| Rank | Logo | Company | Market Cap | Country |
|---|---|---|---|---|
| 1 |  | CATL | $264.92 B | China |
| 2 |  | GE Vernova | $231.61 B | USA |
| 3 |  | Nextera Energy | $190.24 B | USA |
| 4 |  | Iberdrola | $152.32 B | Spain |
| 5 |  | Siemens Energy | $142.91 B | Germany |
| 6 |  | Constellation Energy | $112.02 B | USA |
| 7 |  | Enel | $109.07 B | Italy |
| 8 |  | Southern Company | $107.29 B | USA |
| 9 |  | Equinor | $102.79 B | Norway |
| 10 |  | Duke Energy | $100.70 B | USA |
| 11 |  | China Yangtze Power | $96.67 B | China |
| 12 |  | National Grid | $84.84 B | UK |
| 13 |  | ENGIE | $79.77 B | France |
| 14 |  | TAQA | $76.21 B | UAE |
| 15 |  | American Electric Power | $69.49 B | USA |
| 16 |  | Sempra | $62.04 B | USA |
| 17 |  | E.ON | $58.10 B | Germany |
| 18 |  | LG Energy Solution | $58.05 B | S. Korea |
| 19 |  | Vistra | $56.34 B | USA |
| 20 |  | Dominion Energy | $53.67 B | USA |
| 21 |  | Exelon Corporation | $49.30 B | USA |
| 22 |  | Xcel Energy | $49.21 B | USA |
| 23 |  | RWE | $47.49 B | Germany |
| 24 |  | Entergy | $46.69 B | USA |
| 25 |  | SSE | $42.79 B | UK |
| 26 |  | Endesa | $42.19 B | Spain |
| 27 |  | PSEG | $41.10 B | USA |
| 28 |  | Consolidated Edison | $40.70 B | USA |
| 29 |  | PG&E Corporation | $39.76 B | USA |
| 30 |  | NTPC Limited | $38.92 B | India |
| 31 |  | WEC Energy Group | $37.56 B | USA |
| 32 |  | Dubai Electricity and Water Authority (DEWA) | $36.34 B | UAE |
| 33 |  | ACWA POWER Company | $34.64 B | S. Arabia |
| 34 |  | Adani Power | $31.25 B | India |
| 35 |  | ČEZ Group | $30.86 B | Czech Republic |
| 36 |  | DTE Energy | $30.47 B | USA |
| 37 |  | China General Nuclear Power Group (CGN) | $30.22 B | China |
| 38 |  | Ameren | $30.14 B | USA |
| 39 |  | Powergrid Corporation of India | $29.61 B | India |
| 40 |  | Ørsted | $28.87 B | Denmark |
| 41 |  | FirstEnergy | $28.79 B | USA |
| 42 |  | Fortis | $28.47 B | Canada |
| 43 |  | PPL | $28.30 B | USA |
| 44 |  | Naturgy | $28.20 B | Spain |
| 45 |  | CenterPoint Energy | $28.18 B | USA |
| 46 |  | Edison International | $27.52 B | USA |
| 47 |  | Eversource Energy | $26.58 B | USA |
| 48 |  | Verbund AG | $26.47 B | Austria |
| 49 |  | Hydro One | $25.64 B | Canada |
| 50 |  | EnBW Energie | $25.57 B | Germany |
| 51 |  | AXIA Energia SA | $24.13 B | Brazil |
| 52 |  | CLP Group | $23.78 B | Hong Kong |
| 53 |  | CMS Energy | $23.59 B | USA |
| 54 |  | Vestas Wind Systems | $23.49 B | Denmark |
| 55 |  | Fortum | $22.79 B | Finland |
| 56 |  | Terna | $22.65 B | Italy |
| 57 |  | NiSource | $22.22 B | USA |
| 58 |  | Samsung SDI | $21.71 B | S. Korea |
| 59 |  | Tenaga Nasional | $21.34 B | Malaysia |
| 60 |  | EDP Group | $20.72 B | Portugal |
| 61 |  | Korea Electric Power | $20.63 B | S. Korea |
| 62 |  | Brookfield Renewable Partners | $20.36 B | Bermuda |
| 63 |  | LONGi Green Energy Technology | $20.34 B | China |
| 64 |  | nVent Electric | $19.34 B | UK |
| 65 |  | Uniper | $18.86 B | Germany |
| 66 |  | Evergy | $18.66 B | USA |
| 67 |  | Alliant Energy | $18.26 B | USA |
| 68 |  | Goldwind Science&Technology | $18.24 B | China |
| 69 |  | KEPCO | $18.16 B | Japan |
| 70 |  | Nextpower | $17.29 B | USA |
| 71 |  | Huaneng Power International | $17.01 B | China |
| 72 |  | Power Assets | $16.92 B | Hong Kong |
| 73 |  | SDIC Power Holdings | $16.89 B | China |
| 74 |  | Saudi Electricity | $16.59 B | S. Arabia |
| 75 |  | Elia Group | $16.48 B | Belgium |
| 76 |  | China Longyuan Power Group | $16.16 B | China |
| 77 |  | EDP Renováveis | $15.92 B | Spain |
| 78 |  | Talen Energy | $15.28 B | USA |
| 79 |  | Adani Green Energy | $15.11 B | India |
| 80 |  | SPEEH Hidroelectrica | $14.66 B | Romania |
| 81 |  | Origin Energy | $14.28 B | Australia |
| 82 |  | Tata Power | $13.66 B | India |
| 83 |  | Adani Energy Solutions | $12.98 B | India |
| 84 |  | China Resources Power Holdings | $12.54 B | Hong Kong |
| 85 |  | Chubu Electric Power | $12.26 B | Japan |
| 86 |  | Pinnacle West Capital | $12.07 B | USA |
| 87 |  | OPC Energy | $11.99 B | Israel |
| 88 |  | Hitachi Energy India | $11.79 B | India |
| 89 |  | Datang International Power Generation Company | $11.21 B | China |
| 90 |  | Sichuan Chuantou Energy | $10.93 B | China |
| 91 |  | Forgent Power Solutions | $10.70 B | USA |
| 92 |  | Zhejiang Zheneng Electric | $10.61 B | China |
| 93 |  | Enlight Renewable Energy | $10.56 B | Israel |
| 94 |  | CPFL Energia | $10.39 B | Brazil |
| 95 |  | BKW AG | $10.21 B | Switzerland |
| 96 |  | AES | $10.08 B | USA |
| 97 |  | OGE Energy | $9.75 B | USA |
| 98 |  | Gotion High-tech Co.,Ltd. | $9.72 B | China |
| 99 |  | Equatorial Energia | $9.66 B | Brazil |
| 100 |  | Canadian Utilities | $9.55 B | Canada |
