If you’ve noticed the recent abundance of wind farms across the U.S., you might not be surprised to learn that this renewable energy source produces up to 7% of the nation’s electricity.
But who designs, makes, installs, and runs those wind turbines? Here is a list of the top 10 wind power companies, ranked by their 2022 revenue:
- Siemens 2022 Annual Revenue: $78.03 Billion Munich, Germany Siemens AG is a 173-year-old technology company that played a major role in electricity’s early years. Now, with approximately 293,000 employees around the globe, Siemens is one of the largest technology companies in the world. Its offerings span the fields of cybersecurity, artificial intelligence, sustainable energy, infrastructure, transportation, medical technology, finance, and more. As far as wind power is concerned, Siemens is a pioneer, as in 1991, it created the world’s first offshore wind power plant. Now the company continues to play a large part in both on and offshore wind power, installing wind farms across the globe, including one in Iowa for MidAmerican Energy, which is the largest order for onshore wind power in the world so far. Siemens USA has 40,000 employees, serves customers in all 50 states and Puerto Rico, and, as of 2019, has 229 wind projects in the U.S.
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- General Electric 2022 Annual Revenue: $76.555 Billion Boston, Massachusetts, U.S.A. GE Renewable Energy is a wind turbine supplier for both onshore and offshore wind farms. It has installed over 49,000 wind turbines and enough renewable energy sources to produce 400 gigawatts (GW) of energy around the world. These include hydropower and hybrid energy projects in addition to wind turbines. As of 2019, the company has 389 wind projects in the U.S. that have an operating capacity of 39,144.10 MW. In addition to the wind turbines themselves, GE offers software that allows its customers to collect and analyze data from their wind assets and then optimize their turbines accordingly. GE also produces battery energy storage solutions that customers can use to store and deliver the electricity produced by their wind turbines.
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- Mitsubishi Heavy Industries, Ltd. 2022 Annual Revenue: $30.338 Billion Tokyo, Japan Mitsubishi Heavy Industries is a global organization that works in heavy equipment and machinery, engines, engineering, nuclear power, defense, and aviation, to name just a few of its business domains. MHI and its subsidiaries have been producing commercial wind power generation equipment since 1982. In the U.S., its company Diamond WTG Engineering Services, Inc., services wind farms across the U.S. with maintenance, repairs, upgrades, and engineering and capabilities support.
- RWE Renewables 2022 Annual Revenue: $41.678 Billion Chicago, Illinois RWE Renewables bought out E.ON Climate and Renewables North America in 2019, and now operates 27 wind farms across the U.S. RWE is involved in developing, constructing, and operating each of its projects. One of its most recent installations is the Boiling Springs wind farm in northwest Oklahoma. It’s the company’s first project in the Southwest Power Pool and has 60 GE turbines that can generate 148.4 MW of power. In addition to wind energy, RWE also works in solar energy and energy storage.
- NextEra Energy 2022 Annual Revenue: $21.0 billion Juno Beach, Florida, U.S.A. NextEra Energy Resources is an American company that develops, constructs, and operates power generation facilities, electric transmission lines, natural gas pipelines, and energy storage facilities. The company is a leader in this field and focuses on wind and solar energy as well as on natural gas. Its clients include governments, utility companies, schools, universities, and individual businesses. Overall, NextEra has about 5,000 employees. In addition to its onsite and universal-scale solar projects, NextEra has installed over 9,800 wind turbines across the U.S. and Canada.
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- Vestas 2022 Annual Revenue: $15.5 Billion Aarhus, Denmark Vestas designs, manufactures, installs, and services wind turbines in 83 countries. The company has over 25,000 employees around the world and has installed over 66,000 wind turbines. Vestas started as a blacksmith shop in 1898, was officially founded in 1945, and shifted from producing household appliances to agricultural equipment, to intercoolers, to hydraulic cranes, and finally to wind turbines, which became its exclusive product in 1989. Vestas is one of the largest wind turbine companies in the country. In the U.S. alone, Vestas has over 6,000 employees, over 23,000 MW installed, and four wind turbine manufacturing facilities, one of which is the largest of its kind in the world.
