In this article, we take a look at the ten most dominant renewable energy companies and what they’ve achieved so far.
Fossil fuels are no longer the only way to get energy— it’s been that way for a while now. But as time has passed, we’ve seen more companies start embracing more renewable sources of energy. Some build wind farms others use solar power. Some do it to provide energy to far-flung areas and others to help reduce greenhouse gas emissions.
But the bottomline? They’re changing the way we consume power forever. Let’s take a look at these dominant names.
Let’s dive in.
10. Algonquin Power & Utilities
Revenue: US$3.3 billion
Renewable energy capacity: 4GW
For over 30 years, Algonquin has been dedicated to delivering renewable energy solutions including water solutions and services, with a steadfast purpose of Sustaining Energy and Water for Life. Algonquin provides sustainable energy system with regulated electricity, water, and natural gas utility services to a customer base exceeding 1.2 million connections, primarily in North America.
Additionally, the company’s portfolio of green power and renewable energy sources, including wind, solar, hydro, thermal, and other renewable energy generation facilities, represents over 3.9 gigawatts (GW) of renewable generation capacity, showcasing their commitment to environmentally friendly power solutions. Algonquin’s emphasis on sustainability predates the current market focus on the green economy, with more than 30 years of experience in developing and operating renewable power-generating facilities to combat climate change.
9. Daqo New Energy
Revenue: US$4.1bn
Renewable energy capacity: Unknown
Daqo New Energy Corp. stands as a leading high-purity polysilicon manufacturer for the global solar PV industry. Specialising in high-purity polysilicon production, Daqo supplies this material to solar PV product manufacturers for ingots, wafers, cells, and modules. Using the chemical vapor deposition process with upgraded hydrochlorination technology, Daqo maintains an annual production capacity of 205,000 metric tons (MT) of polysilicon. energy
Daqo’s commitment to excellence is evident in its quality control standards throughout the energy services they provide. From systematic testing of raw materials to thorough quality checks at every stage of production, Daqo ensures that all technical specifications are met. This quality control extends to facility construction, enabling Daqo to consistently deliver top-tier polysilicon products tailored on a global scale to the energy services for customers, with a focus on mono-wafer applications that demand superior quality, accounting for over 99% of their polysilicon sales.
8. Brookfield Renewable
Revenue: US$4.8bn
Renewable energy capacity: 33GW
As one of the globe’s major investors in renewable power and climate transition assets, Brookfield boasts a substantial generating capacity of nearly 33,000 megawatts. Operating on five continents, the company manages a diverse portfolio of renewable technologies encompassing hydrowind, solar, distributed energy, wind energy, and other sustainable solutions.
Brookfield Renewable stands as a key provider of renewable-based Power Purchase Agreements (PPAs), serving over 900 customers of energy consumption worldwide. Moreover, in 2022, in collaboration with institutional partners, Brookfield Renewable committed $12 billion across various investments aimed at supporting their customers and partners in decarbonising their operations.
7. Canadian Solar
Revenue: US$7bn
Renewable energy capacity: 25GW
Established in 2001, Canadian Solar entered the NASDAQ market in 2006, marking its public debut. Through the span of the last twenty years, Canadian Solar has emerged as a prominent worldwide provider of electricity generation through solar energy and energy storage solutions.
Awarded as Tier 1 Solar Company by Bloomberg New Energy 2017-2022, Canadia. They actively contribute to the implementation of solar energy and numerous renewable energy projects. The company maintains a global workforce exceeding 10,000 individuals.
6. JinkoSolar
Revenue: US$10.6bn
Renewable energy capacity: Unknown
Jinko Solar Co., Ltd. (JinkoSolar) is one of the largest renewable energy companies, focusing on research, development, and manufacturing renewable energy sources like photovoltaic products. With over 190 country presence in the energy industry and 3,000+ customers, it leads in global module shipments, exceeding 200 GW by 2023.
JinkoSolar’s “vertical integration” approach covers silicon wafer to module production across 14 bases worldwide. By 2023, its monocrystalline silicon wafer, cell, and module capacities are set to reach 85GW, 90GW, and 110GW respectively. The company’s 2,000+ R&D professionals drive innovation, earning accolades and shaping industry standards.
