Our Top Battery Storage and Energy Picks

TSI’s Scott Clayton has identified five leading companies at the forefront of battery storage and energy infrastructure for our latest Globe and Mail column. Each offers dividends supported by strong sustainability metrics. We applied our 12-point Dividend Sustainability Rating System to highlight businesses positioned to benefit from surging demand for energy storage even as they deliver resilient and dependable payouts.

These companies operate across a rapidly evolving energy landscape ranging from renewable power developers and utility-scale storage operators to global energy technology providers. Whether it’s a Toronto-based renewable platform securing long-term contracts with hyperscalers, an Edmonton-based power producer expanding into grid-scale storage, or a U.S. energy innovator integrating batteries with clean generation, each reflects a strategic foothold in the next phase of energy demand.

Our process began with established players in battery storage and related infrastructure, then narrowed the field to those combining income potential with exposure to structural growth trends. As electricity demand rises (driven in part by AI data centres and renewable integration) these companies are positioning themselves as essential providers of stored, dispatchable power.

TSI’s Dividend Sustainability Rating System evaluates each company across key criteria: a consistent record of dividend payments and increases, management’s commitment to shareholder returns, stability across economic cycles, limited exposure to external risks, strong balance sheets, reliable earnings and cash flow coverage, and leadership within their industry. Companies scoring highest offer a compelling blend of income stability and participation in one of the fastest-growing segments of the energy market.

Excerpt from theglobeandmail.com, May 28, 2026

Ford Motor Co. shares are up strongly after announcing plans to focus on energy-storage systems for business and industrial applications – and not just those for electric vehicles (EVs). The pivot reflects weaker demand for EVs given the end of U.S. government subsidies and other supports.

The automaker plans to invest $2 billion in its Ford Energy unit with the aim of providing battery storage systems for utilities, data centres powering artificial intelligence (AI), and large industrial and commercial customers across the U.S.

Battery storage systems typically store excess electricity from renewable energy sources such as wind and solar and then make it available when needed. Once a niche market, demand for these systems is quickly expanding as battery-technology costs fall alongside surging demand from AI data centres. Those energy-hungry facilities are moving to generate and then store electricity to better manage their utility costs.

From a list of established battery storage providers, we identified leaders that pay dividends.
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5 battery storage dividend leaders

Brookfield Renewable Partners L.P. (with a 4.2% yield), based in Toronto, develops, owns and operates battery storage assets – and then locks in long-term Purchase Agreements with utilities and hyperscalers including Microsoft and Google.

Capital Power Corp. (4.0%) is headquartered in Edmonton. Last year, it started up its first battery storage projects in Ontario. These benefit from long-term contracts with the Ontario Independent Electricity System Operator.

NextEra Energy Inc. (2.8%), based in Florida, is a holding company for Florida Power & Light Co. as well as a developer and operator of wind, solar, nuclear, gas, and battery storage projects for both customers and its own facilities. It’s at the start of a growth spurt with plans to acquire Virginia-based Dominion Energy Inc. NextEra continues to advance its clean energy transition by pairing renewable power generation with the battery storage systems it designs, builds and operates.

Cambridge, Massachusetts-based GE Vernova Inc. (0.2%) is the energy technology and infrastructure company spun out of General Electric in 2024. Its battery storage solutions are used worldwide at utilities, data centres and more.

EnerSys (0.5%), based in Reading, Pennsylvania, is a leader in mission critical stored energy solutions, including making and selling turnkey, utility‑scale battery storage systems.

(Note—EnerSys’ meagre yield reflects the near tripling of its stock price in the last year. GE Vernova’s low yield reflects the stock’s more than doubling over the same period.)

Scott Clayton, MBA, is senior analyst for TSI Network and associate editor of TSI Dividend Advisor.

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Scott Clayton

Scott is an associate editor at TSI Network. He is the lead reporter and analyst for Dividend Advisor, Power Growth Investor and Canadian Wealth Advisor and a member of the Investment Planning Committee. Scott began his investment and financial career working with Pat McKeough at The Investment Reporter in the 1980s. Subsequently, he worked at the Financial Post Corporation Service for 10 years. He joined TSI Network in 1998. He is a Bachelor of Economics graduate of York University, and he also has an M.B.A. from the Schulich School of Business.

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