Buy Solar Stocks – 5 Best Solar Stocks To Buy Right Now In 2022

Fact Checked by Gary McFarlane

One of the ways to offset humanity’s carbon footprint is solar energy – generating power using sunlight, instead of fossil fuels. You can buy shares in solar companies easily by creating a stockbroker account, some of which also facilitate fractional investments.

Today we talk in detail about how you can buy solar stocks at 0% commission. We also review the best solar stocks to buy right now so that you can enter this marketplace with your eyes wide open.

Table of Contents

#1 Broker to Buy Solar Stocks – eToro

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How to Buy Solar Stocks – A Quick Guide For 2022

See a quick sign-up guide below, whereby you can access the best solar stocks to buy right now without paying any commission.

  • Step 1: Open an Account with eToroCreate an eToro account by completing the sign-up form. To request one, click ‘Join Now’ then complete your name, as well as other information required such as your contact details. At this point, you also can choose a username and password.
  • Step 2: Upload Your ID – This broker adheres to anti-money laundering regulations, so will take you through a quick and easy KYC procedure. When asked, add your proof of address by means of a bank statement or utility bill. To enable eToro to validate your identity, attach a state-issued driver’s license, a government ID, or passport.
  • Step 3: Deposit Funds – eToro accepts debit/credit cards, ACH, online banking, and e-wallets. Choose a payment method to fund your account with and enter an amount of $50 or more.
  • Step 4: Search for Solar Stock – To buy solar stocks you will have to place an order. First, look under ‘Discover’ and ‘Stocks’ and locate your chosen shares. Alternatively, enter the name of the company in the search box, for instance, ‘First Solar’. When you are satisfied you’ve found the right solar shares, click ‘Trade’ to open the eToro trading order form.
  • Step 5: Buy Solar Stocks – Complete the trading order to buy solar stocks by clicking ‘Buy’ and entering at least $10 in the ‘Amount’ box. This is the minimum stake irrespective of the stock because eToro allows for fractional investments.

When you’ve completed step 5, you have successfully bought solar stocks at 0% commission. You will find the shares in your eToro portfolio.

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

Best Solar Stocks to Buy Now – List of the Best Solar Stocks

Each stock trader will look for different things when investing in a company. We’ve listed the best solar stocks to buy right now and there is something for everyone.

See a complete review of each later.

  1. First Solar  – All-Round Best Solar Stock to Invest in
  2. NextEra Energy – Best Solar Stock for Growth
  3. Clearway Energy – Best Solar Stock for Regular Dividend Payments
  4. SolarEdge Technologies – Top Solar Stock For Diversity
  5. SunPower – Low-Cost Solar Stock Due for Expansion

Once you have decided which solar stocks you might elect to buy, you can choose a suitable trading platform to make it happen.

How To Buy Solar Stocks – Choose a Broker

Choosing a broker can be intimidating. As such, for the purpose of this guide we looked to find the best places to buy solar stocks – see a quick view of our findings below.

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

Later on, you can see a full review of each stock trading platform listed above.

Best Solar Stocks to Buy Now – Full Analysis

In the sections below, we outline our full analysis of the best solar stocks to buy now. We considered a wide range of companies – based on potential upside and identified risk. Additionally, we also considered whether the solar stock in question pays dividends, alongside the strength or weakness of its balance sheet.

1. First Solar  – All-Round Best Solar Stock to Invest in

When researching the best solar stocks to invest in, you will have no doubt come across First Solar. The company is a global leader in the advanced solar modules field. Put simply, First Solar manufactures, develops, and sells super thin, but large in size, panels. The solar panels produced by First Solar have been praised for their performance in less than favorable conditions, such as low light.

First Solar appeals to utility-sized power projects because the large thin solar panels it manufactures offer a low-cost wattage. The company itself also has an impressive balance sheet, with more cash than debt in the majority of divisions.

Google Chart First Solar 

First Solar has long been recognized as one of the most profitable in this sector and many commentators think it is once again moving back into growth mode. This is largely because First Solar has eradicated all of its non-core businesses (otherwise called legacy) it once had. The company is now entirely focused on what it does best – innovative solar panels.

As the solar energy industry continues to grow, it’s likely that this global leader will too. Ultimately, the company is already in a prime position to thrive in this marketplace.

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

2. NextEra Energy – Best Solar Stock for Growth

NextEra Energy is one of the best solar stocks to buy now, not least because it operates over 40 power plants and also produces wind energy on a huge scale. Aside from being a potentially profitable solar stock, NextEra Energy is the largest regulated electric company in the US. Furthermore, in exchange for government rate approval, it has a monopoly in its specific markets. This stock also focuses on the construction, development, and operation of the centers that generate solar energy output.

