17 Largest Green Energy Companies Dominating the Market in 2025

Discover the top 17 green energy companies leading the market in 2025, with a combined market cap of $844.12 billion and innovative technologies driving the renewable revolution.
17 Largest Green Energy Companies Dominating the Market in 2025

Solar panels and wind turbines at sunset symbolizing leading green energy companies in 2025.Renewable energy has evolved faster from a niche segment into a powerhouse in the digital world. Green energy companies now command an impressive $844.12 billion in total market capitalization across 135 corporations worldwide.

These top renewable energy companies are reshaping the global power generation landscape, moving beyond their status as alternative energy sources. The United States holds the second-largest renewable energy market globally, behind only China. American renewable energy generates 20% of all electricity—a percentage that steadily grows.

Investment figures showcase the industry’s remarkable growth. Clean energy investments in the US reached $141 billion in 2022, a 11% year-over-year increase. NextEra Energy stands out as a revolutionary force and has become the world’s largest generator of wind and solar energy.

The biggest renewable energy companies see an even brighter future ahead. The U.S. Energy Information Administration projects that wind and solar energy will lead U.S. power generation growth over the next two years. Traditional coal power generation will likely drop by 18% by 2025 from 2023 levels. Renewable energy should become the country’s dominant source of electricity generation by mid-2030.

NextEra Energy

Image

Image Source: PR Newswire

NextEra Energy is pioneering America’s renewable energy sector as the largest electric utility holding company by market capitalization. This Fortune 200 company has grown to an impressive valuation of $170 billion as of October 2024 [1].

NextEra Energy overview

NextEra Energy runs several major subsidiaries. Florida Power & Light (FPL) leads as America’s largest electric utility. NextEra Energy Resources (NEER) generates more renewable energy from wind and solar than any other company worldwide [1][1]. The company’s roots go back to 1925 in Juno Beach, Florida. It operated as FPL Group until 2010, when it became NextEra Energy [2]. The company now employs about 16,000 people as of December 2024 [2] and serves electricity to roughly 12 million Florida residents [1].

NextEra Energy’s key markets

NextEra Energy has built a strong presence throughout North America. The company operates in 49 states and 4 Canadian provinces [2]. In the last decade, it invested $154 billion in local economies and contributed nearly $8 billion yearly in property taxes [2]. The company’s operating portfolio includes 35,052 megawatts of generating capacity, 91,000 circuit miles of transmission and distribution lines, and 921 substations [2][3].

NextEra Energy revenue & market cap

The company earned revenues of $24.8 billion in 2024 [1] with $6.5 billion in net income available to common shareholders [3]. NextEra Energy’s market value grew 17.88% to reach $174.79 billion in 2025 [4]. These results show in its financial metrics, with a 24.73% profit margin and 8.24% return on equity [3].

NextEra Energy’s sustainability goals

NextEra Energy aims to eliminate carbon emissions from its operations by 2045 through its “Real Zero” plan [5][5]. The company set these milestone targets to change its generation mix:

  • 70% carbon emissions reduction by 2025

  • 82% by 2030

  • 87% by 2035

  • 94% by 2040

  • Net zero by 2045 [5]

The company plans to invest $12 billion in solar energy between 2024 and 2027 [5]. This investment is part of a larger $120 billion commitment to America’s energy infrastructure over the next four years [2].

GE Vernova

Image

Image Source: GE Vernova

GE Vernova became a powerhouse in green energy after splitting from General Electric in April 2024. This “130-year-old startup” quickly became one of the largest clean energy companies with a mission to electrify and decarbonize the world [6].

GE Vernova overview

The company employs 75,000 people in about 100 countries and operates through three main segments: Power, Wind, and Electrification [2]. Based in Cambridge, Massachusetts [7], GE Vernova draws on its 130+ years of experience to solve global energy challenges and transform power systems [6]. The company’s name tells its story—”Ver” comes from “verde,” representing Earth’s ecosystems, while “Nova” from Latin “novus” signals a new era of lower-carbon energy [6].

GE Vernova key markets

The company’s installed base generates 25% of the world’s electricity [6]. Its technology fleet consists of 55,000 wind turbines and 7,000 gas turbines worldwide [6]. GE Vernova serves markets in developed, developing, and emerging economies through its Power segment (gas turbines and nuclear solutions), Wind business (onshore, offshore, and blade manufacturing), and Electrification segment (grid modernization) [8]. The company has invested heavily in grid infrastructure projects, providing critical power stability solutions in many regions [9].

GE Vernova revenue & market cap

GE Vernova’s market value reached $156.04 billion by November 2025, growing by 105.43% in just one year [2]. The company’s value jumped 336.97% since going public in March 2024, for a remarkable 149.39% growth rate [2]. Revenue hit $34.90 billion in 2024 [7], and the company aims to reach $48 billion by 2028 [2]. A firm order backlog of $16 billion gives the company clear future visibility [2].

