01 Industry overview
The green energy industry at a glance
Green energy is scaling rapidly: clean-energy investment is estimated at $2.2 trillion in 2025, while renewables supplied 34% of global electricity and capacity additions reached about 800 GW in 2025.
- $2.2T[4]
- Clean-energy investment, 2025
- 800 GW[4]
- Renewable additions, 2025
- 34%[4]
- Global electricity share, 2025
- 53.6%[21]
- Asia capacity share, 2024
- Market size
- Global energy investment is estimated at $3.3 trillion in 2025, including approximately $2.2 trillion for renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification. The clean-energy investment total was about twice the $1.1 trillion directed to oil, natural gas and coal.[4]
- Forecast & CAGR
- The IEA expects global renewable electricity capacity to increase by almost 85% between 2025 and 2031. Solar PV accounts for more than three-quarters of the forecast growth, while onshore wind capacity rises by more than 70% to 2,040 GW by 2031.[4]
- Market share & regions
- Asia held 53.6% of global renewable power capacity at the end of 2024 and accounted for 72.0% of additions during the year. Europe held 19.1% and North America 12.9%; China contributed 373.6 GW of Asia’s 421.5 GW increase.[21]
- Segmentation
- Solar and wind dominated 2024 capacity expansion, jointly accounting for 96.6% of global net renewable additions. Solar added 452 GW, wind 113 GW, hydropower 15.0 GW, bioenergy 4.6 GW and geothermal 0.4 GW.[21]
- Key players & concentration
- Solar PV supply chains remain highly concentrated in China from polysilicon through modules, although India is expected to become the only other country able to manufacture every major component at scale by 2031. In wind equipment, European suppliers held a 92% share of the European market in 2024.[4][21]
- Pricing
- In 2024, 91% of newly commissioned utility-scale renewable capacity produced electricity more cheaply than the lowest-cost new fossil-fuel alternative. Global weighted-average LCOE was $0.034/kWh for onshore wind, $0.043/kWh for solar PV and $0.057/kWh for hydropower.[21]
- Trends, drivers & challenges
- Renewable deployment is being driven by electrification, energy security, data-centre demand and falling technology costs. Grid constraints are intensifying: advanced-stage global renewable connection queues reached 3,000 GW, while technical curtailment could exceed 800 TWh by 2031 without more storage, transmission and demand flexibility.[4]
- Consumer behavior & competition
- High fuel prices and unreliable grids are increasing household and small-business adoption of solar PV and batteries; the IEA estimates rooftop solar since 2022 has improved electricity access and services for at least 70 million households. Behind-the-meter battery capacity is forecast to expand nearly sixfold to more than 670 GWh by 2031.[4]
- M&A
- Renewables accounted for more than 75 GW, or over half, of power-related capacity transacted in 2025, up from 61 GW in 2024. Buyers increasingly favored late-stage solar, storage and hybrid assets with secure interconnection positions, while offshore-wind transactions slowed because of policy and regulatory pressures.[68]
- Regulation
- The revised EU Renewable Energy Directive sets a binding target for renewables to reach at least 42.5% of EU gross final energy consumption by 2030, with an aspiration of 45%. The directive also requires faster permitting and introduces stronger sector targets for heating, cooling, transport, industry and buildings.[77]
- Latest news
- The IEA’s Renewables 2026 forecast expects renewables to generate almost 45% of global electricity in 2031, up from 33% in 2025. It also reports that China’s solar additions fell almost 55% year on year during January–September 2026 after the shift from fixed tariffs to competitive auctions, while global renewable capacity growth remains supported by stronger forecasts for the United States, India and Southeast Asia.[4]
02 Ranking
Top 10 Companies in the Green Energy Industry
The leading companies in the green energy industry, ranked on market impact, performance, momentum, innovation and brand popularity.
Updated November 10, 2026 · Next review December 10, 2026
GE Vernova leads Gitnux's 2026 green energy ranking with an Overall score of 9.4, with technologies supporting 25% of the world's electricity generation. NextEra Energy is the highest-ranked renewable power operator at 9.1, driven by operating one of North America’s largest renewable energy portfolios.
Ranked by Overall score · How we score ↓
Editor's top 3 picks
Where to start, by need.
#1 Overall · Leader in wind turbines & grids
GE Vernova
US
Ranked #1 · 9.4 · Wind turbines & grids
Why we picked it: It spans wind and grid technologies, anchored by a claim that its systems support 25% of electricity generation.
Leader in renewable power utilities
NextEra Energy
US
Ranked #2 · 9.1 · Renewable power utilities
Why we picked it: Its focus on renewable power generation and utilities centers on a large North America renewables portfolio.
Leader in thin-film solar modules
First Solar
US
Ranked #4 · 9.0 · Thin-film solar modules
Why we picked it: Its thin-film solar module manufacturing and U.S. headquarters distinguish its supply-chain position.
Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.
