Best ASX Clean Energy Stocks to Invest In
AI-curated Clean Energy stock ideas for the Australian (ASX) market, each with a buy signal, future-value target and a short thesis. Refreshed every weekday from end-of-day data.
22 picks · prices as of close 2026-07-28
Origin Energy Limited
Utility cash flow, Australia-scale renewables buildout, and policy tailwinds support resilient 6–12 month upside.
▸Analyst buy interest and renewables exposure, but current price data unavailable.
Meridian Energy Limited
Defensive renewable generation and supportive demand trends make it a quality clean-energy compounder.
▸Strong sector positioning, but no validated current buy signal in supplied data.
Infratil Limited
Infrastructure-backed clean-energy exposure, strong execution, and diversified growth support continued rerating.
▸Institutional-quality asset base, but no current price support provided.
Genex Power Limited
Higher-risk renewable developer with project catalysts that can drive sharp upside if execution improves.
▸Project catalyst potential, but liquidity and current pricing are unverified here.
Meridian Energy Limited
High-quality 100% renewable generator with defensive cash flows and strong long-duration clean power exposure.
▸Hold rating with analyst target above current price.
Mercury NZ Limited
Renewable utility with stable generation assets and clean energy leverage, suitable for steady forward returns.
▸Positive analyst price target implied by recent coverage.
Infratil Limited
Infrastructure platform with data centres and renewable exposure offers diversified growth and catalyst-rich re-rating potential.
▸Strong momentum and institutional support across infrastructure themes.
Blue Energy Limited
Gas-to-transition optionality and project progress can benefit from energy security and decarbonisation narratives.
▸Catalyst-driven, but liquidity and execution remain limited.
APA Group
Energy infrastructure cash flows and renewable-linked transmission assets offer defensiveness with clean energy exposure.
▸Defensive yield profile with infrastructure catalyst support.
Spark New Zealand Limited
Not a pure clean-energy stock, but network efficiency and infrastructure exposure support defensive returns.
▸Limited clean-energy purity despite stable cash generation.
a2 Milk Company Limited
Not a clean-energy operator; included only if screening broad ESG proxies, but investment case is outside category.
▸No direct clean-energy catalyst.
Cwp Renewables
Renewables exposure with project pipeline could re-rate if execution and financing improve.
▸Pipeline optionality, but liquidity and funding risk persist.
Nexxen International Ltd
Not a clean-energy name; only broadly thematic if viewed through digital efficiency, so investability is weak.
▸No relevant clean-energy buy signals.
Transurban Group
Infrastructure exposure with efficiency and electrification tailwinds, though not a direct clean-energy pure play.
▸Defensive infrastructure momentum and institutional support.
AGL Energy Limited
Large utility with energy transition investments and potential re-rating from execution on decarbonisation.
▸Turnaround execution and transition catalyst momentum.
Crystal Universe NV
Not a likely ASX clean-energy liquid name; investability and thematic relevance are limited.
▸Insufficient clean-energy relevance and liquidity.
Woodside Energy Group Ltd
Not clean energy, but transition capital allocation and large liquidity make it a benchmark energy name.
▸Strong liquidity, but weak clean-energy purity.
South32 Limited
Critical minerals exposure provides indirect clean-energy leverage through batteries and electrification metals.
▸Commodity and electrification tailwinds with strong liquidity.
IGO Limited
Battery metals and nickel exposure create direct electrification upside with cyclical re-rating potential.
▸Electrification theme and improving sentiment after downturn.
Pilbara Minerals Limited
Lithium leader offers clean-energy leverage with high beta to EV and battery supply-chain sentiment.
▸Positive momentum and battery-materials cycle recovery.
Liontown Resources Limited
Lithium development story with strategic backing and development catalysts supports asymmetric upside.
▸Strategic support and project-development catalysts.
Arcadium Lithium plc
Liquid lithium exposure tied to clean-energy supply chains and potential valuation recovery.
▸Lithium demand recovery and institutional interest.