Does the Earth have potential energy?

[Sultan Abdullah]

well, we say that an object on Earth has a potential energy that is dependent on its position, i.e height. In this case we take Earth as reference point, similarly if we take sun as reference point, the Earth should have some sort of potential energy.

 

[DrClaude]

Yes, Earth as gravitational potential energy with respect to the Sun.

Note that to be completely correct, you should say that the two bodies have gravitational potential energy between themselves.