

SolarEdge Technologies has been around since 2006 and we think it is the best renewable energy stock to buy for high returns. This company produces solar invertors. In layman’s terms, when the sun has charged solar panels, it is converted into energy, which is then transferred to an invertor. After this, the direct current changes to the alternating one – which is the type of electricity used by businesses, homes, and appliances.

Without it, we wouldn’t be able to use the abundance of renewable energy created from solar panels and the like. Interestingly, before Tesla started making its own, its invertors were sourced from two companies, one of which was SolarEdge Technologies.

Google Chart solar edge technologies

We checked out the performance of this renewable energy stock and found that over the last 5 years, SolarEdge Technologies shares have surged by 2,550%.To put this growth into perspective, had you risked $1,000 to buy SolarEdge Technologies stock 5 years ago, your shares would be worth around $26,500 today. This renewable energy stock does not pay dividends.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Renewable Energy Stocks for my Portfolio?

If you are still pondering the best renewable energy stocks for your portfolio, you will see some key considerations below. This will ensure that you only buy stocks that align with your long-term investment goals.

Dividends or Growth

When researching the best renewable energy stocks to buy, it’s wise to study insightful information, such as the company’s dividend policy and share price growth.

By taking a quick glance at some renewable energy stocks credentials, we can see the following information:

  • Tesla has increased by 85% in the last 6 months and pays no dividends
  • Clearway Energy shares have risen by 46% in 6 months and the stock has a dividend yield of 3.78%
  • NextEra Energy is trading around 19% higher than 6 months ago. This company pays a dividend yield of 1.77%

As you can see by these examples, each company will differ when it comes to growth and dividends. Some might not pay dividends, and others might fall into the category of both growth and dividends.

Market Capitalization

Viewing the market capitalization of a company might be a deciding factor for you when you elect to buy renewable energy stocks. The market capitalization will give you a clear idea of how much the renewable energy company is worth and how much it could grow by.

You will find the market capitalization of the best renewable energy stocks listed below, from lowest to highest:

  • Clearway Energy – $7.64 billion
  • First Solar – $11.51 billion
  • SolarEdge Technologies – $18.30 billion
  • NextEra Energy – $171.08 billion
  • Tesla – $1.10 trillion

Renewable energy stocks with a lower market capitalization tend to be more volatile, which is potentially a good thing if you feel comfortable with risk. Whilst this is not always the case, it’s thought that large-cap companies such as Tesla are safer options. Largely because they are well-established.

Remember, this doesn’t mean there is no risk involved, so always carry out research on any potential renewable energy investment. Companies such as Clearway Energy, priced at less than $40 per share at the end of November 2021, potentially offer the highest upside.

Where to Buy Renewable Energy Stocks – Full Broker Reviews

When you’ve established which could be the best renewable energy stocks for your portfolio, you can focus your attention on where to fulfill your trading order.

To spare you hours of online research, we have reviewed the best brokers to buy renewable energy stocks from in a secure and cost-effective way.

1. eToro – Overall Best Place to Buy Renewable Energy Stocks

bitcoin today

eToro is a well-known broker that has been operating since 2007 and is regulated by multiple financial regulators comprising the SEC, ASIC, CySEC, and the FCA. This platform offers thousands of markets and you can buy stocks and ETFs with 0% commission and low spreads. You can buy renewable energy shares in fractional amounts via this brokerage.

Let’s say you wanted to buy Tesla shares, but weren’t able to risk over $1,000. This platform allows you to purchase a fraction of any stock, from just $50. You can buy renewable energy stocks such as the aforementioned Tesla, Clearway Energy, First Solar, NextEra Energy, Solar Edge Technologies, and more. Alternatively, you can buy renewable energy stocks via an ETF that tracks the performance of a range of companies within the sector.

etoro copy portfolio

ETFs that fit this description include the Invesco Solar, First Trust NASDAQ Clean Edge Green Energy Index Fund, and a few others. If you fancy accessing renewable energy stocks via one investment, but in a completely passive way, you could try the CopyPortfolio option at eToro. One such suitable portfolio is ‘Renewable Energy’. The portfolio tracks some of the biggest companies in this sector and is weighted by performance.

We found companies to include those involved in solar and wind power, recycling, and more. The portfolio is made up of 29 renewable energy stocks. Another option is Copy Trading. This enables you to mirror a seasoned trader, like-for-like. Invest in a copy trader and any stocks they buy will appear in your portfolio. The minimum deposit at eToro is $50 and you can choose between financing methods such as e-wallet, bank transfer, and credit/debit cards.

