Basic information - SMA is a leading solar energy company, headquartered in Germany, providing energy storage solutions and grid management systems.
- Zincosolar operates out of China and Europe and offers inverters, panels and mounting systems. The company, which has grown rapidly over the last decade, is based on IHS technology.
- Sharp Solar is headquartered in Japan and currently operates in more than 100 countries. The company, which has been around for nearly four decades, has developed some of the most efficient solar cells in use today.
The solar energy industry is one of the fastest growing industries. Thanks to the Federal Investment Tax Credit (ITC) implemented in 2006, many Americans are turning to solar energy. Today, more than two million homes in the United States use solar energy and that number is expected to grow in the coming years. It seems that nothing can stop the growing demand for clean energy. Many commercial and residential owners find it difficult to collect ITC despite the high cost of photovoltaic (PV) panels. So if you want to harness the power of the sun, it's important to find the right solar panel company for your project. This article outlines the top ten solar panel companies in the world, their annual revenue, and how they're making waves in the industry.
Hanwha Q Cell - Market Value: $817.76 million
© Computer History Hanwha Q Sales is a subsidiary of Hanwha Corporation. © rafapress/Shutterstock.comHanwha Q Cells is a South Korean company that manufactures solar cells and modules. Today, the company holds the number one market share in the US residential and commercial markets. It supplies high quality products for residential, commercial and utility projects around the world. As one of the largest PV cell manufacturers in the world, Hanwha Q Cell is able to offer competitive prices for its products. It uses the latest technology to produce high quality solar panels that require less space to produce enough electricity for residential use. Its products are among the most efficient solar panels on the market today.
SMA Solar Technologies - Market value: $1.70 billion
© History Computer SMA is one of the leading manufacturers of solar inverters. © Igor Golovnyov / ShutterstockSMA is a global leader in the solar energy sector and one of the largest manufacturers of solar inverters. It is headquartered in Germany with offices worldwide, but has established a strong presence in Europe, Asia and North America. The company offers other products including energy management solutions and network management systems. They have been around since the 1970s and are constantly innovating new technologies to improve their products. Committed to providing high quality products at competitive prices.
SMA inverters convert direct current (DC) from solar panels into alternating current (AC), which is then fed into the grid. They pioneered this technology and their products are the most reliable on the market today.
JinkoSolar Holdings Limited - Market value: $2.85 billion
© Computerized HISTORY Jinko Solar has factories in China and Europe. © Lutsenko_Oleksandr / Shutterstock.comZincosolar is one of the largest solar panel companies in the world with factories in China and Europe offering a wide range of solar products including panels, mounting systems and inverters. The company has multiplied over the past decade, expanding its manufacturing capacity to meet the growing demand for solar energy solutions. It uses IHS technology, which in 2015 placed it among the three largest solar module manufacturers in the world. Zincosolar offers more efficient, durable and affordable products than similar panels on the market. It has gained a competitive edge in the solar energy industry by focusing on innovation and quality.
Canadian Solar Inc. (CSIQ) - Market value: $2.86 billion
© History Computers offers competitively priced Canadian solar energy products. © Shutter Photography B / Shutterstock.comCanadian Solar Inc. (CSIQ) is the world's leading manufacturer of solar PV modules, which focuses on research, development and innovation. Offering high quality products at competitive prices. Its core competencies are manufacturing, engineering and project development. While Canadian Solar is a leader in solar PV technology, it is continually expanding its product line and improving the efficiency of its manufacturing process. He designed one of the first commercially available thin-film drives and is committed to providing customers with the best possible product. The company has been in operation since 2001 and is headquartered in Ontario, Canada. It has more than 14,000 employees worldwide and offices in the United States, Europe and Asia.
