Top Markets and Manufacturers

Currently the top five solar energy markets are Germany, US, China, Spain and Japan with Germany leading the way. The major solar panel technology manufacturing countries are China, Japan, Europe and the US. China produced zero solar panels in 1999 and has grown to be the largest solar panel manufacturer with 40% of the global market production in 2008. China is currently putting infrastructure in place to build up to 20 GW (equivalent to 20 nuclear power plants) in solar power generation capacity by 2020. In comparison, the US is planning to build up to 3000 GW of solar power generation capacity by 2050 to reduce dependence on fossil fuels.