Hanwha Solutions Corporation is a multinational energy services, petrochemical, and real estate development company headquartered in Seoul, South Korea. The company is part of the Hanwha Group, a large South Korean business conglomerate. Founded in 1965 as Hanwha Chemical, the company was rebranded as Hanwha Solutions in January 2020 when Hanwha Chemical merged with Hanwha Q Cells & Advanced Materials, which itself was formed out of a 2018 merger. The company added the Hanwha Galleria and Hanwha City Development real estate companies to its portfolio in April 2021. The Galleria division and the Advanced Materials division were spun off. The Electronic Materials business, which had remained part of the Advanced Materials division, was also transferred to a subsidiary of the company.
Suntech Power Holdings Co., Ltd. is a Chinese producer of solar panels, with 2,000 MW (2,700,000 hp) of annual production capacity by the end of 2011. It is headquartered in Wuxi, Jiangsu. Shunfeng International Clean Energy Limited, a HKSE listed renewable energy investment and Independent Power Producer company, acquired Suntech in 2014 following Suntech's bankruptcy in 2013. With offices or production facilities in every major market, Suntech has delivered more than 13,000,000 solar panels to thousands of companies in more than 80 countries around the world. As the center for the company's global operations, Suntech headquarters, in Wuxi, China, features the world's largest building integrated solar facade.
Many countries and territories have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies:
Spain is one of the first countries to deploy large-scale solar photovoltaics, and is the world leader in concentrated solar power (CSP) production.
Solar power in India is an essential source of renewable energy and electricity generation in India. Since the early 2000s, India has increased its solar power significantly with the help of various government initiatives and rapid awareness about the importance of renewable energy and sustainability in the society. In order to decrease carbon dioxide emissions, reduce reliance on fossil fuels, with coal being the primary source of electricity for the nation at present, bolster employment, economy and make India energy independent by making self-reliant on renewable energy, the Ministry of New and Renewable Energy was formed in 1982 to look after the country's activities to promote these goals. These collaborative efforts, along with global cooperation with the help of International Solar Alliance (ISA) since 2015 for promoting solar energy worldwide while also taking care of India, have made India one of the world's fastest adopters of solar power, making it the third-largest producer of solar power globally as of 2024, after China and the United States.
China is the largest market in the world for both photovoltaics and solar thermal energy. China's photovoltaic industry began by making panels for satellites, and transitioned to the manufacture of domestic panels in the late 1990s. After substantial government incentives were introduced in 2011, China's solar power market grew dramatically: the country became the world's leading installer of photovoltaics in 2013. China surpassed Germany as the world's largest producer of photovoltaic energy in 2015, and became the first country to have over 100 GW of total installed photovoltaic capacity in 2017. As of at least 2024, Chinese firms are the industry leaders in almost all of the key parts of the solar industry supply chain, including polysilicon, silicon wafers, batteries, and photovoltaic modules.
Yingli, formally Yingli Green Energy Holding Company Limited -. Yingli Green Energy Holding Company Limited, known as "Yingli Solar," is a solar panel manufacturer. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Yingli's photovoltaic module capacity is 30 GWs.
BrightSource Energy, Inc. is an Oakland, California based, corporation that designs, builds, finances, and operates utility-scale solar power plants. Greentech Media ranked BrightSource as one of the top 10 greentech startups in the world in 2008.
SunEdison, Inc. is a renewable energy company headquartered in the U.S. In addition to developing, building, owning, and operating solar power plants and wind energy plants, it also manufactures high-purity polysilicon, monocrystalline silicon ingots, silicon wafers, solar modules, solar energy systems, and solar module racking systems. Originally a silicon-wafer manufacturer established in 1959 as the Monsanto Electronic Materials Company, the company was sold by Monsanto in 1989.
Solar power in Romania had an installed capacity of 1,374 megawatt (MW) as of the end of 2017. The country had in 2007 an installed capacity of 0.30 MW, which increased to 3.5 MW by the end of 2011, and to 6.5 MW by the end of 2012. However, the record year of 2013 was an exception, and new installation fell back from 1,100 MW to a moderate level of 69 MW in 2014.
Canadian Solar Inc. is a global renewable energy company. Headquartered in Guelph, Ontario, the company manufactures solar PV modules, provides battery energy storage solutions and develops utility-scale solar power and battery energy storage projects.
Solar power in France including overseas territories reached an installed capacity figure of 11.2 GW in 2020, and rose further to 17.1 GW at the end of 2022. Government plans announced in 2022 foresee solar PV capacity in France rising to 100 GW by 2050.
Mahindra Susten is an Indian company in renewable energy industry and is part of the Mahindra Group. They are a portfolio company under the Cleantech arm of Mahindra Partners.
Hindustan Powerprojects Private Ltd. (HPPPL), formerly known as Moser Baer Projects Pvt Ltd, is an electrical power developer in India, started by Ratul Puri. It operates in power generation, power trading, EPC, and development and renewables across thermal, solar, hydro and mining vertical markets. The company holds assets of around ₹ 14,500 crore to date, and is the fastest growing integrated power company in India.
Solairedirect is a global renewable energy company focused on solar power. Headquartered in Paris, the company is the main solar power producer in France and has also international operations in the US, Chile, India and South Africa. In develops, builds, owns, and operates solar power plants. The company announced its acquisition by Engie in July 2015 after it had pulled out of its IPO process the company had announced in April 2015.
Hanwha Qcells is a manufacturer of photovoltaic cells. The company is headquartered in Seoul, South Korea, after being founded in 1999 in Bitterfeld-Wolfen, Germany, where the company still has its engineering offices. Qcells was purchased out of bankruptcy in August 2012 by the Hanwha Group, a South Korean business conglomerate. Qcells now operates as a subsidiary of Hanwha Solutions, the group's energy and petrochemical company.
Vikram Solar Limited is an Indian company based in Kolkata. It is one of the largest solar module manufacturers in India, with 3.5 GW module manufacturing capacity annually. The company's primary business focus is manufacturing solar Photovoltaic (PV) modules, and also carrying out engineering, procurement, and construction services and operations and maintenance of solar power plants.
Inderpreet Singh Wadhwa is an Indian-American renewable energy entrepreneur. He is the former Chairman & CEO of Azure Power Global Limited. In 2008, he founded Azure Power, which launched an Initial Public Offering (IPO) on October 12, 2016, enabling the first listing of Indian energy assets on the New York Stock Exchange. He retired from CEO and Chairman positions of Azure Power in July, 2019 and served as an external advisor to Azure Power till December 31, 2019.
