According to the research report “Global Renewable Energy Market Outlook, 2030” published by Bonafide Research, the global renewable energy market is projected to reach market size of USD 1890 Billion by 2030 increasing from USD 1091.21 in 2024, growing with 9.80% CAGR by 2025-30.
Top Six Compaies in the Renewable Energy Market
Acciona, S.A.: Acciona, S.A. is a Spanish multinational conglomerate dedicated to the development and management of infrastructure (construction, water, industrial and services) and renewable energy. The Company employs 30,000 professionals, and it is to be found in 30 countries on five continents. The company is IBEX 35-listed and an industry benchmark.The company has operations across Europe, North America, Asia and Oceania, Central and South America, and the Middle East and Africa. Acciona is headquartered in Alcobendas, Madrid, Spain.
• Established: 1997
• Headquarters: Spain
• Employees: 30,000
• Revenue: 17,021 Million Euro
Enel S.p.A.: Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas.The Enel Group has a presence in 43 countries on multiple continents around the world, with more than 1,000 subsidiaries. On the power generation front, in 2023 Enel built out about 5.3 GW of new renewables capacity (including 934 MW of battery storage), reaching a total of approximately 63 GW of installed capacity and a volume of renewables generation of 140 TWh/year.
• Established: 1962
• Headquarters: Rome, Italy
• Employees: 61,000
• Revenue: 95,565 Million Euro
Tata Power Company Limited: With headquarters in Mumbai, India; the Tata Group's Tata Power Company Limited is an Indian electric utility and electricity generation company. Tata Power is India's biggest incorporated power company with an installed generation capacity of 14,110 MW out of which 5250 MW is from Non-Conventional (Green Energy) sources. In February 2017, Tata Power became the first Indian company to ship more than 1 GW of solar modules across the world. Tata Power has operations in India, Singapore, Indonesia, South Africa, Zambia, Georgia,Mauritius and Bhutan. Tata Power Group has its operations based in 20 locations in India.
• Established: 2012
• Headquarters: Maharashtra, India
• Employees: 23,652
• Revenue: 61,542 INR Crore
Xcel Energy Inc: Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to millions of electricity and natural gas customers through its regulated operating companies. The Company offers a variety of energy-related services including generation, transmission, and distribution of electricity and natural gas throughout the United States.
• Established: 1909
• Headquarters: Minnesota, United States
• Employees: 12,000
• Revenue: USD 14,206 Million
NextEra Energy, Inc: NextEra Energy, Inc. is a leading American energy company headquartered in Juno Beach, Florida, primarily focused on generating clean energy through its subsidiaries, most notably Florida Power & Light (FPL) and NextEra Energy Resources. The company serves residential, commercial, industrial, wholesale, and other customers in Florida; and owns, develops, constructs, manages and operates electricity generation facilities in the US and Canada wholesale energy markets. NEE and its subsidiaries, with employees totaling approximately 16,800 as of December 31, 2023, continue to develop and implement enterprise-wide initiatives focused on improving productivity, process effectiveness and quality.
• Established: 1925
• Headquarters: Florida, United States
• Employees: 16,800
• Revenue: USD 28,114 Million
Iberdrola, S.A.: Iberdrola, S.A.is a Spanish multinational electric utility company based in Bilbao, Spain. It has around 42,000 employees and serves around 30 million customers.Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.The Group’s primary investment destination will be the United States, with 35% of investments, followed by the United Kingdom (24%), the Iberian Peninsula (15%), Brazil and Mexico (15%), and the European Union, Australia and others (making up the remaining percentage).
• Established: 1992
• Headquarters: Bilbao, Spain
• Employees: 42,000
• Revenue: 49,335 Million Euro
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