Major Producers Of Solar Panels

Production of solar energy is one of the promising trends in modern industry

. Of course, large companies are likely to keep their importance and significance, as far as only their financial assets can maintain the process of creation, trade and distribution of solar collectors, panels, cells and devices. In addition, they appear to be more attractive for national governments, which are eager to develop renewable power institutions and plants. The list of the biggest solar panels producers and suppliers has been already formed, presenting highly developed countries mostly.

1.Motech is an original Taiwanese company, which is engaged in production of various solar devices. Nowadays due to enlargement of assortment and spatial structure it becomes one of the leading corporations on the market of solar devices. In particular, it has bought several capacities in the United States, united under AES Polysilicon, that are focused on the production of polycrystalline silicon.

2.Suntech is a pioneer in manufacture of solar panels. This Chinese company has gained world leadership in 2010. Despite production of high-quality solar panels, since 2010 Suntech reduced its share on the global market and implemented a policy of vertical integration in order to escape competence with rapidly growing other Chinese firms.

3.Canadian Solar turns on a wide range of solar products produced in comparison to other suppliers. Its biggest capacities are located in Ontario province and in China; in this country Canadian Solar is the fifth largest producer.

4.First Solar is a company, which features thin film solar panels production. Due to support of Wall-Mart and usage low-cost Cs-Te technology, First Solar appears to be one of the forerunners for other companies to date. It is a leader in the net cost of panels that is 74 cents per watt. The company plans to reach a value of 52 cents per watt by 2014.

5.Sunpower is a manufacturer of the most efficient solar panels in the world. This American company like First Solar has a strong division of the projects. During the financial crisis the company faced some difficulties due to higher costs.

6.Renewable Energy Corporation is a producer, based in Norway. In practice, it is engaged in production of polycrystalline silicon and plates. Due to financial crisis and high competition in Europe, the company was forced to transport its facilities of production of solar cell devices to Singapore.

by: Maria K.

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