Top Industry Leaders in the Renewable Energy Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
September 2023
ABB Technology Ventures (ATV) has purchased a minority share in WindESCo as part of the strategic collaboration agreement between ABB Motion and WindESCo. The best analytics software for enhancing the performance and dependability of wind turbines is offered by US-based WindESCo. The investment will boost ABB's position as a key enabler of a low carbon society and its position in the renewable power generating market by leveraging WindESCo's technologies. It will enable the company to deliver end-to-end solutions to wind customers, continuously enhance the performance and dependability of wind turbines, and develop a new market channel for its digital offering.
With the help of this strategic venture capital investment, ABB will be able to improve its market position in support of the energy transition and keep reorienting its customer solution portfolio towards renewable energy and carbon reduction. With a strong digital offering from WindESCo, it will enhance ABB's wind product line and allow both businesses to take advantage of their respective strong positions in the expanding wind sector.
September 2023
Tata Motors and Tata Power Renewable Energy Limited (TPREL), a major player in the renewable energy space and a subsidiary of Tata Power, have entered into a Power Purchase Agreement (PPA) to develop a new 12MWp on-site solar project at Tata Motors' Pune commercial vehicle manufacturing facility, reinforcing the Tata Group's vision of preserving environmental sustainability with its distinctive manufacturing practises. The installation, a significant step towards green manufacturing, is anticipated to generate 17.5 million units of power year, or roughly 17.2% of the annualised requirement. This might prevent almost 12400 tonnes/kWh of carbon emissions annually.
Top listed global companies in the industry are:
- ABB Ltd.
- General Electric (GE)
- The Tata Power Company Limited (Tata Power)
- Innergex
- Enel Spa (Enel)
- Xcel Energy Inc. (Xcel Energy)
- EDF
- Geronimo Energy
- Invenergy, and many others.