Top 10 Best Solar Panel Manufacturers in China

Trina Solar

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Trina Solar is a china solar panels manufacturer founded in . As of the end of , Trina Solar&#;s cumulative shipments of photovoltaic modules ranked first in the world. On June 10, , Trina Solar became the first photovoltaic company listed on the Science and Technology Innovation Board. The company&#;s business covers photovoltaic products, photovoltaic systems and smart energy.

Trina Solar has successively set up regional headquarters in Europe, the Americas and the Asia Pacific and the Middle East in Switzerland, the United States and Singapore. And set up offices in Tokyo, Madrid, Milan, Sydney, Beijing and Shanghai. Over the years, it has introduced high-level talents from more than 30 countries and regions. Trina Solar&#;s business covers more than 100 countries and regions around the world.

Main Products

• 505W 550W 670W roof solar panels
• 395W 400W 335W solar roof panels

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The rise in the need for solar energy has resulted in a growth in the global photovoltaic (PV) industry in terms of both overall capacity and shipments of PV products in . This has opened up prospects for manufacturers, particularly for Chinese solar module suppliers.

Based on information that is accessible to the public, Chinese PV module firms hold a significant portion of the leading ten module manufacturers worldwide.

China PV Module Production

China&#;s PV module production was 124.6GW in , up 26.37% from , and 182GW in , up 46.07% from . And that in was 288.7GW, a dramatic increase from , representing growth of 58.63%.

In terms of production capacity, China&#;s PV module production capacity was 220GW in , an increase of 29.41% year-on-year. And in , it was 350GW, a 59.09% increase year on year. Then, in , the solar module production capacity in China is estimated to reach 397GW, representing a year-on-year increase of 13.43%.

PV modules shipped from China in

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Despite a complex global solar market impacted by a range of uncertain factors such as pricing and costs, policy shifts, and the pandemic, over 50% of China's PV modules were provided to foreign clients in .

In recent years, both the amount and worth of exports have increased. In , China's solar module exports crossed 100 gigawatts for the first time, with a yearly growth rate of over 25%, and the export worth surpassed $20 billion, reflecting an increase of 15%-20%. In , China's PV goods, including a module value estimated at $42.361 billion and an export volume of 153.6GW, were exported for over $50 billion, indicating a year-on-year growth of 55.8%.

In , due to the increase in solar energy usage, the European Union (EU) became the largest region for China's PV exports. China exported nearly $23 billion worth of products, equivalent to approximately 84GW of solar modules, which accounted for more than half of China's total module exports and represented a year-on-year increase of 114.9%. According to Mr. Zhang Sen, the Secretary-General of the Photovoltaic Branch of China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, at the Photovoltaic Development Review and Outlook in Conference organized by the China Photovoltaic Industry Association (CPIA) on 16 February , the Netherlands, Brazil, and Spain were the top three markets for China's module exports, accounting for 46% of China's overall export volume. Furthermore, the demand for solar modules in Spain, Germany, and Poland was increasing. Mr. Zhang Sen also stated that China's cumulative photovoltaic module exports exceeded $200 billion in the past decade, and the cumulative exports volume of modules surpassed 575GW.

China&#;s top PV module manufacturers

China's top PV module manufacturers, which also happen to be the world's top seven, including LONGi Green Energy, JinkoSolar, Trina Solar, JA Solar, Risen Energy, Astronergy (Chint), and TW Solar, heavily rely on overseas revenue.

Among these manufacturers, LONGi, Trina Solar, JinkoSolar, and JA Solar have remained in the top 4, with a combined global shipment of approximately 171GW.

LONGi, considered an industry giant and benchmark, shipped nearly 45GW of solar modules in , accounting for 17.5% of new installations. Its module shipment in was 38.52GW.

Trina Solar, known for its record-breaking cell efficiency and module performance, has emerged as a leading solar technology and manufacturing company, shipping around 43GW of modules in and 24.8GW in .

JinkoSolar, a prominent solar manufacturer and the first solar energy company to join the RE100 green initiative, shipped 41.5-43.5GW of modules in , an increase of 86.66%-95.66% compared to its module shipment of 22.233GW in .

JA Solar, one of the most prominent solar product suppliers with over 20 branches worldwide, shipped 40-41GW of modules in , a significant increase from the 25.45GW of modules and cells shipped in .

China PV Module Production Outlook

The rising global demand for solar energy has prompted PV manufacturers to increase their production capacity and make ambitious plans for future expansion. The China Photovoltaic Industry Association (CPIA) predicts that global newly added PV solar capacity will reach 280-330GW in and 324-386GW in . To keep up with this demand, solar companies are encouraged to not only expand their production capacity but also establish vertically integrated production capacity from silicon material processing to wafer, cell, and module production, as well as manufacturing and R&D centres for technology improvement.

The top four PV module manufacturers, including LONGi, Trina Solar, JinkoSolar, and JA Solar, continue to strive to maintain their leading market positions, with rapid expansion of their production capacity. In early , LONGi announced investments in 100GW of silicon wafers and 50GW of solar cells, and a 29GW high-efficiency solar cells project. Trina Solar will start self-supply of n-type silicon ingots and wafers by building a 35GW of CZ Si project and a 6.5GW of solar wafers project. Similarly, JinkoSolar and JA Solar also have ambitious expansion plans for vertically integrated production bases.

In addition, large modules are becoming more prevalent since , and ultra-high power modules are being used in many GW-scale solar power stations worldwide. Although the 210mm module is currently the leader, it may be replaced by even larger ones. It is uncertain when Chinese manufacturers will reach their capacity limits and how many will unlock the potential of solar energy for the world.

However, what is clear is that solar power is playing a crucial role in providing clean energy to millions of people around the world, and Chinese PV brands are set to dominate the global solar supply chain in the medium to long term.

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