GE Vernova sustainability goals

The company aims to achieve carbon neutrality for Scope 1 and 2 greenhouse gas emissions by 2030 [1]. Its sustainability strategy rests on four pillars—Electrify, Decarbonize, Conserve, and Thrive—each targeting specific environmental and social goals [1]. GE Vernova spends $1 billion annually on research and development to accelerate innovation in decarbonization technologies [1]. Plans include spending $9 billion on global capital projects and R&D through 2028 to develop advanced grid systems and low-carbon power generation [8]. The company’s strategy aims to expand low-carbon energy sources while developing new technologies to reduce emissions [10].

Sungrow Power Supply

Image

Image Source: Sungrow US

Sungrow Power Supply has led the solar revolution for almost three decades and secured its place among the largest green energy companies worldwide. This Chinese powerhouse continues to reshape renewable energy markets through advanced technology and bold expansion plans.

Sungrow Power Supply overview

The company started in 1997 in Hefei, China [11], and has grown into a global leader in renewable energy technology [3]. Sungrow manufactures photovoltaic inverters, energy storage systems, wind converters, and electric vehicle drives [4]. The company’s installed power electronic converters have reached 740 GW worldwide as of December 2024 [12]. The core team dedicates 40% of its workforce to research and development [3], demonstrating its commitment to new ideas.

Sungrow Power Supply’s key markets

Sungrow’s products are available in more than 180 countries [3]. The company runs 520 service outlets globally [12] and hires 98.4% of its international staff locally [3]. Their 2024 revenue shows a balanced mix: solar inverters (37%), energy storage systems (32%), and new energy development (27%) [4]. Sungrow now holds 25.2% of global inverter shipments [12] and 11.9% of the energy storage market [12].

Sungrow Power Supply revenue & market cap

Sungrow’s revenues hit USD 10.80 billion in 2023, growing 7.8% from the previous year [13]. The company’s market value stands at USD 58.30 billion [13], while its brand value exceeded USD 14 billion in 2024 [5]. Since its listing on the Shenzhen Stock Exchange in 2011 [5], Sungrow’s stock has jumped 125% in 2024 [12], showing strong investor confidence.

Sungrow Power Supply’s sustainability goals

The company has set bold climate targets. They want operational carbon neutrality by 2028 [14], supply chain carbon neutrality by 2038, and net-zero emissions across their entire supply chain by 2048 [14]. Renewable sources power 70% of Sungrow’s electricity needs [3]. Their complete carbon inventory tracks emissions across all scopes [3], and all manufacturing sites have ISO 14001 certification [3].

ACWA Power

Image

Image Source: ACWA Power

ACWA Power, a 21-year-old company, has become a significant force on the global green energy sector. This developer, investor, and operator manages 110 assets across 15 countries, with an impressive portfolio of USD 107.5 billion as of February 2025 [6].

ACWA Power overview

The company started in 2004 [15] and now employs over 4,000 people with a notable 58.7% local employment rate [6]. ACWA Power’s unique “Develop-Invest-Operate-Optimize” business model covers the entire lifecycle of energy assets [6]. The company’s portfolio can generate 93 GW of power and produce 9.3 million m³ of desalinated water daily [16].

ACWA Power key markets

ACWA Power serves as Saudi Arabia’s national champion and plays a central role in the Kingdom’s energy transition [6]. The company dominates markets throughout the Middle East, Africa, and Central and Southeast Asia [16]. The company’s market leadership extends to Saudi Arabia, the GCC, Morocco, and Jordan, with an impressive win rate of 68% [6].

ACWA Power revenue & market cap

The company’s revenues reached USD 1.92 billion in 2025 [17]. The first half of 2025 saw a 62% increase in adjusted net profit [18]. ACWA Power’s market value stands at USD 46.10 billion as of 2025 [17].

ACWA Power sustainability goals

The company aims to reduce emissions intensity by 50% relative to 2020 levels [19] and achieve net-zero emissions from its portfolio by 2050 [19]. ACWA Power has pledged that 75% of its power additions will come from renewables by 2030 [20].

Bloom Energy

Image

Image Source: Bloom Energy

Bloom Energy stands out among the largest green energy companies thanks to its innovative solid oxide fuel cell technology. This Silicon Valley company is revolutionizing the energy industry by generating clean, reliable power.

Bloom Energy overview

Bloom Energy manufactures solid oxide fuel cells to revolutionize power generation without combustion [21]. The Energy Server®, their flagship product, converts various fuels, such as natural gas, biogas, and hydrogen, into electricity via an electrochemical process [21]. The company has deployed 1.5+ GW through more than 1,200 installations worldwide [7]. Listed on the NYSE (ticker: BE) [21], Bloom Energy’s workforce includes 2,127 people [21].

