The photovoltaic research and development industry plays a crucial role in the transition to renewable energy. It focuses on improving the efficiency and affordability of solar technologies, facilitating a cleaner future. Companies here range from large manufacturers producing solar panels to innovative startups developing cutting-edge solar solutions, such as perovskite cells and Vehicle Integrated Photovoltaics. As global demand for sustainable energy solutions surges, this industry is heading toward groundbreaking advancements in solar technology, materials science, and energy management systems, which promises to make solar energy not just a choice, but a mainstream solution.

This list features 27 noteworthy photovoltaic research and development companies, varying in size and specialization. The companies range from sizable corporations like Suntech, with thousands of employees, to agile firms such as Lightyear, with smaller teams. Multiple companies in this list are based in countries renowned for solar energy initiatives, including China, India, the United States, and various European nations. Founded between 2001 and 2016, these companies focus on creating advanced solar products, manufacturing photovoltaic modules, and developing innovative technologies that drive efficiency in the solar industry.

Continue reading to explore the top photovoltaic research and development companies.

Top 27 Photovoltaic Research And Development Companies

1. Suntech

• Website: suntech-power.com
• Ownership type: Corporate
• Headquarters: Wuxi, Jiangsu, China
• Employee distribution: China 64%, India 6%, Australia 5%, Other 25%
• Latest funding: November 2013
• Founded year: 2001
• Headcount: 10001+
• LinkedIn: suntech_2

Suntech Power, founded in 2001 and based in Wuxi, Jiangsu, China, is a prominent manufacturer in the solar energy sector, specializing in photovoltaic modules. The company has established a robust presence in the global market, supplying over 50 GW of solar modules to more than 100 countries. Suntech is dedicated to providing innovative solar solutions for utility companies, commercial enterprises, and residential customers, facilitating their transition to renewable energy sources. With a strong emphasis on quality and sustainability, Suntech has developed a comprehensive range of products, including their Ultra V and Ultra X series, which utilize advanced technologies like N-type TOPCon and PERC. The company also boasts a significant number of patents, reflecting its commitment to research and development in the photovoltaic field. Suntech's mission is to power a green future through continuous innovation and excellent management practices.

2. Adani Solar

• Website: adanisolar.com
• Ownership type: Private
• Headquarters: Ahmedabad, Gujarat, India
• Employee distribution: India 100%
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: adani-solar

Adani Solar, established in 2015 and based in Ahmedabad, Gujarat, is a prominent solar manufacturer under the Adani Group. The company specializes in high-efficiency photovoltaic modules and has positioned itself as India's largest vertically integrated solar PV manufacturer. With a manufacturing capacity of 4 GW for cells and modules, and 2 GW for ingots and wafers, Adani Solar is dedicated to providing renewable energy solutions that help businesses and organizations reduce electricity costs and carbon footprints. The company is recognized for its commitment to innovation, operating a state-of-the-art facility that supports research and development in solar technology. Adani Solar has shipped over 10 GW of modules globally, earning accolades for its reliability and performance, including being ranked as a top performer by independent testing labs. Their vision includes building a fully integrated solar manufacturing ecosystem in Mundra, India, which reflects their ambition to lead in solar technology advancements.

3. Vikram Solar

• Website: vikramsolar.com
• Ownership type: Private
• Headquarters: Kolkata, West Bengal, India
• Employee distribution: India 99%
• Latest funding: $200.0M, December 2023
• Founded year: 2006
• Headcount: 1001-5000
• LinkedIn: vikram-solar

Vikram Solar Limited, based in Kolkata, India, is a prominent solar energy company founded in 2006. The firm specializes in the manufacturing of solar photovoltaic (PV) modules and provides comprehensive engineering, procurement, and construction (EPC) services for solar power plants. With a workforce of approximately 1,484 employees, Vikram Solar has made significant strides in the renewable energy sector, contributing to India's ambitious green energy goals. The company has successfully commissioned over 1.03 GW of solar capacity across various projects, showcasing its expertise in both ground-mounted and rooftop installations. Vikram Solar is also recognized for its innovative approach, having launched India's first floating solar power plant. The company serves a wide range of clients, from government entities to private organizations, helping them transition to sustainable energy solutions. In December 2023, Vikram Solar secured $200 million in funding, underscoring its commitment to growth and technological advancement in the solar industry.

