Jun 25, 2022
Renewable energy was long considered a sideline in the larger energy sector. Still, recent years have shown that it is quickly becoming an essential source of electricity in a variety of locations and countries all over the World. Although Spain and Denmark are home to the majority of the World's greatest renewable energy firms, additional major participants may be found in China, the United States of America, and Canada.
The top 10 largest renewable energy firms are listed below based on their trailing twelve-month (TTM) revenues. Some of the stocks listed below are traded in the United States via an alternative market known as over-the-counter trading or OTC. Over-the-counter (OTC) stocks often have more expensive trading charges than exchange-traded ones. This may result in decreased potential profits or possibly outweigh them entirely.
Orsted (DNNGY) is an international power firm with headquarters in Denmark that focuses on developing and supplying solutions for renewable energy. The wind power section of the corporation is responsible for the development, construction, and operation of offshore wind farms. The combined heat and power facilities it operates fall under the purview of the company's bioenergy and thermal power division. Orsted aspires to achieve carbon neutrality in its business activities and energy generation by the year 2025.
Iberdrola (IBDRY) is a worldwide electric utility corporation headquartered in Spain. The corporation is involved in the production of energy and its distribution and trading of the commodity. Iberdrola is active in the United States of America, the United Kingdom, Spain, Mexico, and Brazil. Additionally, the company has a presence internationally in countries such as Portugal, Greece, Japan, and Australia, to mention a few.
JinkoSolar (JKS) is a solar power firm that operates out of China. Solar energy items, such as solar cells, modules, silicon ingots, and wafers are among the goods the company produces. In addition to that, the firm offers integration services for solar systems. The United States of America, Europe, Asia, Africa, and Latin America are among the markets Jinko serves with its product offerings.
Vestas Wind Systems, sometimes known as VWDRY, is a wind energy firm located in Denmark. It is involved in designing, producing, and installing wind turbines. In addition, the firm runs a service section, which offers service contracts, replacement parts, and other operations associated with the industry. The wind turbines manufactured by the firm have been erected in dozens of nations all over the World.
Siemens Gamesa (GCTAY) is a wind engineering business with its headquarters in Spain. It is in the business of selling onshore and offshore wind turbines, turbine gearboxes, off-grid systems, and other equipment connected to the industry. In addition to that, it offers services in the areas of maintenance and refurbishment. The corporation has clients located in over 90 different nations throughout the World, and its goods and technologies have been implemented in those countries.
The limited partnership known as Brookfield Renewable (BEP) is headquartered in Canada and owns and runs several renewable electricity assets. The corporation owns a diversified portfolio of renewable power-producing plants all over the globe. Its primary business is hydroelectric power generating, but it owns and operates solar, wind, distributed generation, and storage facilities. Its primary concentration is on hydroelectric power generation.
First Solar (FSLR) is a corporation that focuses on solar energy. It specializes in conceiving and producing photovoltaic solar power systems and modules. The firm relies on thin-film semiconductor technology to make solar modules capable of transforming sunlight into power. Customers come from all around the world to First Solar.
CSIQ, which stands for Canadian Solar, is the ticker symbol for a solar energy corporation established in Canada. In addition to offering various energy solutions, it is engaged in designing and producing solar photovoltaic modules. In addition, the firm runs solar power projects and provides services for its operation and maintenance. Canadian Solar's client base represents more than 160 nations.
The Renewable Energy Group, sometimes known as REGI, is a firm that produces biodiesel. It engages in the production and trading of biofuel as well as renewable chemicals. In addition, it provides management services for developing facilities for generating diesel from biomass and for the continued operations of plants owned by third parties.
SunPower (SPWR) is a solar energy firm. It develops and produces solar panels and systems. The firm offers solar energy solutions, including turn-key engineering, procurement, and construction. It also distributes equipment to resellers, businesses, and residential end customers across the globe.