The World's #1 Renewable Energy Network for News, Information, and Companies.

U.S. and European PV Developers Hold Lead, as Chinese Advance

American and European companies still lead the latest ranking of utility-scale solar project developers to be published by Wiki-Solar. However, Chinese players are leaping up the rankings.

U.S. module producer First Solar again leads the list, with all of the top five players from North America and Europe. But seven of the top 20 project developers now come from China, which Wikisolar cites as the greatest change in the last year with the emergence of Chinese developers both in their home market and internationally.

In June, China became the first country to install more than 3 GW of utility-scale solar capacity, leading the world total towards 15 GW. The global installed capacity of large PV installations grew by 35 percent – almost 4 GW – in the first half of 2013, bucking the slow-down in other sectors of the market, WikiSolar says.

“Not all of these Chinese participants are newcomers," said WikiSolar CEO Philip Wolfe in a statement; “three of the seven have been on the list since 2011. But China’s burst through the 3 GW milestone has brought many new players into the market”.

“Participation in ‘downstream’ project development and EPC activities seems to have been a smart move for leading solar module manufacturers like First Solar and SunPower,” says Wolfe. “They have probably been able to keep production lines running, without entering the solar module ‘trade war’, which is hopefully now coming to an end.”

He cites the 250 MW California Valley Solar Ranch, completed in June, and the 500 MW Topaz project as examples of the large pipeline of projects in progress which have enabled the utility-scale sector, so far at least, to avoid the malaise affecting other parts of the PV industry.

The U.S. will be next past the 3 GW milestone, and Wolfe predicts it will top the table by the end of the year.

Meanwhile, utility-scale activity is also accelerating on other new markets with projects under construction or approved in South Africa, Chile, Brazil and the Philippines. “Expect to see many more countries heading up the table over the next few months”, says Wolfe.

The risers and fallers amongst the top 20 project developers are illustrated.

 

Ranking trends of the top 20 developers on the Wiki-Solar database

Read more solar energy news here.

Lead image: solar panels via Shutterstock

 

RELATED ARTICLES

Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
UK Parliament Clean Energy Leaders

UK Government Names Clean Energy Cabinet Members

David Appleyard, Contributing Editor With the UK general election now over and a majority Conservative Party government in place, the re-elected Prime Minister David Cameron has now named key members of the government charged with steering the UK’s clean energ...
Microgrids

Coast to Coast and Across the Electric System, Microgrids Provide Benefits to All

Dick Munson, Environmental Defense Fund At the most obvious level, microgrids could disrupt today’s utilities and their regulated-monopoly business model, because they challenge the centralized paradigm. In a nutshell, microgrids are localized power grids that ha...
David Appleyard is a contributing editor. A freelance journalist and photographer, he has some 20 years' experience of writing about the renewable energy sector and is based in Europe.

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

CA Wine Industry's 2015 Solar Update- WEBINAR

Proceeds from event registration will go to the CA Sustainable Win...

Energy Security: Opportunity Power with the Sunny Boy Secure Power ...

Wouldn’t it be great to have a grid-tied inverter that could still...

COMPANY BLOGS

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

Boulder County Residents Generate Their Own Energy with Community S...

Despite a soggy afternoon, solar energy advocates gathered at ...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS