Solar project developers make the most money in the solar industry with an average salary of $84,130. Landowners hosting solar farms can earn $14,000 to $16,000 per acre depending on location and installation size. Solar photovoltaic installers made a median salary of $44,890 in 2019, with the top 25% earning over $55,680.
Leading Solar Companies and Technologies
LONGi Solar Technology manufactures high-quality, affordable PV modules and silicon wafers using advanced solar technologies. Though global, LONGi has operations in China, Malaysia, Yunnan, and Kuching. Knowing the largest solar companies helps consumers make informed purchasing decisions.
In 2020 solar employed over 230,000 Americans at 10,000 companies in every state, generating $25 billion of investment. Accredited investors can invest in solar companies like Wunder Capital. First Solar, Brookfield Renewable, and SolarEdge Technologies are strong options with visible growth outlooks.
The solar industry lacks diversity with 88% white and 80% male senior management. Women earn median wages of $21.62 per hour versus $29.19 for men. The Solar Energy Industry Association released a diversity guide for the industry.
China leads global solar capacity and investment. Large corporations and utilities investing in solar projects earn long-term revenue streams. Top companies are Tesla, SunPower, Canadian Solar, First Solar, JinkoSolar, and Trina Solar. Solar power is now one of the cheapest electricity sources globally and continues rapid growth.
Choosing the Best Solar Company and Careers in the Industry
SunPower is our top pick for the best solar company in 2023, operating in all 50 states with over 35 years of experience. They offer 25-year warranties and have the highest efficiency ratings over 20%. SunPower handles all aspects of installation and offers full service for 25 years.
Other top solar companies with high customer ratings are ADT Solar, Sunlux, Blue Raven, ShopSolar, and Sunrun. These companies offer quality equipment with strong warranties.
When choosing a solar company, it’s best to get multiple quotes as prices can vary. Opt for companies doing most installation work in-house with few subcontractors. Assess sunlight access to optimize solar panel placement. Calculate potential savings from current energy bills. Consider whether buying or leasing equipment best fits your budget.
The solar industry offers many career paths in installation, sales, marketing, project management, and more. Top employers include SunPower, First Solar, SolarEdge, and Brookfield Renewable. Commission structures and pay timelines vary, so research options.
Overall, the solar industry shows no signs of slowing with growing awareness of renewable energy. More homes and businesses continue transitioning, demonstrating solar’s increasing viability.