In this article we are going to list the 5 Biggest Renewable Energy Companies and Stocks. For a detailed coverage of this topic and a more comprehensive list please go to 15 Biggest Renewable Energy Companies and Stocks.
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5. Ørsted A/S (CPH: ORSTED.CO)
Total revenue of the company in 2019 (in millions of dollars): 10,939
Total profits of the company in 2019 (in millions of dollars): 1,077
Total employees of the company in 2019: 6,526
Founded just 14 years ago, Orsted has achieved great success in the renewable energy industry. The company has been ranked as the topmost sustainable energy company in the world by Corporate Knights Global 100 Index for three consecutive years. The multinational company is also the largest energy company in Denmark, providing wind power, bioenergy, thermal power, and customer solutions and distributions.
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4. Siemens Gamesa Renewable Energy, S.A. (MCE: SGRE.MC)
Total revenue of the company in 2019 (in millions of dollars): 12,370.5
Total profits of the company in 2019 (in millions of dollars): 169.34
Total employees of the company in 2019: 24,500
The company was formed as a result of the merger between Siemens Wind Power and Gamesa. Siemens Gamesa is a Spanish-German wind engineering company. The Sustainability Yearbook compiled annually by S&P Global Inc. (NYSE: SPGI) has named this company several times over the years, recognizing efforts made to promote and achieve sustainability.
3. Vestas Wind Systems A/S (CPH: VWS.CO)
Total revenue of the company in 2019 (in millions of dollars): 14,696
Total profits of the company in 2019 (in millions of dollars): 772.8
Total assets of the company in 2019 (in millions of dollars): 17,334
Total employees of the company in 2019: 25,000
The Danish company has been a manufacturer, seller, installer, and servicer of wind turbines for the past 76 years. Having installed +122 GW of wind turbines across 82 countries, Vestas Wind Systems stands as the largest installer of wind turbines in the world. The company sells manufactured wind turbines covering various platforms, as well as spare parts which may be used for their repair. Vestas Wind Systems also provides a digital platform known as Vestas Online for wind turbine owners to manage their wind turbine-related self-services including invoices, blade asset management, and service order reports.
2. Tesla, Inc. (NASDAQ: TSLA)
Total revenue of the company in 2019 (in millions of dollars): 21,461
Total profits of the company in 2019 (in millions of dollars): -976
Total assets of the company in 2019 (in millions of dollars): 29,739
Total employees of the company in 2019: 48,016
Elon Musk’s electric-car company is also a big leader in the renewable energy industry. The company also sells energy storage, solar roof tiles, and solar panels. Its subsidiary, SolarCity Corporation (also known as Tesla Solar), manufactures these products and is known to be a low-cost provider of solar products.
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1. Iberdrola, S.A. (MCE: IBE.MC)
Total revenue of the company in 2019 (in millions of dollars): 40,783
Total profits of the company in 2019 (in millions of dollars): 3,812.5
Total assets of the company in 2019 (in millions of dollars): 137,347
Total employees of the company in 2019: 34,306
Topping our list of 15 biggest renewable energy companies and stocks is none other than the Spanish multinational energy giant, Iberdrola. Beginning as Hartford City Light Company in USA over 170 years ago, Iberdrola has grown to be the number-one producer of wind power in the world. The official website of Iberdrola also boasts its high installed renewable capacity. With the value being over 31,000 MW, Iberdrola is regarded as one of the cleanest in the energy sector. The company supplies energy to over 100 million people across several countries, its subsidiaries including Avangrid in the USA, and Scottish Power in the UK. Iberdrola has also made a commitment to “reduce its emission intensity to 50 gCO2/kWh globally by 2030, thus achieving an 86 % reduction in three decades, in addition to being carbon neutral globally by 2050.
You can also take a peek at 10 Best EV Stocks to Buy According to Cathie Wood and 10 Emerging Energy Technologies To Watch Out For in 2021.
