Top 5 renewable energy stocks to watch in 2025

What are renewable energy stocks?

Renewable energy stocks are the shares of publicly listed companies involved in producing, developing and distributing energy from renewable sources. 

Billions of dirhams are spent on solar, wind, hydro, biomass and geothermal energy research, development and solutions annually. It’s a booming business, especially considering the growing global demand for cleaner energy solutions. 

Why trade renewable energy stocks? 

For some people, the idea of sustainable and ethical stock trading is important. For others, it’s the rise of the industry that indicates strong potential returns on renewable energy stocks. 

Trading renewable energy stocks can help diversify a trader’s portfolio, giving them a new sector in which to invest. Plus, whereas the traditional energy market is experiencing a period of volatility, clean energy shares might provide a stabilising effect on portfolios.

Advantages of renewable energy stocks

Aside from the ethical advantages of stock trading renewable energy shares, there are a few other pros: 

• Diversification: By trading renewable energy stocks, you’re adding an additional sector to your portfolio. And considering the volatility of traditional energy stocks at the moment, diversifying into clean energy might be a good play

• Dividends: Many renewable energy companies pay dividends. On our list, all five do – some quarterly, others annually

• Government support: The Dubai Clean Energy Strategy 2050 is high on the government’s list of priorities, and those who trade clean renewable energy stocks can reap benefits

• Growing demand: In Dubai, our population is increasing rapidly, and to maintain energy production, we must look to other, cleaner sources. The same can be said for the rest of the world, where energy needs are rising faster than authorities can accommodate using traditional energy

Risks of renewable energy stocks

As with any stock trading, there are inherent risks involved in clean energy shares, like volatility, which the market faces, as it’s still very much in a growth phase. Other potential cons include:

• Political uncertainty: In late August 2025, US President Donald Trump announced plans to block solar and wind power projects in the country. Political uncertainty, particularly at the moment, can greatly affect the companies involved in clean energy, which, in turn, can hurt their share prices

• Extreme weather conditions: As weather conditions grow more extreme, harnessing and producing clean energy, such as wind and solar, may become trickier to do

• Regulatory changes: Governments around the world are doubling down on their commitments to using cleaner energy, but with this will arrive changes in laws and regulations, which could have a negative effect on renewable energy companies and their stock prices as they try to keep up

Top 5 renewable energy stocks to watch in 2025

We chose these five companies based on the past three-month share price performance as of August 2025, indicating it might be a good time to buy their stocks. However, remember that past performance is not an indicator of future earnings, and all trading, whether directly or via CFDs, comes with inherent risks. 

We also picked these five because of their substantial market caps – we wanted to highlight more stable companies in the clean energy sector. 

While one is not strictly in the renewable energy sector, it is doing clean energy work by extracting methane gas from landfills. 

Overview of the stocks in this article 

All the stocks on our list for 2025 can be traded via CFDs with us except for Sungrow, while Nordex and Vestas Wind Systems can be bought and sold directly through our platform via stock trading.

1. Nordex SE (XETR: NDX1)

Focus: Provider of wind energy solutions

Market cap: €5.12 billion¹

Nordex began as a technology-focused wind turbine developer and has evolved into one of the world's major wind turbine manufacturers, specialising in onshore wind energy systems. 

The company has built its reputation on innovative turbine technology, particularly through its Delta generation of wind turbines that offer high efficiency and reliability across various wind conditions.

It operates globally, with manufacturing facilities in Germany, Spain, India, Argentina, Brazil, Mexico and the US, serving customers in over 40 countries worldwide.

It has a comprehensive portfolio of wind turbines, ranging from 1.5 MW to 6.33 MW in capacity, with a particular focus on the multi-megawatt segment. It’s installed over 50 GW of wind energy capacity globally and maintains one of the industry's largest service portfolios, providing maintenance services for thousands of turbines worldwide.

Highlights:

• Nordex’s stock price has increased by 25% over the past three months, as of 21 August 2025

• In its latest earnings release, it reported EBITDA totalling €108 million with an EBITDA margin of 5.8%²

2. Sungrow Power Supply Co Ltd (SZSE: 300274)

Focus: Research, development, production and sales of solar inverters and energy storage systems

Market cap: CNY 188.61 billion³

Headquartered in Hefei, China, Sungrow Power Supply is a global leader in renewable energy technology, pioneering sustainable power solutions for over 28 years.

As one of the world's largest PV inverter suppliers. Sungrow started as a small technology company focused on power conversion technologies. It’s now grown to become a dominant force in the global renewable energy sector.

It serves customers in more than 170 countries and regions, and its product portfolio includes string inverters, central inverters, floating PV systems, energy storage systems and new energy vehicle charging solutions.

The company invests heavily in research and development (R&D) to advance renewable energy technologies. 