Full ranking
| # | Company | Overall ↓ | Impact | Performance | Momentum | Innovation | Company snapshot |
|---|---|---|---|---|---|---|---|
| 1 | GE Vernova Wind turbines & grids · US | 9.4 | 9.6 | 8.1 | 9.6 | 9.9 | |
Company snapshot · GE Vernova · Data as of November 10, 2026 GE Vernova says its technologies support 25% of the world's electricity generation.[78]
| |||||||
| 2 | NextEra Energy Renewable power utilities · US | 9.1 | 9.0 | 9.2 | 9.3 | 9.9 | |
Company snapshot · NextEra Energy · Data as of November 10, 2026 NextEra Energy operates one of the largest renewable energy portfolios in North America.[79]
| |||||||
| 3 | Siemens Energy Wind turbines & grids · DE | 9.0 | 9.7 | 8.4 | 9.4 | 7.0 | |
Company snapshot · Siemens Energy · Data as of November 10, 2026 Siemens Gamesa makes Siemens Energy a global leader in renewable energy technology.[80]
| |||||||
| 4 | First Solar Thin-film solar modules · US | 9.0 | 8.1 | 9.9 | 9.9 | 7.4 | |
Company snapshot · First Solar · Data as of November 10, 2026 First Solar is the only U.S.-headquartered company among the largest solar manufacturers.[81]
| |||||||
| 5 | Iberdrola Renewable networks & supply · ES | 9.0 | 9.6 | 8.4 | 8.3 | 9.9 | |
Company snapshot · Iberdrola · Data as of November 10, 2026 Iberdrola added 2.7 GW of renewable capacity in 2025.[82]
| |||||||
| 6 | Vestas Onshore and offshore wind turbines · DK | 8.9 | 9.2 | 8.2 | 8.7 | 9.9 | |
Company snapshot · Vestas · Data as of November 10, 2026 Vestas installed 201 GW of wind turbines globally by the end of 2025.[83]
| |||||||
| 7 | Ørsted Offshore wind and renewable energy · DK | 8.5 | 8.5 | 8.1 | 8.0 | 9.9 | |
Company snapshot · Ørsted · Data as of November 10, 2026 Ørsted is a global offshore-wind developer and operator.[15]
| |||||||
| 8 | Adani Green Energy Solar, wind and hybrid power generation · IN | 8.5 | 7.0 | 9.7 | 9.8 | 7.8 | |
Company snapshot · Adani Green Energy · Data as of November 10, 2026 Adani Green had a 14.2 GW operational renewable portfolio in FY2024-25.[84]
| |||||||
| 9 | Brookfield Renewable Partners Hydro, wind, solar and distributed energy · BM | 8.2 | 8.0 | 7.0 | 8.2 | 8.9 | |
Company snapshot · Brookfield Renewable Partners · Data as of November 10, 2026 Brookfield Renewable operates hydroelectric, wind, solar and distributed-energy assets globally.[85]
| |||||||
| 10 | LONGi Green Energy Technology Solar wafers, cells, modules and storage · CN | 7.9 | 8.8 | 7.0 | 7.0 | 7.8 | |
Company snapshot · LONGi Green Energy Technology · Data as of November 10, 2026 LONGi shipped 86.58 GW of modules and 111.56 GW of wafers in 2025.[86]
| |||||||
How we score
- Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
- Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
- Momentum (20%): growth trajectory and future potential.
- Innovation (15%): R&D intensity and how technologically advanced the company is.
Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.
Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.
Cadence Recalculated when new figures are published; next review December 10, 2026.
Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.
Cite this ranking
APA
Samuel Norberg. (2026, November 10). Top 10 companies in the green energy industry. In Green Energy Industry Statistics. Gitnux. https://gitnux.org/green-energy-industry-statistics/#top-companies
Global installed wind power capacity
Global installed wind power capacity grew from 733K MW in 2020 to 1.3M MW in 2025.
03 Trends & forecasts
Top 10 Green Energy Industry Trends & Forecasts 2027
What is changing in the green energy industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Renewables capture nearly half of generation
High confidenceThe IEA forecasts renewables to supply almost 45% of global electricity in 2031, up from 33% in 2025. Wind and solar together are expected to provide more than 28% of global generation by 2031.[4]
Forecast 2027: By 2027, renewables are likely to supply roughly 37%–39% of global electricity as solar and wind continue to displace coal and gas in power markets.
02Solar PV remains the dominant growth engine
High confidenceSolar PV accounts for more than three-quarters of the IEA’s forecast renewable-capacity growth through 2031. Solar generation is expected to overtake hydropower globally in 2029 and become the largest source of renewable electricity.[4]
Forecast 2027: Solar PV should remain the largest source of new renewable capacity in 2027, with annual additions continuing near the exceptionally high levels reached in 2025 and 2026.
03Annual additions stabilize near 800 GW
High confidenceThe IEA expects global annual renewable-capacity additions to average almost 800 GW during 2026–2031, 57% above the 2020–2025 average. Outside China, annual additions are forecast to increase 27% between 2025 and 2031.[4]
Forecast 2027: Global additions should remain close to 800 GW in 2027, although growth will become more geographically balanced as India, Southeast Asia, the United States, Africa and Latin America offset slower Chinese expansion.
04China’s solar growth slows after auctions
High confidenceThe IEA reports that China’s solar additions fell by more than 50% year on year during January–September 2026 after the shift from fixed tariffs to competitive auctions. Its 2026–2031 renewable-capacity forecast was reduced by almost 116 GW.[4]
Forecast 2027: China is likely to remain the largest renewable market in 2027, but additions should be below the 2025 peak as auction-based pricing, grid constraints and lower project profitability impose greater discipline.
05Emerging markets gain deployment share
High confidenceOutside China, renewable additions are forecast to rise 27% from 2025 to 2031. The IEA expects India, Southeast Asia, sub-Saharan Africa, Latin America and the Middle East and North Africa to match advanced economies’ additions for the first time over the forecast period.[4]
Forecast 2027: In 2027, emerging markets and developing economies should account for a larger share of incremental renewable capacity, led by utility-scale solar and distributed systems used to improve energy security and reliability.
06Battery storage becomes core infrastructure
High confidenceUtility-scale batteries accounted for about 87 GW of global battery-capacity additions in 2025, around four-fifths of the total. The IEA forecasts behind-the-meter storage to exceed 670 GWh by 2031, with more than one-third of home PV systems including batteries.[4]
Forecast 2027: Battery deployment should accelerate in 2027 as solar-plus-storage projects, grid-balancing markets and behind-the-meter systems address price volatility, reliability concerns and renewable curtailment.