4. Oxford PV

• Website: oxfordpv.com
• Ownership type: Corporate
• Headquarters: Oxford, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 70%, Germany 28%, India 2%
• Latest funding: Series D, $42.8M, July 2019
• Founded year: 2010
• Headcount: 51-200
• LinkedIn: oxford-photovoltaics-ltd

Oxford PV is a solar technology company based in Oxford, England, founded in 2010 as a spin-out from the University of Oxford. The company is dedicated to the development and commercialization of perovskite solar cells, which aim to improve the efficiency of conventional silicon solar cells. By integrating their innovative tandem technology, Oxford PV enhances the performance of existing solar panels, making solar energy more powerful and cost-effective. The company operates a state-of-the-art production facility in Brandenburg, Germany, which is the first of its kind for volume manufacturing of perovskite-on-silicon tandem solar cells. With nearly $150 million in funding, Oxford PV is well-positioned to advance its mission of making solar energy mainstream and affordable, thereby addressing the global energy crisis and climate change challenges.

5. Talesun Solar Technologies

• Website: talesun.com
• Ownership type: Private
• Headquarters: Suzhou, Jiangsu, China
• Employee distribution: China 53%, Germany 5%, Spain 5%, Other 36%
• Founded year: 2009
• Headcount: 501-1000
• LinkedIn: talesun

Talesun Solar Technologies Co., Ltd., founded in 2009 and based in Suzhou, Jiangsu, China, specializes in the manufacturing of photovoltaic modules and offers a wide range of solar power solutions, including project development and EPC services. The company serves various businesses and organizations aiming to implement renewable energy solutions to cut costs and promote sustainability. Talesun operates on a global scale, with a manufacturing capacity of 16GW for high-efficiency monocrystalline cells and 20GW for high-efficiency modules. They have established partnerships with prestigious research institutions, enhancing their R&D capabilities. Talesun has also been recognized as a Tier 1 supplier by Bloomberg New Energy Finance, reflecting their strong market position. Their commitment to quality is underscored by rigorous testing and certifications from multiple international standards. With a workforce of around 500 employees, Talesun continues to expand its influence in the solar energy sector, contributing to the global transition towards renewable energy.

6. Eoplly New Energy Co., Ltd

• Website: eoplly.com
• Ownership type: Private
• Headquarters: Nantong, Jiangsu, China
• Founded year: 2005
• Headcount: 1001-5000
• LinkedIn: eoplly-new-energy-co.-ltd

Eoplly New Energy Co., Ltd, established in 2006, is a private company based in Nantong, Jiangsu, China. With a registered capital of 160 million yuan, Eoplly specializes in renewable energy solutions, particularly in solar energy. The company manufactures and sells solar cells, modules, and photovoltaic systems, catering to businesses and organizations seeking sustainable energy solutions. Eoplly is recognized for its commitment to high efficiency and quality, having achieved multiple international certifications, including IEC, TUV, CE, and UL. The company has also built a strong global network, providing 24-hour after-sales service to clients across North America, Europe, and Asia. Eoplly's focus on research and development is evident in its dedicated team, which includes professionals with advanced degrees and numerous patents. The company is actively involved in the design, installation, and operation of solar power plants, further solidifying its position in the photovoltaic industry.

