Many companies worldwide are constantly contributing and innovating in the energy sector, where the trend is reducing pollution levels and using fossil fuels. Renewable energy companies are organizations and corporations specializing in renewable energy production and supply, such as solar, wind, and hydroelectric energy. The following are the ten most important renewable energy companies in the world.
General Electric Company
General Electric Company, a U.S. multinational corporation headquartered in Boston, Massachusetts (United States), is known for contributing the most to technology and innovation in renewable energy. Its technology is applied in different industrial sectors, including aerospace, power, and health.
Iberdrola SA
Iberdrola is a Spanish multinational corporation headquartered in Bilbao, Basque Country (Spain). It is characterized by producing, distributing, and commercializing electric services and renewable energy. This corporation currently has a presence in countries such as Australia and Japan, in addition to having branches or operating offices in Mexico, Brazil, the United Kingdom, and the United States, where it stands out for providing specialized renewable energy services from wind and solar sources.
SunPower Corporation
SunPower is a U.S. company based in California (United States), is characterized as one of the renewable energy companies providing not only clean energy services but also technology and development in the energy sector, specializing in solar energy through the production and distribution of solar panels, mounting equipment, and photovoltaic energy storage batteries.
Renewable Energy Group Inc.
Renewable Energy Group Inc. is an American company that belongs to the Chevron Corporation (known as Chevron Renewable Energy Group Inc.). This company specializes in biofuel “biodiesel” production as an alternative to fossil fuel.
Canadian Solar Inc.
Canadian Solar Inc. is a Canadian company headquartered in Guelph (Canada) with another headquarters in Arizona (USA). This company is known for its specialized energy solutions design, manufacture, and distribution, including elements that harness solar energy, such as photovoltaic modules.
First Solar Inc.
First Solar Inc. is an American renewable energy company based in Arizona (United States) that specializes in providing solar energy solutions. It designs, manufactures, and distributes solar photovoltaic power plants and solar panels for industrial and public use and delivers photovoltaic solutions for power plants. It has production plants in the United States, Malaysia, and Germany.
Brookfield Renewable Partners
Brookfield Renewable Partners is a Brazilian renewable energy company based in Ontario, Canada, specializing in providing energy services and solutions. It has more than 100 years of experience in the energy sector and previously offered services using hydroelectric energy sources. However, it is also currently betting on clean energy, specializing in renewable energy generation and distribution from solar photovoltaic installations and wind farms.
China Three Gorges Corporation
The world’s largest hydroelectric power plant was built by the China Three Gorges Corporation in 1993. This Chinese state-owned company is currently one of the largest energy companies in the world. This renewable energy company has hydroelectric power plants and bets on the use and contribution of technologies that use renewable resources to create clean energy, which is why it is one of the largest companies in the energy sector. It provides services from onshore and offshore wind energy sources.
Electrobras
Eletrobras (Centrais Eletricas Brasileiras S.A.) is a Brazilian company in charge of generating and distributing electricity in Brazil. It is the largest energy company in Latin America. This company is responsible for approximately 25% of Brazil’s electricity generation and consumption. Although it has an extensive network of hydroelectric power plants (approximately 35), it is a company committed to promoting awareness of the efficient use of electricity; an example is the support and installation of solar and wind power plants to promote using clean and renewable energy.
Enel S.p.A.
Enel S.p.A. is an Italian company that specializes in electricity generation and distribution. Although it has many years of experience in the field, it has exploited the region’s hydrogeological resources to provide the service for several decades. Enel S.p.A. is a company committed to the search for and innovation of new energy solutions, contributing significantly to the generation of clean and renewable energy through solar photovoltaic plants, hydroelectric plants, and wind farms. It is worth mentioning that they have recently presented a new line of business, whose main objective is accelerating electric mobility development and combining decarbonization, digitalization, and electrification.
Special Mention: Solar City
Although SolarCity is not in the top 10, it deserves special mention due to its growth and integration with other sectors, such as electric cars. SolarCity Corporation is a U.S. company (a Tesla, Inc. subsidiary) specializing in solar energy. The company provides energy services to homeowners, businesses, and organizations. SolarCity designs, finances, and installs solar energy systems (including solar panels, solar roofs, and Powerpack/Powerwall storage). The company also performs energy efficiency audits and retrofits and builds electric vehicle charging stations.
SolarCity was founded in 2006 and purchased by Tesla for $2.6 billion in 2016. It is important to note that SolarCity owns the Give Power Foundation, which aims to provide solar energy to those most in need. The company’s policy is that for every megawatt of solar energy it installs, it will provide electricity to society, donating a combination of solar energy systems and batteries to a school without access to electricity.
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