07Grid bottlenecks constrain renewable growth
High confidenceMore than 2,500 GW of renewable, storage and large-load projects are stalled in global grid-connection queues. The IEA says annual grid investment must rise by roughly 50% by 2030 from approximately USD 400 billion today.[4]
Forecast 2027: Grid availability will remain one of the main limits on 2027 commissioning, increasing the value of projects with secured interconnection, co-located storage, flexible connections and demand-response capability.
08Curtailment and negative prices increase
High confidenceTechnical curtailment of wind and solar in key markets reached almost 200 TWh in 2025 and could exceed 800 TWh by 2031. The IEA also reports that hours of negative electricity prices continue to rise across Europe.[4]
Forecast 2027: In 2027, developers and investors should place greater emphasis on hybrid assets, storage, flexible demand and contracted revenues as midday oversupply and negative-price episodes become more frequent in high-renewables markets.
09Renewable power retains a cost advantage
High confidenceIn 2024, 91% of newly commissioned utility-scale renewable capacity produced electricity at a lower cost than the cheapest new fossil-fuel alternative. Global weighted-average LCOE was USD 0.034/kWh for onshore wind and USD 0.043/kWh for solar PV.[21]
Forecast 2027: Renewables should remain the lowest-cost option for most new utility-scale generation in 2027, although financing costs, tariffs and supply-chain volatility may limit short-term cost declines.
10Solar supply chains diversify slowly
High confidenceSolar PV manufacturing remains highly concentrated in China across polysilicon, wafers, cells and modules. The IEA expects India to become the only country besides China capable of manufacturing every major solar-PV component at scale by 2031.[4]
Forecast 2027: By 2027, China should still dominate global solar manufacturing, while India, the United States and other regions expand domestic capacity through industrial policy, trade measures and supply-chain incentives.
04 Statistics
Technology & Innovation
AI in the green energy industry
- 45% of 307 energy companies analyzed had at least one AI or machine-learning use case operating in 2026.[1]
- 43% of renewable-energy companies had at least one confirmed AI use case in 2026.[1]
- 24% of utility, power and renewable-energy companies had reached a degree of AI maturity by 2024.[2]
- 17% of energy, mining and utilities firms had no generative-AI initiatives but planned to implement them in 2024.[3]
- AI could unlock up to 175 GW of additional transmission capacity on existing lines in the IEA’s widespread-adoption case.[4]
- AI applications in power-plant operations and maintenance could generate up to $110 billion in annual savings by 2035.[4]
Digital Transformation in the utilities and renewable energy sector (sector benchmark)
- 92% of energy companies planned digital technology investments, while 27% were retraining and reskilling existing employees, according to a 2024 survey.[5]
- 84% of energy and utilities organizations were investing in digital modernization in 2026, while 20% had begun reorganizing engineering operations.[6]
- 73% of power and utilities companies said their organizational culture impeded digital-technology adoption in a global survey conducted in late 2024.[5]
- 100% of utilities globally had initiated digital transformation, while 20% had completed it, according to a global survey conducted in 2024.[7]
Technology Adoption in the utilities and renewable energy sector (sector benchmark)
- 79% of power and utilities organizations were using cyber-threat monitoring and intelligence platforms covering IT and operational technology in 2024.[5]
- 73% of power and utilities organizations were using artificial intelligence, generative AI or machine learning in 2024, based on a global industry survey.[5]
- 78% of power and utilities organizations were using advanced analytics in 2024, according to EY’s global Future of Energy Survey.[5]
- 62% of power and utilities organizations were using robotic process automation in 2024, according to a global survey of industry executives and employees.[5]
Cloud Computing in the utilities and renewable energy sector (sector benchmark)
- 63% of power and utilities organizations were using cloud computing while developing improvements or new applications in 2024.[5]
- 41% of energy companies allowed any department head or IT manager to deploy new cloud infrastructure, software or applications in an Infosys study.[3]
- 79% of power and utilities organizations were using cloud computing in 2024, according to a global EY survey.[5]
- 45% of energy companies used only the cloud capacity and functions they had committed to, according to an Infosys industry study published in 2024.[3]
- 32% of power and utilities organizations using cloud computing planned improvements or new uses during the following five years in 2024.[5]
Big Data in the utilities and renewable energy sector (sector benchmark)
- 41% of utilities said advanced-metering-infrastructure data was fully embedded and scalable across daily workflows in 2026.[8]
- 78% of power and utilities organizations were using advanced analytics in 2024, a sector-specific proxy for big-data adoption in EY’s global survey.[5]
- 86% of utilities used advanced-metering-infrastructure data enterprise-wide or in specific workflows in 2026, according to a global utility executive survey.[8]
- 20% of electric utilities had already implemented big-data analytics, while 32% were implementing it, in a survey covering 10 countries.[9]
- 25% of utilities reported extensive use of analytics for business intelligence and billing or revenue analysis in a survey of 190 organizations.[10]
IoT in the utilities and renewable energy sector (sector benchmark)
- 34% of utilities respondents had deployed IoT projects for energy generation in 2024, the highest deployment category in Viasat’s survey.[11]
- 33% of utilities respondents had deployed IoT projects for vehicle tracking in 2024, according to Viasat’s industry survey.[11]
- 75% of power and utilities organizations were using Internet of Things technologies in 2024, according to a global EY survey.[5]
- 55% of utilities respondents had a formal IoT strategy in 2024, up from 48% in 2021, according to Viasat’s global sector survey.[11]