This energy giant owns multiple solar energy transmission lines across the US and is also working towards investing in additional large-scale facilities. The NextEra Energy distribution generation (DG) team develops, funds, operates, and builds clean energy systems.

Google Chart NextEra Energy

The company also facilitates the generation of solar power, rooftops, parking structures – covering institutional, public, utility, and also commercial customers.NextEra Energy has ongoing projects in 27 US states and is planning further expansion in this sector.

The company has already added almost 2 gigawatts of battery storage and renewables. Moreover, it has announced plans to finish a multi-year capital investment plan worth around $30 billion on its business. In the last 5 years, the stock has grown by just over 206%. Some market spectators think this could one to watch for rapid growth.

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

3. Clearway Energy – Best Solar Stock for Regular Dividend Payments

If you are hoping to buy solar stocks that offer a steady cash flow – look no further. Clearway Energy is an enormous renewable energy producer based in the US. The company turns out about 5 gigawatts of energy, which covers solar, wind, and natural gas. Additionally, ClearWay Energy is in the process of developing more community solar plants. After completion, this will take its farms up to almost 100.

For those unaware, a solar community farm or plant is a field filled with panels exposed to the sun. This generates clean energy and allows businesses, investors, individuals, and non-profit organizations to provide capital.

Google Chart

These investors subscribe to a portion of the farm and reap the benefits of solar power without having to buy and install panels. This generates a lot of clean energy and could mean plenty of upside potential for this solar stock.

After much research, Clearway Energy came out as the best solar stock for dividends. At the time of writing, and based on the current price of a share, Clearway Energy pays a running dividend yield of 4%, which is attractive. Ordinarily, when looking for dividend-paying stocks we expect anywhere between 1% and 3%. The last dividend payment received by stockholders was $0.335 per share.

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

4. SolarEdge Technologies – Top Solar Stock For Diversity and Growth

SolarEdge Technologies is one of the best solar stocks to buy right now. As well as manufacturing panels, the firm makes a suite of solar products. This includes batteries, smart energy management, monitoring software, and power optimizers. With that said, SolarEdge Technologies is probably best known for its production of inverters.

Essentially, inverter solutions transform energy created by solar panels (known as direct currents, or DC) into alternating currents (AC). As such, SolarEdge manufactures a key element of what makes solar power useful. The company’s inverters take the energy created by the sun and turn it into a recognizable form of power we can use in homes and businesses. This solar stock has also won a chunk of the market share by offering low-cost power optimizers.

Google Chart SolarEdge Technologies

SolarEdge Technologies is a multi-billion dollar company, with offices in the US, Italy, Germany, Isreal, and Japan. In the last 5 years, shares have increased by nearly 833%. SolarEdge Technologies has a strong balance sheet which could give it the flexibility to grow and expand. In fact, the company has already invested in new products surrounding storage and management.

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

5. SunPower – Low-Cost Solar Stock Due for Expansion

Finally, when reviewing the best solar stocks to buy now, we couldn’t leave SunPower out. The company has been around since the 1980s and has always been involved in the solar energy market. In fact, its solar cells have been used as a source of power by NASA since the mid-1990s. This company has made a lot of changes in recent years.

Most notably, all utility-scale parts of the company, as well as panel manufacturing plants and invertor businesses, have been sold off. For instance, SunPower sold its micro-inverter division to Enphase Energy for 7.5 million ENPH shares, as well as $25 million in cash in 2021. This allows SunPower to focus entirely on residential solar installation and grow as a company.

Google Chart SunPower

SunPower is able to amalgamate monitoring features and energy storage with first-rate solar installations. As such, SunPower has created a framework to which it can finance, design, install and sell residential solar products on a large scale. Over the past 5 years, SunPower shares have increased by over 392%. Some market commentators think this solar stock could continue to increase as the company expands its horizons.

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

How to Choose the Best Solar Stocks for my Portfolio?

Although we have listed the best solar stocks to buy right now, the companies that we have identified might not necessarily be suitable for your investment needs.

With this in mind, you will find a few considerations below to help you choose the best solar stocks to buy.

What is the Solar Stock’s Business Model?

When you are searching for the best solar stock to buy, consider its business model. That is to say, the solar industry encompasses a varied range of companies and therefore it should be of interest to you how the company makes money.