7. FuturaSun

• Website: futurasun.com
• Ownership type: Private
• Headquarters: Cittadella, Italy
• Employee distribution: Italy 80%, China 8%, Brazil 4%, Other 8%
• Founded year: 2008
• Headcount: 11-50
• LinkedIn: futurasun-srl

FuturaSun, founded in 2008 and based in Cittadella, Italy, is a private company dedicated to the solar energy sector. The firm specializes in the design, manufacture, and sale of high-performance photovoltaic modules tailored for both residential and commercial applications. With a strong emphasis on sustainability and innovation, FuturaSun has developed a range of products, including PERC, n-type, and glass-glass PV modules. The company operates globally, with a significant presence in Europe, Asia, and South America, and has established partnerships with local distributors and EPCs. FuturaSun's production facilities in Asia boast an annual capacity of 1 GW, ensuring a robust supply chain to meet the growing demand for solar energy solutions. Their commitment to quality is reflected in their rigorous manufacturing processes and certifications, which support their mission to make solar energy accessible worldwide.

8. Peimar

• Website: peimar.com
• Ownership type: Private
• Headquarters: Brescia, Lombardy, Italy
• Employee distribution: Italy 63%, Panama 10%, United Arab Emirates 7%, Other 20%
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: peimar

Peimar, founded in 2007 and based in Brescia, Lombardy, Italy, is a private company that specializes in solar energy solutions. With a workforce of approximately 83 employees, Peimar focuses on the design, research, and production of high-efficiency photovoltaic modules. Their product range includes solar panels, inverters, and energy storage systems tailored for residential, commercial, and industrial applications. The company prides itself on its automated production processes and rigorous quality control, ensuring that all products meet high efficiency and durability standards. Peimar's commitment to innovation is evident in their ongoing research and development efforts, which aim to enhance the performance and reliability of their solar technologies. The company operates internationally, with a significant presence in markets such as Panama, the United Arab Emirates, Japan, and the United States, reflecting its global reach and ambition in the renewable energy sector.

9. Bod Group

• Website: globalbodgroup.com
• Ownership type: Private
• Headquarters: Vilnius, Vilnius, Lithuania
• Employee distribution: Lithuania 100%
• Founded year: 2014
• Headcount: 201-500
• LinkedIn: global-bod-group

Bod Group, based in Vilnius, Lithuania, is a private high-tech company founded in 2014. It operates primarily in the renewable energy sector, focusing on the manufacture of solar panels and energy storage systems under the SoliTek brand. The company has evolved from its origins in CD production to become a significant player in solar technology in Northern Europe. Bod Group has invested in a state-of-the-art technology center, which serves as a hub for research, production, and innovation in solar energy. Their solar panels are designed for various applications, including residential and commercial installations, and they are committed to sustainability, utilizing 100% renewable energy in their manufacturing processes. The company also emphasizes the development of energy storage solutions, aiming to enhance the efficiency and reliability of solar energy systems. With a workforce of around 288 employees, Bod Group is focused on advancing solar technology and contributing to a sustainable energy future.

10. Liaoning Yi.Solar Energy Technology Co.,Ltd

• Website: yi-solar.com
• Ownership type: Private
• Headquarters: Chaoyang, Liaoning, Liaoning, China
• Employee distribution: China 100%
• Founded year: 2010
• Headcount: 201-500
• LinkedIn: liaoning-yi-solar-energy-technology-co-ltd

Liaoning Yi.Solar Energy Technology Co.,Ltd, established in 2010, is a private company based in Chaoyang, Liaoning, China. The firm specializes in the research, production, and sales of solar photovoltaic components and applications. Their product offerings include conventional solar modules, BIPV components, and specialized applications, catering to both commercial and residential markets. Yi.Solar is dedicated to providing clean energy solutions aimed at reducing reliance on fossil fuels. The company has made strides in the solar energy sector, with products distributed across multiple countries, including Germany, Spain, and Australia. They emphasize quality control and have achieved certifications that align with international standards, ensuring their products meet rigorous safety and performance criteria. Yi.Solar also engages in project development, including solar power station design and installation, further solidifying their role in the renewable energy industry.

