JA Solar is one of the largest producers of solar products in the market, manufacturing some of the most powerful and cost-effective offerings in the industry. SunEdison provides solar-generated electricity and services to residential, commercial, government and utilities customers. SunPower also sells rooftop and ground-mounted solar power systems and utility-scale power plants, and the company recently announced a joint venture with Apple (NasdaqGS: AAPL) to build solar power projects in China. Lastly, Trina is China’s largest panel manufacturer and is expanding its services across the globe.
TAN includes 2.5% JASO, 8.6% SUNE, 4.6% SPWR and 3.9% TSL. KWT includes 2.1% JASO, 8.3% SUNE, 4.7% SPWR and 4.4% TSL.
Looking ahead, Wang Zhongying, director of the China National Renewable Energy Centre, said that renewables will be a major economic driver in China, according to ClimateWire. The Centre projects that China could generate most of its energy from renewables by 2050 and the sector could make up 6.2% of China’s gross domestic product.
Guggenheim Solar ETF
For more information on the photovoltaic panel industry, visit our solar category.
Max Chen contributed to this article.