The world's top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year's volume, according to Wood Mackenzie's new Global Solar Module Manufacturer Rankings 2025 report.
What are the solar module shipment rankings for the first half of 2024?
The solar module shipment rankings for the first half of 2024 have been announced by Taiwan-based PV InfoLink. The rankings are as follows: The top 10 PV module manufacturers shipped a total of 226 GW, with the leading four companies contributing to 63% of this volume, highlighting a growing oligopoly in the solar panel industry.
Who is the best PV module supplier in the world?
In the forecast of PV module shipments, JinkoSolar once again maintained the top spot on the list and has been the leading module supplier by volume seven times in the past nine years. In addition, Trina Solar (688599.SH) has achieved a new breakthrough in terms of shipments compared to 2023, surpassing JA Solar to second place.
Infolink Consulting has released the global photovoltaic module supply ranking for the first half of 2024. In a survey of manufacturers, changes were detected in the major global leaders. Jinko Solar ranks first, followed by JA Solar and Trina Solar. Longi ranks fourth, followed by Tongwei, Astronergy and Canadian Solar.
How many solar PV modules are there in 2024?
(Photo Credit: TaiyangNews) The world's top 10 solar PV module manufacturers shipped a combined 502 GW capacity in 2024, representing a 22% year-on-year (YoY) growth over the 413 GW they shipped in 2023, according to InfoLink Consulting.
Which solar companies shipments the most in 2024?
According to the InfoLink list for 2024, the top 4 manufacturers accounted for about 63 of the total capacity shipped by the top 10. JinkoSolar continues to lead, with LONGi and JA Solar sharing the 2nd and 3rd spots as their total shipments had a difference of less than 5%. Trinasolar came next.
The total module shipments of the top 5 manufacturers nearly reached 300GW in 2023. The major players maintained their leading positions throughout the list. The top four were LONGi, Jinko, Trina and JA Solar, the same order as last year.