11. Rec

• Website: recgroup.com
• Ownership type: Corporate
• Headquarters: Singapore
• Employee distribution: Singapore 77%, United States (USA) 8%, Germany 4%, Other 11%
• Latest funding: Other (Grant), July 2022
• Founded year: 1996
• Headcount: 1001-5000
• LinkedIn: rec_

REC Group, founded in 1996 and headquartered in Singapore, is a prominent solar panel manufacturer known for its high-efficiency solar products. The company offers a range of solar panels, including the REC Alpha Pure and TwinPeak series, which utilize advanced technologies like Heterojunction (HJT) and Mono-PERC. REC Group serves both residential and commercial markets, providing sustainable energy solutions that emphasize quality and reliability. The company is committed to ethical manufacturing practices and sustainability, ensuring that their products not only perform well but also contribute positively to the environment. With a workforce of over 1,600 employees, REC Group has a significant presence in various countries, including the United States, Germany, and India. Their focus on innovation and quality has established them as a trusted name in the solar industry.

12. Seraphim Solar

• Website: seraphim-energy.com
• Ownership type: Private
• Headquarters: Changzhou, Jiangsu, China
• Employee distribution: China 24%, Singapore 11%, South Africa 8%, Other 57%
• Founded year: 2011
• Headcount: 1001-5000
• LinkedIn: seraphim-solar-system-co-ltd

Seraphim Solar, founded in 2011 and based in Changzhou, Jiangsu, China, is a private company specializing in the production of solar photovoltaic products. With a workforce of over 1,000 employees, the company operates on a global scale, providing solar solutions for residential, commercial, and utility applications. Seraphim Solar has established a reputation for quality and innovation, producing a range of solar cells and modules that incorporate cutting-edge technologies. Their product lines include the Sable Series, Nebula Series, and Seco Series, which feature high-efficiency cells and advanced designs. The company has installed nearly 30GW of modules across more than 100 countries, demonstrating their extensive reach and impact in the renewable energy sector. Seraphim Solar is also recognized for its commitment to quality control and smart manufacturing practices, further solidifying its position in the photovoltaic market.

13. AVANCIS GmbH

• Website: avancis.de
• Ownership type: Private
• Headquarters: Torgau, Saxony, Germany
• Employee distribution: Germany 96%, Other 4%
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: avancis

AVANCIS GmbH, founded in 2006 and based in Torgau, Saxony, Germany, is a private solar technology company that specializes in the development and manufacturing of CIGS photovoltaic modules. The company is dedicated to providing innovative solutions for building-integrated photovoltaics (BIPV) and offers consulting services for energy-efficient construction. AVANCIS serves a range of clients, including construction firms, architects, and environmentally conscious consumers. With a workforce of approximately 205 employees, the company prides itself on its commitment to sustainability and high-quality production standards. AVANCIS has a long history in the photovoltaic sector, having been involved in research and development for over four decades, which positions it well within the industry.

14. Exiom Solution | Solar energy company

• Website: exiomsolution.com
• Ownership type: Private
• Headquarters: Oviedo, Asturias, Spain
• Employee distribution: Spain 69%, France 13%, China 6%, Other 12%
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: exiom-solution-sa

Exiom Solution is a private solar energy company based in Oviedo, Asturias, Spain, founded in 2009. The company specializes in the manufacturing of high-efficiency solar panels and offers innovative solar energy solutions aimed at helping businesses and organizations reduce energy costs and enhance sustainability. Exiom operates manufacturing facilities in China and is set to open a new plant in Langreo, Spain, which will be the first large-scale solar panel production facility in the country. The company produces a variety of solar panel technologies, including PERC, TOPCON, and HJT, showcasing their commitment to quality and advanced technology. With a workforce of around 53 employees, Exiom has established a presence in several countries, including Spain, France, and China, and is recognized as a Tier 1 manufacturer by Bloomberg New Energy Finance, indicating a strong reputation in the industry.

15. desert technologies

• Website: desert-technologies.com
• Ownership type: Private
• Headquarters: Jeddah, Makkah, Saudi Arabia
• Employee distribution: Saudi Arabia 100%
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: desert-technologies

Desert Technologies, founded in 2012 and based in Jeddah, Saudi Arabia, is a private company focused on renewable energy, particularly solar photovoltaic (PV) technology. With a workforce of approximately 88 employees, the company has established itself as a manufacturer of solar panels and energy storage systems. They also provide comprehensive project development and management services. Operating primarily in the Middle East, Africa, and Asia, Desert Technologies aims to deliver sustainable energy solutions to businesses and organizations, especially in areas where access to reliable power is limited. Their portfolio includes various projects that highlight their expertise in PV technology and smart infrastructure, showcasing their role as a significant player in the renewable energy sector.

16. Lightyear

• Website: lightyear.one
• Ownership type: Venture Capital
• Headquarters: Venray, Limburg, Netherlands
• Employee distribution: Netherlands 100%
• Latest funding: $11.2M, September 2024
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: lightyear.one

Lightyear, founded in 2016 and based in Venray, Limburg, Netherlands, is a solar electric vehicle manufacturer that focuses on sustainable mobility solutions. The company develops cutting-edge solar charging systems and Vehicle Integrated Photovoltaics (VIPV), which are designed to enhance the efficiency of electric vehicles. Lightyear's technology allows vehicles to harness solar energy, reducing reliance on traditional charging infrastructure and contributing to a cleaner environment. With a team of approximately 65 employees, Lightyear is actively engaged in the automotive industry, aiming to transform how vehicles are powered. The company has recently secured over 10 million euros in funding, which will support the continued development and manufacturing of their solar technologies, making them more accessible to automotive companies worldwide.

17. SolarBK

• Website: solarbk.vn
• Ownership type: Private
• Headquarters: Ho Chi Minh City, Ho Chi Minh, Vietnam
• Employee distribution: Vietnam 100%
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: solarbk

SolarBK, officially known as Công ty CP ĐT & PT Năng Lượng Mặt Trời Bách Khoa, is a private clean energy company based in Ho Chi Minh City, Vietnam. Founded in 2006, SolarBK specializes in solar energy solutions tailored for both residential and commercial customers. The company has a rich history, drawing on a foundation of research and development that dates back to 1975. SolarBK offers a wide range of products, including solar power systems and financial solutions designed to assist customers in transitioning to renewable energy. Their operations span the entire value chain, from R&D to installation and monitoring services, emphasizing their commitment to sustainable energy practices. SolarBK has also been active in promoting solar energy through various initiatives, including partnerships with financial institutions to provide accessible financing options for solar installations. Their innovative approach and comprehensive service offerings position them as a significant player in Vietnam's clean energy sector.

18. EDF ENR PWT (Photowatt)

• Website: photowatt.com
• Ownership type: Corporate
• Headquarters: Bourgoin-Jallieu, Auvergne-Rhône-Alpes, France
• Employee distribution: France 100%
• Latest funding: September 2024
• Founded year: 1979
• Headcount: 51-200
• LinkedIn: photowatt

EDF ENR PWT, operating under the brand name Photowatt, is a French company based in Bourgoin-Jallieu, Auvergne-Rhône-Alpes. Founded in 1979, Photowatt specializes in the manufacturing of high-efficiency photovoltaic products, catering to businesses and organizations seeking renewable energy solutions. The company emphasizes low-carbon production methods and has developed a unique hybrid crystallization process that enhances the efficiency of their solar panels. With a production capacity exceeding 200 MWc, Photowatt has sold over 4 million solar panels, contributing significantly to the solar energy sector. Their product range includes bifacial and monofacial panels, showcasing their commitment to innovation and quality. Photowatt is a subsidiary of EDF Renewables, which further strengthens its position in the renewable energy market.

