Clearway Energy

Clearway Energy

Develops and operates renewable energy projects

About

Clearway Energy Group develops and operates renewable energy projects, focusing on solar and wind energy across the United States. The company manages over 350 projects, including utility-scale and community solar initiatives. Its products work by generating electricity from renewable sources, which is then sold to large-scale energy consumers like utilities and corporations through long-term power purchase agreements (PPAs). This model provides a stable revenue stream and supports the transition to clean energy. Clearway differentiates itself from competitors by its extensive project portfolio and strong partnerships, ensuring high safety and performance standards. The company's goal is to provide clean, reliable energy while reducing carbon emissions and positively impacting communities and the environment.

Company Stage

Debt Financing

Employees

501-1,000

Industries

Energy

Total Funding

$1.6B

Headquarters

San Francisco, California

Founded

2018


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Simplify's Take

What believers are saying

  • Clearway's acquisition of Tuolumne Wind Project adds 137 MW to its portfolio.
  • The Inflation Reduction Act boosts demand for Clearway's renewable energy PPAs.
  • Clearway's $665M Texas project advances solar and storage integration.

What critics are saying

  • Increased competition may impact Clearway's market share and profitability.
  • Supply chain constraints could delay project timelines and financial projections.
  • Fluctuating energy prices may affect Clearway's project viability and contracts.

What makes Clearway Energy unique

  • Clearway Energy specializes in utility-scale solar and wind projects across the U.S.
  • The company secures long-term PPAs, ensuring stable revenue streams.
  • Clearway Energy integrates solar and storage, enhancing grid reliability and efficiency.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Life Insurance

Fertility Treatment Support

Adoption Assistance

Parental Leave

Tuition Reimbursement

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