The daylight business

Published on: July 20, 2020 / update from: October 4, 2021 - Author: Konrad Wolfenstein

Generating electricity from daylight – Image: Fit Ztudio|Shutterstock.com

The Chinese company Jinko Solar made around $4.3 billion in sales in 2019 from the sale of photovoltaics and feed-in systems. With Canadian Solar, JA Solar and Yingli, three other at least partly Chinese companies are among the solar companies with the highest sales worldwide, as the Statista graphic shows. The German company SMA Solar Technology also generated sales of over one billion US dollars in 2019.

The share of solar energy in total electricity generation from renewable energy sources is increasing every year. In contrast to wind energy, for example, photovoltaic systems do not require a lot of construction effort as they can easily be placed on the roofs of existing or new buildings. This is also the plan of Bavaria's Prime Minister Markus Söder - he has decided that photovoltaics should be installed on every new building in Bavaria from 2021. The requirements initially only apply to commercial buildings, but from 2022 this will also apply to private construction projects.

In 2019, the Chinese company Jinko Solar made around 4.3 billion US dollars in sales of photovoltaic and feed-in systems. With Canadian Solar, JA Solar and Yingli, three other at least partly Chinese companies are among the top-selling solar companies worldwide, as the Statista chart shows. The German company SMA Solar Technology was also able to generate sales of over one billion US dollars in 2019.

The share of solar energy in total power generation from renewable energy sources is increasing every year. In contrast to wind energy, for example, photovoltaic systems do not require a lot of construction work, as they can be easily placed on the roofs of existing or new buildings. This is also the plan of Bavaria's Minister-President Markus Söder – he has decided that photovoltaic systems should be installed on every new building in Bavaria as early as 2021. For the time being, the specifications only apply to commercial buildings, but from 2022 this will also be mandatory for private construction projects.

You can find more infographics at Statista