List of the 350 largest renewable energy developers in the United States [2023]

Description

List of 10 renewable energy developers in the United States

1. Duke Energy (Charlotte, North Carolina)

As one of the largest electric power holding companies in the United States, Duke Energy is publicly traded (ETR: D2MN) and headquartered in North Carolina. The company is an active player in the fields of solar and wind energy as well as hydro power. With over a decade of experience, Duke Energy has developed renewable energy projects throughout North and South Carolina, Indiana, and Florida. Thriving to continuously improve the generation of renewable energy, Duke Energy uses cameras and artificial intelligence to identify birds and thereby reduce clashes with wind turbines.

Update 2023: Duke Energy has finalized a project in Iowa. The wind energy plant has an installed capacity of 207MW and is the first project for Duke Energy in the state.

2. BrightSource Energy (Oakland, California)

The Californian developer BrightSource Energy focuses on renewable energy from solar plants using solar thermal technology as well as the storage of the generated energy. With operations in North America, Asia, Europe, and South Africa, BrightSource Energy has successfully developed over 20 GW of renewable energy since its founding in 2006. The company’s solar thermal energy system has several benefits; such as the optimisation of the design of a solar field to meet peak demand and the creation of more reliable and consistent power than through intermittent renewable resources.

3. Hexagon Energy (Charlottesville, Virginia)

Hexagon Energy is a developer from Charlottesville, Virginia, and has developed more than 6,500 MW of renewable energy. Their portfolio includes six different types of energy solutions: wind, solar, wave, biomass, geothermal, and energy storage. Around these, Hexagon Energy operates mainly in North America. Most recently, the company received approval for a 600 MW solar plant in Illinois which will power roughly 116,000 homes once completed.

4. Dominion Energy (Richmond, Virginia)

Founded in 1983, Dominion Energy serves about 7 million customers across 18 states in North America and is headquartered in Richmond, Virginia. The publicly-traded company (NYSE: D) employs more than 16,000 employees and is one of the leading solar developers in the United States. Apart from energy generated through the sun, Dominion Energy uses on- and off-shore wind and hydro power to produce energy. To date, the company has developed more than 3,100 MW of renewable energy.

5. Invenergy (Chicago, Ilinois)

The Chicago-based developer Invenergy is a global player in the renewable energy field. With a total of 184 projects in North America, Latin America, Asia, and Europe, the company has developed over 29 GW of renewable energy. Founded in 2001, Invenergy generates most energy through onshore-wind energy. Additionally, the company offers sustainable energy solutions regarding solar power, natural gas, energy storage, and clean water.

6. Scout Clean Energy (Boulder, Colorado)

Scout Clean Energy is a renewable energy developer from Boulder, Colorado. The company has over 50 projects all over the United States, focusing on onshore wind an solar energy projects. Founded in 2016, the project developer already has a portfolio of over 1,200 of operating wind energy projects. As a portfolio company of Brookfield, a global asset management firm, Scout is backed up by one of the most important green infrastructure players worldwide.

7. First Solar (Tempe, Arizona)

First Solar is headquartered in Tempe, Arizona, and managed to become a known expert in the solar energy industry – as both a manufacturer of photovoltaic solar panels and developer of solar projects around the world. Founded in 1999, First Solar is publicly listed (NASDAQ: FSLR) and has installed more than 25 GW of energy. In June 2021, the firm announced that it will expand its manufacturing capacity by building a new facility in Ohio which is expected to start operations in 2023.

8. Nova Clean Energy, LLC (Chicago, Illinois)

Nova Clean Energy is one of the smaller but still highly relevant players in the renewable energy industry. The company is backed up by Bluestar Energy Capital and is headquartered in Chicago, Illinois. The renewable energy project developer focuses on solar energy assets and develops and constructs utility-scale solar projects all over the United States.

9. Rosendin Electric (San Jose, California)

Rosendin Electric has more than 100 years of experience as an electrical contractor. In recent years, Rosendin ventured into the renewable energy sector as an active developer. Based in San Jose, California, Rosendin Electric develops projects throughout the United States and Canada. In their portfolio are three types of renewable energy solutions: on-shore wind energy, solar power, and energy storage. Rosendin Electric has completed over 75 solar projects and over 120 wind generation projects – summing up to an installed capacity of 26 GW.

10. LS Power (New York City, New York)

With its main office in New York, LS Power focuses on the North American power and energy market. As one of the first solar developers in the United States, the company has grown its services to wind, hydro, and energy storage projects over the past years. Since 1990, LS Power has developed more than 11 GW of renewable energy. Moreover, LS Power is active as an infrastructure investment manager and has more than $10 billion in equity capital.

Renewable energy developers in the United States

Almost every large-scale renewable energy installation in the United States is based on the work of a renewable energy developer. Developers acquire land plots, realize the installation of PV-panels or wind energy generators, connect the installation to the grid and subsequently sell it to renewable energy investors. Our list is the most extensive database of North American renewable energy developers and gives a great overview of companies with a renewable energy project pipeline.

Using the list to sell and lease land plots to renewable energy developers

After deciding to sell or lease a land plot to renewable energy developers – for instance in especially sunny or windy areas – it is essential to get an overview of all relevant green energy development firms who might have an interest in acquiring (or leasing) the land. Our list is tailored to get an extensive and helpful overview of potential developers and business partners.

Renewable energy research and transaction analysis

In order to compile our list, our team screens every possible renewable energy deal in the United States, analyzes the involved parties and adds them to our database. Every project developer in our list can also be found in our directory. In case we missed a relevant North American renewable energy developer, you can submit a new listing here. In case we made an error on a certain firm – for instance not mentioning the installed capacity – you can always report an error on the respective page. Through crowdsourcing, we consequently improve our list.

Included columns in our renewable energy developer list

• Company Name
• Legal form
• Stock listed?
• Ticker symbol
• URL
• Country
• City
• Postcode
• Address
• Email
• Phone
• Onshore Wind
• Offshore Wind
• Solar
• Hydro
• Tidal
• Hydrogen projects
• Energy storage
• Biomass
• IPP
• PPA
• LinkedIn Management
• Management
• Regional Focus
• Founding year
• Installed capacity in MW

Picture Sources: Chuttersnap & American Public Power Association via Unsplash (07.03.2023)