Best Solar Penny Stocks Right Now • Updated Daily • Benzinga


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The day is coming when alternative energy sources will simply be called power sources, and solar has always led the charge (pun intended) for alternative energy. all emerging companies providing services and technologies to steadily advance the industry.

The solar power market continues to grow as production costs come down and the practice of using solar power becomes more widespread. Analysts predict that solar power will account for 60% of the world’s renewable energy market by 2025. Finding promising companies in a growing market can lead to exponential gains, and many of these companies could hide in the penny stock territory.

Overview: Solar Penny Stocks

There is at least enough solar power in the United States to power more than 12 million homes, which represents 1.6% of the total electricity generated in the country. The solar industry now employs more people than oil – coal and natural gas combined – with more than 240,000 workers in the industry. Since the end of the 2010s, solar finally seems to be capitalizing on its potential, seriously explored for the first time in the 1950s.

Many experts regard 2008 as a turning point in the solar industry. Although the Solyndra company ultimately failed in 2011, it received a $535 million loan guarantee from the American Recovery and Reinvestment Act of 2009 from the US government. This investment of public funds was heavily criticized but ultimately represented a shift in the way everyone thought about solar. It was no longer a science fiction fringe experiment, but a viable investment that could rightly receive huge amounts of public funds.

The industry grew in the years that followed, with many private and public energy companies partially shifting their efforts to solar power. Competition has generated a period of accelerated innovation and lowered costs. The average person began to seriously consider solar power as a power source for residential and commercial properties, a trend that continues to grow to this day. Government initiatives such as the Solar Investment Tax Credit have encouraged more people to use solar power to save energy, while new standards such as the Paris Agreement have prompted government officials looking for new ways to produce energy.

Solar also benefits from being away from traditional energy sources. The more people have a bad opinion of oil, the more solar investors benefit. There is a marked political divide on energy in the United States, with many jurisdictions making a point of switching to alternative energy to avoid controversy. The 6 major oil companies seem to see things clearly: they have all started to invest in alternative energies, including solar.

Many of the top penny stocks in solar now specialize in furnaces, cooking, distillation, water heating, agricultural drying, power generation and solar pumping. The industry as a whole has experienced an average annual growth rate of nearly 50% since 2000.

Best Online Brokers for Solar Penny Stocks

The broker you choose will make a significant difference in the performance of your portfolio. If you’re dealing with penny stocks, you need a broker with super-fast execution. You also need brokers who specialize in this sub-section of the market – not all brokers will connect you with over-the-counter (OTC) stocks.

Compare the brokers below to find the best fit for you. Take advantage of virtual accounts to learn how to trade penny stocks before risking real money.

walk on the sun

Despite all the progress in the industry, solar energy is still very speculative. Don’t come here looking for a smooth ride – come for the big possibilities and to see a developing industry take flight. Although big companies like sunrun (NASDAQ: RUN) are trying to dominate the space, there is simply too much market for one company to cover.

Not all solar stocks are what they seem, but there are plenty of opportunities in the industry. Having a good overview of the solar stock market is a smart way to introduce yourself to these opportunities.


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