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7 Indian companies among world’s top 200 green energy firms

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Seven Indian companies have made it to the latest Clean200 list, featuring the world’s largest publicly traded companies making significant revenue from clean energy.

green energy firms, India

 

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The Carbon Clean200 report, compiled by non-profit organisation As You Sow and Corporate Knights, was topped by Munich-headquartered Siemens AG, while Greater China had the most representation on the list with 68 companies in the top 200.

The seven companies on the list released earlier this month are Suzlon Energy (Rank 55), Bharat Heavy Electricals (Rank 85), Tata Chemicals (Rank 144), Exide Industries (Rank 155), IDFC Ltd (167), Thermax Ltd (Rank 169), and Havells India (Rank 200).

The Clean200 are listed by their estimated green revenues in US dollars and only include companies with over $1 billion of market capitalisation (at Q3 2017-end) and those that earn more than 10 percent of total revenues from New Energy sources.

According to the report, more than 30 countries are represented by the Clean200, which have an average market capitalisation of $8.3 billion and generate over $353 billion in clean energy revenues per year.

By Baishakhi Dutta

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