Energy Vault's shift to owning and operating storage assets turns lumpy project income into recurring revenue, while AI data centers open higher-value markets. Revenue rose over 340% to about $203M in 2025, with a first positive EBITDA quarter in Q4, and the backlog grew over 300% to about $1.3B. Its Crusoe partnership builds AI data-center power expected to earn 10-20x more EBITDA per MW than traditional storage. The key risk is converting backlog into cash flow without funding stress. x.com  … Show more

Energy Vault could be a 10x candidate if it keeps landing contracts: its contracted backlog is double its current market cap, which cuts against the view that it is an undifferentiated integrator in a race to the bottom. x.com  x.com 

Israeli renewable power developers Doral, Nofar Energy and Enlight Energy lack economic value to justify their prices, trading on promotional announcements like Solegreen's in 2020. No analyst has justified their valuations with numbers rather than claims about power demand; two top analysts said the prices can't be justified yet hold for exposure. As @dan_zafrir notes, presentations show consolidated EBITDA, not per-share earnings after tax partners, minorities, financing and depreciation. … Show more

T1 Energy is undervalued as an essential power provider for the AI boom, with an aggressive 18-month target of $18 against an average analyst target of $9.00-10.25. As hyperscalers hit a power bottleneck, its pivot to US solar manufacturing, battery storage via the KORE Power acquisition and possible data center repurposing make it a high-conviction growth play. The target assumes successful G2 Austin execution, positive EBITDA in 2027 and a lasting premium for US AI-adjacent energy names. x.com  … Show more

AI power generation is now all about deployment speed, with a shortfall of about 38 GW through 2028, of which only about 15 GW will be met by the grid, per Morgan Stanley. Bloom Energy looks pricey at about 82x earnings, but a bull case of about $25B of 2030 revenue implies $16.70+ EPS and $668 at 40x. Gas winners include Howmet, GE Vernova, Caterpillar and Baker Hughes. Cheap solar plus batteries deploys in 18-24 months, favoring Nextracker, Shoals, Fluence, Tesla and Albemarle. x.com 

Eos Energy's business is moving the opposite way from its stock, which is down roughly 85% from its highs and still priced like a different company. Q2 revenue rose 351% YoY, backlog is $807M, the commercial pipeline is $24.6B, and manufacturing capacity is heading toward 4 GWh. Technically the stock still has work to do before a real pivot, but the long-term target remains $20+. x.com 

Talen Energy's aggressive accelerated buyback, 10% of its market value in two quarters, is a smart move for shareholders. It is funded by selling two years of already-cleared PJM capacity payments upfront to Citi, effectively levering up to buy the dip while equity is cheap, at the cost of delaying investment-grade plans. An existing merchant power producer can use its power cash flow for buybacks or data-center projects, optionality that is valuable. x.com  x.com  x.com  x.com 

Vistra offers an extremely low-risk entry for cash seeking a safer home than tech stocks. Its free-cash-flow yield has risen to 11-12% from the 10-11% BofA cited in an August 6 report, attractive even with Treasuries at 5.25%, and the stock should be well above $150-160 within two months. The FERC news may warrant building a position more slowly, but the outlook remains bullish. x.com  x.com  x.com 

Stem's Athena software is the dispatch layer behind the behind-the-meter batteries hyperscalers now rely on, yet the stock values it at a scrap 0.6x EV/sales. Half of 2026 data center projects sit in grid interconnect queues through 2030, so hyperscalers pair batteries with gas turbines to get power online in months, and Athena decides when storage charges, discharges and arbitrages prices. A re-rate to 1.0-1.5x EV/sales implies $14-19 in 12 months; a Q3 attach-rate disclosure is the catalyst. … Show more

Sungrow's storage margins are cyclical, not structural: as a systems integrator it profits from the cell price spread between signing and procurement. Q4 2025 storage gross margin fell from about 41% to 24% as rebounding lithium carbonate hit existing orders with a 6-9 month cost lag, and net profit dropped to ¥1.58 billion from ¥4.15 billion in Q3. Integrated CATL and BYD are stronger, and Chinese price competition is spreading overseas. Goldman cut its target to ¥150 from ¥157.3 (Neutral). … Show more