For instance:

  • There are some companies in the sector that are multifaceted and are involved with everything from the design and manufacture, to the selling of solar products. An example of this would be NextEra Energy and First Solar
  • Then, some solar companies concentrate on installing panels on a residential or utility-scale – for instance, SunPower
  • Others simply operate solar power generating facilities, or design and manufacture panels and/or key components of the technology. This would include Clearway Energy and Solar Edge Technologies

In the case of SolarEdge Technologies, for instance, the company does make other products. However, optimizers and invertors bring it the most revenue. When it comes to First Solar, as we said, this company specializes in invertors to optimize the energy created. However, it makes most of its money from the manufacturing of its ultra-thin industry-leading solar panels.

What is the Production Capacity and Expansion Strategy of the Solar Stock?

You can also consider the company’s long-term plan and where it might fit into the future of clean energy. As such, when you are carrying out research to buy solar stocks, check out the production capacity and what the company has planned for the future. As a potential shareholder, this information will give you an idea of what the solar stock is capable of, and the company’s ambitions.

eToro NextEra Energy Stats

See just a few examples of the capacity and expansion strategy of the best solar stocks:

  • NextEra Energy produces over 3,000 megawatts of solar power from its 40 plants. The company plans to install a further 30 million solar panels by 2030
  • First Solar’s global capacity is expected to increase to 3.3 gigawatts when the company expands into India and the US The company has also signed a contract with Lightsource BP – a global solar developer.
  • First Solar will produce and supply anywhere up to 5.4 gigawatts of solar panels in batches up to 2025
  • Clearway Energy produces a solar capacity of around 5 gigawatts from almost 100 community farms. The company is also selling its thermal business – Community Energy
  • Clearway Energy will sell steam, electric, and water infrastructure assets, to KKR for around $1.9 billion. The money will be spent on further expansion of the company

Some of the above-mentioned figures refer to the solar capacity alone. Many companies also have wind projects, which generate even more energy and sales.

Solar Stock Sales and Dividends

One of the key pieces of information you need to study when looking for the best solar stocks to buy is sales. Moreover, many investors also look for solar stocks that pay dividends.

See some examples on each below, using the best solar stocks we reviewed earlier to clear the mist:

  • First Solar’s net income in the third quarter of 2021 was $584 million. This solar stock does not pay dividends
  • NextEra Energy reported a net income of $447 million in the third quarter of 2021
  • This solar stock offers a dividend yield of 1.73%, based on the current price per share and payments made in the previous year
  • Clearway Energy reported a net income of $25 million in the third quarter of 2021. This solar stock pays dividends. The running dividend yield is 4% Again this is based on dividends paid last year and the price per share at the time of writing (early December 2021)

As you can see, if you are searching for solar dividend stocks, Clearway Energy is one of the best options.

Where to Buy Solar Stocks – Full Broker Reviews

When you have settled on the best solar stocks to buy, you can register with a suitable broker. By suitable we mean preferably one that is economical with trading fees, regulated by the SEC, and offers access to plenty of solar stocks.

1. eToro – Overall Best Place to Buy Solar Stocks

bitcoin today

eToro lists thousands of assets including ETFs, cryptocurrencies, indices, forex, and of course stocks. This popular stockbroker is registered with FINRA and holds a license from the SEC – which means it is a safe place to trade. We checked out the platform and found it easy to get around, which made finding the plethora of listed solar stocks a breeze. The best solar stocks listed here include NextEra Energy, Clearway Energy, First Solar, SunPower, SolarEdge Technologies, and more.

All stocks and ETFs can be bought and sold with 0% commission to pay. Furthermore, the minimum stake at eToro is just $10 when investing in stocks. This allows you to buy a fraction of a share in your chosen solar company. There are also relevant funds, such as the Invesco Solar ETF. There are a couple of additional trading tools that are suitable for all skill sets at eToro.

etoro copy portfolio

One such tool is the CopyPortfolio service. The team at eToro has put together a portfolio of assets that are relevant to a particular sector or market. Find one you like and you are able to passively invest in a range of stocks, and in some cases funds, that have been weighted by performance. The other stand-out tool is called Copy Trading. There are heaps of seasoned investors on eToro that allow traders to copy their orders like for like.

