The report, which includes data from
With a total capacity of 41.3 GW,
The top 10 developers accounted for 145 GW of operational, under-construction, and awarded (PPA-contracted) solar projects during the reporting period. Of this, 49.5 GW of projects were operational, 29.1 GW were under construction, and 66.2 GW were in pipeline (PPA-contracted).
Among the top global solar developers, six were based in
The top developer with the most operational large-scale solar capacity was
The top 10 large-scale solar developers accounted for 49.5 GW of operational projects globally. For under-construction and awarded (contracted) projects, the top large-scale solar developers accounted for more than 95 GW.
'This year's report includes several new companies, primarily led by European developers, but with project portfolios spread around the world. Several leaders on the list are actively transitioning towards solar and other renewable energy sources. This shift aligns with the evolving priorities in the energy sector, focusing on achieving decarbonization goals set by nations and addressing energy security concerns in light of geopolitical developments,' said
The landscape of large-scale solar development is dynamic and ever-changing, marked by a constant shift in ownership of project portfolios. The allure of quality solar projects is high, particularly within well-established markets. Numerous companies we researched for this report were active in project M&A.
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