Finding the right energy storage company to partner with can sometimes be difficult but we’re here to help!
We’ve aggregated usage data from the last 6 months to bring you the ‘most viewed’ energy storage companies inside of our energy storage platform. Although this is not the end-all, be-all of energy storage companies, this list gives insight into the companies that are most active and where our clients are choosing to spend their time.
You might be asking yourself, “Wait… these don’t all look like energy storage companies…” and you would be right! However, all of the companies are influential in the energy storage space and have contributed to the overall expansion and success of the industry.
Looking for the largest and most influential energy storage companies? We’ve got you covered
Top 40 ‘Most Viewed’ Energy Storage Companies
In February 2015, Northeast Utilities and all of its subsidiaries (Connecticut Light & Power, NSTAR Electric, NSTAR Gas, Public Service Company of New Hampshire, Western Massachusetts Electric, and Yankee Gas Services Company) began operating as Eversource Energy. Eversource transmits and delivers electricity and natural gas as well as water to approximately 4 million customers in Connecticut, Massachusetts, and New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its more than 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service.
2.) Invenergy LLC
Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe and Asia. Invenergy’s home office is located in Chicago and it has regional development offices in the United States, Japan, Canada, Mexico, Colombia and Poland. Invenergy and its affiliated companies have developed more than 22,600 megawatts of projects that are in operation, construction or contracted, including wind, solar, natural gas-fueled power generation and energy storage projects.
3.) Xcel Energy
Xcel Energy Description
Xcel Energy is a U.S. electricity and natural gas company with regulated operations in eight Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers through its regulated operating companies. Xcel Energy’s headquarters are located in Minneapolis.
4.) Austin Energy
Austin Energy Description
Austin Energy is a community-owned utility company and an enterprise of the City of Austin. They are the nation’s 9th largest community-owned electric utility; serving 388,000 customers and a population of more than 900,000. Austin Energy provides service within the City of Austin, Travis County, and a small portion of Williamson County. Austin Energy powers the capital city of Texas through a diverse generation mix. Their portfolio includes nuclear, coal, natural gas, and renewable energy sources.
5.) National Grid
National Grid Description
National Grid (LSE: NG; NYSE: NGG) is an electricity, natural gas, and clean energy delivery company that supplies the energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates systems that deliver gas and electricity across Great Britain. National Grid is transforming its electricity and natural gas networks to support the 21st-century digital economy with smarter, cleaner, and more resilient energy solutions. Read more about the innovative projects happening across our footprint in our US President’s eBook, The Democratization of Energy.
6.) Georgia Power
Georgia Power Description
Founded in 1902 and headquartered in Atlanta, Georgia, Georgia Power is an investor-owned, tax-paying public utility that serves more than 2.4 million customers in all but four of Georgia’s 159 counties. The company maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind.
7.) Duke Energy
Duke Energy Description
Founded in 1904, Duke Energy Corporation supplies and delivers electricity to approximately 7.4 million customers in the Southeast and Midwest, representing a population of about 24 million people. Duke also distributes natural gas to more than 1.5 million customers in the Carolinas, Ohio, Kentucky and Tennessee. Its commercial business operates a growing renewable energy portfolio and transmission infrastructure across the United States. The company is headquartered in Charlotte, North Carolina.
8.) AES Corporation
AES Corporation Description
The AES Corporation (NYSE: AES) is a Fortune 500 global power company. They provide affordable, sustainable energy to 14 countries through their diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. AES workforce is committed to operational excellence and meeting the world’s changing power needs. 2018 revenues were $11 billion and AES Corporation owns and manages $33 billion in total assets.
Founded in 1992, Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy is headquartered in New Orleans, Louisiana.
10.) DTE Energy
DTE Energy Description
Founded in 1995, DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. The company headquarters is located in Detroit, Michigan.
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11.) NV Energy
NV Energy Description
Founded in 1906, NV Energy is a subsidiary of Berkshire Hathaway’s energy division and is headquartered out of Las Vegas, Nevada. NV Energy is a provider of energy services and products. Nevada Power, Sierra Pacific Power, and Sierra Pacific Resources merged in July 1999 to create one of the fastest-growing energy companies listed on the New York Stock Exchange. NV Energy provides electricity to 2.4 million electric customers throughout Nevada and in northeastern California as well as a state tourist population exceeding 40 million annually. NV Energy serves Las Vegas, Reno-Sparks, Henderson, Elko, and South Lake Tahoe.
