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Solar industry - revenue of major firms 2018

Major solar companies in FY 2018, based on revenue (in million U.S. dollars)

by T. Wang, last edited Aug 9, 2019
Solar industry - revenue of major firms 2018 China is home to many of the largest solar companies in the world. Based on revenue, Canadian Solar was one of these companies (also with headquarters in Canada), generating 3.74 billion U.S. dollars in 2018. 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.

Privatization in the Chinese market

In recent years, there appears to be a trend for Chinese solar manufacturers to go private and leave the stock exchange. In 2017, JA Solar announced they would be delisting from the NASDAQ stock exchange, while Trina Solar completed the transaction that would allow them to become a private company.
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Major solar companies in FY 2018, based on revenue (in million U.S. dollars)

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