- 80% of power and utilities organizations surveyed were IoT adopters, and 75% had at least one project reaching the use stage.[12]
Innovation in the green energy industry
- Global corporate energy R&D spending grew by 1% in 2024, its lowest growth rate since 2015 except for 2020.[4]
05 Statistics
Data & Analytics
Business intelligence in the green energy industry
- 57% of 2023 digital-energy cloud-and-data investment was in Europe.[13]
- 14% lower lost-production factor was reported for Ørsted versus OEM operation across its 2020–2023 portfolio average.[14]
- 210 power-sector digitalisation activities were recorded globally in 2023, including pilots, projects and product announcements.[13]
- 32% of 2023 digital-energy analytics-software investment was in Asia-Pacific.[13]
- 34% of 2023 digital-energy cloud-and-data investment was in Asia-Pacific.[13]
- 30% of 2023 digital-energy analytics-software investment was in North America.[13]
Data analytics in the green energy industry
- 2 years of 10-minute SCADA data are available for every turbine in Ørsted’s Westermost Rough offshore wind-farm research package.[15]
- 49 blockchain papers on renewable-energy-oriented power systems were published in 2024.[16]
- 6 blockchain papers on renewable-energy-oriented power systems were published in 2020.[16]
- 24 advanced-metering-infrastructure papers on renewable-energy-oriented power systems were published in 2024.[16]
- 168 machine-learning papers on renewable-energy-oriented power systems were published in 2024.[16]
- 62 machine-learning papers on renewable-energy-oriented power systems were published in 2020.[16]
Data Quality in the utilities and renewable energy sector (sector benchmark)
- Across water utilities, 19% of respondents rated asset characteristics information as very good in 2026.[17]
- Across electric utilities surveyed, 69% reported user confidence in data accuracy, compared with 77% for completeness.[18]
- Across electric utilities surveyed, 77% reported no erosion in data quality over time.[18]
- Across water utilities, 8% of respondents rated asset O&M cost information as very good in 2026.[17]
- Across water utilities, 7% of respondents rated asset information in EAM or CMMS as very good in 2026.[17]
- Across water utilities, 10% of respondents rated asset condition and performance information as very good in 2026.[17]
Data Governance in the utilities and renewable energy sector (sector benchmark)
- Across utilities surveyed, 56% had some form of inventory covering data sources and data-quality, integration, and analytics tools in 2020.[19]
- Across utilities surveyed, 6% reported fully traceable data from original source to decision-making or business processes in 2020.[19]
- Across utilities surveyed, 9% had fully implemented an enterprise-wide data-governance program in 2020.[19]
- Across utilities surveyed, 50% estimated they were still three to five years away from enterprise-level data governance in 2020.[19]
- Across energy and utilities organizations, 65% reported that all or nearly all of their data was governed in 2026.[20]
- Across power and utility executives surveyed, 57% assessed data-governance maturity as developing or initial in 2021; none reported advanced practices.[5]
06 Statistics
Strategy & Growth
Growth in the green energy industry
- 92.5% of global power-capacity additions came from renewables in 2024.[21]
- 585 GW of renewable power capacity was added globally in 2024, increasing total capacity by 15.1%.[21]
- 4,443 GW of renewable power capacity was installed worldwide at the end of 2024.[21]
- Nearly 4,800 GW of renewable capacity is forecast to be added globally from 2026 to 2031.[4]
- Renewable capacity additions outside China are forecast to increase 27% between 2025 and 2031.[4]
- 413.2 GW of renewable capacity was added in Asia during 2024.[21]
Differentiation in the green energy industry
- Wind power capacity reached 1,133 GW globally at the end of 2024.[21]
- Solar and wind jointly accounted for 96.6% of global net renewable additions in 2024 in IRENA’s capacity-highlights dataset.[21]
- Offshore-wind growth for 2025–2030 was revised down by more than 25% in the IEA’s 2025 forecast.[4]
- Solar and wind together represented 97.5% of global net renewable-capacity additions in 2024.[21]
- Wind accounted for 20% of global renewable-capacity additions in 2025.[4]
- Bioenergy capacity increased by 4.6 GW globally in 2024, equal to 3.2% growth.[21]
Mergers and acquisitions in the green energy industry
- USD 50 billion of renewable-energy M&A activity occurred in North America in 2024.[22]
- European renewables M&A value increased from EUR 5.88 billion in 2023 to more than EUR 22.5 billion in 2024.[23]
- USD 61.7 billion of US renewables deal value was recorded in the first nine months of 2024.[24]
- USD 117 billion of global renewable-energy M&A activity was recorded in 2024.[22]
- USD 30.8 billion was the disclosed value of 26 US energy-transition transactions in the first half of 2024.[25]
- USD 3 billion was the value of Stonepeak’s acquisition of a 50% stake in Dominion Energy’s Coastal Virginia offshore-wind project in 2024.[25]
Strategic partnerships in the green energy industry
- Microsoft announced approximately 4.067 GW of US corporate renewable offtake in 2024.[26]
- Google announced approximately 4.093 GW of US corporate renewable offtake in 2024.[26]
- Meta announced approximately 4.776 GW of US corporate renewable offtake in 2024.[26]
- 183 corporate renewable PPA deals were signed in the United States in 2024.[26]
- 22.3 GW, or 80% of US corporate PPA volume, was solar in 2024.[26]
- Technology companies accounted for 84% of US corporate PPA activity, totaling 22.1 GW, in 2024.[26]
07 Statistics
People & Workforce
Hiring in the green energy industry
- 2.3% was the increase in global renewable-energy employment from 2023 to 2024.[21]
- 36,949 U.S. clean-energy jobs were lost in 2025.[27]
- 56% of the U.S. energy jobs added in 2023 were in clean energy.[28]
- 250,000 jobs were added to the U.S. energy workforce in 2023.[28]
- 4.2 million photovoltaic jobs were located in China in 2024.[21]
Employee retention in the green energy industry
- 13% was Brookfield Renewable’s overall employee turnover rate in 2024.[29]
- 22% was Brookfield Renewable’s overall employee turnover rate in 2023.[29]
- 14% was Arevon’s employee turnover rate in 2024.[30]
- 20% of Xcel Energy’s 2024 turnover was attributed to other reasons.[31]
- 10% was Brookfield Renewable’s voluntary employee turnover rate in 2024.[29]
