Energy

The largest renewable companies and stocks

Summary

The planet is gradually moving to the clean energy sector and abandoning the fossil fuels which emit CO2 in the environment. After the rise of the campaign to decarbonize the planet, different companies focused more on the renewable sector due […]

The planet is gradually moving to the clean energy sector and abandoning the fossil fuels which emit CO2 in the environment. After the rise of the campaign to decarbonize the planet, different companies focused more on the renewable sector due to its growth potential as countries focus more on renewables and aiming at the net-zero target by setting up policies.

Currently, renewable energy is one of the best industries to invest in, thanks to the high potential and the excellent growth prospects as the globe shifts to green energy. Some of the top renewable companies include

CropEnergies AG: It is the leading ethanol producer in Europe, a viable renewable source despite not being as clean as wind and solar energy. The company’s total revenue as of 2019 runs up to $1,089.52 million with at least 450 employees.

Sunpower Corporation: The French Company develops solar panels and currently has over 1,000 patents for solar innovation with total revenue of $1,864.2 million as of 2019 with 8,400 employees.

Centrais Electricas Brasileiras: It is a Brazilian-based company focusing on global clean power. It focuses on solar, wind, and hydroelectric power for renewables. The total revenue in 2019 sums up to $2,100 million with 829 workers.

Renewable Energy Group: This Company is US-based and ventures on clean fuels, including renewable diesel and biodiesel. Total revenue is $2,643.2 million with 829 employees.

Hanergy Holding Group: A private Chinese multinational company whose 2018 revenue is $2,741 million with about 15,000 employees as of 2018. Its key venture is the thin-film solar material.

Brookfield Renewable Partners L.P.: It is popularly known as the globe’s largest renewable power investor. The Canadian company focuses on hydropower, wind, and solar energy, with their 2019 revenue summing up to $2,980 million with 3,000 employees.

First Solar, Inc.: As the name suggests, it ventures on solar power and is working on running 100% on power energy by 2028. The 2019 financial report indicates total revenue of $3,063.1 million with 6,600 employees.

Canadian Solar Inc.: It is a Canadian company with subsidiaries in twenty countries. The solar company revenue in 2019 was $3,200 million with 14,000 employees.

JinkoSolar Holding Co.: This firm is a China-based company with the world’s top solar panel manufacturer delivering solar technologies in various countries. In 2019, the total revenue was $4,270 with 15,000 employees.

NextEra Energy, Inc.: This Company is the globe’s most considerable wind and solar renewable energy generator. It is currently working on various projects in the renewables sector. 2019 reports show revenue of $5,639 million with 5,000 employees.

The list above highlights some of the world’s biggest renewable companies giving minor facts about the firms. With the energy transition to the renewable sector, these firms will play a pivotal role in ensuring adequate power.