As the shift to cleaner energy gets increasingly more prominent, new investment opportunities have emerged. From solar energy to biofuels, numerous green energy companies are growing steadily and gaining attention. Here are three US-listed green energy stocks worth watching closely this year.

Enphase Energy Inc (NASDAQ: ENPH)

Enphase Energy is known for its microinverter technology which enables commercial solar systems to generate, store and manage their energy. In the first quarter of 2025 (1Q 2025) ending 31 March 2025, Enphase reported an increase in revenue of 35.2% year-on-year to US$356 million. The firm also saw a massive turnaround from a net loss of US$16.1 million in 1Q 2024 to a net profit of US$29.7 million in 1Q 2025. This reversal from losses to profits can be attributed to Enphase taking advantage of the Inflation Reduction Act tax credits on US-manufactured products by scaling production in their US factories. The swing to profits can be seen in the company’s strong US manufacturing performance, shipping 1.21 million microinverters and 44.1...