Remote Work in the utilities and renewable energy sector (sector benchmark)
- Across U.S. utilities, 18.2% of employees worked fully remotely in November 2024.[32]
- U.S. utilities employees worked 31.42% of paid days from home in 2024.[33]
- Among U.S. utility employers recruiting new graduates, 9.3% of positions were fully remote in 2024.[34]
- U.S. utilities employees worked 22.32% of paid days from home in 2026.[33]
Hybrid Work in the utilities and renewable energy sector (sector benchmark)
- Across U.S. utilities, 32.5% of employees worked in hybrid arrangements in November 2024.[32]
- U.S. utilities had 28% of full-time employees in hybrid arrangements during September–December 2024.[35]
- Among U.S. utility employers recruiting new graduates, 43.4% of positions were fully hybrid in 2024.[34]
- Across U.S. utilities, 51% of full-time employees worked either hybrid or fully from home during September–December 2024.[35]
Upskilling in the green energy industry
- 14,500 learning-engagement hours were recorded by ReNew in fiscal year 2024-25.[36]
- 3,802 total training hours were recorded by United Renewable Energy in 2025.[31]
- 28,678 compliance-training hours were completed by EDF Renewables North America employees in 2024.[37]
- 11,914 development-training hours were completed by EDF Renewables North America employees in 2024.[37]
- 5,986 employee training hours were recorded by Atlas Renewable Energy in 2024.[38]
Employee Engagement in the utilities and renewable energy sector (sector benchmark)
- At Southern California Edison, 82% of employees gave a favorable overall engagement response in 2022.[39]
- Among U.S. energy and utility organizations, 54% reported that frontline disengagement affected productivity in 2023.[40]
- Among frontline energy and utilities workers, 57% said workplace communication tools were designed for desk workers rather than them in 2025.[41]
- Across U.S. utilities, 70% of employees were engaged in the July 2025–June 2026 benchmark period.[42]
08 Statistics
Customer & Sales
Customer experience in the green energy industry
- 77 points was the 2026 U.S. energy-utilities score for staff or representative courtesy and helpfulness.[43]
- 80 points was the 2026 U.S. energy-utilities score for restoring electric service after an outage.[43]
- 82 points was the 2026 U.S. energy-utilities score for the ability to provide reliable electric service.[43]
- 80 points was the 2026 U.S. energy-utilities score for website satisfaction.[43]
- 80 points was the 2026 U.S. energy-utilities score for ease of understanding the bill.[43]
Customer acquisition in the green energy industry
- 74% of U.S. solar installers frequently used referrals as a customer-acquisition channel in 2023.[44]
- 14% of U.S. solar installers frequently used events for customer acquisition in 2023.[44]
- 12% of U.S. solar installers frequently used door-to-door selling for customer acquisition in 2023.[44]
- 50% or more was the customer-acquisition-cost saving EnergySage said installers could achieve through its platform.[28]
- 15% of U.S. solar installers frequently used partnerships for customer acquisition in 2023.[44]
Customer loyalty in the green energy industry
- 71 points was the 2025 U.S. energy-utilities score for efforts to support green programs affecting the environment.[43]
- 74 points was the 2025 U.S. energy-utilities overall customer-satisfaction score.[43]
- 45% of U.S. utility customers in 2024 strongly believed their utility cared about them.[45]
- 28% of U.S. residential and business utility customers said their local electric utility would reach its clean-energy goal.[46]
- 62% of older U.S. utility customers rated utility customer service favorably in 2024.[45]
Lead generation in the green energy industry
- 48% of U.S. solar installers said they did not use online marketplace platforms in 2021.[44]
- 69% of U.S. solar installers said they did not use door-to-door selling for lead generation in 2023.[44]
- 39% of U.S. solar installers said they did not use partnerships for lead generation in 2023.[44]
- 35% of U.S. solar installers said they did not use events for lead generation in 2023.[44]
- 46% of U.S. solar installers said they did not use purchased leads in 2023.[44]
09 Statistics
Marketing & Brand
Marketing in the green energy industry
- 38% of business participants heard about Wisconsin’s renewable-energy offering from an installer, contractor or trade ally in 2021.[47]
- 24% of Wisconsin business respondents identified bill inserts as the best way to inform the public about renewable-energy offerings in 2021.[47]
- 8% of Wisconsin business respondents identified social media as the best public-information channel in 2019, compared with 33% in 2021.[47]
- 39% of solar companies planned to expand into low-income areas in 2024.[48]
- 34% of solar companies expected to grow during 2024, according to the 2024 U.S. solar industry survey.[48]
Digital marketing in the green energy industry
- 78.8% of renewable-energy companies used corporate documentaries or promotional videos in 2026.[49]
- 95% of renewable-energy marketing videos were shorter than five minutes in 2026.[49]
- 51.9% of renewable-energy companies that produced videos published them consistently in 2026.[49]
- 5.8% of renewable-energy companies used customer testimonials in their video marketing in 2026.[49]
- 82.4% of renewable-energy businesses relied entirely on organic distribution for video marketing in 2026.[49]
Branding in the green energy industry
- 51% of surveyed consumers said the Blue Flag environmental certification had at least some influence on purchasing decisions in 2024.[50]
- 87% of surveyed consumers said the Good Housekeeping Green label had at least some influence on their purchasing decisions in 2024.[50]
- 61% of surveyed consumers said EPA’s Design for the Environment label had at least some influence on purchasing decisions in 2024.[50]
- 53% of surveyed consumers said the Sierra Club brand had at least some influence on purchasing decisions in 2024.[50]
- 56% of surveyed consumers said the Green Seal label had at least some influence on purchasing decisions in 2024.[50]
Influencer Marketing in the utilities and renewable energy sector (sector benchmark)
- Across B2B companies, authenticity and credibility were the top influencer-selection criteria for 58% of marketers in 2025.[54]