19. Consort Solar Co., Ltd.

• Website: consortsolar.com
• Ownership type: Private
• Headquarters: Wuxi, Jiangsu, China
• Employee distribution: China 100%
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: consortsolar

Consort Solar Co., Ltd., established in 2016 and based in Wuxi, Jiangsu, China, specializes in the manufacturing and marketing of high-efficiency solar cells and photovoltaic modules. The company serves a wide range of customers, including residential, commercial, and utility sectors, by providing innovative solar solutions aimed at promoting sustainable energy use. With a manufacturing capacity of 3GW, including various types of modules such as conventional PERC, TOPCon, and HJT, Consort Solar has made significant strides in the industry. They have successfully installed and operated over 500MW of solar projects globally, with a notable delivery of over 1GW in 2022. The company is actively expanding its market presence, with branch offices in the USA, Germany, and Japan, and a global operations center in Singapore. Consort Solar is committed to enhancing its product offerings and providing superior services to its customers, aligning with the global trend towards carbon neutrality.

20. Ningbo Ulica Solar Co., Ltd.

• Website: ulicasolar.com
• Ownership type: Private
• Headquarters: Ningbo, Zhejiang, China
• Employee distribution: China 100%
• Founded year: 2005
• Headcount: 201-500
• LinkedIn: ulica-solar

Ningbo Ulica Solar Co., Ltd., established in 2005, is a private company based in Ningbo, Zhejiang, China. It specializes in the research, development, production, and sales of solar cells and photovoltaic modules. Ulica Solar serves a wide range of customers, including businesses and residential clients, with a focus on providing sustainable energy solutions that help reduce energy costs. The company has made significant strides in innovation, holding 241 patents, including 128 invention patents. Ulica Solar collaborates closely with top-tier equipment suppliers and research institutions, which bolsters its research and development efforts. With a production capacity of 6GW for solar modules, Ulica Solar is well-positioned in the market, actively contributing to the advancement of solar technology and promoting environmental sustainability.

21. Flextech Company

• Website: meigeinc.com
• Ownership type: Private
• Headquarters: Wuhan, Hubei, China
• Employee distribution: China 90%, United States (USA) 10%
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: flextech-company

Flextech Company, officially known as Wuhan Meige Technology Co., Ltd., is a private renewable energy firm based in Wuhan, Hubei, China. Established in 2009, the company specializes in photovoltaic technology and smart energy solutions. Flextech offers a variety of solar energy products, including mobile energy solutions and building-integrated photovoltaics (BIPV). Their innovative approach has led to the development of numerous products that aim to integrate solar energy into daily life. The company has made significant strides in the market, achieving a growing market share in mobile energy products. Flextech has been recognized multiple times as one of China's top high-tech growth companies, reflecting its commitment to research and development in the photovoltaic sector. With a focus on high-efficiency crystalline silicon cells and advanced flexible solar packaging materials, Flextech is positioned as a notable player in the renewable energy industry.

22. Jinergy

• Website: en.jinergy.com
• Ownership type: Private
• Headquarters: Jinzhong, Shanxi, China
• Employee distribution: China 100%
• Founded year: 2013
• Headcount: 1001-5000
• LinkedIn: jinergy

Jinergy, officially known as Jinneng Clean Energy Technology Ltd., is a private solar energy company based in Jinzhong, Shanxi, China. Founded in 2013, the company specializes in photovoltaic solutions, offering a range of solar modules and energy systems tailored for businesses and organizations seeking sustainable energy alternatives. Jinergy emphasizes innovation and efficiency in renewable energy technology, with product lines that include PERC Series, TOPCon Series, and HJT Series solar modules. The company is dedicated to integrating environmental, social, and governance (ESG) principles into its operations, aiming to contribute to the energy transformation towards low-carbon solutions. Jinergy has also been recognized for its advancements in technology, receiving awards and certifications that underscore its commitment to quality and sustainability in the photovoltaic industry.

