Spanish multinational electric utility company Iberdrola registered a 12.2% year-on-year revenue growth to $39.79bn in 2018. Iberdrola – $39.79bn Iberdrola’s net profit grew by 7.5% to $3.4bn in 2018. The GE Renewable Energy segment provides onshore and offshore wind turbines and blades, as well as hydropower solutions. The GE Power segment provides products and services related to energy production, while the GE Lighting segment develops lighting solutions. Revenue from its renewable energy segment, however, increased by 4% during the year. The company’s revenue from the power segment decreased by 22%, whereas that from the lighting business dropped by 11%. The three segments respectively contributed $27.3bn, $9.53bn, and $1.7bn to the company. General Electric’s (GE) three energy segments Power, Renewable Energy, and Lighting generated $38.5bn in revenues, accounting for 31.7% of the company’s total revenue of $121.6bn during the year. General Electric Co – $38.5bn General Electric’s (GE) Power, Renewable Energy and Lighting segments contributed $38.5bn revenues in 2018. Siemens Gamesa Renewable Energy, which is engaged in the wind power business, reported a 5% decrease in revenue, but an 8% increase in orders. The Energy Management segment engaged in the supply of power transmission and distribution products, reported a 5% increase in revenue, but a 10% decrease in orders. The Power and Gas segment, which provides products and solutions for the operation of fossil fuel and renewable power plants, witnessed a 14% decrease, while the total orders in this segment increased by 14%. Siemens’ energy segments, including Power and Gas, Energy Management, and Siemens Gamesa Renewable Energy, contributed $14.13bn, $13.93bn, and $10.36bn respectively to its total consolidated revenue of $94.35bn in 2018. Siemens – $38.42bn Siemens’ Power and Gas segment generated $14.13bn in revenue in 2018. The European Commission (EC) approved the acquisition of E.ON and Innogy’s renewable businesses by RWE in February 2019. It also operates a nuclear power business in Germany through PreussenElektra. The company’s Non-Core Business accounted for 4% of the total revenue.Į.ON operates more than 5GW of renewable power plants worldwide. Its Energy Networks segment accounted for 29.5% of the total revenue during the period, followed by Customer Solutions 20%, and the Renewable segment 3.3%. Germany-based, privately owned international energy company E.ON’s revenues for the year ending September 2018 stood at $36.93bn. E.ON – $36.93bn E.ON’s revenue for the year ending September 2018 was estimated at $36.93bn.
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