Solar energy is taking the world by storm. Many areas are offering incentives to residents in order to encourage them to get solar panels installed. Do you know which solar companies are making the most money around the world?
This visualization from Solar Power Guide examines the annual revenue data for some of the top solar companies that are currently publicly traded in either the U.S. or Canada to see which companies were the most successful based on their revenues.
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The following are the largest solar companies ranked by revenue:
The top company on the list is JinkoSolar, located in Shanghai, with revenue of $4.6 billion. It is the world’s largest solar panel manufacturer. It went public on the New York Stock Exchange in 2010 and distributes its products to commercial and residential customers around the world, including China, the United States, Germany, United Kingdom, and Canada.
Second on the list is Canadian Solar, with revenue of $3.2 billion. The company produces solar PV modules and was founded in Ontario, Canada, in 2001. They went public in 2016 on NASDAQ. Most of Canadian Solar’s production is done in Canada and China, and their plant in Ontario has a capacity of more than 500 MW per year.
The third company on the list is First Solar, which is based in the United States. It went public in 2006 and was listed as number one on Solar Power World magazine’s list of solar contactors in 2012 and 2013. The company has its headquarters in Tempe, AZ, and is one of the top solar providers in the U.S.
Fourth on the list is GCL-Poly. This solar company is based in Hong Kong, was founded in 1996, and is the largest supplier of polysilicon in China. It is also one of the leading suppliers of electronic wafers for the solar industry.
Coming in at number five on the list of top solar providers is SunPower. It was created in 1985 in San Jose, CA, and is a leading seller of panels, mounting hardware, batteries, and monitoring software.
The following is the full ranking of solar companies ranked by their 12-month trailing revenue as of September 2020:
|JinkoSolar Holding Co. Ltd.||$4,600,000,000||Shanghai||China|
|Canadian Solar Inc.||$3,200,000,000||Guelph, Ontario||Canada|
|First Solar Inc.||
|Tempe, AZ||United States|
|GCL-Poly Energy Holdings Ltd.||$2,800,000,000||Hong Kong||Hong Kong|
|SunPower Corp.||$1,900,000,000||San Jose, CA||United States|
|SolarEdge Technologies Inc.||$1,600,000,000||
|Xinyi Solar Holdings Ltd.||$1,200,000,000||Wuhu, Anhui||China|
|Yingli Green Energy Holding Co. Ltd.||$1,200,000,000||Baoding, Hebei||China|
|SMA Solar Technology AG||$1,200,000,000||Niestetal, Hesse||Germany|
|Atlantica Sustainable Infrastructure PLC||$972,400,000||Brentford||United Kingdom|
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