Energy Acuity is the leading provider of power generation and power delivery market intelligence. Below are the Top 10 Largest Solar Companies by Developed or Owned Pre-Construction, Under Construction, and Operating Solar Capacity (MW). This list has been exported from the Renewables Platform inside of the Energy Acuity Product Suite.
Top 10 Largest Solar Companies by Developed or Owned Pre-Construction, Under Construction, and Operating Solar Capacity (MW)
1.) Cypress Creek Renewables
Under Construction: 16
Total Solar Capacity (MW): 10,971.23
Cypress Creek Renewables successfully develops, builds and operates solar facilities across the United States. Their business model is primarily focused on utility-scale ground mount projects from 2-10MW AC in capacity. Cypress brings extensive development experience and very aggressive financing to create new opportunities in emerging solar markets.
2.) First Solar Inc.
Under Construction: 9
Total Solar Capacity (MW): 7,852.88
First Solar is a leading global provider of comprehensive photovoltaic (“PV”) solar systems which use its advanced module and system technology. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. By integrating technologies, services, and expertise across the entire solar value chain, First Solar delivers bankable PV energy solutions that enable a world powered by reliable and affordable solar electricity.
3.) NextEra Energy, Inc.
Under Construction: 4
Total Solar Capacity (MW): 7,462.96
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.0 billion, approximately 44,900 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP), and approximately 13,800 employees in 27 states and Canada as of year-end 2014. Headquartered in Juno Beach, Fla., NextEra Energy’s principal subsidiaries are Florida Power & Light Company, which serves approximately 4.7 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa, and Wisconsin.
4.) EcoPlexus, Inc
Under Construction: 1
Total Solar Capacity (MW): 6,673.84
Ecoplexus develops, owns and operates solar PV projects for the utility, and industrial markets in the U.S., Japan, Mexico and Turkey. The Company has developed and financed over fifty projects to date. Customers include major utilities such as PG&E, Duke, Progress, Xcel Energy, PSEG, and Georgia Power and approximately fifteen municipalities in the US. The Company also provides operation and maintenance (O&M) services for investor/owners, including Fortune 500 companies, for approximately 50 projects.
Under Construction: 1
Total Solar Capacity (MW): 5,743.66
8minutenergy develops, finances, engineers, constructs, holds, operates and maintains solar projects. Their projects target all regions of the United States, including California – the largest renewable energy market in the U.S. – where demand for our power is considerable. Every 8minutenergy solar PV power project generates local construction and operational jobs, as well as ancillary business and service jobs. 8minutenergy’s unique, proprietary process accelerates permitting and development by selecting land-sites and technologies that mitigate risk and minimize approval obstacles. Power grid analysis and detailed land assessments are employed to choose optimal power plant sites that are then validated for economic viability. As a result of this, and the extensive experience of our veteran team, our development timeframe is typically much faster than those of other solar developers. They prefer to build its solar projects on “disturbed” land (for instance, low-value farmland) for lower environmental impact and faster permitting. Access to the distribution or transmission grid is key, and 8minutenergy has developed specific processes to make sure that our projects can interconnect fast and with little investment.
6.) sPower (Sustainable Power Group)
Under Construction: 1
Total Solar Capacity (MW): 5,316.54
sPower is the largest private owner of operating solar assets in the United States. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers. Headquartered in Salt Lake City, UT with offices in San Francisco, CA and New York City, NY, sPower owns and/or operates more than 130 utility and distributed electrical generation systems across the US.
Under Construction: 11
Total Solar Capacity (MW): 3,842.02
SunPower (NASDAQ: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools, and utilities around the globe rely on SunPower’s more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, and North and South America.
8.) Recurrent Energy
Under Construction: 2
Total Solar Capacity (MW): 3,569.73
Recurrent Energy is a leading utility-scale solar project developer, delivering competitive, clean electricity to large energy buyers. Based in the U.S., Recurrent Energy is a wholly owned subsidiary of Canadian Solar, Inc., and functions as Canadian Solar’s U.S. project development arm. Their development strategy is to build a balanced portfolio of utility-scale solar projects ranging in size from 20- 500 MW to meet the increasing demand from utilities for clean electricity at highly competitive prices. Technology expertise, supply chain capabilities, and access to capital enable Recurrent Energy to deliver solar generating plants at any scale with market-leading cost and efficiency.
9.) Intersect Power
Under Construction: 0
Total Solar Capacity (MW): 3,112.09
Intersect Power is an infrastructure development company bringing utility-scale power to wholesale customers and markets, with the goal of delivering value and viability to both energy buyers and project investors. Currently focused on “greenfield” solar and storage project development, Intersect Power’s functional expertise spans all relevant disciplines including site acquisition, permitting, interconnection, origination, engineering, procurement, construction, and finance.
10.) Hecate Energy LLC
Total Solar Capacity (MW): 2,426.44
Hecate Energy is a leading developer, owner, and operator of power plants in North America and internationally. Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations, and countries it serves.
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