Oct 20, 2023
Podcast: Top Global Renewable Energy Stocks
Top Global Renewable Energy Stocks. Plus great Australian ESG stocks, and the best global ethical banks ‘leading the ESG revolution’
Transcript & Links, Episode 116, October 20, 2023
Hello, Ron Robins here. So, welcome to this podcast episode 116 titled “Top Global Renewable Energy Stocks.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.
Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode’s podcast page located at investingforthesoul.com/podcasts.
Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.
Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 2 article links below that time didn’t allow me to review them here.
------------------------------------------------------------- Top Global Renewable Energy Stocks
I’m beginning this podcast with an article on likely your favorite industry. The article is titled Top 20 Renewable Energy Companies in the World. It’s by Sobiya Fahad and found on finance.yahoo.com. Here’s some of what Mr. Fahad says about these stocks.
“To determine the top renewable energy companies we have included information regarding market capitalization, generating capacity, and number of employees for each company… We have ranked the companies based on their market capitalization. 20. Canadian Solar (NASDAQ:CSIQ)
Market Capitalization (Billion USD): $1.50
Generating Capacity (GW): 19 GW
No. of Employees: 13,487
Specializing in the design and manufacturing of solar photovoltaic modules… Canadian Solar serves customers in over 160 countries. 19. Jinko Solar Holding Co. Ltd. (NYSE:JKS)
Market Capitalization (Billion USD): $1.51
Generating Capacity (GW): 32.5 GW
No. of Employees: 31,030
Jinko Solar boasts customers throughout the US, Europe, Asia, Africa, and Latin America. The Chinese solar energy company manufactures and sells solar products such as silicon ingots, wafers, cells, and modules and provides solar system integration services. 18. Plug Power Inc (NASDAQ:PLUG)
Market Capitalization (Billion USD): $3.93
Generating Capacity (GW): 2.5 GW
No. of Employees: 3,353
Plug Power, a crucial player in the hydrogen fuel cell sector, is one of the best renewable energy companies in the world… the company has partnered with major corporations such as Amazon, Walmart, and Home Depot to deploy its fuel cell technology in over 40,000 vehicles worldwide. 17. Suzlon Energy (NSE:SUZLON)
Market Capitalization (Billion USD): $4.29
Generating Capacity (GW): 20 GW
No. of Employees: 5,800
One of India's top renewable energy companies, Suzlon Energy, develops, manufactures, sells, and installs wind turbines and solar panels… with operations in over 30 countries. 16. Siemens Gamesa Renewable Energy SA (NASDAQ:GCTAF)
Market Capitalization (Billion USD): $12.93
Generating Capacity (GW): 12 GW
No. of Employees: 27,604
Siemens Gamesa is a global leader in renewable energy and offers a diverse range of equipment and services for onshore and offshore wind turbines, turbine gearboxes, and off-grid systems. 15. Brookfield Renewable Partners (NYSE:BEP)
Market Capitalization (Billion USD): $13.47
Generating Capacity (GW): 31 GW
No. of Employees: 3,400
Based in Canada but operating global projects, Brookfield Renewable owns and operates… hydroelectric, wind, solar, distributed generation, and storage facilities. 14. Enphase Energy (NASDAQ:ENPH)
Market Capitalization (Billion USD): $15.57
Generating Capacity (GW): 7.8 GW
No. of Employees: 2,821
With expertise in designing and manufacturing solar micro-inverters, battery energy storage, and EV charging stations for residential customers, Enphase Energy, Inc. has made a name for itself in the American renewable energy sector. 13. First Solar (NASDAQ:FSLR)
Market Capitalization (Billion USD): $16.15
Generating Capacity (GW): 6.5 GW
No. of Employees: 5,500
First Solar is an American solar technology company and global provider of responsibly produced, eco-efficient solar modules advancing the fight against climate change. 12. Adani Green (NSE:ADANIGREEN)
Market Capitalization (Billion USD): $18.51
Generating Capacity (GW): 8.3 GW
No. of Employees: 500
Adani Green Energy Limited is an Indian renewable energy company, which develops, builds, owns, operates, and maintains utility-scale grid-connected solar and wind farm projects, with a current project portfolio of 20,434 MW. 11. Orsted A/S (CPH:ORSTED)
Market Capitalization (Billion USD): $20.51
Generating Capacity (GW): 15.1 GW
No. of Employees: 6,836
Orsted A/S, a global leader in offshore wind, has established wind farms in… the UK, the US, Germany, and Taiwan… The company aims to achieve carbon neutrality by 2025 and demonstrates its unwavering commitment to environmental stewardship. 10. Vestas (CPH:VWS)
Market Capitalization (Billion USD): $21.25
Generating Capacity (GW): 13.1 GW
No. of Employees: 29,427
The Danish wind energy company… is one of the top renewable energy companies globally. 9. Constellation Energy Corporation (NASDAQ: CEG)
Market Capitalization (Billion USD): $33.73
Generating Capacity (GW): 33 GW
No. of Employees: 13,370
Constellation Energy is an energy company based in Baltimore… The company strives to provide a diverse range of energy services, including electricity, nuclear, and natural gas, to businesses, residents, and public sector customers. 8. Exelon Corp (NASDAQ:EXC)
Market Capitalization (Billion USD): $36.87
Generating Capacity (GW): 31 GW
No. of Employees: 19,063
Exelon Corporation is a leading American energy company. The company has a portfolio of renewable energy assets that includes wind, solar, and nuclear power. 7. ELECTRICITE DE FRANCE (NYSE:EDF)
Market Capitalization (Billion USD): $56.09
Generating Capacity (GW): 3.6 GW
No. of Employees: 171,490
Known for its generation, transmission, distribution, supply, trading and provision of energy services, Electricite de France SA (EDF) is a comprehensive energy company. It produces electricity from various sources, including nuclear, hydroelectric, gas, fuel oil, coal, and renewable energy. 6. Enbridge (NYSE:ENB)
Market Capitalization (Billion USD): $67.26
Generating Capacity (GW): 5.18 GW
No. of Employees: 11,100
Enbridge Inc., headquartered in Calgary, Alberta, Canada, owns and operates a vast network of pipelines across North America, transporting crude oil, natural gas, and natural gas liquids. The company also generates renewable energy. 5. Iberdrola SA (BME:IBE)
Market Capitalization (Billion USD): $68.12
Generating Capacity (GW): 41.25 GW
No. of Employees: 38,702
Iberdrola is a Spanish multinational electric utility company… It specializes in clean energy, such as onshore and offshore wind, pumped hydro, solar photovoltaic, and battery storage. 4. Equinor (NYSE:EQNR)
Market Capitalization (Billion USD): $93.84
Generating Capacity (GW): 18.5 GW
No. of Employees: 22,000
A Norwegian multinational energy company, Equinor, has a growing presence in renewable energy. The company has set a goal of becoming net-zero by 2050. 3. NextEra Energy (NYSE:NEE)
Market Capitalization (Billion USD): $106.81
Generating Capacity (GW): 58 GW
No. of Employees: 15,300
NextEra’s diversified energy company generates and sells electricity wholesale to retail and munici…