Renewables & Storage was Clearway Energy’s largest segment in fiscal 2025, bringing in $1.14B of $1.43B (80%).
| Segment | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Renewables & Storage | — | $894.00M | $1.03B | $1.14B | ||||||||||
| Renewables | $696.00M | — | — | — | ||||||||||
| Flexible Generation | $417.00M | $420.00M | $342.00M | $291.00M | ||||||||||
| Conventional Generation | — | — | — | — | ||||||||||
| Thermal | $77.00M | — | — | — | ||||||||||
| Total | $1.19B | $1.31B | $1.37B | $1.43B |
Clearway Energy brought in $1.43B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 4.2% from $1.37B in fiscal 2024. Renewables & Storage was the largest at $1.14B (79.6%), ahead of Flexible Generation at $291.00M (20.4%).
Compared with fiscal 2024, Renewables & Storage grew 10.6% to $1.14B, while Flexible Generation fell 14.9% to $291.00M.
Clearway Energy began breaking out Renewables & Storage in fiscal 2023, when it brought in $894.00M. Clearway Energy stopped reporting Renewables ($696.00M in fiscal 2022) and Thermal ($77.00M in fiscal 2022) as separate segments.
Clearway Energy (CWEN) reports its revenue by segment. In fiscal 2025, Renewables & Storage was its largest segment, bringing in $1.14B (79.6% of the total), followed by Flexible Generation at $291.00M (20.4%).
Renewables & Storage was Clearway Energy's largest segment in fiscal 2025, bringing in $1.14B, or 79.6% of the $1.43B total across its two segments.
Renewables & Storage grew faster than Flexible Generation in fiscal 2025, up 10.6% from $1.03B to $1.14B. Flexible Generation fell 14.9% to $291.00M.
Every figure comes from Clearway Energy's annual financial filings, as reported. Each line keeps the name Clearway Energy gives it, and years follow its fiscal calendar.
Clearway Energy's revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.