'Big Oil' - that's the past. In the meantime, big oil and gas companies are fighting for a share of renewable energies. However, the competition is fierce, because some global players started to rely on these technologies, which were still new at the time, decades ago and now dominate the market.
When it comes to investments in renewable energies, Iberdrola from Spain and Enel from Italy are at the forefront. For several years now, they have been driving the energy transition and promoting the expansion of renewables. NextEra Energy in the U.S. and Danish offshore specialist Ørsted have also been committed to the energy transition early on.
In recent years, the number of companies wanting to get involved in the renewables business has grown steadily, because the ...