Renewables investing is riding on higher demand for grid resilience, with utility-scale battery companies reporting 19% increase in contracted capacity in early With that in mind, let's take a look at NRG Energy's main business drivers. Iberdrola's narrative projects €50.1 billion revenue and €7.0 billion earnings by 2028. This requires 3.7% yearly revenue growth and a €2.2 billion increase in earnings from €4.8 billion today. Institutional renewables investing is leaning into hybrid renewable projects—pairing wind and solar with storage—to smooth output variability and enhance revenue predictability.