The evolving SHIP supply industry: Key players and new entrants
The updated SHIP Supplier World Map lists 66 companies. Among them 15 had installed SHIP plants totalling more than 10,000 m2 by the end of 2024. They are headquartered in the USA, Mexico, Europe and China (see World Map above). One further company has fulfilled the requirement to be listed among these top project developers: Next Source from the Netherlands. In the group of top companies are five that offer and produce concentrating collectors, two do not have a collector production and the remaining eight produce flat plate or vacuum tube collectors. The survey of the SHIP turnkey suppliers was carried out in February / March this year and was supported by Natural Resources Canada. You can also find the infographics in the news article in Spanish and English below the World Map . Find further results of the SHIP survey here. The SHIP survey was financed by National Resources Canada, while the creation of the graphics were financed by the German research project ProSolNetz.
Source of all charts: Natural Resources Canada / solrico
But the picture of the SHIP supply industry is only complete if one also looks at the ranking of the providers with the largest number of realized SHIP projects. The top three companies – Modulo Solar from Mexico, Solareast Group from China and G2 Energy from the Netherlands – are far ahead of all the others, with more than 100 projects each. Three further companies achieved the minimum requirement of 10 SHIP systems implemented by the end of 2024 and were newly included in the ranking: TVP Solar from Switzerland, R&R from the Netherlands and Grammer Solar from Germany.
Dynamic changes in the SHIP supplier landscape
The composition of the companies on the SHIP Supplier World Map is constantly changing. While the number of suppliers of concentrating collectors rose continuously in recent years, this trend reversed in 2024. Six companies were newly listed on the World Map, among them three with flat plate collectors. During the same update, three companies from the field of concentrating collectors were removed from the World Map for various reasons.
As part of the revision of the SHIP Supplier World Map, the new plants were added as references for the specific project developers and their portfolios will be updated. For all companies, there is information as to whether they produce collector technology and if so which kind, and whether they offer heat supply contracts.
New entrants to the SHIP Supplier World Map as of March 2025
Master Solar, flat plate collector manufacturer from Serbia, commissioned a number of SHIP plants for well-own brands like Pepsico-Marbo, Yazaki and Coca-Cola in Serbia in previous years. Shipping of material has already started for a 990 kW collector field in Kuwait for the HVAC manufacturer Morex, which is planned to be commissioned this year.
Alternate Energy Technologies (AET) from the USA has started SHIP project development activities recently. The first SHIP plant is under construction in Tupelo, Mississippi State, for a tank rinsing company with 121 m2 of flat plate collector area. AET belongs to the Hawaiian Solaray Group.
H-Solar from Mexico has started producing flat plate collectors with the machinery from Kioto, a former subsidiary of Greenonetec, Austria. “We have only installed residential solar water heaters so far, but we are now working on some industrial heat projects,” explains Jorge Trujillo, Project Management Engineer at H-Solar.
Neoenergy from Panama sells solar thermal systems to a wide range of customers. The company reported the first SHIP plants in the food industry for 2023. Currently, a 148 m2 system for egg washing is under construction.
Synhelion, a startup from Germany, has been added to the World Map with a first reference this year. It is a heliostat field with 1,100 m2 that concentrates the sun on a tower receiver, located in northern Germany. Heat at over 1,100 °C is used in the reactor to convert biomass into synthetic gas.
Azteq Energy, a newly founded project developer from Belgium, took over substantial assets from the Azteq Group, which filed for bankruptcy in December 2024. As part of this company takeover, Solarlite CSP Technologies, the German subsidiary of the Azteq Group, was removed from the World Map. Instead Azteq Energy was newly added to the Map with all the SHIP references from the former Azteq.
Another company takeover has not yet led to any changes on the World Map. Solid Solar Energy Systems is still listed separately from Tigi Solar, even though the Israeli company acquired a 90 % stake in Solid in April 2024. The acquisition took place following Solid’s insolvency in December 2023. Both companies have realised SHIP reference projects individually in the past.
Companies removed from the SHIP Supplier World Map as of March 2025
Heliovis from Austria announced the discontinuation of all business activities on 8 November 2024. The company developed Heliotube, an inflatable tube with a concentrating mirror produced from plastic films. Despite support from the EU, national funding bodies and reference projects in Spain and the Middle East, the continuation of the company could not be ensured.
Heliac in Denmark shifted its business focus towards high-temperature storage technologies using power from PV installations. The reason the company has taken this decision is the “steep decline in PV costs and the collapse of electricity prices when the sun is shining due to the resulting overexpansion of PV installations”, explains Henrik Pranov, CEO of Heliac. The company developed a concentrating collector based on highly efficient lenses that focused sunlight on a spot receiver at the back.
One additional supplier of concentrating collectors filed for bankruptcy in January 2025 due to the delay in project implementation. However, as the insolvency proceedings have not yet been officially opened, the company is not mentioned by name here.
Websites of companies mentioned in this news article:
SHIP Supplier World Map: http://www.solar-payback.com/suppliers/
Solrico: http://www.solrico.com
Natural Resources Canada: https://natural-resources.canada.ca/
ProSolNetz: https://www.solarwirtschaft.de/unsere-themen/csp/prosolnetz/( in German)
Alternate Energy Technologies (AET): https://www.aetsolar.com/
Azteq Energy: https://azteq.be/de/
Casolar: https://www.casolar.com.mx/
Cona Solar: https://www.conasolar.com/
G2Energy: https://www.g2energy.nl/
Glasspoint: https://www.glasspoint.com/
Grammer Solar: https://www.grammer-solar.com/de/
Heliac: https://heliac.dk/
Himin: http://www.himinsun.com/
H-Solar: https://www.hsolar.com.mx/
Infinity Solar: https://infinitysolar.nl/
Inventive Power: https://inventivepower.com.mx/english/
Linuo Paradigma: http://www.linuo-ritter-international.com/
Master Solar: https://www.mastersolar.rs/?lang=en
Millennium Energy Industries: Millennium Energy Industries
Modulo Solar: https://modulosolar.com/en/index.html
Neoenergy: https://neoenergypanama.com/
Next Source: https://www.nextsource.nl/
Phoenix Solar Thermal: https://phoenixsolarthermal.com/
Quadsun: https://www.quadsuntechnology.com/
R&R Systems: https://rr-systems.nl/
Ritter XL Solar: https://www.ritter-xl-solar.de/
SolarEast Group: https://www.sunrain.com/
Solid Solar Energy Systems: https://www.solid.at/
Sunoptimo: https://www.sunoptimo.com/en
Synhelion: https://synhelion.com/
Tigi Solar: https://www.tigisolar.com/
TVP Solar : https://www.tvpsolar.com/
Vicot Solar Technologies: http://www.vicot.com.cn/english/m/index.html