- Across B2B companies, influencer marketing was associated with a 39-percentage-point advantage in brand-awareness goal attainment in 2025.[54]
- Across B2B companies, 55% were using influencers in 2025, while another 29% planned to adopt influencer marketing within the following year.[54]
- Across B2B companies, 28% of marketers ranked thought leaders or industry analysts as the most effective influencer type in 2025.[54]
- Across B2B companies, 76% of marketing leaders believed creator collaborations build brand authenticity in 2025.[54]
10 Statistics
Operations & Execution
Process optimization in the green energy industry
- Solar PV represented more than three-quarters of global renewable capacity additions in 2025, while wind represented 20%.[4]
- More than 600 GW of solar PV capacity was added globally in 2025, the first year annual additions exceeded that threshold.[4]
- Global renewable power capacity is expected to increase by 4,600 GW between 2025 and 2030.[4]
- China, the European Union and the United States together accounted for around 30% of global clean-energy manufacturing investment in 2025.[4]
- 800 GW of renewable power capacity was added globally in 2025, a 16% increase from 2024, despite grid-connection delays and supply-chain strains.[4]
Operational efficiency in the green energy industry
- The weighted-average global levelised cost of solar PV was USD 0.043 per kWh in 2024.[4]
- The European Union obtained nearly half of its electricity supply from renewables in 2024.[4]
- Wind and solar PV together supplied 17% of global electricity generation in 2025, up from 15% in 2024.[4]
- Solar PV generation increased by about 480 TWh globally in 2024, the largest increase from any electricity-generation source.[4]
- Renewables supplied about 35% of China’s electricity generation in 2024.[4]
Supply chain in the green energy industry
- China’s solar-PV module prices fell by more than 60% from 2023 levels by 2025 amid oversupply and manufacturer competition.[4]
- Wind manufacturers outside China reported cumulative losses of USD 1.2 billion in 2024.[4]
- China produces around 90% of the world’s rare-earth magnets used in wind turbines.[4]
- The United States and European Union together represented around 30% of global clean-energy manufacturing investment in 2025, up from 15% in 2023.[4]
- Solar PV employed 7.107 million people globally in 2023, including 4.590 million in China, 720,000 in the European Union and 279,000 in the United States.[21]
Outsourcing / Offshoring in the utilities and renewable energy sector (sector benchmark)
- 40% of U.S. power and utilities executives surveyed said they would outsource some business functions to external contractors, according to a 2025 survey.[5]
- 68.4% of U.S. utilities surveyed outsourced bill printing in 2026, based on responses from 95 utilities across 18 states.[55]
- 88% of power and utilities executives surveyed planned to rely more on vendors and contractors than previously, in a 2025 global energy survey.[5]
- 54% of U.S. solar companies surveyed outsourced most solar maintenance in 2025, compared with 60% in Germany and 48% in the United Kingdom.[56]
- 55% of surveyed solar OEMs, technicians and installers across the United States, United Kingdom, Germany and Spain outsourced most solar maintenance in 2025.[56]
11 Statistics
Finance & Pricing
Pricing strategy in the green energy industry
- More than 14 GW of utility-scale solar PV was awarded through auctions globally in the first half of 2025.[4]
- Almost 60% of gross global utility-scale renewable capacity additions expected during 2025–2030 are projected to use competitive auctions.[4]
- Solar PV auction prices averaged around USD 75/MWh in selected European countries since auctions were introduced.[4]
- Feed-in tariffs and premiums represented just 10% of expected global utility-scale renewable growth during 2025–2030.[4]
- Seven gigawatts of planned US offshore wind capacity was cancelled in 2023 after previously agreed prices became uneconomic.[4]
Cost reduction in the green energy industry
- 89% was the decline in battery-storage project costs between 2010 and 2023.[21]
- 3% was the 2023 year-on-year decline in global weighted-average LCOE for newly commissioned onshore wind projects.[21]
- 12% was the 2023 year-on-year decline in global weighted-average LCOE for newly commissioned utility-scale solar PV.[21]
- 29% was the decrease in real solar PV total installed costs in Germany in 2023.[21]
- 20% was the decrease in real solar PV total installed costs in France in 2023.[21]
Profitability in the green energy industry
- One-third was the 2023 increase in renewable-utility returns on invested capital compared with 2022.[4]
- 56% was the 2023 LCOE advantage of utility-scale solar PV over the weighted-average fossil-fuel alternative.[21]
- 96% of renewable-energy investment in 2024 went to the power sector, where project economics and utility profitability are concentrated.[21]
- 67% was the 2023 LCOE advantage of new onshore wind over the weighted-average fossil-fuel alternative.[21]
- Almost 50% was the fall in prices of essential PV components, including polysilicon, wafers, cells and modules, during 2023–2024.[4]
Financial planning in the green energy industry
- 50% was the increase in clean-energy investment in emerging and developing economies from 2020 to 2024.[4]
- 1 percentage point lower clean-energy cost of capital in emerging and developing economies could reduce annual financing costs by USD 150 billion.[4]
- USD 807 billion was invested globally in renewable-energy technologies in 2024.[21]
- USD 320 billion was the estimated 2024 clean-energy investment in emerging and developing economies outside China.[4]
- 13% was the average financing cost for clean-energy projects in Chile in 2024, more than double the 2021 level.[4]
12 Statistics
Product & Service
Product development in the green energy industry
- 165 gigawatts is the announced 2030 electrolyser manufacturing capacity indicated by planned expansions globally.[4]
- USD 200 billion was the approximate global investment in manufacturing capacity for six clean-energy technologies in 2024.[4]
- 2.5 terawatt-hours was global battery manufacturing capacity in 2023, up from 1.1 terawatt-hours in 2021.[4]
- 25 gigawatts was global electrolyser manufacturing capacity in 2023, approximately triple the 2021 level.[4]
- USD 1.1 trillion was the 2025 market value of six key clean-energy technologies, including solar PV, wind, batteries, heat pumps and electrolysers, globally.[4]
