In today's climate of soaring energy demands, investing in renewable energy can't be overlooked. As global electricity consumption is projected to surge—spurred by technological advances and a pressing need to curb carbon emissions—renewable energy is entering a golden era. The stakes are clear: power providers must expand capacity and transition towards greener alternatives.

Among the promising players in this arena, Brookfield Renewable and Clearway Energy stand out as savvy investment choices. Both are well-positioned to thrive in the unfolding clean energy landscape.

Brookfield Renewable is a frontrunner, boasting diverse renewable projects across continents. With 34 gigawatts of operational capacity, it supplies energy to utilities and corporations through long-term agreements. These contracts ensure reliable cash flow, which supports a substantial dividend yield exceeding 4.5%. Driven by organic growth and strategic acquisitions, Brookfield aims to amplify this dividend by up to 9% annually, fostering strong returns for investors.

The firm's impressive pipeline—packing 230 gigawatts of future projects—underscores its growth trajectory. On the acquisition front, its move to consolidate European renewable giant Neoen, alongside investments in markets like India and Korea, further fortifies its global presence.

Meanwhile, Clearway Energy is crafting its growth story domestically, leveraging a 9-gigawatt portfolio of renewable and efficient gas facilities. Like Brookfield, Clearway offers an attractive dividend yield around 5.5%, buoyed by a shrewd capital recycling strategy. By selling off non-core assets and reinvesting in robust renewable projects, Clearway is strategically positioning itself for sustained cash flow appreciation.

Both firms are not only poised for dividend growth but also promise escalating total returns as the global shift towards sustainable energy gains momentum. With such compelling narratives, putting $1,000 into these renewable titans seems like a prudent step for investors seeking to capitalize on the energy transition and secure future profitability.