12.) CPS Energy
CPS Energy Description
Founded in 1942, CPS Energy is an energy and utility company providing both natural gas and electric services. CPS Energy is headquartered in San Antonio, Texas. Acquired by the City of San Antonio in 1942, CPS serves approximately 690,000 electric customers and almost 320,000 natural gas customers in and around the seventh-largest city in the nation. CPS Energy’s 1,566-square-mile service area includes Bexar County and portions of Atascosa, Bandera, Comal, Guadalupe, Medina, Wilson and Kendall Counties.
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 24,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California.
Connecticut Light and Power Company Description
CL&P provides more than 1.2 million customers with safe and reliable electricity. With annual revenues of approximately $3.5 billion, CL&P plays a major role in the growth and vitality of Connecticut’s economy and quality of life. Now in its second century of service, CL&P serves residential, municipal, commercial and industrial customers in 149 cities and towns. CL&P has a wide range of programs, from energy conservation and economic development to environmental education.
NextEra Energy Resources Description
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.2 billion, operates approximately 46,790 megawatts of net generating capacity and employs approximately 14,000 people in 33 states and Canada as of year-end 2017. Headquartered in Juno Beach, Florida, NextEra Energy’s principal subsidiaries are Florida Power & Light Company, which serves approximately 5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa, and Wisconsin.
16.) CMS Energy
CMS Energy Description
CMS Energy (NYSE: CMS) is an energy company operating primarily in Michigan. It is the parent holding company of subsidiaries, including Consumers Energy Company (Consumers), an electric and gas utility, and CMS Enterprises Company (CMS Enterprises), primarily a domestic independent power producer (IPP). Consumers Energy serves individuals and businesses operating in the alternative energy, automotive, chemical, metal, and food products industries, as well as a diversified group of other industries. CMS Enterprises, through its subsidiaries and equity investments, is engaged primarily in IPP and owns power generation facilities fueled mostly by natural gas and biomass. It has three segments: electric utility, gas utility, and enterprises, its non-utility operations and investments.
PECO Energy propels energy currents in the five-county Philadelphia region. The utility, a subsidiary of Exelon, serves 1.6 million electricity customers and 485,000 natural gas customers. PECO Energy owns 29,000 circuit miles of regulated power transmission and distribution lines; its transmission assets are controlled by regional operator PJM Interconnection. The company also has about 6,600 miles of underground gas mains. In Pennsylvania’s deregulated electric supply market, PECO Energy is the provider of last resort (POLR) for customers who don’t choose an alternative generation supplier. The company is also pushing smart meters and green power sources to conserve energy and reduce carbon emissions.
Cypress Creek Renewables Description
Founded in 2014, Cypress Creek Renewables is one of the largest national solar energy company with offices across the U.S. Cypress Creek Renewables business model is primarily focused on utility-scale ground-mount projects from 2-10 MW. Cypress brings extensive development experience and very aggressive financing to create new opportunities in emerging solar markets. Their goal is to make solar an economically attractive option without additional state incentives.
Imperial Irrigation District Description
An emperor of utility services, the Imperial Irrigation District (IID) provides water primarily for agricultural users in Southern California’s Imperial Valley. The largest irrigation district in the US, IID maintains approximately 3,000 miles of canals and drains, including the 82-mile All-American Canal. IID also provides water to nine communities in the region. However, electricity, via 6,000 miles of power lines, accounts for a majority of the company’s sales. IID Energy operates hydroelectric and gas turbine power plants and provides electricity to more than 145,000 customers and 500,000 acres. A five-member board elected by district residents oversees IID. IID has two core businesses and one overarching mission – to keep the lights on and the water flowing.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom.
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As one of the world’s most innovative and sustainable energy companies, SunPower (NASDAQ: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools, and utilities around the globe rely on SunPower’s more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, and North and South America.
New York Power Authority Description
NYPA is the largest state public power organization in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 70 percent of the electricity NYPA produces is clean renewable hydropower. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.
Borrego Solar Systems Description
Established in 1980, Borrego Solar Systems is a leading engineer, developer, installer, financier and operator of commercial solar and energy storage systems in the United States. Borrego solar boasts nearly 470 megawatts of installations constructed and 570 MW under O&M management. Borrego Solar is a market leader and has the largest market share in Massachusetts and New York. The company’s mission is to solve the world’s energy problems by accelerating the adoption of renewable energy.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2018 revenue of $36 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100.
25.) Con Edison
Con Edison Description
Consolidated Edison, Inc. is an investor-owned energy delivery company and is headquartered in New York, New York. They provide a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc., and Con Edison Transmission, Inc. Con Edison of New York provides electric service to approximately 3.2 million customers and gas service to approximately 1.1 million customers in New York City and Westchester County. O&R provides electric service to 300,000 customers in southeastern New York and adjacent areas of northern New Jersey and eastern Pennsylvania and gas service to more than 126,000 customers in southeastern New York and adjacent areas of eastern Pennsylvania. Con Edison’s competitive energy businesses participate in segments of the electricity industry that are less comprehensively regulated than their regulated businesses. These segments include the operation of electric generation facilities, trading of electricity and fuel, sales of electricity to wholesale and retail customers, and sales of certain energy-related goods and services.
Pedernales Electric Cooperative Description
Founded in 1938 by then-Congressman Lyndon B. Johnson, PEC is a member-owned electric cooperative serving nearly 290,000 meters across Central Texas. An industry-recognized leader providing outstanding member service and reliable electricity, PEC conducts its business via a transparent and democratic process which highly encourages member participation.
27.) Key Capture Energy
Key Capture Energy Description
Key Capture Energy is an independent developer of utility-scale battery storage projects. They comprehensively study the grid for geographically and electrically beneficial market opportunities, research and select the best technology solutions to meet the needs of an evolving energy landscape. Key Capture Energy efficiently constructs and effectively operate large-scale energy storage projects that will change the grid of tomorrow.
Founded in 1852 and headquartered in Orange, Connecticut., Avangrid is an energy services and delivery company and a subsidiary of Spanish energy company Iberdrola. Avangrid is made up of two segments: Avangrid Networks and Avangrid Renewables. Through Networks, it owns electric generation, transmission, distribution companies, natural gas distribution, transportation, and sales companies in New York, Maine, Connecticut, and Massachusetts, The Renewables segment owns, develops, constructs, and operates electricity generation, including renewable thermal generators, and associated transmission facilities.
29.) El Paso Electric
El Paso Electric Description
El Paso Electric (EPE) is a regional electric utility providing generation, transmission and distribution service to approximately 428,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric’s common stock trades on the New York Stock Exchange under the symbol EE. Its service territory extends from Hatch, New Mexico to Van Horn, Texas and includes two connections to Juarez, Mexico and the Comisión Federal de Electricidad (CFE), Mexico’s national utility. EPE’s principal industrial and large customers include steel production, copper and oil refining, and United States military installations including the United States Army Air Defense Center at Fort Bliss in Texas and the White Sands Missile Range and Holloman Air Force Base in New Mexico. EPE has a net dependable generating capability of 1,852 MW. It’s facilities include a 15.8 percent interest in the Palo Verde Nuclear Generating Station in Wintersburg, Arizona, a 7 percent interest in the Four Corners Station in northwestern New Mexico, the Rio Grande Power Station in Sunland Park, New Mexico, the Newman Power Station and the Copper Power Station in El Paso and the Hueco Mountain Wind Ranch in Hudspeth County, Texas.
APS serves about 2.7 million people in 11 of Arizona’s 15 counties and is the Southwest’s foremost producer of clean, safe and reliable electricity. Using a balanced energy mix that is nearly 50 percent carbon-free, APS has one of the country’s cleanest energy portfolios, including both Palo Verde Generating Station and renewable energy. The company is also a proven leader in introducing technology and services that offer customers choice and control over their energy consumption.