Pros

  • Invest in stocks at 0% commission and ZERO stamp duty
  • Minimum investment per stock is $50
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Renewable Energy Stocks at 0% Commission

webull review

Webull is a top-rated US broker offering low-cost trading and a regulated platform on which to place orders and buy renewable energy stocks. When you buy stocks here, you will pay 0% in commission. The regulation on the platform comes from the SEC. It is also registered with FINRA. You can buy renewable energy stocks like Tesla, First Solar, and NextEra Energy at Webull.

webull review

When it’s time to finance your account to place an order, there is no minimum in place. Payment options are inclusive of bank transfers and ACH. Notably, it may take up to 3 days for the funds to reach your Webull account. This broker also lists renewable energy ETFs. Please note that if you are looking to buy stocks from outside of the US, there isn’t much available.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. SoFi – Invest in Renewable Energy Stocks via Fractional Shares

SoFi invest review

The SoFi platform is also regulated by the SEC and is registered with FINRA. This broker is good for people who want to buy fractional shares in renewable energy companies. You can stake as little as $5 when buying stocks and will not pay any commission fees. This means that with a mere deposit of $20, you could elect to buy four different renewable energy stocks.

SoFi invest review

Some of the renewable energy stocks we found include Tesla, Clearway, and a few others. Before you sign up with this broker, please be aware that SoFi is unable to offer any renewable energy stocks outside of the US. To finance your renewable stock investment, you can choose between a recurring deposit, checking account, or bank transfer.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Fidelity – Trusted US Brokerage With 7,000+ Stocks

fidelity review

Fidelity is another longstanding US broker on this list. The company has been in operation since 1946, is registered with FINRA, and falls under the regulation of the SEC. As such, this is a legitimate trading space. Provided they are US-based, you can buy renewable energy stocks here on a commission-free basis. There are over 7,000 stocks listed at Fidelity.

We found the best renewable energy stocks to include First Solar, SolarEdge Technologies, Tesla, and others. The minimum purchase is just $1, so you can buy a fraction of a share with ease. Alternatives include the S&P Global Clean Energy Index and The Fidelity Clean Energy Index. When it comes to funding your account, there is no minimum and you can choose between a check and US bank transfer.

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Zacks Trade – Top Broker for Advanced Traders

zacks trade review

Zacks Trade is regulated by the SEC and is a great option for seasoned stock traders. There are multiple account types to choose from and there is also a variety of trading tools, such as technical indicators and price charts. Notably, this is not a commission-free broker. You will be required to pay $0.01 per share on your desired renewable energy stocks.

zacks trade review

The best renewable energy stocks at Zacks Trade include NextEra Energy, Tesla, Canadian Solar, SunRun, and more. Account funding options are inclusive of e-wallets, as well as credit and debit cards. Alternatively, bank transfers are also supported. Whilst there is no minimum deposit in place, the platform recommends a starting amount of $2,500.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit recommendation of $2,500 or more

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments

Ally Invest review

US broker Ally Invest was founded in 2005 and conducts business under the regulatory rules of the SEC. The broker is also a FINRA member. This platform offers various accounts with different fees. For instance, if you choose the self-directed option, there is no minimum deposit stipulated when opening an account. Supported deposit methods comprise checks and bank transfers.

Ally Invest review

The platform also supports broker transfers from a third party. The best renewable energy stocks include Tesla, SolarEdge Technologies, and Clearway Energy. We also found ETFs to include Global X YieldCo & Renewable Energy Income. This broker enables you to buy a fraction of a share and the minimum stake is just $0.50.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Interactive Brokers – Trade US Stocks at 0% Commission

Interactive Brokers

Interactive Brokers was founded in 1978. The broker is a member of FINRA and regulated by the SEC and the FCA. If you are looking to invest in renewable stocks that are listed in the US marketplace, you will pay a 0% commission on this platform. Renewable energy stocks listed here include Tesla, Clearway Energy, Crew Energy, and more.

Interactive Brokers

When it’s time to finance your renewable energy stock purchase, your choices include bank wire, check, and ACH. This broker may be more suitable for experienced investors as there are heaps of advanced tools and the platform is complex in comparison to the likes of eToro and Webull.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Merrill Edge – Online Brokerage With a Variety of Investment Accounts

Merrill Edge review

Merrill Edge is backed by the Bank of America and is regulated by the SEC. The platform also has a membership with FINRA. You can buy renewable energy stocks listed in the US with 0% commission. The standard account has no minimum deposit in place. However, if you prefer a guided account, there is a minimum requirement of $1,000 in addition to an advisory fee of 0.45%.

Merrill Edge review

The best renewable energy stocks include NextEra Energy, Tesla, and a few more. When you want to fund your account to buy stocks, you can select between check and US bank transfer. There is a variety of accounts on offer and which one you choose will depend on your skill level. Beginners are best sticking with the self-directed option, which is a standard account.

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. E*TRADE – Good Broker for Long-Term Investments

E*TRADE review

E*Trade is a FINRA member and is also regulated and approved by the SEC. The broker has provided financial services for almost 40 years, offering a selection of retirement account options as well as stocks. The former includes Rollover and Traditional IRAs, as well as the Roth and Beneficiary variety. There are a plenty of renewable energy stocks listed here, including SolarEdge and Clearway Energy.

E*TRADE review

All US-listed renewable energy stocks are offered with 0% commission. Furthermore, as long as you sign up for a standard account, you won’t be required to meet a minimum deposit. This broker supports deposits via US bank wire, check, or ACH. If you are looking to expose your portfolio to international renewable energy stocks, options are very limited and commissions will apply.

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks
  • Won’t suit seasoned investors seeking high-level trading tools     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. Robinhood – Great US-Based Broker for Beginners 

robinhood review

As with every other online broker on this list, Robinhood holds a FINRA membership and is regulated by the SEC. This platform is highly suitable for newbie investors as you can buy renewable energy stocks from just $1. As such, you can purchase a tiny fraction of your chosen stocks. There is no commission to pay at Robinhood. You can buy renewable energy stocks such as Tesla, First Solar, and Clearway at Robinhood.

robinhood review

Note that if you wanted to diversify your portfolio with renewable energy stocks from beyond the US, this is not possible at Robinhood. In terms of funding your brokerage account, there is no minimum specified. However, unlike eToro, this platform supports only one deposit method, and that is a bank transfer (ACH or wire). As you likely know, this can take days to appear as available investing funds.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Renewable Energy Stocks – Detailed & Explained in Full

Now that we have reviewed the best renewable energy stocks to buy, you should have a better indication of your preferences.

As such, you can now follow the below step-by-step guide on how to buy renewable energy stocks today. You will see that we direct you to eToro. This is because you will pay 0% commission, can buy a fraction of a share, and the platform operates within the guidelines of the SEC.

Step 1: Open a Broker Account

Go to the eToro platform. Tell eToro who you are, to create an account – from which you can buy renewable energy stocks in safety. This is simple. Click ‘Join Now’, complete the form you are presented with by entering your name in full.

You will also need to provide your phone number and an email address. After deciding on a username and password, you can confirm to proceed to the next stage.

how to join etoro

After completing your residential address, you can add a social security number, date of birth, and your nationality. To fulfill the KYC process, eToro will need some documentation. This takes a matter of minutes. Send a clear copy of a photo ID issued by the government. For this, you can use a passport or driver’s license.

For the broker to validate your address, you will be prompted to upload a bank statement or bill issued within the last 3 months. There are plenty of other options available to complete the KYC process, so if you don’t have the above-mentioned documents, check out the eToro website.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

To buy the best renewable energy stocks, you will need some capital in your account. Making a deposit is stress-free at eToro. Just complete a simple form to fund your account. Enter the amount you want to deposit and choose between the list of supported payment types.

Deposit Funds

This includes debit and credit cards issued by the likes of Maestro, Visa, and Mastercard. If you prefer e-wallets, eToro accepts deposits using Skrill, PayPal, and Neteller, among others. Bank transfer is also on the table but bear in mind this can take up to 7 business days. The minimum deposit is $50 and eToro does not charge US clients any transaction fees.

Step 3: Search for Renewable Energy Stocks

If you have made a decision on which renewable energy stocks you want in your portfolio, you can enter the name in the search bar on the main dashboard. Alternatively, to see all stocks covering the NASDAQ, the NYSE, the LSE, and heaps more – click ‘Discover’.

eToro Search First Solar

Here, we are searching for First Solar – which offers great growth potential in the renewable energy space. Select the ‘Trade’ button when you’ve found your chosen renewable energy stock.

Step 4: Buy Renewable Energy Stocks

At this stage, you can elect to buy renewable energy stocks. Here, we are creating an order to buy $50 worth of First Solar shares. As such, this will constitute a fractional investment.

eToro Buy Order First Solar

Decide how much you would like to risk and complete the order form accordingly. Select ‘Set Order’, or ‘Open Trade’ to get the ball rolling (depending on whether or not the market is open).

As we covered earlier, the minimum investment is $50. If the market is closed, eToro will complete your renewable energy stock purchase as soon as it reopens.

How to Buy Renewable Energy Stocks – Conclusion

Whether you are a seasoned investor looking to add renewable energy stocks to your portfolio, or are inexperienced and learning how – there are heaps of options. You can buy renewable energy stocks that are involved in the production of solar, geothermal, biomass, wind, or hydropower.

There are also companies like Tesla that manufacture and sell electric cars, as well as clean energy batteries and solar panels. We scrutinized a plethora of brokers, and eToro is the most versatile. The online broker has licenses from regulatory bodies comprising the SEC, FCA, and others.

You can buy fractional shares starting at $50 whilst being charged 0% commission. Furthermore, we found a long list of renewable energy stocks. Deposit methods include e-wallets, debit and credit cards, and also transfers from your bank.

1
$50
Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.