Bloom Energy key markets

The company serves commercial and industrial sectors and has grown into data centers, telecom companies, retail, manufacturing, education, and healthcare [2]. Bloom Energy’s portfolio includes 198+ microgrids [2]. They secured one of their most important contracts with American Electric Power for up to 1 GW of deployments [2]. The company now operates in nine countries and serves over 209 customers [2].

Bloom Energy revenue & market cap

Bloom Energy’s annual revenue reached USD 1.47 billion in 2025 [2]. Their Q3 2025 revenue reached USD 519 million, up 57.1% from the previous year [7]. The company’s market value stands at USD 31.98 billion [22]. Their Q3 2025 non-GAAP gross margin rose to 30.4%, up 5.1 percentage points year over year [7].

Bloom Energy’s sustainability goals

Bloom Energy shows its environmental commitment through:

  • 67% less water consumption across their fleet due to better operating features [2]

  • 1,199,739 tons of carbon emissions avoided through fuel cell projects [2]

  • 99.5% of product materials recycled or reused at end of life [2]

The company strives for net-zero emissions by developing technologies like green hydrogen production with their Bloom Electrolyzer [23].

LONGi Green Energy

Image

Image Source: LONGi Solar

LONGi Green Energy has grown faster to become a dominant force in the global solar industry since its founding in 2000. The Chinese powerhouse ranks among the top renewable energy companies with an impressive market value.

LONGi Green Energy overview

LONGi manufactures photovoltaic products with a focus on monocrystalline silicon wafers and high-conversion modules [8]. The company operates from its headquarters in Xi’an, China, with the mission “To make the best of solar energy to build a green world” [8]. The company’s game-changing RCZ silicon crystal-growing technology and diamond wire wafer-slicing technology saved the industry at least ¥30 billion in annual production costs [8]. The firm earned AAA ratings for its Module Bankability seven times in a row [8].

LONGi Green Energy key markets

LONGi is one of the largest clean energy companies, with operations in more than 150 countries [10]. The product lineup features monocrystalline silicon wafers, cells, modules, and hydrogen production equipment [1]. The company serves industries of all types, including construction, transportation, agriculture, forestry, and ecological restoration [9]. Manufacturing facilities stretch beyond China into Vietnam, Malaysia, India, and other strategic locations [24].

LONGi Green Energy revenue & market cap

The company posted revenues of USD 10.70 billion in 2025 (TTM) [25], showing a 6.65% decrease from the previous year [25]. The market value stands at USD 23.86 billion [25], cementing its position among leading renewable energy companies. The company reached its highest revenue of USD 18.91 billion in 2022 [25].

LONGi Green Energy’s sustainability goals

The company aims to power all its global operations with renewable electricity by 2028 [5]. Green electricity usage now reaches 47.5%, which reduced carbon emissions by 2.5467 million tons [13]. LONGi became the first Chinese company to join three climate organization “100” initiatives (RE100, EP100, EV100) and the Science-Based Target Initiative [5]. The company plans to boost energy productivity by 35% through energy management systems at operational locations by 2025 [13].

Adani Green Energy

Image Source: en.wikipedia.org

Adani Green Energy Limited has emerged as India’s renewable powerhouse and one of the largest green energy companies worldwide. This 8-year-old Adani Group subsidiary continues to alter the clean energy map with its ambitious plans.

Adani Green Energy overview

Adani Green Energy’s core business is renewable power generation through its subsidiaries [11]. The promoter group owns about 61% of the stake as of FY25 [11]. The company’s strategic expansion has driven exceptional growth, making it India’s first to exceed 10,000 MW of renewable capacity [26].

Adani Green Energy’s key markets

The company operates across 12 Indian states, with facilities in Gujarat, Rajasthan, Maharashtra, and Tamil Nadu [26]. Its operational renewable portfolio stands at 14,528.9 MW [12]. The world’s largest renewable energy plant at Khavda, Gujarat, serves as its flagship project, with a capacity of 30 GW [27]. The company’s power generation mix includes 10,105.5 MW of solar capacity, 1,877.8 MW of wind energy, and 2,259.6 MW of hybrid projects [12].

Adani Green Energy revenue & market cap

The company’s market value reaches ₹171,963 crore (about $2.10 billion) [11]. Financial results for FY25 show revenue of ₹6,088 crore and an EBITDA of ₹5,651 crore [11]. The company’s profit has grown at a 127% CAGR over the last several years [11].

Adani Green Energy’s sustainability goals

The company aims to achieve 50 GW of renewable capacity by 2030 [12]. Its operational portfolio has achieved water positivity and zero waste-to-landfill certification [12]. These initiatives helped avoid 20.3 million tons of CO₂ emissions in FY25 [12]. The company’s steadfast dedication to sustainability shows in its fleet, where 46% vehicles are electric, aligning with its EV65 commitment [28].

China Three Gorges Renewables

Image

Image Source: SolarPACES

China Three Gorges Renewables (Group) Co., Ltd., a 4-year-old subsidiary of China Three Gorges Corporation, ranks among the world’s largest green energy companies. The company’s roots trace back to the iconic Three Gorges Project development [29].

China Three Gorges overview

CTG serves as the key platform of China’s hydropower sector and has expanded beyond hydropower to wind, solar, and other renewable sources [4]. The company’s core team consists of 6,584 professionals [30]. CTG’s impressive installed capacity exceeds 26,000 MW from all types of renewable energy sources [29].

China Three Gorges’ key markets

The company’s global footprint spans five continents [4], with major expansions throughout Southeast Asia and Africa [29]. CTG’s renewable energy portfolio includes offshore wind projects with a total installed capacity of 7.05 million kilowatts. The company’s onshore wind power projects exceed 7.5 million kilowatts, while its photovoltaic power stations deliver over 7 gigawatts of capacity [30].

China Three Gorges revenue & market cap

CTG’s revenue reached 29.23 billion CNY in 2025 [31], and its market value stands at approximately 123.50 billion CNY [32]. The company maintains an 18.24% profit margin [32] and controls assets valued at 356.87 billion CNY [33].

China Three Gorges sustainability goals

CTG joined the United Nations Global Compact in 2024 [4], further strengthening its steadfast dedication to sustainable development. The company aims to reach a total installed capacity of 30,000 MW by 2030 [29].

Nextracker

Image

Image Source: Nextracker

Nextracker leads the way in solar tracking technology and ranks among the largest green energy companies. Their advanced solutions help optimize solar performance worldwide. The company’s smart systems allow solar power plants to track the sun’s movement across the sky and maximize energy output [14].

Nextracker overview

The company was founded in 2013 with its headquarters in Fremont, California [3]. Nextracker provides advanced solar-tracking technologies for utility-scale and distributed-generation solar applications [34]. The company has maintained its position as the global market leader for seven straight years, with a 30% market share [35]. Their reliable intellectual property portfolio now has 132 mechanical patents, 52 electronics & controls patents, and 171 software-driven yield improvement patents [35].

Nextracker key markets

Nextracker operates in more than 40 countries [36] and serves engineering, procurement, and construction firms, as well as solar project developers and owners [34]. They have delivered over 130 gigawatts of smart solar trackers globally [15]. The company runs 50 gigawatts of annual domestic manufacturing capacity through a network of 25 manufacturing partners [15].

Nextracker revenue & market cap

The company’s revenue reached USD 2.96 billion [3] with operating income of USD 639.00 million [3] for fiscal year 2025. Their market capitalization stands at USD 15.53 billion [16], representing a remarkable 237.77% year-over-year growth [16].

Nextracker sustainability goals

Nextracker shows steadfast dedication to environmental stewardship throughout its operations. They earned a Silver Medal from EcoVadis, placing them in the top 15% of assessed companies [37]. The company launched a low-carbon tracker system that cuts carbon emissions by up to 35% compared to standard trackers [38]. They regularly track their greenhouse gas emissions and have received limited assurance for their Scope 1 and 2 emissions data [37].

EDP Renováveis

Image

Image Source: EDP

EDP Renováveis (EDPR) ranks as the world’s fourth-largest wind energy generator among top renewable energy companies. This 2007-old subsidiary of Portugal’s largest utility company, Energias de Portugal (EDP Group), has seen remarkable growth from its Madrid headquarters [6].

EDP Renováveis overview

EDPR designs, develops, and operates renewable power plants from its Madrid headquarters, though it’s registered in Oviedo [6]. Wind farms are the company’s primary focus, and it has growing solar energy operations [6]. The EDP Group owns 71.32% of shares [39]. The company listed 22.5% of its shares on Euronext Lisbon in June 2008 through an initial public offering [6].

EDP Renováveis key markets

EDPR’s operations span three geographic platforms: Europe, North America, and Offshore [6]. The company has expanded to 28 markets across Europe, North America, South America, and Asia-Pacific [40]. The United States accounts for 60% of EDPR’s investments [41]. Major tech companies signed two-thirds of new power purchase agreements in 2024 [41].

EDP Renováveis revenue & market cap

The company’s revenue reached USD 3.77 billion in 2024, up 19.29% from 2023 [42]. EDPR’s market value stands at USD 14.25 billion [42], with an enterprise value of 22.75 billion euros [39].

EDP Renováveis sustainability goals

EDPR wants to achieve net-zero carbon emissions by 2040 [18]. The company’s innovative “Close the Loop” program follows circular economy principles to reduce waste [18]. This revolutionary program leads the industry as the most significant recycling partnership initiative, connecting with over 20 partners [18].

Waaree Energies

Image

Image Source: Pocketful.in

A 34-year-old solar energy pioneer, Waaree Energies, has grown faster to become one of the largest green energy companies. The company dominates India’s solar manufacturing scene with bold global expansion plans.

Waaree Energies overview

This 1990-founded company [17] is India’s largest manufacturer and exporter of solar PV modules [43]. Waaree’s installed capacity jumped from 2 GW in FY21 to 13.3 GW by FY24 [43]. The company runs five solar module manufacturing facilities across India [17]. Waaree holds 21% of the domestic solar module market and leads with a 44% share in India’s solar module exports [43]. A new 5.4GW cell manufacturing facility in Gujarat [17] strengthens the company’s vertical integration.

Waaree Energies key markets

Waaree’s reach extends beyond India to more than 20 countries [20]. The company operates 15.1 GW of solar module manufacturing capacity in India and 4.2 GW in the United States. US facilities include Texas (1.6 GW) and Arizona (1 GW) [20]. The US market generates over half of Waaree’s total revenue [19]. The company’s order book stands at approximately 470 billion rupees ($5.40 billion), with exports accounting for 60% [19].

Waaree Energies revenue & market cap

The company’s market value stands at ₹94,237 Cr [43] with annual revenue of INR 179.53 billion [44]. Waaree showed remarkable growth with profit increasing at 113% CAGR over five years [43]. The company’s performance metrics shine with ROCE of 34.9% and ROE of 27.4% [43].

Waaree Energies sustainability goals

Waaree leads in environmental responsibility as India’s first solar panel manufacturer with independently verified Environmental Product Declarations [45]. The company supports the United Nations Sustainable Development Goals [45] and participates in the UN Global Compact initiative [46]. Waaree also pledged to the Science-Based Targets initiative to achieve net-zero emissions [45].

Goldwind

Image Source: GOLDWIND

Goldwind started as a small company in Urumqi, China’s Xinjiang region. The company grew quickly to become the world’s leading wind turbine manufacturer. Its innovative approach to wind power technology has secured its position among the top renewable energy companies worldwide.

Goldwind overview

The company began operations in 1998 and was incorporated as a limited company in 2001. Goldwind specializes in Permanent Magnet Direct-Drive (PMDD) wind turbines [47]. The company’s public journey started on the Shenzhen Stock Exchange in 2007 (code: 002202) and expanded to the Hong Kong Stock Exchange in 2010 (code: 2208) [21]. Goldwind’s global workforce now stands at 11,000 people, with over 3,000 team members dedicated to research and development [21].

Goldwind key markets

The company’s business network reaches 47 countries across six continents through seven regional centers [21]. Goldwind has maintained its dominant position in China’s domestic market for 14 straight years. The company added 18.67 GW of installed capacity in 2024 [21]. Its global installations reached 19.3 GW of wind power capacity in 2024, making it the world leader for three consecutive years [21]. The company’s international presence is showing strong growth, with central installations in Australia (about 2 GW) and Brazil (over 1 GW) [48].

Goldwind revenue & market cap

Goldwind’s 2024 financial performance showed an operating revenue of RMB 56,516.21 million. The company’s net profit reached RMB 1,860.45 million attributable to company owners [49]. Revenue grew by 12.48% compared to the previous year [50]. The company’s market value currently stands at HKD 73.588 billion [51].

Goldwind sustainability goals

Goldwind demonstrates strong environmental commitment through its actions. The company joined the United Nations Global Compact in 2021 [52] and became part of the RE100 initiative in 2023 [52]. Their green energy target aims for 100% green power usage by 2031 [53]. The company’s turbines have seen significant improvements in carbon efficiency. Emissions dropped from 7 grams per kilowatt-hour in 2020 to about 4 grams in 2023 [53]. Each subsidiary now has its own carbon account to monitor emissions [53]. Goldwind’s environmental leadership earned it a unique position as the only Chinese wind turbine manufacturer to partner officially with COP28 in 2023 [52].

NTPC Green Energy

Image

Image Source: Africa Digest News

NTPC Green Energy Limited is growing rapidly as one of the largest green energy companies and showcases India’s ambitions in the renewable energy sector. This two-year-old subsidiary, wholly owned by NTPC Limited, started operations in April 2022 [7]. The company focuses on renewable energy projects through organic and inorganic routes.

NTPC Green Energy overview

India’s largest renewable energy public sector enterprise (excluding hydro) [54] emerged with the launch of NTPC Green Energy. The company develops, constructs, and operates renewable energy projects backed by long-term Power Purchase Agreements [54]. The workforce includes 234 employees and 45 contract laborers [7].

NTPC Green Energy key markets

The company’s impressive portfolio includes 14,696 MW solar and wind projects [7]. NTPC Green operates in six states with 3,071 MW from solar projects and 100 MW from wind projects as of June 2024 [7]. The company serves 15 off-takers through 37 solar and nine wind projects [7]. Construction continues on 31 renewable energy projects totaling 11,771 MW [7].