Product lifecycle in the green energy industry
- 0.17–1 million tons is the projected cumulative volume of photovoltaic waste in the United States by 2030.[28]
- 19% of offshore-wind operations and maintenance costs are operational-support costs.[21]
- 60% of offshore-wind operations and maintenance costs are typically turbine maintenance costs.[21]
- 11% of offshore-wind operations and maintenance costs are insurance costs.[21]
- USD 35 per megawatt-hour was approximate average lifetime operating expenditure for U.S. wind projects built in the late 1990s.[57]
After-sales in the green energy industry
- 63% of U.S. solar installers said they proactively checked customers’ installations at least once per quarter in 2024.[58]
- 15% of solar repair cases left the customer responsible for repair costs in the 2024 U.S. solar-industry survey.[58]
- 56% of U.S. solar buyers rated proven technical expertise as important when selecting an installer in 2025.[59]
- 96% of U.S. solar installers reported at least partial access to system monitoring in 2024.[58]
- 7% of U.S. solar installers said they only received calls from customers whose original installers had gone out of business in 2024.[58]
Value proposition in the green energy industry
- 50% was the approximate decline in global solar-PV module prices between 2023 and 2025.[4]
- 28% of business-energy customers surveyed in 2023 were unwilling to pay any premium for green energy.[60]
- 30% was the approximate decline in global battery-pack prices between 2023 and 2025.[4]
- 18% of business-energy customers surveyed in 2024 were unwilling to pay any premium for green energy.[60]
- 120 gigawatts was estimated global wind capacity added in 2024.[4]
13 Statistics
Sustainability & Ethics
Sustainability in the green energy industry
- India increased annual renewable capacity additions by almost 60% in 2025.[4]
- The European Union added nearly 85 GW of renewable capacity in 2025.[4]
- The United States installed 49 GW of renewable capacity in 2025.[4]
- Wind generation increased by about 180 TWh globally in 2024.[4]
- China commissioned nearly 500 GW of renewable capacity in 2025, representing more than 60% of global growth.[4]
ESG in the green energy industry
- 11,135 companies representing 88% of global market capitalization disclosed Scope 1 and 2 emissions in 2024.[61]
- 98% of listed energy companies in the Middle East and Africa disclosed sustainability information in 2024.[61]
- 20% of energy companies in the Middle East and Africa reported Scope 1 and 2 emissions in 2024.[61]
- Clean-energy investment was expected to reach about USD 2 trillion globally in 2024.[61]
- 31% of disclosed greenhouse-gas emissions came from listed energy companies in 2024.[61]
Ethics in the green energy industry
- 49% was Iberdrola’s score in the 2025 Renewable Energy and Human Rights Benchmark.[62]
- 26% was Siemens Gamesa’s score in the 2025 Renewable Energy and Human Rights Benchmark.[62]
- 23% was Duke Energy’s score in the 2025 Renewable Energy and Human Rights Benchmark.[62]
- 30% was EDF Renewables’ score in the 2025 Renewable Energy and Human Rights Benchmark.[62]
- 32% was First Solar’s score in the 2025 Renewable Energy and Human Rights Benchmark.[62]
CSR in the green energy industry
- Wind-energy employment represented 1.9 million jobs globally in 2024.[21]
- ReNew generated approximately 9% of India’s total renewable energy in fiscal year 2024–25.[63]
- Bioenergy employment represented 2.8 million jobs globally in 2024.[21]
- 16.6 million people were employed directly or indirectly by renewable energy worldwide in 2024.[21]
- Hydropower employment represented 2.3 million jobs globally in 2024.[21]
Circular economy in the green energy industry
- More than 600,000 metric tons of lithium-ion battery waste were anticipated by 2025.[64]
- The OECD reported that e-waste generation has risen five times faster than documented e-waste recycling since 2010.[61]
- The global wind-blade recycling market was valued at USD 68.24 million in 2024.[64]
- The global solar-panel recycling market was valued at USD 180 million in 2023.[64]
- The battery-recycling market was projected to grow at an 11.2% compound annual rate.[64]
Carbon footprint in the green energy industry
- Enbridge reduced total recordable incident frequency by 23% in 2024.[65]
- Global electricity carbon intensity was about 458 grams of CO2 per kilowatt-hour in 2023.[21]
- Solar PV levelized electricity costs fell 89% between 2010 and 2023, improving the economics of lower-carbon generation.[21]
- Enbridge reduced operational greenhouse-gas emissions intensity by 40% from its 2018 baseline by 2024.[65]
- Renewables supplied nearly half of European Union electricity in 2024.[4]
14 Statistics
Risk, Compliance & Legal
Compliance in the green energy industry
- 28 countries had 49 policies supporting renewable-energy integration and industrial decarbonisation in 2024.[66]
- 9 Connecticut environmental enforcement cases were referred to the Attorney General or EPA during federal fiscal year 2025.[67]
- 679 Connecticut environmental enforcement actions came from the Bureau of Materials Management during federal fiscal year 2025.[67]
- 11 of the 49 industrial renewable-energy policies in 2024 were regulatory measures.[66]
- 212 formal trade measures related to renewable energy and enabling technologies were in place globally in 2024.[66]
Risk Management in the utilities and renewable energy sector (sector benchmark)
- 61% of power and utilities organizations quantified climate risk in 2024, and 30% used scenario analysis as their leading tool.[68]
- 61% of power and utilities organizations lacked a defined risk appetite in 2024, based on Deloitte’s sector ERM survey.[68]
- 28% of power and utilities respondents identified regulatory and compliance challenges as a top project-execution risk in 2024, equal to schedule delays at 28%.[68]
- 57% of power and utilities organizations had a risk-culture strategy aligned with management and business priorities in 2024.[68]
- 73% of power and utilities organizations relied on manual risk-management processes in 2024, while 5% had automated most processes.[68]
Cybersecurity in the utilities and renewable energy sector (sector benchmark)
- 187 ransomware incidents affected energy and utility organizations worldwide in 2025, according to Cyble’s threat-landscape analysis.[69]
