Here Top 5 Renewable Energy Market 2021 By Brandessence Market Research

Published Date : Nov 2022
Author : Pratibha Bhattacharjee
Biography : Sr. content writer at Brand Essence Market Research. Passionate about content curation in the market research vertical. Always striving to create reliable and engaging industry-based content.

Renewable Energy is the energy obtained from renewable resources that are naturally replenished in human time. These include sources such as sunlight, wind, rain, tides, waves, and geothermal energy. Renewable energy is in contrast to fossil fuels, which are consumed much faster than they are replenished. Most renewable energy sources are sustainable, but some are not. For example, some biomass sources are considered unsustainable at current utilization. 

Renewable energy flows include natural phenomena such as solar, wind, tides, plant growth, and geothermal energy, as explained by the International Energy Agency. 

While renewable energy is often thought of as a new technology, the extraction of natural energy has long been used for heating, transportation, lighting, and more. The wind pushes boats out to sea and windmills to grind grain. The sun provides heat during the day and helps the fire last into the evening. But over the past 500 years or so, people have increasingly turned to cheaper, dirtier sources of energy like coal and gas.

Renewable energy often provides energy in four key areas: power generation, air, and water heating/cooling, transportation, and rural (off-the-grid) energy services. [Renewable energy accounts for about 20% of human energy consumption worldwide, including about 30% of electricity. Traditional biomass accounts for about 8% of energy consumption, but it is on a downward trend. Over 4% of energy consumption is accounted for by thermal energy from modern renewables such as B. Solar water heaters, and more than 6% of electricity. 

The renewable energy industry employs more than 10 million people worldwide, and solar power is the largest employer of renewable energy. Renewable energy systems are rapidly becoming more efficient and cost-effective, increasing their share of total energy consumption, and much of the world's newly installed electricity capacity comes from renewable energy sources. .. In most countries,  solar or onshore wind energy is the cheapest new electricity.

Top 5 Renewable Energy Companies in Global Market 2021

1. Duke Energy 


Duke Energy is a major American electric power and natural gas holding company that was established in 1904. Companies Headquartered at 550 South Tryon St Suite 180, Charlotte, North Carolina, 28202, United States. specialties in supplies and delivers electricity to customers in the Southeast and Midwest. The company also distributes natural gas to customers.

Duke Energy Company had nearly 27,500 Employees and had revenue of $ 23 Billion. 

2. EnBW


EnBW Energie Baden-Württemberg AG, or simply EnBW is a major German energy company that was established in 1997. Companies Headquartered at Durlacher Allee 93, 76131 Karlsruhe, Germany, Karlsruhe, Baden-Wuerttemberg, Germany. specialties in  provides natural gas and energy and environmental services

EnBW Company had nearly 23,078 Employees and had revenue of $ 23 Billion. 

3. RWE


RWE AG is a German multinational energy company that was established in 1898. Companies Headquartered at Altenessener Strasse 35, Essen, Nordrhein-Westfalen, 45141, Germany. RWE shows the way to the world of green energy. With a comprehensive investment and growth strategy, the company plans to expand its high-performance green power generation capacity to 50GW internationally by 2030.

RWE had nearly 19,792 Employees and had revenue of $ 13 Billion. 

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4. Siemens Gamesa Renewable Energy

Siemens Gamesa is a major Spanish Renewable Energy company that was established in 1976. Companies Headquartered atParque Tecnológico de Bizkaia, Edificio 222, Zamudio, Basque Country, 48170, Spain. specialties in manufacturing install and maintaining wind turbines in the onshore and offshore segments.

Siemens Gamesa Renewable Energy Company had nearly 24,500 Employees and had revenue of $ 12 Billion. 

5. Mortenson


Mortenson is a major US- Based Renewable Energy company that was established in 1954. Companies Headquartered 700 Meadow Ln N, Minneapolis, Minnesota, 55422, United States. specialties in the builder, developer, and provider of energy and engineering services.

Mortenson Company had nearly 7,500 Employees and had revenue of $ 5  Billion. 


Target Audience of the Global Renewable Energy in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors


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