List of largest solar energy companies by market cap

Largest solar panel companies represent the vanguard of renewable energy manufacturing, producing photovoltaic modules that convert sunlight into electricity worldwide. They are primarily traded on exchanges like NASDAQ, NYSE, and Shanghai Stock Exchange, essential platforms for clean energy investments. Despite supply chain fluctuations, the solar manufacturing sector, led by vertically integrated producers, offers investors access to companies driving the global energy transition.

Renewable energy exchanges are not just platforms for panel producers; they channel capital into the $200B+ global solar market. The main advantages of investing in solar panel stocks include:

• Manufacturing scale: Companies operating gigawatt-scale factories with continuous efficiency improvements and cost reductions.
• Technology leadership: Monocrystalline PERC (JinkoSolar), thin-film cadmium telluride (First Solar), TOPCon (LONGi), and heterojunction (Canadian Solar) technologies.
• Energy transition exposure: Participation in the projected 350% growth in global solar capacity through 2030.

Industry leader JinkoSolar shipped 78.5 GW of panels in 2023 – more than the next two competitors combined – with its Tiger Neo modules achieving 23.2% efficiency. Together with First Solar (the only top-10 manufacturer outside China), they anchor the sector, with JinkoSolar’s production capacity reaching 120 GW annually. Investing in solar stocks provides exposure to companies supplying 95% of global photovoltaic installations.

Leading manufacturers are efficiency innovators. LONGi holds the world record for silicon cell efficiency at 26.8%, while First Solar’s Series 7 modules produce 19% more energy per square meter than conventional panels. Canadian Solar’s factories output one panel every 1.8 seconds. This scaling explains why solar manufacturing costs dropped 90% since 2010. Beyond panels, the sector includes 5 of the world’s 10 largest solar technology patents holders: JinkoSolar, Trina Solar, LONGi, JA Solar, and Hanwha Q CELLS.

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The following table contains a list of the largest solar panel manufacturers by market capitalization, primarily traded on NASDAQ/NYSE/Shanghai (including vertically integrated producers from polysilicon to modules). The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.