An important segment of the power industry, Renewable energy, is growing rapidly to become an important source of energy in many regions and nations across the globe. Companies within the sector of Renewables provide clean energy, including solar, wind, hydroelectric, geothermal, and biomass. Solar being the most popular source of energy. The largest newable energy companies are headquartered in Spain and Denmark. In the industry some of the other big players are based in China, the U.S., and Canada.
We have completed a list of 10 biggest renewable energy companies by 12-month trailing TTM) revenue. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through ADRs. All figures are as of Dec. 6, 2020.
1.Orsted A/S (DNNGY)
Revenue (TTM): $34.97 billion
Net Income (TTM): $15.46 billion
Market Cap: $71.2 billion
1-Year Trailing Total Return: 85.62%
Orsted (DNNGY) is a multinational power company focused on providing renewable energy solutions based out of Denmark . The company is into selling power and gas in wholesale and retail markets throughout Denmark, Sweden, German, and the U.K. The company is into wind power generation and bio energy and thermal power segments as well. Its bioenergy and thermal power segment operate combined heat and power plants.
2.Iberdrola SA (IBDRY)
Revenue (TTM): $34.23 billion
Net Income (TTM): $3.57 billion
Market Cap: $82.89 billion
1-Year Trailing Total Return: 47.12%
Iberdrola (IBDRY) is a Spain-based multinational which caters to electric utility. Iberdrola is into generation, distribution, and trading of electricity. The company specializes in clean energy, including wind, mini-hydro, solar thermal, photovoltaic, and biomass. Iberdrola operates in various countries. Some of them are U.S., U.K., Spain, Portugal, and Latin America.
3.JinkoSolar Holding Co. Ltd. (JKS)
Revenue (TTM): $33.95 billion
Net Income (TTM): $163.1 million
Market Cap: $1.33 billion
1-Year Trailing Total Return: 223.33%
Exchange: New York Stock Exchange
JinkoSolar (JKS) is a China-based solar power company which manufactures solar energy products, including silicon ingots and wafers, solar cells, and solar modules. The company is also a provider of solar system integration services. Jinko sells its products to customers in the U.S., Europe, Asia, Africa, and Latin America.
4.Vestas Wind Systems A/S (VWDRY)
Revenue (TTM): $15.2 billion
Net Income (TTM): $490 million
Market Cap: $38.86 billion
1-Year Trailing Total Return: 104.48%
Vestas Wind Systems (VWDRY) is a Wind energy company Denmark-based. It develops,
manufactures, and installs wind turbines. The company has successfully installed wind
turbines across the globe.
5.Siemens Gamesa Renewable Energy SA (GCTAY)
Revenue (TTM): $9.48 billion
Net Income (TTM): -$920 million
Market Cap: $23.24 billion
1-Year Trailing Total Return: 112.63%
Siemens Gamesa (GCTAY) is a Spain-based wind engineering company into onshore and offshore wind turbines, turbine gearboxes, off-grid, and other related equipment sales. It also provides maintenance and reconditioning services.