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)
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).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (May 9, 2019). Leading solar companies in financial year 2019, based on revenue (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 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 December 21, 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: December 21, 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 December 21, 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/
