First Solar, Inc. (FSLR), SunPower Corporation (SPWR): The 10 Largest Solar Plants in the World

Page 1 of 11

Wondering what the largest solar plants in the world are? Photovoltaic energy has become a popular alternative to the power generation by coal power plants or nuclear reactors. A report by the European Photovoltaic Industry Association (EPIA) shows that in 2012, the total capacity of energy produced by Photovoltaic (PV) plants totalled over 100 gigawatts, and it will be increasing over the next year. The main reason for which PV plants are gaining popularity is their impact on the CO2 level of the Earth’s atmosphere, and more specifically, the fact that currently all PV plants are saving over 53 millions tons of CO2 each year.

The EPIA also mentions that PV energy is the third most important renewable energy source, the first two positions being held by hydropower and windpower. In this way, companies engaged in PV energy are performing very well and are growing fast. Among the leaders in the field of solar power we can mention: First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR), and SolarCity Corp (NASDAQ:SCTY). But let’s take each of them separately.

Photo Credit: Bernd Sieker

First Solar, Inc. (NASDAQ:FSLR) has a cumulative production of over seven gigawatts, which represents saving about 4.5 million metric tons of CO2 emissions. The PV cells made by First Solar, Inc. (NASDAQ:FSLR) are based on thin film, which are very efficient especially in high temperatures in sunny regions, which is a slight advantage in front of its competitors.

On the other hand, SunPower Corporation (NASDAQ:SPWR), also has an advantage with its silicon-based cells, which have the highest efficiency in the market. With a history of over 25 years, SunPower Corporation (NASDAQ:SPWR) has been a leader in delivering high-quality and efficient products for electricity-generation through solar radiation.

SolarCity Corp (NASDAQ:SCTY) is specialized in delivering solar products for individual customers like households. Founded in 2006, SolarCity Corp (NASDAQ:SCTY) is younger than its aforementioned peers, and doesn’t have such a widespread reach, its products being currently available in 14 states.

However, even though PV energy is very popular among individuals, and many households consider installing PV cells on their rooftops in order to save on energy bills, the technology still has a boatload of potential in an unsaturated market place worldwide. Solar Plaza has compiled a list of the ten largest PV plants in terms of the capacity of energy generated by them.

Let’s take a look at the largest solar plants in the world:

Page 1 of 11
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!