Replacing Oil

Here is a rundown of the largest publicly traded companies that manufacture wind energy equipment. All of the companies in this list of wind turbine stocks to buy is arranged by descending market cap as of late 2011. If you’re looking for up to date posts about specific wind turbine stocks click here, instead.

General Electric

You might be a bit surprised to find General Electric at the top of this list. Remember it is arranged by market cap, so they definitely belong at the top. You might be surprised to learn that GE is one of the world’s leading wind turbine suppliers. They recently announced a deal with BP Wind Energy for 350 1.6 megawatt wind turbines including services for an estimated $750 million. GE produces wind turbines ranging from 1.5 to 4.1 megawatt each along with all necessary support services and development assistance.

Emerson Electric Co.

Like GE, Emerson Electric Co. is a diversified global technology company that builds wind turbine equipment. They are the parent company of wind turbine control product manufacturer, SSB Wind Systems. They also manage Control Techniques, a company that makes equipment that converts turbine output to the AC voltages required by commercial power grids. Another of Emerson Electric’s name brand products are the Leroy-Somer generators that you’ll find in many of the world’s wind turbines.

Molycorp, Inc.

Molycorp, Inc. isn’t a manufacturer of complete wind turbines, they are a rare earth oxide producer. Their products are often used, however, in wind power turbines and a variety of other high tech uses. The potential demand for rare earth metals produced by Molycorp are poised for some explosive growth over the next decade.

Keep your eye on this page for more wind power stocks to buy in the near future!