Oil prices are back near wartime peaks and energy security is in focus again. That puts electricity from the wind, sun and water on investors' radar as a way to tap into power demand without relying on fossil fuel shocks. If you want exposure to companies that manufacture, build or run these cleaner projects, this article highlights three renewable energy stocks from our screener that may be worth putting on your watchlist.
The three stocks featured below are just a starting sample, and the full renewable energy screen surfaced 215 more companies with equally detailed stories that are not covered in this article.
If you want to identify your own opportunities across solar, wind, hydro and tidal power, head straight to the Renewable (solar, wind, hydro or tidal) Energy screener to filter and analyze the highest conviction ideas.
Alerion Clean Power (BIT:ARN)
Alerion Clean Power runs utility-scale wind and solar plants across Italy, Spain, Bulgaria and Romania, directly aligned with the Renewable Energy screener theme. Operating activities generate about €243 million, far above €10 million from holding functions, and the stock carries a market value of roughly €870 million.
Alerion Clean Power provides exposure to operating wind, solar and pumped hydro assets that feed directly into European power grids, with recent half-year revenue of €83.4 million and net income of €6.11 million. The appeal of those contracted assets depends on how one unseen pressure shapes future returns.
To see how that pressure could reshape cash flows and contracts for Alerion Clean Power, review the 4 key rewards and 3 important warning signs (2 are major!) to understand what might be hiding in plain sight.
Corporación Acciona Energías Renovables (BME:ANE)
Corporación Acciona Energías Renovables develops and operates large wind and solar farms that anchor its role in the Renewable Energy screener, with most revenue coming from wind at about €1.28b and photovoltaic at €222 million, and a market value of roughly €7b.
Corporación Acciona Energías Renovables gives you exposure to utility scale wind and solar generation, yet the real story today is how it funds that buildout and manages its project portfolio over the next few years.
"While the company leans on repeated asset disposals at high €/MW valuations to fund growth and cut net debt, reliance on achieving around €2b of 2026 rotation proceeds after already completing €3.2b in 2024 and 2025 raises the risk that weaker pricing or reduced buyer appetite would leave a gap in planned deleveraging and non recurring gains, pressuring earnings quality and leverage targets."
What happens if a single assumption in that plan shifts can have significant implications for how much of each future euro of revenue turns into profit.
That hinge point is exactly where full narrative for Corporación Acciona Energías Renovables shows how asset rotations, leverage targets and capital recycling could either accelerate Corporación Acciona Energías Renovables or keep returns stalled.
ERG (BIT:ERG)
ERG focuses on running and expanding large wind farms across Europe, with most revenue coming from wind onshore at about €634 million and solar adding roughly €140 million, giving investors a pure-play feel on utility-scale renewables and a market value near €3.2b.
ERG leans hard into the screener theme through onshore wind, but the real interest today is how the next wave of contracted projects could reshape its earnings profile.
"Acceleration of organic growth through about 230 MW of capacity under construction and roughly 700 MW of wind repowering and battery storage projects targeted for FIDs by end 2026, backed by about €1.0b of associated CapEx, could add contracted volumes that support future EBITDA and earnings."
What happens if a single key assumption behind those future contracts, from pricing to reliability, moves even slightly against the current plan?
If that risk reward tension around future contracts matters to you, the full narrative for ERG explains how ERG's next buildout phase could either accelerate returns or cause them to stall.
Seeking Alternatives Before Everyone Else?
Fresh ideas move first. By the time the crowd spots a breakout, early momentum can be gone or prices already flying. Scan these under the radar lists while it matters and get in early.
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Spot cash generative outliers before headlines catch up by scanning the list of solid balance sheet and fundamentals (204 results) that filters for sturdier funding profiles and resilient fundamentals.
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Hunt for income workhorses that aim to keep paying investors even when sentiment drops by reviewing the carefully filtered 226 dividend fortresses .
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Track where capital and demand could be converging next by zeroing in on infrastructure hopefuls inside the curated 42 power grid technology and infrastructure stocks .
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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