China is home to many of the largest solar companies in the world. As of 2019, Jinko Solar, headquartered in Shanghai was the leading solar company that generated nearly 4.2 billion U.S. dollars.
Canadian Solar
Based on revenue, Canadian Solar was one of these companies (also with headquarters in Canada), generating 3.2 billion U.S. dollars in 2019. Canadian Solar has business subsidiaries in most continents of the world and is a manufacturer of solar photovoltaic modules and other solar energy products.
Solar company trends
Solar companies that are investing in technological innovations and encouraging sustainable infrastructure will provide the structure for market growth in the coming years. Incorporating other technologies like energy storage or information technology will also be essential in the future, along with a growth in distributed power systems. Some companies are focusing on integrating downstream and upstream players, while others are aiming to make owning solar panels more accessible for homeowners.
Leading solar companies in financial year 2019, based on revenue
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
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Yingli : value for the year 2018. Hanwha Q Cells : Value for 2017. SMA : The value for the 2019 financial year was converted from euros to US dollars (1 euro = 1.12156 USD, December 31, 2019).
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Statista. (May 9, 2019). Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/
Statista. "Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars)." Chart. May 9, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/
Statista. (2019). Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/
Statista. "Leading Solar Companies in Financial Year 2019, Based on Revenue (in Million U.S. Dollars)." Statista, Statista Inc., 9 May 2019, https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/
Statista, Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars) Statista, https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/ (last visited July 22, 2024)
Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars) [Graph], Statista, May 9, 2019. [Online]. Available: https://www.statista.com/statistics/268678/revenue-of-the-leading-solar-companies/
