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15 handpicked stocks

India's U.S. Solar Expansion

Indian solar manufacturers are winning big contracts in America, creating exciting investment opportunities. This collection features carefully selected companies across both countries, from panel makers to project developers, all set to benefit from this cross-border solar boom.

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Han Tan | Market Analyst

Updated today | Published at July 1

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

FSLR

First Solar, Inc.

FSLR

Current price

$199.95

As a leading U.S.-based solar manufacturer, First Solar benefits from the overall robust demand for solar modules and projects in its home market, a t...

As a leading U.S.-based solar manufacturer, First Solar benefits from the overall robust demand for solar modules and projects in its home market, a trend confirmed by the large Waaree contract.

ENPH

Enphase Energy, Inc.

ENPH

Current price

$34.84

A top provider of microinverters and battery systems, Enphase's products are essential for U.S. solar projects that will integrate modules from suppli...

A top provider of microinverters and battery systems, Enphase's products are essential for U.S. solar projects that will integrate modules from suppliers like Waaree.

SEDG

SolarEdge Technologies, Inc.

SEDG

Current price

$30.06

A key manufacturer of power optimizers and inverters, SolarEdge's technology is critical for U.S. solar installations of all sizes, which benefit from...

A key manufacturer of power optimizers and inverters, SolarEdge's technology is critical for U.S. solar installations of all sizes, which benefit from a diverse and growing module supply.

About This Group of Stocks

1

Our Expert Thinking

The recent 540 MW contract win by Waaree Energies signals a major shift in the solar landscape. This collection captures both Indian manufacturers expanding globally and the U.S. companies that will benefit from this reliable supply chain, creating a complete picture of this cross-border growth story.

2

What You Need to Know

These stocks span the entire solar value chain - from raw material producers and panel manufacturers to project developers and component suppliers. They provide exposure to both immediate infrastructure growth and long-term clean energy adoption across two of the world's largest renewable markets.

3

Why These Stocks

Each company was selected for its direct connection to the India-U.S. solar corridor. Some are positioned to export manufacturing capacity to America, while others will utilize these components in projects. Together, they represent the most promising opportunities in this emerging trend.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+81.10%

Group Performance Snapshot

81.1%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 81.1% over the next year.

8 of 12

Stocks Rated Buy by Analysts

8 of 12 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🌎

Global Green Bridge

This isn't just another solar play—it's a unique cross-border opportunity connecting two massive markets. As India's manufacturing might meets America's renewable appetite, these companies stand at the perfect intersection.

💰

Following the Money Flow

With a 540 MW deal already inked and more likely coming, billions of dollars will flow through this supply chain. These companies are positioned to capture significant revenue as U.S. solar development accelerates.

🔋

Beyond Short-Term Gains

While immediate project wins create excitement, this collection offers exposure to the long-term shift in global solar trade. As India becomes a manufacturing powerhouse, these relationships and market positions will only strengthen.

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