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31.) PSEG Long Island
PSEG Long Island Description
Public Service Enterprise Group Incorporated (PSEG) (NYSE: PEG) is a publicly-traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG’s principal operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company included in the S&P 500 Index and has been named to the Dow Jones Sustainability Index for North America for 11 consecutive years.
Florida Power & Light Description
Founded in 1925 and headquartered in Juno Beach, Florida, Florida Power & Light Company (FPL) is an electric company in the United States. FPL is the third-largest electric utility in the United States, serving more than 4.8 million customer accounts or more than 10 million people across nearly half of the state of Florida. FPL’s typical 1,000-kWh residential customer bill is approximately 30 percent lower than the latest national average and, in 2015, was the lowest in Florida among reporting utilities for the sixth year in a row. FPL’s service reliability is better than 99.98 percent, and its highly fuel-efficient power plant fleet is one of the cleanest among all utilities nationwide. The company received the top ranking in the southern U.S. and second-highest ranking nationwide among large electric providers, according to the J.D. Power 2016 Electric Utility Residential Customer Satisfaction StudySM, and was recognized in 2015 as one of the most trusted U.S. electric utilities by Market Strategies International. A leading Florida employer with approximately 8,800 employees, FPL is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc., a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune’s 2016 list of “World’s Most Admired Companies.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun.
33.) Hecate Energy
Hecate Energy Description
Hecate Energy is a leading developer, owner, and operator of power plants in North America and internationally. Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations, and countries it serves.
34.) GE Energy
GE Energy Description
GE Energy is one of the world’s leading suppliers of power generation and energy delivery technologies, with 2007 revenue of $22 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas, and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE’s corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.
The subsidiary, GE Renewable Energy, is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 60 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. GE’s goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.
Tucson Electric Power Company (TEP), delivers safe, reliable power to more than 417,000 customers in the Tucson metropolitan area. TEP and its sister company, UniSource Energy Services (NYSE: UNS), are among a family of utilities owned by FortisExternal, Canada’s largest investor-owned gas and electric utility holding company. Fortis completed an acquisition of UNS EnergyExternal, TEP’s and UES’ parent company, in August 2014. TEP offers comprehensive energy services through reliable, traditional resources and a growing renewable power portfolio.
Central Hudson Gas & Electric Corporation Description
Central Hudson Gas & Electric Corporation is a regulated transmission and distribution utility delivering natural gas and electricity from the suburbs of metropolitan New York City north to the Capital District at Albany. Central Hudson Gas & Electric was founded in 1925 and is headquartered in Poughkeepsie, New York.
Tesla, Inc designs, develops, manufactures, and sells electric-powered vehicles, and effort generation and storage programs in the United States, China, Norway, and across the world. The company operates in two segments, Automotive, and Energy Generation and Storage. As of June 2018, Tesla sells the Model S, Model X and Model 3 vehicles, Powerwall and Powerpack batteries, solar panels, solar roof tiles, and other related products.
38.) S&C Electric Company
S&C Electric Company Description
S&C Electric Company is headquartered in Chicago, Illinois and was founded in 1909. The company specializes in the switching, protection, and control of electric power systems. their products include automatic switch operating boxes for power lines, indoor and outdoor circuit interruption switches, custom switchgear, and more.
39.) Consumers Energy
Consumers Energy Description
Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.7 million of the state’s 10 million residents in all 68 Lower Peninsula counties. Consumers Energy is the principal subsidiary of CMS Energy (#16), an international corporation that is a leader in energy infrastructure businesses.
40.) FuelCell Energy
FuelCell Energy Description
FuelCell Energy, Inc. (NASDAQ: FCEL) delivers state-of-the-art fuel cell power plants that provide environmentally responsible solutions for various applications such as utility-scale and on-site power generation, carbon capture, local hydrogen production for both transportation and industry, and long duration energy storage. Their systems cater to the needs of customers across several industries, including utility companies, municipalities, universities, government entities and a variety of industrial and commercial enterprises. With their megawatt-scale SureSource™ installations on three continents and with more than 9 million megawatt hours of ultra-clean power produced, FuelCell Energy is a global leader in designing, manufacturing, installing, operating and maintaining environmentally responsible fuel cell distributed power solutions.
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