Research firm Lux Research has named the top ten global makers of solar modules — which make up solar panels — by production for 2011. According to the group, the top ten solar companies produced 12.5 GW of modules, or 44 percent of the total modules made in 2011.
As you can see, the list is dominated by Chinese companies, though U.S. firm First Solar(s FSLR) is now the largest. Lux Research also says that Japanese solar thin-film maker Solar Frontier is within the top 25, and the researchers “expect to see a major rise in market share from Japanese and Korean suppliers.”
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And the results:
| Company | Rank | Country | Module Production 2011, MW | Percent of production |
|---|---|---|---|---|
| First Solar | 1 | U.S. | 2,001 | 7% |
| Suntech Power | 2 | China | 1,866 | 6.5% |
| Yingli Green Energy | 3 | China | 1,554 | 5.5% |
| Trina Solar | 4 | China | 1,395 | 4.9% |
| Canadian Solar | 5 | Canada | 1,363 | 4.8% |
| Sharp | 6 | Japan | 1,155 | 4.1% |
| Hanwha Solar One | 7 | Korea | 825 | 2.9% |
| Jinko Solar | 8 | China | 782 | 2.8% |
| LDK Solar | 9 | China | 774 | 2.8% |
| SolarWorld | 10 | U.S. | 767 | 2.7% |
Also First solar last quarter made a huge loss of $413M on revenue of $660M. that is a disastrous financial. So doesn’t matter is FS is #1 it needs to make a profit to stay on top.
and yet First solar stock has dropped a huge 81% in the last 1 year