Top 5 Renewable Energy Companies in the World

In this article, we will take a look at Top 5 Renewable Energy Companies in the World. For an in-depth insight into companies that have a high renewable energy potential, read our article Top 20 Renewable Energy Companies in the World.

5. Iberdrola SA (BME:IBE)

Market Capitalization (Billion USD): $68.12

Generating Capacity (GW): 41.25 GW

No. of Employees: 38,702

Iberdrola is a Spanish multinational electric utility company that generates, distributes, and trades electricity. It specializes in clean energy, such as onshore and offshore wind, pumped hydro, solar photovoltaic, and battery storage. 

The company operates in the United States, United Kingdom, Spain, Mexico, and Brazil and has an international presence in Portugal, Greece, Japan, and Australia, among other countries.

4. Equinor (NYSE:EQNR)

Market Capitalization (Billion USD): $93.84

Generating Capacity (GW): 18.5 GW

No. of Employees: 22,000

A Norwegian multinational energy company, Equinor, has a growing presence in renewable energy. The company has set a goal of becoming net-zero by 2050, investing heavily in renewable energy sources such as offshore wind, solar, and hydrogen. 

It is also a leading player in offshore wind energy, running several offshore wind projects in development worldwide, including the Empire Wind and Beacon Wind projects in the United States.

3. NextEra Energy (NYSE:NEE)

Market Capitalization (Billion USD): $106.81

Generating Capacity (GW): 58 GW

No. of Employees: 15,300

NextEra’s diversified energy company generates and sells electricity wholesale to retail and municipal electricity providers, industrial corporations, and power cooperatives. It invests heavily in renewable energy sources and is one of the top renewable energy companies, mainly because of its wind and solar power generation and other energy sources in its portfolio, such as nuclear power and natural gas.

2. General Electric (NYSE:GE)

Market Capitalization (Billion USD): $117.28

Generating Capacity (GW): 60 GW

No. of Employees: 172,000

General Electric (GE) is one of the largest American multinational corporations and a Fortune 500 company. GE operates in multiple industries, including healthcare and aviation, but is best known for its power and renewable energy innovations. The company is a crucial player in green energy solutions, having made significant strides in developing wind turbines and energy-efficient software.

1. Tesla (NASDAQ:TSLA)

Market Capitalization (Billion USD): $782.48

Generating Capacity (GW): 6.9 GW

No. of Employees: 127,855

Tesla Energy Operations, Inc. is the renewable energy division of Tesla, Inc. that develops, manufactures, sells, and installs photovoltaic solar energy generation systems, battery energy storage products, and other related products and services to residential, commercial, and industrial customers.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at the Top 20 Most Profitable Energy Companies in the World and 15 Biggest Nuclear Energy Companies in the World