In this article, we will talk about 5 biggest green tech companies in the world. We will also cover some interesting insights on the latest trends in green technology in another article. If you are interested in reading about that along with a more extensive list, head straight to 15 Biggest Green Tech Companies in the World.
5. Xinyi Solar Holdings Limited
Annual Revenue: $17.69B
Xinyi Solar Holdings Limited was formed in 2008 as a spin-off from Xinyi Glass, is the world’s largest solar cover glass producer with a 30% market share. It is headquartered in Dongguanis and listed on the Hong Kong Stock Exchange since December 2013. In 2017, the company achieved impressive revenue growth of 58.6% and a profit increase of 17.4% over the previous year.
4. NextEra Energy, Inc (NYSE:NEE)
Annual Revenue: $20.98B
NextEra Energy, Inc is the world’s largest utility company with a market capitalization over $100 billion, based in America. They lead the industry by generating more wind and solar energy than any other company globally. As one of America’s biggest capital investors in infrastructure, NextEra Energy, Inc’s investments create thousands of high-paying American jobs. Recognized among Fortune magazine’s top 25 companies for innovation, they focus on shaping the future of energy. NextEra Energy, Inc’s commitment to battery energy storage technologies includes operating over 150 MW of storage systems in various states.
3. NRG Energy Inc (NYSE:NRG)
Annual Revenue: $31.54B
NRG Energy, Inc is a Houston, Texas-based American energy company. Originally the wholesale arm of Northern States Power Company (NSP), it became independent in 2000 after NSP became Xcel Energy. NRG is engaged in energy generation and retail electricity and offers a diverse portfolio including natural gas, coal, oil, nuclear, wind, utility-scale, and distributed solar generation. They serve approximately 6 million retail customers across 24 US states.
2. Tesla Inc (NASDAQ:TSLA)
Annual Revenue: $81.46B
Tesla, Inc is an American multinational automotive and clean energy company headquartered in Texas. It designs and manufactures electric vehicles, stationary battery energy storage systems, solar panels, and related products and services. As of 2023, it is the world’s most valuable automaker that leads the battery electric vehicle market with an 18% share in 2022. Founded in 2003 by Martin Eberhard and Marc Tarpenning, the company’s name pays homage to Nikola Tesla. Elon Musk became its largest shareholder in 2004 and later became CEO, with an aim to promote sustainable transport and energy through electric vehicles and solar power.
1. JinkoSolar Holding Co, Ltd (NYSE:JKS)
Annual Revenue: $83.53B
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a Shanghai-based solar panel manufacturer established in 2006 as a wafer manufacturer. It went public on the NYSE in 2010. As a member of the Silicon Module Super League, JinkoSolar Holding Co, Ltd distributes solar products to utility, commercial, and residential customers in multiple countries.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 10 Cheap Renewable Energy Stocks to Buy Now and 12 Best Renewable Energy Stocks to Buy Now.