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.
Published on July 1
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.
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.
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.
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.
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.
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.
Market capitalisation breakdown for the basket.
FSLR: $24.33B
ENPH: $4.85B
SEDG: $2.30B
Get the full story on this Basket. Read our detailed article on its risks and potential.
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Home Depot's recent earnings beat highlights consistent consumer spending on smaller household repair and maintenance projects. This ongoing trend presents promising opportunities for various home improvement retailers and building material suppliers.
BHP Group recently posted a massive earnings beat driven by record copper profitability, allowing the miner to raise its dividend to a four-year high. This performance highlights a structural shift toward electrification metals, creating opportunities for industrial equipment suppliers and competing copper producers.
Here are a few of the assets in this group. Create an account to unlock the full list.
FIRST SOLAR INC
FSLR
Current Price
$220.88
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.
ENPHASE ENERGY INC
ENPH
Current Price
$38.80
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.
SOLAREDGE TECHNOLOGIES INC
SEDG
Current Price
$31.88
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.
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Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+165.74%
On average, analysts expect assets in this group to grow 165.74% over the next year.
6 of 12 assets in this group are rated Buy by professional analysts.