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- Avangrid 2022 Annual Revenue: $7.923 Billion Orange, Connecticut, U.S.A. A part of the Iberdrola Group, Avangrid Renewables provides onshore and offshore wind power and solar power to its clients across 20 U.S. states, which range from utility companies to commercial and industrial organizations. Avangrid also runs a 24/7 National Control Center that allows it to collect data and help its customers meet their renewable energy needs. Avangrid’s parent company, Iberdrola, is based in Spain and is one of the largest renewable energy companies in the world. It has over 35,000 employees in almost 40 different countries.
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- EDP Renewables North America LLC 2022 Annual Revenue: $2.6 billion Houston, Texas, U.S.A Owned by EDP Renewables, a Spanish company, EDP Renewables North America operates 53 wind farms and eight solar parks in the U.S., Mexico, and Canada. The company began in 1998 as Zilkha Renewable Energy and then in 2005, Goldman Sachs bought and renamed it Horizon Wind Energy. In 2007, EDP Renewables decided to expand to North America and bought Horizon Wind Energy, renaming it EDP Renewables North America. The company has about 675 employees and runs projects in 14 different U.S. states.
- Renewable Energy Systems Americas 2022 Annual Revenue: $1.6 Billion Broomfield, CO RES has had a presence in the U.S. since 1997 and in 2001 built a wind farm that was the world’s largest at that time. Now, RES has 110 solar, wind, transmission, and energy storage projects in the country and over 1,000 miles of transmission line. The majority of RES’s wind projects are in the Midwest, but it also has a few on both the east and west coasts.
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- Suzlon 2022 Annual Revenue: $403 Million Pune, India Through its subsidiary Suzlon Wind Energy Corporation (SWECO), Suzlon has been operating in North America since 2001. Its more than 80 wind projects span Canada and 18 U.S. states. Suzlon develops, manufactures, and installs its wind turbines in addition to offering post-sale services such as maintenance, safety services, and 24-hour monitoring. Suzlon does this through the Suzlon Monitoring Center (SMC) in Chicago where its employees can view data from the 2,420 wind turbines in North America, South America, and Europe on behalf of their customers. Suzlon also runs a wind turbine training center outside of Chicago, which features a fully operational wind turbine used exclusively for training — the first of its kind in North America.
- What is the largest wind energy company in the world? Siemens is the largest wind energy company in the world. This is based on revenue. In 2022, Siemens had a revenue of $78.03 billion, making it the largest wind energy company in the world. The second largest wind energy company in the world, in terms of revenue, is General Electric which had a 2022 revenue of $76.555 billion.
- Who are the largest wind energy manufacturers by energy capacity? The following are the five largest wind energy manufacturers by energy capacity:
- Vestas. 9.60 gigawatts produced in 2022.
- Siemens Gamesa. 8.79 gigawatts produced in 2022.
- Goldwind. 8.25 gigawatts produced in 2022.
- GE. 7.37 gigawatts produced in 2022.
- Envision. 5.78 gigawatts produced in 2022. Note that this article lists the largest energy companies in terms of revenue, which does not always reflect energy capacity due to economic conditions and diversity in a company’s assets.
What is the largest wind company in the United States?
General Electric is the largest wind company in the United States. With a revenue of $76.555 billion in 2022, GE is by far the largest wind company in the U.S. The largest wind farm in the U.S. is the Alta Wind Energy Center in California, with an operating capacity of 1,548 MW.
Who is the largest manufacturer of wind turbines in the world?
Denmark-based Vestas Wind Systems AS is the leading wind turbine manufacturer in the world (by capacity). The company reported revenues of $18430.89 million for the fiscal year ended December 2021 (FY2021), an increase of 9.1% over FY2020, due to increased pricing for wind energy.
Who is the leader in wind energy?
China is the world leader in wind power, with more than a quarter of total capacity at 342 gigawatts.
What company makes wind turbines in the United States?
Though based abroad, GE Wind remains the only American company among the leading wind turbine manufacturers in the United States.
Who are the turbine manufacturers in the world?
GE Power, Siemens Energy Inc, Mitsubishi Heavy Industries Ltd, Shanghai Electric Group Corp, and Dongfang Electric Corporation Ltd are the top 5 steam turbine manufacturers in the world by active capacity (as of March 31, 2022).