5. Vestas Wind Systems
Revenue: US$15bn
Renewable energy capacity: 164GW
In the list of the world’s biggest renewable energy services provider, we find Vestas, a Danish company that makes wind turbines. Vestas is one of the firsts producing in green energy, making wind turbines that have stopped 1.9 billion tons of CO₂ from going into the air. Their work is helping to create a more sustainable energy system for the future.
4. NextEra Energy
Revenue: US$20bn
Renewable energy capacity: 25.525.5GW
One of United State’s largest renewable energy companies, NextEra Energy boasts 25.525.5 gigawatts in operation wich led to 99% reduction to dependency on foreign oil since 2001. The energy company that is one of the world’s largest wind and solar energy generators.
With a plan to use affordable renewable energy to make energy cheaper for customers, which would greatly reduce fuel price fluctuations and promote energy independence in the United States. NextEra has invested in emissions-free wind and solar generation, cutting-edge battery storage technology, low-carbon natural gas generation, secure and emissions-free nuclear power, top-tier energy efficiency programs, and transmission lines.
3. Constellation Energy
Revenue: US$22bn
Renewable energy capacity: 32GW
Constellation Energy is an American energy provider offering diverse energy options such as renewable electricity, nuclear power, natural gas, and energy management services. As the leading producer of carbon-free energy in the U.S., it generates a significant portion of the nation’s carbon-free electricity.
A Fortune 200 company, Constellation is relied upon by three-quarters of Fortune 100 companies for their energy requirements. Its array of nuclear, hydro, wind, and solar facilities powers over 20 million homes and businesses, contributing to the country’s shift towards cleaner energy.
2. Iberdrola
Revenue: US$53bn
Renewable energy capacity: 52GW
The Spanish multinational electric utility company Iberdrola focuses on clean energy solutions such as onshore and offshore wind power, pumped hydroelectricity, solar photovoltaic, and battery storage. Operating in the US, UK, Spain, Mexico, and Brazil, it stands as Europe’s largest utility.
Iberdrola has been dedicated to renewable energy for over twenty years, laying the foundation for its innovative, dependable, and intelligent business model. Demonstrating its leadership in the shift toward a low-carbon economy, Iberdrola’s 2025 Strategic Plan allocates €47 billion (US$51.4 billion) to advance the energy transition across its various initiatives.
The Spanish multinational electric utility company Iberdrola specialises in renewable energy, such as onshore and offshore wind, pumped hydro, solar photovoltaic, and battery storage. The company operates in the US, UK, Spain, Mexico, and Brazil, and holds the title of Europe’s largest utility. Iberdrola embarked on its renewable energy journey over two decades ago, laying the foundation for its environmentally friendly, reliable, and innovative business model.
Iberdrola’s leading position in the shift towards a low-carbon economy is evident in its 2025 Strategic Plan, which earmarks €47 billion (US$51.4 billion) to advance the energy transition across various fronts. This substantial investment reflects the company’s commitment to driving the adoption of renewable energy and sustainable practices, aligning with global efforts to combat climate change and reduce emissions.
1. General Electric
Revenue: US$75bn
Renewable energy capacity: 400GW
Here’s a name we all know well. GE holds the top spot as the largest renewable energy company, boasting a substantial lead. This multinational conglomerate offers an extensive array of products and services, including renewable energy solutions. Recognised as a pioneer in wind turbine development and energy-efficient software, GE integrates onshore and offshore wind, hydro, and cutting-edge technologies.
Their efforts have led to the installation of over 400 gigawatts (GW) of capacity. With a global presence of more than 49,000 wind turbines, GE remains steadfast in its commitment to harnessing the planet’s natural resources — from the power of wind and sun to the energy of water — to supply green electricity to the world’s largest economies and even the most remote communities.
GE stands as the foremost renewable energy corporation by a substantial margin. As a multinational conglomerate, it offers a diverse array of products and services, including solutions for renewable energy. Pioneering the development of wind turbines and energy-efficient software, GE merges onshore and offshore wind, hydro, and innovative technologies, culminating in the installation of over 400GW capacity.
With a presence of more than 49,000 wind turbines globally, GE remains steadfast in its dedication to harnessing the natural resources of the earth — from the wind’s strength to the sun’s heat and the power of water — to deliver sustainable energy to the world’s largest economies and even the most remote communities.
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