23. Exeger

• Website: exeger.com
• Ownership type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 98%, Other 2%
• Latest funding: Other (Debt), $38.4M, December 2023
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: exeger-sweden-ab

Exeger, founded in 2009 and based in Stockholm, Sweden, is a technology company that specializes in the manufacturing of solar cells. Their flagship product, Powerfoyle, is a unique solar cell technology that can convert any type of light—both indoor and outdoor—into electrical energy. This innovation allows for the integration of solar power into a variety of consumer electronics, significantly reducing reliance on traditional batteries. Exeger operates from its urban factory in Stockholm, where they focus on sustainable practices throughout their production process. The company has established partnerships with notable brands to incorporate Powerfoyle into products such as headphones, remote controls, and IoT devices. In December 2023, Exeger secured a funding amount of approximately €38.4 million, indicating strong investor confidence in their technology and market potential. Their commitment to research and development is evident as they continuously seek to enhance the performance and application of their solar cells, positioning themselves as a forward-thinking entity in the photovoltaic industry.

24. Onyx Solar Energy

• Website: onyxsolar.com
• Ownership type: Venture Capital
• Headquarters: Ávila‎, Castile And León, Spain
• Employee distribution: Spain 60%, France 7%, China 3%, Other 29%
• Latest funding: August 2021
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: onyx-solar-energy

Onyx Solar Energy, founded in 2009 and based in Ávila, Spain, is a manufacturer that specializes in photovoltaic glass solutions tailored for buildings. The company focuses on creating innovative products that generate clean energy while maintaining the aesthetic and functional qualities of architectural glass. Onyx Solar's offerings include amorphous and crystalline silicon photovoltaic glass, which can be customized for various applications such as skylights, curtain walls, and façades. Their clientele includes prominent corporations and institutions, reflecting their commitment to enhancing energy efficiency and sustainability in architectural projects. With a workforce of approximately 73 employees, Onyx Solar has successfully completed over 350 projects worldwide, showcasing their expertise and reliability in the photovoltaic sector. The company has also received recognition for its innovative products, earning several awards in the field of sustainable building materials.

25. Parla Solar

• Website: parlasolar.com.tr
• Ownership type: Private
• Headquarters: Denizli, Denizli, Turkey
• Employee distribution: Turkey 100%
• Founded year: 2014
• Headcount: 201-500
• LinkedIn: parla-solar

Parla Solar, founded in 2014 and based in Denizli, Turkey, is a private solar panel manufacturer that specializes in renewable energy solutions. The company operates under the umbrella of Aydem Enerji, contributing significantly to Turkey's renewable energy sector. Parla Solar produces high-efficiency solar panels with an annual production capacity of 300 MW, translating to approximately 600,000 panels per year. Their innovative approach includes the use of advanced technologies such as multi busbar and bifacial panels, which enhance energy efficiency and performance. Parla Solar has also been involved in significant projects, including Turkey's first domestic solar cell production initiative, showcasing their commitment to local industry development and sustainability. Their focus on research and development is evident in their continuous efforts to improve solar technology and production processes, making them a notable player in the photovoltaic market.

26. roltec

• Website: roltec.pl
• Ownership type: Private
• Headquarters: Poznan, Greater Poland Voivodeship, Poland
• Employee distribution: Poland 100%
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: roltec-r-d-center-for-renewable-technology

Roltec, founded in 2013 and based in Poznan, Poland, is a private company dedicated to renewable energy, with a specific focus on photovoltaic technology. The company manufactures CIGS (Copper Indium Gallium Selenide) solar panels and offers laboratory services tailored for photovoltaic research. Roltec serves a variety of clients, including businesses and organizations seeking sustainable energy solutions. Their commitment to innovation is evident through their participation in EU-funded research programs and collaborations with academic institutions, such as Wrocław University of Technology. Roltec is also in the process of establishing a factory for the large-scale production of CIGS solar panels, which is set to commence operations in 2024. This initiative aims to meet the growing demand for renewable energy sources while maintaining high standards of quality and efficiency in their products.