NTPC Green Energy revenue & market cap

NTPC Green’s market capitalization stands at INR 833.87 billion [22] with revenues of INR 24.20 billion for 2024-2025 [22]. The company earned profits of INR 6.07 billion, and earnings per share reached 0.73 [22]. The return on equity remains at 4.47% [22].

NTPC Green Energy sustainability goals

The company supports its parent, NTPC, in achieving its target of 60 GW of renewable capacity by 2032 [55]. NTPC Green’s MoU with ENEOS Corporation emphasizes green methanol and hydrogen derivative products [56]. The company also partnered with Sustainable Energy for All to create a detailed energy transition roadmap [57].

Northland Power

Image

Image Source: Northland Power

Northland Power has grown into one of the largest green energy companies over the last four decades. The Canadian company’s success stems from its varied portfolio and worldwide expansion plans.

Northland Power overview

Since its founding in 1987, Northland Power has specialized in developing, owning, and operating various energy infrastructure assets [2]. The company generates electricity from renewable sources, including offshore and onshore wind, solar, natural gas, and battery energy storage systems [23]. The company’s business model thrives on building mutually beneficial alliances with Indigenous partners, municipalities, and independent companies to develop power-generation facilities worldwide [8]. The company went public in 1997 on the Toronto Stock Exchange and trades under the symbols NPI, NPI.PR.A, and NPI.PR.B [23].

Northland Power key markets

Toronto serves as Northland’s headquarters, with offices spread across seven countries [23]. The company manages about 3.2 GW of gross operating capacity (2.8 GW net) [2]. Northland’s asset portfolio consists of 1.2 GW of offshore wind, 1.0 GW of onshore wind, 0.2 GW of solar, and 0.8 GW of natural gas [8]. The company has built a strong development pipeline that could add 10-12 GW of potential capacity [23][2].

Northland Power revenue & market cap

Northland’s revenues reached USD 1.70 billion in 2024, up 2.44% from 2023 [9]. The company’s market value stands at USD 5.00 billion as of March 2025 [8] and maintains a BBB (Stable) credit rating [8]. The company employs about 1,200 people worldwide [8].

Northland Power sustainability goals

Northland has shown its commitment to environmental initiatives by reducing its carbon intensity by 30% since 2019 [24]. The company plans to reach net-zero emissions by 2040 [58]. During 2024, Northland produced 11,046 GWh of electricity globally with 2.5 GW of gross renewable energy capacity [24].

Enlight Renewable Energy

Image

Image Source: PV Tech

Based in Israel, Enlight Renewable Energy has become one of the biggest green energy companies thanks to its quick worldwide growth and diverse technology strategy.

Enlight Renewable Energy overview

The company began in 2008 and has grown into a leading global renewable energy platform focused on solar, wind, and energy storage projects [59]. Enlight stands out by managing projects from start to finish—from initial development to the entire operation [60]. The company now runs 37 projects and clusters in 10 countries [60]. Their ability to handle all aspects of energy production helps cut down licensing times and boost returns [61].

Enlight Renewable Energy’s key markets

The company focuses on three central regions: North America, Europe, and MENA (Middle East and North Africa) [60]. The US market makes up 73% of its business as of 2022, with projects in Arizona, Indiana, Iowa, Montana, Michigan, New Mexico, and Utah [62]. The company has also built a strong presence in countries across Europe, including Croatia, Hungary, Kosovo, Ireland, Serbia, Spain, and Sweden [62].

Enlight Renewable Energy revenue & market cap

Enlight’s market value reached USD 4.54 billion by November 2025 [63], while its yearly revenue hit USD 449.57 million [64]. The company earned USD 256 million in revenues and USD 98 million in profit during 2023 [60]. The company reported USD 189 million in adjusted EBITDA for 2023, demonstrating its solid financial performance [60].

Enlight Renewable Energy’s sustainability goals

The company’s environmental efforts show remarkable results – in 2023, its avoided emissions were 4,149 times higher than its direct operational emissions [60]. Enlight helped avoid 1,410,672 tCO2eq emissions in 2023 alone [60]. The company shows its steadfast dedication to openness and responsibility through complete ESG reports [65].

Ormat Technologies

Image

Image Source: Ormat Technologies

Ormat Technologies stands as the world’s only pure-play, vertically integrated geothermal company. This 58-year-old Reno-based company ranks among the largest green energy companies, thanks to its renewable energy innovation since 1965 [25]. The company designs, develops, builds, manufactures, and operates geothermal power plants worldwide [10].

Ormat Technologies overview

The company’s proprietary Ormat Energy Converter converts low-, medium-, and high-temperature heat into electricity [1]. Their engineering and construction efforts have resulted in power plants with approximately 3,400MW of gross capacity [1]. The company’s expertise now extends beyond geothermal to include energy storage, solar photovoltaic, and recovered energy generation [1].