- 37 unauthorized network accesses to energy infrastructure were advertised in cybercrime markets worldwide in 2025.[69]
- 57 data-breach and leak incidents affecting energy and utility organizations were recorded worldwide in 2025.[69]
- 77% of utilities organizations experienced cyber incidents involving outdated software, unavailable patches or legacy equipment over the previous year in 2026.[70]
Data Privacy in the utilities and renewable energy sector (sector benchmark)
- 69% of utility respondents rated their data-security and privacy capabilities as established, advanced or leading in the EY Power and Utilities Data Governance Survey.[71]
- 73% of consumers expressed concern about data privacy when electricity providers use AI-driven energy services in 2025, according to a U.S. smart-energy consumer survey.[72]
- 46% of utilities organizations cited data protection and privacy as their main cybersecurity concern in 2026.[70]
- 42% of utilities organizations lacked confidence in their data-breach notification requirements in 2026.[70]
Crisis Management in the utilities and renewable energy sector (sector benchmark)
- 57% of companies with impacted utilities or energy infrastructure facilities reported temporary closures after extreme weather in 2025.[73]
- 93% of companies with impacted utilities or energy infrastructure facilities reported power, water or other utility outages in 2025.[73]
- 72% of companies with impacted utilities or energy infrastructure facilities reported infrastructure damage after extreme weather in 2025.[73]
- 74% of companies reported that utilities or energy infrastructure facilities were impacted by extreme weather over the previous five years in 2025.[73]
Governance in the green energy industry
- 58% of material sustainability impacts reported by energy companies in 2024 were linked to their value chains.[61]
- 15% of listed energy companies disclosed business-association memberships in 2024.[61]
- 4% of listed energy companies linked executive remuneration specifically to greenhouse-gas-reduction targets in 2024.[61]
- 67% of 42 listed energy companies reporting under the CSRD identified business conduct as a material financial risk in 2024.[61]
- 35% of large energy companies disclosed lobbying expenditures in 2024.[61]
15 Statistics
Globalization & Expansion
Globalization in the green energy industry
- Renewable power capacity is projected to increase by almost 4,600 GW globally between 2025 and 2030.[4]
- North America held 12.9% of global renewable power capacity in 2024, equivalent to 573 GW.[21]
- Nearly 500 GW of renewable capacity was added in China in 2025, representing more than 60% of global growth.[4]
- The United States installed 49 GW of renewable capacity in 2025, a 10% decline from the previous year.[4]
- Renewable capacity additions in sub-Saharan Africa doubled to around 12 GW in 2025.[4]
Cultural adaptation in the green energy industry
- Women’s 32% share of full-time renewable-energy jobs was below their 43.4% share of the global workforce.[21]
- Thirty countries installed more than 1 GW of solar PV in 2025, nearly twice as many as in 2020.[4]
- Fifty-six percent of California voters said they would be comfortable with wind turbines near their community in a 2023 poll.[74]
- GOGLA-affiliated companies increased the number of people benefiting from improved energy access by 16 million over 2022–2023.[75]
- Solar PV accounted for more than three-quarters of global renewable-capacity additions in 2025, increasing the importance of locally adapted distributed-energy models.[4]
Supplier management in the green energy industry
- China accounted for approximately 70% of global wind-turbine manufacturing capacity in 2024.[4]
- More than 90% of major Chinese solar PV manufacturers reported losses in 2026.[4]
- Chinese firms account for a large portion of solar PV production capacity located outside China, according to the IEA’s 2026 supply-chain assessment.[4]
- China accounted for approximately 62% of global electrolyser manufacturing capacity in 2024.[4]
- China, the United States and the European Union together accounted for around 80%–90% of manufacturing capacity across major clean-energy technologies.[4]
Stakeholder management in the green energy industry
- Solar PV and wind together supplied 95% of global renewable-capacity growth in 2024, increasing their importance in grid and community planning.[4]
- More than 80% of global electricity-generation growth in 2024 came from clean energy, including renewable energy.[4]
- Variable renewables accounted for around 17% of global electricity generation in 2025, overtaking hydropower’s 14% share.[4]
- Renewables are expected to meet more than 90% of global electricity-demand growth between 2025 and 2030.[4]
- Wind is projected to provide 30% of the increase in global renewable electricity generation between 2024 and 2030.[4]
Distribution channels in the green energy industry
- Distributed solar PV applications are projected to account for 42% of global PV expansion from 2025 to 2030.[4]
- Residential solar installations in China fell below 10% of new solar additions in 2024 as incentives were phased out.[4]
- GOGLA-affiliated companies served almost 150 million people worldwide through off-grid solar products in 2025.[75]
- Off-grid solar affiliates sold more than 1.94 million multi-light systems globally in 2024.[76]
- Off-grid solar kit sales in the second half of 2023 reached 4.6 million units, 7% above the first half of that year.[75]
Key questions about the green energy industry
How big is the global green energy market in 2025?
What is the expected growth path for renewables through the early 2030s?
Which companies lead the green energy industry?
What technology shifts matter most in 2025–2031?
How concentrated is the supply chain and where are the key regional bottlenecks?
Why do project economics still vary across regions?
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Samuel Norberg. (2026, November 10). Green Energy Industry Statistics. Gitnux. https://gitnux.org/green-energy-industry-statistics
Samuel Norberg. "Green Energy Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/green-energy-industry-statistics.
Samuel Norberg. 2026. "Green Energy Industry Statistics." Gitnux. https://gitnux.org/green-energy-industry-statistics.
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Social media in the green energy industry