SunPower - Market value: $3.97 billion
© Provided by History Computer In the design and manufacture of photovoltaic cells and crystalline silicon solar cells, SunPower is one of the largest manufacturers of solar panels in the world. © Michael V / shutterstock.comIt is a US-based solar energy company founded in 1985 and has since grown into one of the largest solar panel manufacturers in the world with operations in the US, Europe and Asia. It provides reliable solutions for those wishing to install solar panels in their residential or commercial buildings. It has been at the forefront of solar technology since its inception. Therefore, it is a one stop shop for project modules, design, installation and maintenance services. It is one of the first solar panel manufacturers to develop and implement highly efficient solar panels. The company prides itself on its exceptional customer service and commitment to providing the best experience for its customers.
Sharp Solar - Market value: $4.56 billion
© Provided by History Computer Founded in 1912, Sharp is the parent company of Sharp Solar, founded in 1959. © Karolis Cavolelis / Shutterstock.comWhat started out as a small project has grown rapidly over the past few decades. With offices in more than 100 countries and more than 8,000 employees, Sharp Solar is today one of the world's leading manufacturers of solar panels. It is based in Japan and has been in business for over 40 years. Dedicated to the environment, Sharp Solar is one of the most innovative solar panel companies in the world. He uses his technology and expertise to help reduce carbon emissions around the world. It has produced some of the most efficient solar cells today. Solar panels are ideal for homes, businesses, farms and schools.
Primo Sole - Market value: $13.47 billion
© History First Solar has grown into one of the most successful solar companies in the world. © t. Schneider/Shutterstock.comFirst Solar is a global provider of solar energy services headquartered in Tempe, Arizona. The company has strived to make the benefits of solar energy accessible and affordable for homeowners and businesses. First Solar set out to develop highly efficient solar panel technology, hoping to produce more electricity from each panel than its competitors. This makes it one of the most efficient solar energy companies in the world and one of the largest producers of solar panels. First Solar is a vertically integrated manufacturer known for the design, manufacture and installation of photovoltaic systems for commercial, industrial and utility applications. Solar panels use thin-film technology, which makes them more flexible and efficient than traditional crystalline silicon panels.
Trina Solar - Market value: $19.94 billion
Trina Solar is a leading global manufacturer of solar panels, with over 25 years of experience in the industry. It is headquartered in China and has manufacturing facilities around the world, including Europe and the United States. Trina Solar has an annual capacity of over 100 GW. It has a good reputation for the quality of its products. This company focuses on developing innovative technologies and maximizing efficiency. It also prioritizes the production of environmentally friendly products. This explains the commitment to using recycled materials and low environmental impact production processes.
Kyocera Solar - Market value: $20.71 billion
Kyocera Solar is a subsidiary of the Japanese company Kyocera Corporation, which has been operating since the 1920s. Kyocera Solar has become one of the largest solar panel manufacturers in the world. It has a strong presence in Japan and plans to expand to countries in Europe, Asia and North America. Solar panels are designed for both residential and commercial use. The company also manufactures energy storage solutions and solar-powered devices. It uses its business model to sell its technology to other players in the industry.
Lungi Solar - Market Cap: B57.92.00
© HISTORY COMPUTER Sama Jaya Free Industrial Zone is an industrial park in Malaysia leased by Longyi. © Pro Aerial Master / Shutterstock.comLongi Solar Technology is one of the most valuable brands in the solar energy industry. It produces photovoltaic modules and silicon wafers. This company breaks the bank and offers high quality solar panels and professional advice under one roof. It is always at the forefront of the most advanced solar technologies, including N-Type Topcon, P-Type HJT, P-Type Topcon and N-Type HJT. While serving the global market, Longyi Solar operates in China, Malaysia, Yunnan and Kuching.
Conclusion
Thinking of switching to solar energy? Solar panels are a great investment for anyone looking to harness solar energy. However, you want to work with a solar company that can meet your needs by providing quality and value for money. If you're wondering where to find subject matter experts, our list is a great place to start. Go ahead, weigh your options and find the right one for your project.
Summary of the 10 largest solar panel companies in the world
Are you looking for ways to reduce your monthly expenses? A solar panel system for your home or business is a double win. This will save you money and increase the value of your property.
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