Top 10 Solar Companies In The World

Tim Hamlin
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Jinko Solar

LONGi Solar

LONGi has been a main player in solar energy field. The company is known for not only for its modules but also for its innovative techniques in the manufacturing process. It has also created various upgrade opportunities for its own products.

As of 2015, LONGi advanced to CIGS thin-film solar modules as a new generation product, which could greatly reduce costs when made on large scales.

The company also has very strong interest in the upstream and downstream side of the industry. LONGi has been very successful in investing on solar power plants, which is why as of end of 2015, the company is able to own a total of more than 400 MW of projects.

LONGi has a range of products including c-Si and CIGS thin-film solar modules, PV cells, PV products, and equipment. The company has a high presence in the European, US, Brazil, and Asian markets.

JA Solar

JA Solar is one of the largest photovoltaic solar energy manufacturers in the world and their products are used in over 10,000 projects around the globe.

They produce solar photovoltaic modules for solar power markets, including solar power plants, home and building integrated installations, non-residential solar applications such as large parking lot structures, rural electrification, and emergency power systems.

JA Solar is a joint stock company founded in 2005 and headquartered in Xiamen, China.

Canadian Solar

/ Canadian Solar Inc. (NASDAQ: CSIQ)

This Vancouver, Canada-based photovoltaic company has manufactured solar panels for over 35 years, but it really got on the radar in 2008 when it merged with ET Solar. After this merger, Canadian Solar become one of the largest solar panel manufacturers in the world. The company has 11 manufacturing plants located throughout the world, including locations in Canada, the United States, Germany, Brazil, Italy and China.

It has continued to grow and in 2013, Canadian Solar installed over 1.2 GW of solar power systems, a 220% increase from the year before. Currently, various estimates show that Canadian Solar is the world’s second-largest solar panel producer after Yingl Solar.

Trina Solar

Trina Solar is the largest solar panel manufacturer in the world, operating out of Wuxi, China with five manufacturing locations and over 5GW of solar panel manufacturing capacity. Trina Solar is in a joint partnership with Yingli Solar, and both companies are separate from one another, but have merged to supply the US with panels from China. Yingli Solar is the leading company in the world for total solar panel production capacity. Trina Solar has been in a joint venture with Yingli since 2008.

Trina Solar was founded in 1997 in China and began manufacturing solar panels in 2003. In 2005, Trina Solar introduced thin film solar panels, which is a layered semiconductor using copper-indium-gallium-selenide (CIGS). Panels using CIGS thin film solar cells are lightweight, flexible, and easy to transport. In 2006, Trina Solar became a publicly traded company and became the first Chinese solar technology company to list its stock on the New York Stock Exchange and NASDAQ, raising funds to build new solar panel manufacturing plants.

In 2013, Trina Solar was named number one in the world for solar module efficiency by EnergyTrend. Trina Solar is world renowned for its 60 cell six string solar panels, and introduced its 72 cell six string solar panels in 2014. Trina Solar has been recognized in Newsweek magazine, TIME magazine, and other major news outlets and solar equipment review sites.

SunPower Corp

SunPower is one of the leading and most reputed solar panel and solar energy product company, now owns both the photovoltaic and solar thermal power business of SunPower.

The company’s products are dedicated to providing a variety of solar panels that are either for the residential use or the commercial use.

SunPower corporation was actually incorporated in 1990 but went public in 1995.

Just like in the case of most publicly held businesses that are oriented towards solar energy, the company started off by manufacturing solar cells and was later on joined by the solar panels.

During this time, the company even had to face a couple of roadblocks but it was finally successful in settling the debts and has been making a lot of profit since then.

The company is currently headed by Dr. Tom Werner, who had been with the company since 2005.

He was then chosen to replace Richard Swanson, who was the founder of SunPower.

The stock has been going up ever since SunPower was taken over by the China's Hanergy Holding Group Company, which is allegedly a multi-billion dollar business conglomerate. The positive growth continues today even after the financial crisis.

In the year 2008, this company has reported that its growth rate had reached up to a massive 165 percent.

