3 Renewable Energy Stocks With At Least 18% Earnings Growth

Oil buyers are paying a lot more, with the EU’s monthly crude bill up €10b versus 2025, and that puts clean power back in the spotlight. When fuel costs stay elevated, every extra kilowatt from sun, wind or water can matter more to cash flows and investor sentiment. This article breaks down three US renewable energy stocks that fit this theme and explains what to watch in each.

The three stocks covered next are just a sample of the idea. The full screen flagged another 20 renewable energy companies with equally compelling stories that are not included below. If you want to identify potential leaders and pressure test your own views across the sector, go straight to the Renewable (solar, wind, hydro or tidal) Energy screener.

Clearway Energy (CWEN)

Clearway Energy is one of the more direct plays on large scale clean power in this screener, since most of its footprint is tied to wind, solar and storage projects that sell electricity under long contracts to big corporate buyers.

Clearway Energy owns and operates clean power assets across the U.S., with its Renewables & Storage segment generating about US$1.3b of revenue versus US$320 million from Flexible Generation, and the business valued at roughly US$6.7b by the market.

"Rising long-term power demand from data centers and large technology customers, including multi decade PPAs with hyperscalers and Google, supports a larger contracted asset base that can increase revenue visibility and support future earnings growth."

The real swing factor is how one evolving pressure on future project returns ultimately feeds through to margins and long term cash flow resilience.

That pressure point is exactly where Clearway’s story gets interesting, and the full narrative for Clearway Energy shows how those contract structures could keep cash flows and growth ambitions aligned.

Ormat Technologies (ORA)

Ormat Technologies is one of the few listed players where geothermal power plants are still the main story, with a global fleet generating electricity while product sales and energy storage round out the picture for this renewable-focused business.

Ormat Technologies earns about US$705 million from its Electricity segment, US$349 million from Product and US$134 million from Energy Storage, giving it several geothermal-linked income streams. The stock is valued at roughly US$5.7b by the market.

Ormat’s appeal for this screener is that it does not just sell geothermal equipment or services. It also owns and runs geothermal plants that feed renewable baseload power into multiple grids, with energy storage now starting to add another leg to the story.

"Extension of production and investment tax credits for geothermal and energy storage projects through at least 2033 reduces capital costs and supports Ormat Technologies in monetizing around US$90 million of tax credits in 2026, which can improve net margins and earnings as more projects reach commercial operation."

What really moves the needle is how one cost and funding pressure shapes the payoff from that growing mix of geothermal and storage projects.

That pressure is exactly why the full narrative for Ormat Technologies digs into how tax credits, funding costs and project timing could be quietly reshaping Ormat Technologies’ long term earnings profile.

ReNew Energy Global (RNW)

ReNew Energy Global leans heavily into the screener theme through its 20.2 GW portfolio of utility scale wind and solar projects in India, with manufacturing and services built around that clean power base. The stock is valued at about US$2.5b.

ReNew Energy Global gives you exposure to India’s build out of large solar and wind parks, backed by in house manufacturing and project services that support long term clean power contracts and potential earnings stability.

"ReNew Energy Global is still positioned to benefit from rising global and corporate decarbonization demands as it scales its renewable operating base. This can support growth in long term contracted revenue and help smooth earnings over time."

What happens to that story depends heavily on how one funding pressure shapes returns from future projects and the manufacturing ramp.

That funding question is exactly what the full narrative for ReNew Energy Global unpacks in detail, showing where ReNew Energy Global’s accelerating build out could outpace those capital constraints.

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