Top 10 greenest utility companies in the world
Solar is anticipated to become the largest source of low-carbon capacity by 2040 – total renewable power generation is anticipated at 40% and 80% is how much renewables contribute to new capacity in the European Union. Here are the top 10 greenest utility firms as ranked in the EI New Energy Top 100.
10 | China Three Gorges Corporation
Ranked in the 10th position, the China Three Gorges Corporation has a capacity of 69 GW and a remarkable history. From 1918, when the idea of the dam was first postulated by Sun Yat-Sen, to 2014, where the project showcased its ability to deliver exceptional flood control, it has achieved impressive milestones and results. In addition to its green credentials, the dam mitigates flood threats and the devastation of plagues caused by massive flooding in the region.
9 | Enel
Enel has achieved a nod in the list thanks to its recognition by the Global Electricity Utilities in Transition Report by the Institute for Energy Economics and Financial Analysis, as well as ranking 9th in the EI New Energy Top 100. The company has been in play for more than 50 years and is focused on becoming the world’s largest producer of renewable energy.
8 | China Guodina
This megalithic energy producer started in 2002 and is today one of the five largest producers of power in China. The EI New Energy report places them in eighth spot with a capacity of 143 GW and rated the firm as the one with the ‘highest renewable capacity’.
7 | Invenergy
Invenergy is a United States-based organisation with a capacity of 5.8 GW and the largest independent, privately owned renewable energy provider in the country. The company has clean energy facilities located around the world and is committed to transforming the energy industry ‘from within’.
6 | Energias de Portugal (EDP)
Energias de Portugal (EDP) has a ranked capacity of 25.2GW according to the EI survey and a corporate vision that’s somewhat spectacular. The company has publicly committed to invest 12mn in universal access to sustainable energy, which will not only make a significant difference to the challenges facing the energy market, but to people living in developing countries.
5 | E.On
Possibly one of the most well-known renewable and green energy providers in the world, E.On is the German company with an impressive global footprint. E.On is committed to ensuring that power comes from sustainable sources such as wind and solar energy and to support customers as they move towards the integration of green power solutions.
4 | Iberdrola
In fourth position, Iberdrola takes a strong spot in the top five for its commitment to green energy and renewable energy sources. One of the largest electricity companies in the world, the group has been paying attention to the need to go green and clean and has reduced its own emissions in Europe by 75% since 2000.
3 | China General Nuclear (CGN)
Yet another China-based company leads the way in clean energy – China General Nuclear has a mission to develop clean energy and a footprint that spans several continents. The organisation started in 1978 as the Daya Bay Nuclear Power Plant in China and recently changed its name to as it moved towards a more sustainable and integrated future.
2 | NextEra
NextEra is ranked in the lead as utilities that are doing the best job of shifting from fossil fuels to renewables. It’s a noteworthy accolade as many incumbents have been reluctant to leave the traditional fossil fuel realm for one that’s lit by the sun and powered by the wind.
1 | Acconia
Taking the lead is Acconia, a Spanish company with a mission to become the first global energy operator that’s exclusively focused on renewable energy. The company’s history spans more than 80 years and it has a presence in more than 40 countries worldwide. Acconia follows a Sustainability Master Plan that provides the company with a roadmap towards a more sustainable, low-carbon economy and a greener future.