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
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- Recent Development
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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 2037

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 2025, the industry size of solar PV is estimated at USD 476.54 billion.

The solar PV market size was over USD 397.65 billion in 2024 and is anticipated to cross USD 7.08 trillion by 2037, witnessing more than 24.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by rising installation of solar PVs across the world.

Asia Pacific industry is anticipated to hold largest revenue share of 40% by 2037, influenced by rising consumption of energy in this region.

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.

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)

What is the size of the solar PV market?

Why is the solar PV sector gaining traction in near future?

Which region accounted for the largest solar PV industry share?

Who are the major solar PV players?