Solar PV Market - Top Companies and Manufacturers

Companies Dominating the Solar PV Landscape

Some of the key marketing methods employed by the top market players to hold onto their positions include supply contracts, agreements, contracts, partnerships, new product development, business expansions, collaborations, and mergers and acquisitions. The leading solar PV market companies are:

First Solar
- Company Overview
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- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Tata Power Solar Systems Ltd.
Canadian Solar Inc.
Wuxi Suntech Power Co. Ltd
Nextera Energy Sources LLC
BrightSource Energy Inc.
SunPower Corporation
Vivaan Solar Pvt. Ltd.
Waaree Group
Jinko Solar

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Solar PV Market Size & Share, Growth Trends 2036

In the News

Recurrent Energy, a global developer and owner of solar and energy storage assets and a subsidiary of Canadian Solar Inc., announced on May 2024 that it has successfully negotiated a €1.3 billion (USD 1 Billion) multi-currency revolving credit facility with ten banks to fund the development of renewable energy projects across several European nations. In Seville, Spain, Recurrent Energy and the collaborating financial institutions signed the contract.
JinkoSolar Holding Co., Ltd. one of the biggest and most inventive firms in the world, announced on May 13, 2024, that they are releasing its Tiger Neo modules to a solar power plant in Lobstädt, Germany (The Witznitz Solar Park). The overall module capacity of the Witznitz Solar Park is 650 MW. More than 1.1 million Tiger Neo modules have been supplied to the location by JinkoSolar.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of solar PV was over USD 317 billion.

The market size for solar PV is projected to cross USD 641 Billion by the end of 2036 expanding at a CAGR of 26% during the forecast period i.e., between 2024-2036.

The major players in the market are First Solar, Tata Power Solar Systems Ltd., Canadian Solar Inc., Wuxi Suntech Power Co. Ltd., Nextera Energy Sources LLC, BrightSource Energy Inc., SunPower Corporation, Vivaan Solar Pvt. Ltd., Waaree Group, Jinko Solar, Panasonic Corporation, Sharp Corporation, Mitsubishi Electric Corporation, Kyocera Corporation, Hitachi, Ltd, and others.

In terms of deployment, the ground-mounted segment is anticipated to account for the largest market share of 70% during 2024-2036.

The APAC solar PV sector is poised to hold the highest share of 40% by 2036.

Solar PV Market - Top Companies and Manufacturers

Companies Dominating the Solar PV Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the solar PV industry?

What is the outlook for the solar PV market?

Who are the major players dominating the solar PV landscape?

Which deployment segment will capture the significant market share for solar PV by 2036?

Which region will provide more opportunities for the solar PV business in the near future?