Ormat Technologies key markets

The company’s generating portfolio totals 1,618MW [1]. Their geothermal and solar generation portfolio reaches 1,268MW across the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe [1]. The U.S. houses its entire 350MW energy storage portfolio [1].

Ormat Technologies revenue & market cap

The company generated USD 944.25 million in revenue for 2025 [5]. Their market capitalization reached USD 6.90 billion by November 2025 [13]. The company’s market value increased significantly by 43.83% over the past year [13].

Ormat Technologies sustainability goals

Ormat’s commitment to sustainability shows in its 23% reduction in greenhouse gas emissions intensity since 2019 [25]. The company’s impact is substantial—they helped avoid approximately 2,488,811 metric tons of CO₂e emissions, which exceeds their own emissions by more than 11 times [1].

Trina Solar

Image

Image Source: Trina Solar

Trina Solar stands among the largest green energy companies today. With 25 years of industry experience as a tier 1 solar manufacturer, the company has earned its position through manufacturing excellence and steadfast dedication to quality standards. This Chinese photovoltaic powerhouse is driving solar technology forward while expanding globally.

Trina Solar overview

Trina Solar began its journey in 1997 in Changzhou, China. The company specializes in photovoltaic products, systems, and innovative energy solutions [66]. They went public on the Shanghai Stock Exchange’s STAR Market in June 2020 [66] and set up international headquarters in Shanghai by 2022 [67]. The company has grown beyond module manufacturing to include PV systems, intelligent energy, and energy storage [12]. Trina now employs over 30,000 professionals worldwide [66] and has received many industry recognitions. They earned AAA ratings in PVTech Bankability reports five times in a row [68].

Trina Solar’s key markets

The company serves more than 170 countries and regions [68] through manufacturing facilities in America, Thailand, Vietnam, Indonesia, and the UAE [67]. Regional offices in Zurich, Silicon Valley, Miami, Singapore, and Dubai support their global reach [67]. Trina has delivered more than 260 GW of PV modules globally [68] and created the world’s first fully recycled PV module [68].

Trina Solar revenue & market cap

Trina Solar’s market capitalization reached USD 6.79 billion by November 2025 [69]. The company faced challenges in 2024, reporting a net loss of 3,443.22 million CNY [12], down from a profit of 5,531.30 million CNY in 2023 [12]. These numbers reflect broader industry challenges, with the company’s trailing twelve months net profit margin at -4.29% [70].

Trina Solar’s sustainability goals

The company wants to power all operations with renewable energy by 2030 [71]. They have already achieved significant environmental milestones:

  • Cell and module greenhouse gas emissions intensity dropped by 36.44% and 65.55% respectively, compared to 2020 [68]

  • Water consumption intensity decreased by 86.85% for cells and 67.68% for modules since 2020 [68]

  • More than 2,200 tons of packaging materials found new life through recycling [68]

  • On-site PV generation grew 64% to 223,794 MWh in 2024 [68]

The company’s sustainability approach focuses on transparency. They have secured multiple third-party certifications, including an MSCI rating of BBB and a Sustainable Fitch rating of ‘2’ [68].

Comparison Table

Company Name

Market Cap (2025)

Annual Revenue (Latest)

Geographic Presence

Operating Capacity/Scale

Key Sustainability Goal

NextEra Energy

$174.79B

$24.8B

49 US states, 4 Canadian provinces

35,052 MW generating capacity

Net zero emissions by 2045

GE Vernova

$156.04B

$34.90B

~100 countries

55,000 wind turbines, 7,000 gas turbines

Carbon neutral (Scope 1 & 2) by 2030

Sungrow Power Supply

$58.30B

$10.80B

180+ countries

740 GW installed power converters

Carbon neutral by 2028

ACWA Power

$46.10B

$1.92B

15 countries

93 GW power generation capacity

Net zero emissions by 2050

Bloom Energy

$31.98B

$1.47B

9 countries

1.5+ GW across 1,200+ installations

Net zero emissions (timeline not mentioned)

LONGi Green Energy

$23.86B

$10.70B

150+ countries

Not mentioned

100% renewable operations by 2028

Adani Green Energy

$2.10B

₹6,088 Cr

12 Indian states

14,528.9 MW renewable portfolio

50 GW capacity by 2030

China Three Gorges

¥123.50B

¥29.23B

5 continents

26,000 MW renewable capacity

30,000 MW capacity by 2030

Nextracker

$15.53B

$2.96B

40+ countries

130 GW shipped trackers

35% carbon reduction in tracker systems

EDP Renováveis

$14.25B

$3.77B

28 markets

Not mentioned

Net zero emissions by 2040

Waaree Energies

₹94,237 Cr

₹179.53B

20+ countries

13.3 GW manufacturing capacity

Net zero emissions (timeline not mentioned)