Of course, you will invest some funds in the Copy Trading candidate first. Once invested, any stock they buy or sell will be found in your own portfolio. For instance, let’s you invest $1,000, and the experienced trader risks 10% of their balance on First Solar.  In this scenario, you will find that you have $100 allocated to the same stock. At eToro, the minimum deposit stands at just $50. For this, take your pick between ACH, online banking, credit/debit cards, and e-wallets

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • 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 Solar Stocks at 0% Commission

webull review

At Webull you will also find a plethora of US stocks that can be bought on a commission-free basis. The broker is a FINRA member and the SEC regulates the Webull platform to ensure fair practice. The website will be easy to use for most traders but we found very little in terms of international stocks. With that said, there are a few solar stocks to buy such as NextEra Energy and First Solar.

webull review

There are also ETFs listed here. You can finance your Webull account using ACH or wire transfer, but it may not appear in your account for up to 3 days due to processing times. This broker doesn’t stipulate a minimum deposit amount when funding your account. If you’re planning to deposit via bank wire, you will charged $8 at this broker.

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. Merrill Edge – Online Brokerage With Numerous Investment Accounts   

Merrill Edge review

Merrill Edge is a well-known US trading platform that offers a range of products and holds a license from the SEC. Products include everything from stocks and ETFs to savings and retirement plans. This broker offers US stocks at 0% commission. There are various accounts to choose from and if you elect to buy stocks using a self-directed plan, you will not have to adhere to a minimum when making a deposit to fund your purchase.

Merrill Edge review

Merrill Edge is backed by the Bank of America. This means, if you have an existing account, you can link them together to finance your solar stock investment. Alternatively, you may fund your broker account using a wire transfer or check. Please note that the guided account option commands a fee of 0.45% and a minimum deposit of $1,000. As such, this might not be suitable for those on a small budget.

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.

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

fidelity review

US-based stockbroker Fidelity also conducts itself by following the regulatory rules of the SEC. It is also a member of FINRA. If you elect to purchase solar stocks that are listed in US markets you will pay 0% commission when buying and selling shares. All in all, you will find in excess of 7,000 stocks at this brokerage.

The minimum stake when you buy stocks is $1, which means you can easily diversify your investment portfolio with fractional shares if you so wish. There are a handful of solar stocks and you can fund your Fidelity account with a wire transfer or a check. Other supported markets at this broker include index funds, mutual funds, bonds, and access to IPOs.

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. Robinhood – Best US-Based Broker for Beginners 

robinhood review

Robinhood offers access to everything from IPOs, ADRs, and bonds, to options stocks and ETFs. When you buy stocks here it will be on a commission-free basis and you can only access those listed in the US. Solar stocks are inclusive of the best in the sector; Clearway and First Solar. The best part is you can buy just a fraction of a share, with the minimum standing at just $1.

robinhood review

When signing up to buy stocks you will need to finance your purchase by making a deposit. Whilst there is no minimum here, this platform is limited in terms of supported payment methods. For instance, whereas eToro accepts debit/credit cards and e-wallets, Robinhood is only able to support ACH or bank wires, which are the slowest to process.

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.

6. Zacks Trade – Top Broker for Seasoned Stock Traders  

zacks trade review

The SEC regulates Zacks Trade and we found the platform better suited to advanced stock traders. This is largely due to the number of advanced research and analysis tools available on the site. There is a wide selection of stocks including shares from companies involved with various elements of creating solar power.

zacks trade review

The brokerage also supports fractional investments, and you can purchase a small portion of a share from a minimum of just $1. The commission stands at $0.01 per share in this case. If the order is for less than $1 a share, the commission is 1% of the trade volume. When you elect to fund your account and buy solar stocks you will not have to meet a minimum amount. However, the platform states that a minimum of $2,500 is advised to get the most of its products and services.

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 required is $2,500

at eToro, #1 Online Broker

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

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

Ally Invest review

Ally Invest operates under the SEC rules and has gained membership from FINRA. Stocks and ETFs are offered with no commission. Beginners will be better off signing up with a self-directed account as this is the standard option. With this account, you will not have to meet a minimum amount to get started. You will find the likes of SolarEdge Technologies listed here, as well as some relevant ETFs.

ally invest review

Accepted payment types are wire transfer, ACH, and third-party deposits. The biggest drawback with this broker is that it does not allow you to make fraction investments. As such, if you’re chosen solar stock carries a high share price, this might make the company unaffordable for those on a budget.

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.

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

Interactive Brokers

Interactive Brokers is regulated by the SEC and offers US-listed solar stocks with no commission fees. Any shares listed outside of the US will incur a commission that varies depending on the exchange. This platform allows you to opt for fractional shares trading, which means you can buy a specific dollar amount of your chosen stock and build a balanced portfolio with ease.

