5 Biggest Solar Companies In The World

1. Adani Renewables

Total solar capacity of the company in 2019 (in MW): 12,320

Easily topping the list of the 5 biggest solar companies in the world is Adani Renewables, which was established in 1988 and is headquartered in Hyderabad, India. The company operates one of the biggest solar PV plants in the entire world in the Kamuthi Solar Power Project. It is a subsidiary of the Adani Group, a conglomerate which has a presence in 70 locations across 50 countries, which have earned it revenues of around $15 billion and a market cap of around $30 billion. It is also the only Investment Grade Infrastructure issuer in India. It has commissioned some of the biggest projects across the world, in addition to the Kamuthi Project I have already mentioned. In June 2020, Adani Green won a bid to develop solar PV projects of around 8 GW, which is the biggest win in a single bid in the history of the industry. This will lead to addition investment in the company worth around $6 billion. In March 2020, Adani Green Energy also entered into an agreement with Total Solar Singapore to develop solar PV projects of 2.1 GW.

Pixabay/Public Domain