Goldwind

HKD 73.588B

RMB 56,516.21M

47 countries

19.3 GW installed (2024)

100% green power by 2031

NTPC Green Energy

₹833.87B

₹24.20B

6 Indian states

14,696 MW projects

60 GW renewable capacity by 2032

Northland Power

$5.00B

$1.70B

7 countries

3.2 GW gross operating capacity

Net zero emissions by 2040

Enlight Renewable Energy

$4.54B

$449.57M

10 countries

37 projects/clusters

Not mentioned

Ormat Technologies

$6.90B

$944.25M

6 countries

1,618 MW generating portfolio

23% emissions reduction since 2019

Trina Solar

$6.79B

Not mentioned

170+ countries

260 GW modules shipped globally

100% renewable operations by 2030

Conclusion

The renewable energy sector has come a long way from its modest beginnings to become a powerhouse in the global market. A look at the 17 biggest green energy companies reveals their combined strength – a total market cap of $844.12 billion across 135 corporations worldwide. These companies use a range of technologies, from solar panels and wind turbines to breakthrough energy storage systems and hydrogen solutions.

Market leaders NextEra Energy, GE Vernova, and Sungrow Power Supply have each built market caps over $50 billion. Their operations now span multiple countries. These companies have set bold sustainability goals. Sungrow aims for carbon neutrality by 2028, while ACWA Power targets 2050.

The U.S. remains the world’s second-largest renewable energy market, right behind China. Renewable sources now generate about 20% of America’s electricity. This number will keep growing as more money flows into the sector. Clean energy investments in the U.S. reached $141 billion in 2022, up 11% from the previous year.

The future looks bright for these industry leaders. Wind and solar power will lead U.S. power generation growth over the next two years. Traditional coal power will likely drop 18% by 2025 compared to 2023 levels. Renewable energy should become America’s main electricity source by mid-2030.

These companies’ global reach shows how far the renewable energy revolution has spread. Players from China, India, Saudi Arabia, the U.S., and Europe bring their unique strengths to the market. Their combined push toward sustainability goals, technological breakthroughs, and market growth speeds up green energy adoption worldwide.

Despite ongoing challenges, these 17 companies prove the renewable energy sector’s strength, profit potential, and key role in fighting climate change. Their bold targets, significant investments, and technological breakthroughs will revolutionize energy for decades to come.

Key Takeaways

The renewable energy sector has transformed from a niche market into a global powerhouse, with these industry leaders demonstrating the massive scale and growth potential of clean energy investments.

Market dominance is established: The 17 largest green energy companies command $844.12 billion in total market cap, with NextEra Energy, GE Vernova, and Sungrow leading at $50+ billion each.

Geographic diversification drives growth: These companies operate across 180+ countries collectively, with a strong presence in the US (second-largest renewable market) and China (largest market globally).

Ambitious sustainability timelines are accelerating: Most companies target carbon neutrality between 2028-2050, with concrete interim milestones driving immediate action and investment decisions.

Technology integration creates competitive advantages: Leading firms combine multiple renewable technologies (solar, wind, storage, hydrogen) rather than focusing on single solutions, maximizing market opportunities.

Investment momentum continues surging: US clean energy investments reached $141 billion in 2022 (11% increase), while renewable energy will become the dominant electricity source by mid-2030.

The renewable energy revolution is no longer emerging—it’s arrived. These companies represent the new energy establishment, combining massive scale, global reach, and clear sustainability commitments that position them to dominate the next decade of energy transformation.

FAQs

Q1. Which renewable energy sources are experiencing the fastest growth in 2025? Solar energy has seen record-breaking growth, increasing by 306 TWh (31%) in the first half of 2025. This surge has expanded solar’s share in the global electricity mix from 6.9% to 8.8%.

Q2. Who are the current leaders in the green energy sector? China is the world’s top producer of renewable electricity, accounting for 32% of global output. The United States follows at 11%, with Brazil (7%), Canada (4.7%), and India (4.3%) rounding out the top five. In 2022, renewable energy investments reached nearly $500 billion worldwide.

Q3. What are some promising green energy stocks to consider? While specific stock recommendations can vary, some notable companies in the renewable energy sector include Tata Power Company Ltd., Adani Green Energy Ltd., NextEra Energy, and GE Vernova. It’s important to conduct thorough research and consider your investment goals before making any decisions.

Q4. How is the renewable energy industry impacting job creation? The renewable energy sector has become a significant source of employment, with the industry now employing almost 14 million people globally. This figure demonstrates the sector’s growing economic importance and potential for future job creation.

Q5. What role does China play in the global renewable energy landscape? China has established itself as a dominant force in renewable energy, producing 32% of global renewable electricity. The country has made significant investments in solar and wind technologies, positioning itself as a leader in both manufacturing and deployment of renewable energy systems.

Our carbon experts help production studios frame strategy, train teams and track results — tailored to operational constraints.

Get a personalized demo of our tool!

Book a demo

Share

💌 Received our newsletter

Our best content, once a month, delivered straight to your inbox!

More articles