Interactive Brokers

Solar stocks include Clearway Energy, amongst many others. Unlike at eToro, you can’t fund your stock purchase with a debit/credit card here. You can however pick from ACH, check, or bank wire. This platform might be too advanced for beginners. The minimum deposit at Interactive Brokers is $100.

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.

9. SoFi – Invest in Solar Stocks via Fractional Shares 

SoFi invest review

SoFi is SEC-regulated and also holds a FINRA membership. This is one of the best brokers on this list for investors who want to buy fractional shares. You can add solar stocks to your portfolio with a stake as little as $5 at SoFi. This means you easily buy a tiny fraction of a share, rather than shelling out hundreds of dollars. One of the top solar stocks we found listed here was Clearway Energy, which is one of the best for dividends.

SoFi invest review

You can also access IPOs, cryptocurrencies, and ETFs at SoFi. When you are all set to fund your trading account there is no minimum deposit to worry about. Payment options consist of recurring deposits, compatible savings accounts, ACAT, and checks. Finally, SoFi also offers automated accounts that will build and maintain a portfolio on your behalf.

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.

10. E*TRADE – Best Broker for Long-Term Investments 

E*TRADE review

E*TRADE is a great option for those that want to invest on a long-term basis. Products include ETFs, funds, options, retirement accounts, and of course stocks. E*TRADE is regulated by the SEC and FINRA has provided the platform with a membership. This online broker has over 40 years of experience and will let you buy US-based solar stocks without paying a commission fee.

E*TRADE review

Please note that stocks from beyond the US will come with extra trading fees. US-based solar stocks are inclusive of Clearway Energy and SolarEdge but there are others. When it comes to trading accounts, the standard offering requires no minimum deposit. Account funding options include check, ACH, and bank wire.

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.

How to Buy Solar Stocks – Detailed & Explained in Full

It’s easy to buy solar stocks if you carefully select a regulated broker. An easy-to-use website doesn’t hurt either. Earlier, we provided a fast guide on how to complete your solar stock purchase with eToro.

The broker is not only regulated by the SEC and simple to use, but it allows you to buy fractional solar shares from $10 and at 0% commission.

See a more detailed walkthrough below:

Step 1: Open a Broker Account

Once you’ve landed on eToro’s main page you can join the broker by filling in your contact details, which includes email and telephone number. Also, add your first and last name and a suitable username and password.

how to join etoro

eToro will prompt you to fill in another form with entails entering a residential address, your tax number, and date of birth. As we briefly explained earlier, you will need to upload some documents for ID and address validation.

This process is usually speedy at eToro and the broker accepts documents such as passports, motor vehicle licenses, and government-photo IDs. eToro can validate your address when you attach a recently issued and dated bank statement or utility bill – heaps of other documents are supported.

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

Step 2: Deposit Funds

Now you can add some funds to your eToro account. The minimum amount is $50 and the maximum amount per day is $10,000, although this is subject to change.

Deposit Funds

Pick a payment method from the list you see on the deposit form. This includes e-wallets from Skrill, PayPal, and more. You can also choose wire transfers or credit/debit cards.

Step 3: Search for Solar Stocks

Begin by typing the company into the search bar, or finding the best solar stocks to buy via the ‘Discover’ button. There you can browse by category and explore all stocks. Here we are electing to buy First Solar stock.

eToro Search First Solar

You will see a button labeled ‘Trade’ next to each market, so click the correct one to confirm your choice.

Step 4: Buy Solar Stocks

When the trading order box appears, enter your stake. Here we are allocating $50, but remember, you can invest as little as $10 on a fraction of a share.

eToro Buy Order FIrst Solar

Check the order form to ensure the asset is correct. Also, make sure the number in the ‘Amount’ box is what you are happy to allocate to your chosen solar stock. Next, click ‘Set Order’. This will let eToro know you want your order executed.

Alternatively, if the markets are open, you will click on the ‘Open Trade’ button.

How to Buy Solar Stocks – Conclusion

In an age where we are more concerned than ever about the damaging effects of non-renewable energy production, solar stocks can provide investors with attractive returns, and in some cases dividends too.

As such, when you are electing to buy solar stocks, make sure you are clued up on various aspects of the company behind it. You might look at the business model of the solar stock, what projects the company has in the pipeline in terms of continued growth.

You will also need a safe place to access the solar market. The SEC regulates eToro and the broker allows for fractional investments from just $10. There are over 2,500 stocks to buy both in the US and overseas – all of which come alongside 0% commission.

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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.