In this article we are going to list the 5 largest wind energy companies in the world. Click to skip ahead and jump to the 10 largest wind energy companies in the world.
5. Nordex SE
Total capacity of the pipeline in 2019 (in MW): 19,965.73
Nordex is the second biggest Germany wind energy company and is headquartered in Hamburg. The company was founded 35 years ago back in 1985 and was initially actually founded in Denmark. In 1995, it became the first company in the world to develop a 1 MW turbine booster and earned close to 4 billion euros in 2019.
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4. Enercon
Total capacity of the pipeline in 2019 (in MW): 20,975.99
The largest wind energy company in Germany is not the largest in Europe, and Enercon has been the market leader in wind energy in Germany since the mid 1990s and seems to be in no mood of letting up at all. The company was founded back in 1984, and has production facilities in Germany, Brazil, Turkey, India, Portugal, Canada and Sweden. Even back in 2017, the company had installed more than 26,300 wind turbines, whose power generating capacity was greater than 43 GW. The company is famous for its distinct drop shaped wind turbines, which are quite unique. It is also one of the few companies in our list of largest wind energy companies in the world which does not offer offshore projects and has previously even expressed skepticism of the use of offshore wind parks.
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3. GE Renewable Energy (NYSE:GE)
Total capacity of the pipeline in 2019 (in MW): 80,541.14
GE Renewable Energy is a subsidiary of one of the biggest companies in the world in General Electric, but is headquartered in Paris, France. It is a sector of the company focusing on of course renewable energy which includes wind energy. While focused on solar, wind and hydroelectric power generation, we are focusing on the wind subdivision which includes both onshore and offshore facilities. It has revenue of more than $10 billion, even though it has been operating at a loss of a few hundred million dollars at least over the past year. The company may need to engage in cost cutting and greater efficiency if not raising prices to turn a loss making business into a profitable one.
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2. Vestas
Total capacity of the pipeline in 2019 (in MW): 101,531.04
Continuing the trend of European countries dominating our list is Vestas, which is a Danish company. Vestas is also one of the oldest companies in our list, having been established 75 years ago back in 1945. While it may have been founded in Denmark, it has extensive operations in several countries which include India, Taiwan, the Netherlands, Germany, Spain, Sweden, Norway, Australia, Brazil, Poland, the United States of America and even China. The company employs more than 25,000 people globally and had revenues exceeding 12 billion euros while the net income was approximately 700 million euros. Apart from extensive operations in these countries, Vestas has also installed more than 66,000 wind turbines that have a capacity exceeding 100 GW in more than 80 countries in at last 5 continents across the world.
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1. Siemens
Total capacity of the pipeline in 2019 (in MW): 103,620.61
Topping the list of the 5 largest wind energy companies in the world is of course, Siemens which has been a giant in this industry for a long time. Siemens is the biggest wind turbine manufacturer in the world, and is a Spanish German company which is headquartered in Spain. The company is also famous for its SG 14.0-222 wind turbine, which is said to be the largest wind turbine in the entire world.
The company was established back in 1976 and at the time, wasn’t really as focused on wind energy as it was on developing new technologies and applying them to current or emerging activities. The focus on wind energy came back in 2006, when the company pivoted towards renewable energy focusing on the wind energy sector, and as can be seen has achieved consistent success since. In addition to Spain and Germany, the company also has operations in the United Kingdom and France, and a total of around 20 countries. Currently, the company earned more than 10 billion in euros in 2019.
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