Highlights:

• Sungrow has seen a substantial stock price increase of 47.94% over the past three months, as of 21 August 2025

• For the first quarter of FY25, Sungrow reported sales of CNY 19,036.45 million⁴

• In the same period, revenue was CNY 19,036.45 million⁵

3. EDP Renovaveis SA (ELI: EDPR)

Focus: Development, construction and operation of wind and solar power plants

Market cap: €10.98 billion⁶

EDP Renovaveis has grown to become the fourth-largest generator of wind energy globally.

The group's plants are mainly located in the US, Spain, Portugal, Poland and Brazil. The company's business model focuses on developing, constructing and operating renewable energy projects under long-term power purchase agreements, providing stable cash flows and predictable returns.

Its North American operations produce over half of its renewable power generation. 

A noteworthy development in July 2024 was the company securing a 24-year capacity tolling agreement with Salt River Project for a 200 MW (800 MWh) battery energy storage system (BESS) in Arizona. It’s expected to reach commercial operations this year and will represent EDPR’s largest BESS project installation in North America. 

Highlights:

• The stock price has grown 21.75% over the past three months, as of 21 August 2025

• Underlying EBITDA of €2.6 billion, up 7% year over year (YoY)⁷

4. LGI Limited (ASX: LGI)

Focus: Recovery of biogas from landfill, and conversion into renewable electricity and environmental products

Market cap: A$351.68 million⁸

LGI, formerly known as Latrobe Magnesium Limited, is an Australian mineral technology company that has evolved from its original focus on magnesium production to become a broader mineral processing and technology company. Not strictly renewable energy, but included in our list due to its participation in landfill biogas recovery. 

It operates primarily in Australia and focuses on developing and commercialising innovative mineral extraction technologies. 

Partnering with landfill owners, it creates systems that extract and combust the biogas that decomposing waste produces (mostly methane). 

LGI is positioned to benefit from the growing demand for critical minerals used in renewable energy technologies and battery storage systems. 

Highlights:

• Its stock price has increased by 31.83% over the past three months, as of 21 August 2025

• Signed six contracts in FY25, five being landfill gas right contracts and one battery contract⁹

• Total net revenue grew by 10% in FY25, while operations maintenance costs increased by 5%, thereby improving gross margins¹⁰

• The company has also been working on rare earth elements and other critical minerals projects

5. Vestas Wind Systems A/S (CSE: VWS)

Focus: Manufacture of wind turbines

Market cap: DKK 137.72 billion¹¹

Vestas Wind Systems is a Danish company leading the charge in wind turbine manufacturing. 

The company began as a household appliance manufacturer but transformed into a wind energy specialist in the 1970s, installing its first wind turbine in 1979. Since then, it’s become synonymous with wind energy designing, manufacturing, installing and servicing wind turbines across the globe.

Vestas operates in two main business segments: Power Solutions, which encompasses the sale of wind power plants and wind turbines, and Service, which provides service and maintenance solutions for wind power plants.

The company is focused on leveraging its strong order backlog to drive profitable growth, while continuing to invest in technological innovation. It plans to expand its global footprint to meet the growing demand for wind energy solutions worldwide.

Highlights:

• It has enjoyed a stock price growth of 35.61% over the past three months, as of 21 August 2025

• Its latest interim for Q2 FY25 report indicates an increase in revenue of 14% YoY – €3.7 billion¹²

• Guidance for FY25 is maintained as per the interim report¹³

• Gross profit was €417 million in the second quarter of FY25¹⁴

How to trade renewable energy stocks with IG UAE

CFDs

1. Open a CFD trading account with IG UAE
2. Search for renewable energy stocks on the IG platform
3. Decide whether to go long (buy) or short (sell)
4. Choose your position size
5. Set stop-loss and limit orders
6. Place your trade and monitor it

Stock trading

1. Open a stock trading account with IG UAE
2. Search for renewable energy stocks
3. Choose the stock you want to buy – try our stock screener
4. Determine how many stocks you want to purchase
5. Place your order
6. Monitor your investment and collect any dividends

FAQs about renewable energy stocks

Footnotes
 

1. TradingView, August 2025
2. Nordex quarterly earnings report, July 2025
3. TradingView, August 2025
4. Market Screener, April 2025
5. Market Screener, April 2025
6. TradingView, August 2025
7. EDP Renovaveis quarterly earnings report, July 2025
8. TradingView, August 2025
9. LGI FY25 report, August 2025
10. LGI FY25 report, August 2025
11. TradingView, August 2025
12. Vestas Wind Systems quarterly earnings report, August 2025
13. Vestas Wind Systems quarterly earnings report, August 2025
14. Vestas Wind Systems quarterly earnings report, August 2025
15. TradingView, August 2025