27. AZUR SPACE Solar Power GmbH

• Website: azurspace.com
• Ownership type: Corporate
• Headquarters: Heilbronn, Baden-Württemberg, Germany
• Employee distribution: Germany 96%, United States (USA) 4%
• Latest funding: March 2021
• Founded year: 2002
• Headcount: 201-500
• LinkedIn: azur-space-solar-power-gmbh

AZUR SPACE Solar Power GmbH, founded in 2002 and based in Heilbronn, Germany, is a manufacturer dedicated to the development and production of high-efficiency multi-junction solar cells. These cells are designed for both space and terrestrial applications, catering to customers in the aerospace and renewable energy sectors. The company leverages over five decades of expertise in space solar cell technology, which allows them to produce solar cells that operate reliably in extreme environments. Their product offerings include space solar cells, CPV (Concentrated Photovoltaics) solar cells, and customized solutions tailored to specific customer needs. AZUR SPACE has a notable history of supplying triple-junction solar cells with efficiencies reaching up to 44% under concentrated sunlight, and they are currently introducing even more efficient models. Their commitment to quality and innovation is evident in their rigorous testing and characterization processes, ensuring that their products meet the high standards required for space missions.

Photovoltaic Research And Development Insights: Key Companies

Company	Headquarter	Size	Founded	Ownership
Suntech	Wuxi, Jiangsu, China	10001+	2001	Corporate
Adani Solar	Ahmedabad, Gujarat, India	501-1000	2015	Private
Vikram Solar	Kolkata, West Bengal, India	1001-5000	2006	Private
Oxford PV	Oxford, England, United Kingdom (UK)	51-200	2010	Corporate
Talesun Solar Technologies	Suzhou, Jiangsu, China	501-1000	2009	Private
Eoplly New Energy Co., Ltd	Nantong, Jiangsu, China	1001-5000	2005	Private
FuturaSun	Cittadella, Italy	11-50	2008	Private
Peimar	Brescia, Lombardy, Italy	51-200	2007	Private
Bod Group	Vilnius, Vilnius, Lithuania	201-500	2014	Private
Liaoning Yi.Solar Energy Technology Co.,Ltd	Chaoyang, Liaoning, Liaoning, China	201-500	2010	Private
Rec	Singapore	1001-5000	1996	Corporate
Seraphim Solar	Changzhou, Jiangsu, China	1001-5000	2011	Private
AVANCIS GmbH	Torgau, Saxony, Germany	201-500	2006	Private
Exiom Solution | Solar energy company	Oviedo, Asturias, Spain	201-500	2009	Private
desert technologies	Jeddah, Makkah, Saudi Arabia	51-200	2012	Private
Lightyear	Venray, Limburg, Netherlands	51-200	2016	Venture Capital
SolarBK	Ho Chi Minh City, Ho Chi Minh, Vietnam	201-500	2006	Private
EDF ENR PWT (Photowatt)	Bourgoin-Jallieu, Auvergne-Rhône-Alpes, France	51-200	1979	Corporate
Consort Solar Co., Ltd.	Wuxi, Jiangsu, China	201-500	2016	Private
Ningbo Ulica Solar Co., Ltd.	Ningbo, Zhejiang, China	201-500	2005	Private
Flextech Company	Wuhan, Hubei, China	51-200	2009	Private
Jinergy	Jinzhong, Shanxi, China	1001-5000	2013	Private
Exeger	Stockholm, Stockholm, Sweden	201-500	2009	Venture Capital
Onyx Solar Energy	Ávila‎, Castile And León, Spain	51-200	2009	Venture Capital
Parla Solar	Denizli, Denizli, Turkey	201-500	2014	Private
roltec	Poznan, Greater Poland Voivodeship, Poland	51-200	2013	Private
AZUR SPACE Solar Power GmbH	Heilbronn, Baden-Württemberg, Germany	201-500	2002	Corporate

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