The company is a great choice to choose from if you are looking for a reliable long term investment option.

Hanwha Q Cells

Hanwha Q CELLS is a photovoltaic manufacturer headquartered in Seoul, South Korea. The company was founded in June 2006, and since then, all of its production sites have been located in South Korea.

Their main products are crystalline silicon solar panels used for commercial, residential, and utility-scale solar power generation. Their solar panels are used in grid-connected and off-grid PV power plants as well, including solar farms.

Until now, the company has already expanded its production sites to Europe as well, where it based in Thalheim, Germany. To date, it has invested in more than 5 GW of solar power plant projects. The company has been awarded the titles of "Solar Supplier of the Year" in 2015 and "Solar Cell Manufacturer of the Year" in 2016 by Solar Power Europe.

Their reach is global; in the US, Hanwha Q CELLS has already established two manufacturing facilities in Georgia and South Carolina completing its new solar manufacturing portfolio in 2017, owning the company to the dual ranking of number 1 largest GCL PV module manufacturer and number 1 largest GCL module manufacturer.

Hanwha Q CELLS is publicly traded on the Korea Exchange (KSE) under the ticker listing "QCE."

First Solar

Founded: 2002

Headquarters: Tempe, Arizona

Parent Company: First Solar Inc.

Employees: 3,500

Industry: Solar

First Solar is the first vertically integrated, cadmium-telluride thin film manufacturer in the world. It is also one of the world’s largest developers of utility-scale photovoltaic (PV) power projects.

First Solar has manufactured and delivered over 8GW of PV modules, globally. Mono-Si cells manufactured at its Perrysburg, Ohio factory are used in its own PV modules, and its affiliate, FSG Solar, supplies mono-Si wafers to other PV cell and module manufacturers.

First Solar employs more than 700 people in its Perrysburg, Arizona and Frankfurt, Germany facilities. In addition, its module assembly and testing facility in Blythe, California employs approximately 400 people. First Solar’s affiliate, Kyocera Solar, Inc., employs two additional groups of people — those who manufacture its solar modules at its facility in Newport Beach, Calif., and approximately 200 in a sales and marketing group located in East Orange, New Jersey.

First Solar’s plants in Perrysburg and Blythe, combined with its third party manufacturing plants in Asia, produce approximately 700MW of PV modules annually.

GCL- System Integration

This company is one of the leading worldwide suppliers of multicrystalline silicon ingots. They are a large supplier to many solar-grade wafers and solar silicon industry. This includes solar cells and solar panels.

They also supply a wide variety of solar-grade silicon wafers to solar power projects. The company provides excellent services which ensure that their customers are satisfied with their products and services. They also supply solar pieces used in the automotive sector.

They provide solar power solutions for all stages of solar cell production. They provide solar products such as silicon ingots, solar silicon wafers, and solar silicon solar power cells. Their ingots are solid crystallized ingots of silicon. Also, they provide solar silicon, which is used in solar power projects.

They give good quality of solar silicon and that too in a short time to their customers. The Company has manufacturing plants in China and the United States of America. They have offices in both China and the USA.

In their supply chain management, the Company has their suppliers licensed and approved. They follow all the norms and standards.

The Company provides their customers with a secure solar power system, which is economical, safe, and easy to maintain. They provide solar solutions for all kinds of home and business needs. They give good solar panels, batteries, solar field structures, and PV modules.

LG Energy

Solar Panels Are Made In: the U.S., Germany, and the UK

Leading solar energy provider, servicing North and South America, Europe, Africa and Asia.

Also offers water saving technology and appliances, fuel cells technology, and water treatment technology.

LG is also increasingly focusing on solar energy service through partnership with Google RE<C.

FINAL THOUGHTS

Companies are becoming more aware of their impact on the environment (even the relatively small one that we live on) and thus, they are working towards making a difference by providing viable sources of renewable energy.

Solar energy is not a passing fad and it is the direction the whole world is moving. If you want to provide renewable energy for your home and are looking for a professional solar energy company, look no further. DC Solar is a great option because it is committed to using the most eco-friendly methods for all its projects.