Top Solar Companies Worldwide in 2023

When it comes to global warming and environmental problems, we are at a point of no return. Using fuels and fossils has proven expensive and has become deadly to the environment. Here, our top solar companies worldwide strongly recommend using solar energy, which has proven to be an environmentally friendly and cheap energy source.

Scientists refer to the process where light photons flow to generate electricity as photovoltaic. Many companies have made large enterprises generate more energy using sunlight.

This article will give you a step-by-step tool that has enabled the solar industry to grow large. The solar industry is growing rapidly, and it is very mind-blowing. 

Solar manufacturers have gained more recognition worldwide, and their production rate is rising. With all that said, let us have a look at some of the best solar companies in the world today.

Jinko Solar: Fastest growing Solar Company

Let us start with the fastest growing and very prolific producer of solar. It is called Jinko solar, which is in Shanghai, China. In 2006 it began as a wafer manufacturer but had transformed to become one of the leading manufacturers of solar panels globally in just ten years. In 2018 they became the primary producer of solar in the world. 

They managed to ship 11.4 GW of solar modules worldwide, with total revenue of $3.64 billion lower than in 2017. Now, they are producing 18GW higher than ever before globally. Jinko solar works on photovoltaic modules and monocrystalline.

But they have recently introduced the black eagle. The black eagle is a nanoscale module capable of absorbing 99.7%, can absorb more light than the standard panels, and operates at peak performance even on cloudy days. 

Jinko solar has a customer base in all continents, and they boast international recognition. Jinko Solar has manufacturing plants in Europe, the middle east, Australia, America, and Asia, and it has employed over 13,500 employees in all its subsidiaries. They have a very reasonable price of %2.5 to $3 per watt, making it affordable for most homes worldwide.

LONGi Solar: Most extensive Solar Company

LONGi Solar is one of the most extensive monocrystalline solar panel modules globally, with its headquarters located in Xi’an, China. The SMSL has inaugurated its latest and newest high efficiency monocrystalline solar panels module in Chuzhou, China. It has a 5GW power capacity with an investment of %328million. 

LONGi Solar is setting up a plant in Andhra Pradesh in India, increasing sales and making them superior in the Indian market. LONGi Solar will produce 45GW of solar panels in 2020 and break the 13GW barrier thanks to the new numbers.

TUV Rheinland awarded LONGi Solar first in the solar panel’s best performance in 2018, making it one of the solar companies with high-end solar production. DNV-GL laboratories selected LONGi Solar as a top-performing brand, and Bloomberg presented them in tier -1 on their list.

JA Solar: A Solar Company leading in solar panel production 

JA Solar is another giant Chinese company that is a leader in solar panel production founded in 2005. Its headquarters are in Shanghai, China, and the other important quarter is in Ningjin. They produce both monocrystalline and photovoltaic solar panel modules. 

They manufacture, design, and sell in more than 100 countries worldwide, making them one of the leading solar businesses. JA Solar has installed 23GW of solar worldwide, with outstanding growth of $3 billion in revenues globally.

It is one of the innovative solar companies globally because they have a six to twelve-month production ahead of any other solar company in the world. 

JA Solar was among the first companies to start mass production of photovoltaic panels of 300 watts after the Chinese government and other investors subsided them. JA Solar has the largest floating photovoltaic farm in the China Republic.

JA Solar has received specialized international recognition as a global producer of high-end photovoltaic solar panels.

Canadian Solar: Solar company As the Biggest producer of solar panels

Canadian Solar is the fierce competitor of Chinese companies and the largest in America. It is the biggest producer of solar panels, making it one of the world’s best markets for solar panels.

Their headquarters is in Ontario, Canada, but they have a facility in South America, Brazil, where they recently won 190.5MW, China, and Southeast Asia. 

Canadian Solar produces products like ingots, PV panels, and wafers produced and shipped worldwide nonstop. Canadian Solar has shipped at least 9.5 GW globally and has installed around 24GW of PV panels on all continents.

That makes Canadian Solar one of the best recognized solar companies globally. They want to be the first company to produce high kilowatt power with less space, which is currently their focus. 

The recent development by Canadian Solar is a solar panel that provides a major power outlet considering their size. Canadian Solar produces more quality products making it one of the leading competitors with companies like Jinko Solar, JA Solar, and LONGi solar.

Trina Solar

Trina Solar has installed 11GW of power worldwide, and it is one of the high venture companies when it comes to solar panel production. Trina Solar is in Jiangsu, China, and it is widely recognized in India because most solar panels in the Indian market are Trina Solar. 

