Top 10 global solar developers boast 145GW of PV projects

Facebook
Twitter
LinkedIn
Reddit
Email
TotalEnergies has 41.3GW of operational, under-construction and power purchase agreement-contracted projects. Image: TotalEnergies

The top ten utility-scale solar developers from across the globe accounted for 145GW of operational, under construction and contracted projects between July 2022 and June 2023, with French energy giant TotalEnergies being the top solar developer, according to research firm Mercom Capital Group’s latest report.

With a total capacity of 41.3GW, TotalEnergies became the top solar PV developer in the world based on its operational, under-construction, and power purchase agreement (PPA)-contracted projects. India-based renewable energy developer Adani Green Energy ranked second with 18.1GW, followed by Canada-based Brookfield Renewable Partners with 18GW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

TotalEnergies was also the top company for under-construction and PPA-contracted capacities with 29.3GW of projects, followed by Brookfield Renewable Partners (13.6GW) and Adani Green Energy (11.1GW).

Regarding the top developers with the most operational large-scale solar capacity, TotalEnergies topped the list again with a capacity of 12GW. Italian energy company Enel’s renewables arm Enel Green Power was the second-largest company in terms of operational capacity with 9.2GW, followed by Adani Green Energy with 7GW.

Of the total operational, under construction and contracted capacity of 145GW, 49.5GW of projects were operational, 29.1GW was under construction, and 66.2GW was under contract with a PPA.

“Several leaders on the list are actively transitioning towards solar and other renewable energy sources. This shift aligns with the evolving priorities in the energy sector, focusing on achieving decarbonisation goals set by nations and addressing energy security concerns in light of geopolitical developments,” said Raj Prabhu, CEO of Mercom Capital Group.

Geographically, six of the top ten global solar developers were based in Europe. Three of them were from North America, and the last one was headquartered in South Asia. Project portfolios of the top developers were primarily located in North America, followed by Asia Pacific.

The latest list has had significant changes compared to the period from July 2020-June 2021 as covered by PV Tech in September 2022. Lightsource bp, Canadian Solar and Brookfield Renewable Partners were the top three companies with the highest operational, under-construction, and PPA-contracted capacities.

Read Next

October 15, 2025
The Australian government has approved the 141MW Forbes Solar Farm Project in New South Wales in just 19 days, marking one of the fastest environmental approvals on record in the country.
October 15, 2025
Australia has opened registrations for Capacity Investment Scheme (CIS) Tender 7, which targets 5GW of renewable energy generation capacity across the National Electricity Market (NEM).
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 8, 2025
Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.
October 6, 2025
Genesis Energy and FRV Australia have mutually agreed to terminate their solar development joint venture while maintaining co-ownership of the 63MWp Lauriston solar PV power plant in Canterbury, New Zealand.
Premium
October 2, 2025
Australia's solar sector delivered a strong September performance in the National Electricity Market (NEM) as the country entered spring, with combined solar PV generation reaching 3,933GWh - a 17.83% increase from August's 3,338GWh.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK