The energy sector no longer relies solely on traditional methods to keep homes and businesses running. Solar energy is one of many alternative energy solutions with many useful applications, including powering electric vehicle charging stations. Below is an overview of the leading solar power companies that develop, manufacture, and sell technology that converts sunlight into energy.
Look at the 5 biggest solar companies in the world.
5. JA Solar Technology Co Ltd (SHE:002459)
Market cap as of March 12: $9.2 billion
On our list of the largest solar companies worldwide, JA Solar Technology Co Ltd (SHE:002459) comes in at number five. High-performing photovoltaic products, such as solar panels, PV modules, solar modules, and solar projects, are the company’s specialty. It has more than 20 branches and 12 manufacturing sites worldwide. JA Solar Technology Co Ltd (SHE:002459) has a $9.2 billion market valuation as of March 12.
4. Enphase Energy, Inc. (NASDAQ:ENPH)
Market cap as of March 12: $16.43 billion
Enphase Energy, Inc. (NASDAQ:ENPH) is a leading global solar company. Since 2007, the top provider of renewable energy has been offering sustainable energy solutions. Solar energy, solar power, solar storage, microinverters, solar panels, PV modules, solar distributors and installers, solar batteries, energy storage, and residential and commercial solar systems are among its areas of expertise. Enphase Energy, Inc. (NASDAQ:ENPH) has a $16.43 billion market capitalization as of March 12.
3. First Solar, Inc. (NASDAQ:FSLR)
Market cap as of March 12: $17.03 billion
One of the largest solar firms in the world is First Solar, Inc. (NASDAQ:FSLR). With its headquarters located in Arizona, the company manufactures eco-efficient solar modules and offers solar technology solutions. The business has been in the solar power business for around 25 years. First Solar, Inc. (NASDAQ:FSLR) is estimated to be worth $17.03 billion as of March 12.
2. Adani Green Energy Ltd (NSE: ADANIGREEN)
Market cap as of March 12: $37.42 billion
Adani Green Energy Ltd (NSE: ADANIGREEN) is number 2 on our list. India’s leading renewable energy company. Among other things, it develops and operates commercial-scale grid-connected solar power plants. It has 9 GW of renewable capacity spread across 12 states. As of March 12, Adani Green Energy Ltd (NSE:ADANIGREEN) was valued at $37.42 billion.
1. NextEra Energy, Inc. (NYSE:NEE)
Market cap as of March 12: $117.29 billion
NextEra Energy, Inc. (NEE) tops the list of the world’s largest solar power companies. It’s at the top. The company is a leading utility and renewable energy company specializing in solar and wind energy. The company offers multiple solar power solutions, including rooftop installations, ground-mounted solutions, and bundled energy systems. The company operates more than 2,000 MW of solar power worldwide in the United States and Canada. As of March 12, the company’s market capitalization was $117.29 billion.