Even though we cannot get the installation statistics of 2018, they have so far in 2020 installed 11GW solar panels globally. The company has mainly focused on producing high-quality solar cells, which are very efficient. That will ensure that they utilize solar power to produce large portions of electricity with their advanced PV solar panels. 

Trina Solar has produced both mono and polycrystalline solar panels with an efficiency rate of 22.61% and 21.25%, respectively. Trina Solar has closed the innovative technology gap, considering its first panel had 6% efficiency.

SunPower Corp: Global leader in Solar Companies

SunPower Corp has been in the solar business for more than 30 years and has generated 18 million MWh to date. It is in Silicon Valley and has been a global leader compared to other solar companies. It controls the effectiveness in the market today with an efficiency of 22.7%. 

The brand controls a broader market, focusing on producing energy for the public, commercial, and urban markets. SunPower Corp is one of the companies with a Cradle to grave certificate, and that is because they produce their solar panels with environment-friendly materials. 

That means that their solar panels are friendly to both the environment and the person using them, keeping in mind that they are recyclable. S. A is the biggest oil company in Europe, and it owns 66% of the legal actions and one of the significant investors in SunPower Corp. That only proves one thing, solar energy is the next big deal.

Hanwha Q Cells

Hanwha Q Cells has been in the solar production business for less than five years as it began in 2015, and so far, it has positioned itself among the top energy-producing brands in the world.

Located in Thalheim, Germany, and Seoul, Korea, the Chinese company produces premium PV panels globally. 

Hanwha Q Cells produces panels for the commercial and urban market, but they have also started producing construction and engineering companies, all managed by the EPC division.

The company uses the latest technology called the “Q. ANTUM,” which improves performance energy even in low light conditions. Hanwha Q Cells produce solar panels that operate well in all four seasons.

Hanwha Q Cells is currently the leading supplier in the European and Japanese markets, but there are plans to expand to new markets soon.

First Solar

First Solar has so far installed 17GW of solar power globally. It is in Tempe, Arizona. The American company uses thin-film solar cells to produce its photovoltaic panels.

The solar cells use thin layers of PV materials over plastic, glass, and metal. One advantage of this technology is that it incorporates materials used in windows and roofs. It is a second-generation technology when it comes to energy production. 

They are much lighter than the heavy standard solar panels. The technology uses rigid materials between two PV layers of material and its extensive PV worldwide.

One drawback of this technology is that it is less efficient and cheaper than the panel’s C-Si standard. But it will all depend on what you intend to use the solar panel. It has markets in Spain, Germany, the US, Canada, and Abu Dhabi.

GCL- System Integration

Another Chinese company has also made its way into the top ten list. GCL- System Integration has been in existence for more than 30 years. It was founded in the 90s, and it has its base in Hong Kong. They are currently penetrating the Indian market to compete with big brands like LONGi. 

They have managed to get the Bureau of Indian Standard certificate for photovoltaic modules. GCL- System Integration has employed 30,000 people globally, and it has five-module production in China and Vietnam.

It has produced 8GW in PV production so far, and it boasts a world-class module producer. GCL- System Integration slogan is Design, Service, and Product. Bloomberg qualified them for three consecutive years.

LG Energy

At number nine, we have LG Energy, which is part of the LG electronics, and it has proved to be critical when it comes to the solar market. They produce PV panels and energy storage solutions. Their solar panels have a high performance and are fantastic when it comes to reliability. 

Once you buy one of their products, you will get a 25-year warranty. LG Energy has dominated the Australian market, but they are also available in the US and Europe.

The company recently produced the LGNeon2 module, their latest PV solar panel. The new design module can absorb light from both sides, ensuring high performance. 

The panel has an attractive look a black anodized aluminum frames, making it a highly demanded solar module. LG Energy produces monocrystalline cells, and that is because of their low degradation levels.

Final Thoughts

In this article, we have tried to balance the power of quality and mass production. Whereas some brands could not make it on the list in terms of production, some brands compete well with the Chinese mass producers when it comes to high-end quality. The list could be even more significant, but some companies could not make it on the list for different reasons.

It might be because they are just another Chinese company that highly produces PV solar panels, or their products’ quality is not up to par. But we should also not underestimate historical brand names that are no longer there today. 

Companies like Solar World are German companies that produce high-quality PV solar panels, but they could not make it because of great Chinese companies. We cannot deny that solar power is the next big thing in the coming generations. 

People should also see the need to conserve the environment and use solar power even more. Solar energy is truly something that everyone should embrace globally, and problems like electricity bills and environmental problems will be something of the past.