This article presents a list of the top ten PV module companies in China for the year 2023. As global demand for renewable energy continues to rise, China’s PV industry holds a significant position on the global stage. These companies have demonstrated outstanding performance in PV technology innovation, manufacturing capacity, market share, and product quality. The article highlights the backgrounds and key business areas of these companies, showcasing their crucial role in driving the development of renewable energy. Furthermore, it explores the future trends and challenges in China’s PV industry. This ranking provides valuable insights for investors, industry professionals, and readers interested in the clean energy sector.
1：LONGi Green Energy Technology Co., Ltd
LONGi Green Energy Technology Co. Global shipments (MW) 37240
Company Profile：
Founded in 2000, LONGi Green Energy Technology Co., Ltd. (LONGi) is committed to being the most valuable solar technology company in the world. Under the mission of “To make the best of solar energy to build a green world” with a brand positioning of “The most trusted, reliable solar company that blazes the trail for green technology,”LONGi is developing solutions for large-scale power plants, for different industries and households with its innovation-focused development. Eventually, we will also supply “Green Power + Green Hydrogen” solutions for global zero-carbon development.
Main Product:
- Monocrystalline Silicon Wafer
- High-efficiency Modules
- Building-integrated Photovoltaics
- Green Hydrogen Production Equipment
2：Trina Solar Co., Ltd
Global shipments in 2022 (MW) 37240
Company Profile ：
Founded in 1997, Trina Solar Co., Ltd. (stock symbol: Trina Solar; stock code: 688599) is mainly engaged in the research and development, production and sales of PV modules; power stations and system products; PV power generation, operation and maintenance services; development and sales of intelligent microgrids and multi-energy systems, as well as the operation of energy cloud platforms, etc., committing to lead the way in smart solar energy solutions for a net-zero future. Through constant innovation, Trina Solar continues to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. So far, Trina Solar’s SKL has set or broken 25 world records in terms of PV cell conversion efficiency and module output power.
By the end of the April 11th, 2022, its cumulative shipments of PV modules had exceeded 100GW, which is close to the installed capacity of 4.4 Three Gorges Dam power stations and equivalent to planting 7.4 billion trees worldwide.
In addition, Trina’s downstream business includes solar PV project development, financing, design, construction, operations and management, and one-stop system integration solutions for customers. Trina Solar has connected over 5.5GW of solar power plants to the grid worldwide.
Main Product:
- Large ground-based power plants
- Commercial and industrial rooftop photovoltaic power generation
- Residential rooftop photovoltaic power generationrated Photovoltaics
3：JA Solar Technology Co., Ltd
Global shipments in 2022 (MW) 24532
Company Profile :
Founded in 2005, JA Solar is a manufacturer of high-performance photovoltaic products. With 12 manufacturing bases and more than 20 branches around the world, the company’s business covers silicon wafers, cells, modules and photovoltaic power stations. JA Solar products are available in 135 countries and regions and are used extensively in ground-mounted power plants, commercial & industrial rooftop PV systems and residential rooftop PV systems. With its advantages of continuous technological innovation, sound financial performance, and well-established global sales and service networks, JA Solar has been well received and highly recognized by clients from home and abroad. The company has been listed on Fortune China 500 and Global Top 500 New Energy Enterprises for several consecutive years.
Main Product:
- Photovoltaic modules
- New Materials for Photovoltaics
- Photovoltaic systems
- Energy Storage Systems
4：JinkoSolar Co., Ltd
Global shipments in 2022 (MW) 22233
Company Profile ：
Jinko Solar Co., Ltd. (the “Company”, or “Jinko Solar”) (SSE: 688223) is one of the most famous and innovative solar technology companies in the world. Its business covers the core links of the photovoltaic industry chain, focusing on the R&D of integrated photovoltaic products and integrated clean energy solutions. At present, Jinko Solar’s products serve more than 3,000 customers in more than 160 countries and regions worldwide, and the company has ranked No.1 in global module shipments from 2016 to 2019. By the end of March 2022, the cumulative module shipments of Jinko Solar have exceeded 100GW.Jinko Solar is an industry opinion leader under various international frameworks such as B20, and it is also one of the first solar energy companies to join the RE100 green initiative.
Jinko Solar is the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell and module production in the industry. It has 14 global production bases in China, the United States, Malaysia and Vietnam. As of Q2 2022, the company’s effective production capacity of monocrystalline silicon wafers, cells and modules reach 40GW, 40GW and 50GW respectively. Jinko Solar has more than 1,000 R&D and technical employees and has won many honours such as “The National Enterprise Technology Center”, “National Technology Innovation Demonstration Enterprise”, and “Champion of Manufacturing “, and has formulated many international and domestic industry standards such as IEC. Jinko Solar continuously expands the diversified application scenarios of photovoltaic technology, including building-integrated photovoltaic, photovoltaic hydrogen production, energy storage and other fields, and strives to create a new energy ecosystem.
Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.
Main Product:
- Photovoltaic modules
- New Materials for Photovoltaics
- Photovoltaic systems
- Energy Storage Systems
5：Canadian Solar Co., Ltd
Global shipments in 2022 (MW) 14500
Company Profile ：
Dr. Shawn Qu, Chairman, President and Chief Executive Officer founded Canadian Solar (NASDAQ: CSIQ) in 2001 in Canada, with a bold mission: to foster sustainable development and to create a better and cleaner earth for future generations by bringing electricity powered by the sun to millions of people worldwide. Under Dr. Qu’s leadership, we have grown into one of the world’s largest solar photovoltaic products and energy solutions providers, as well as one of the largest solar power plant developers globally. We have cumulatively delivered over 75 GW of solar modules to thousands of customers in more than 160 countries, enough to meet the clean, green energy needs of approximately 17.7 million households. We have more than 13,500 dedicated employees to strive each day to make this mission a reality. Customers choose us because we deliver the best-possible value. Our modules and system solutions combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment. Canadian Solar
Main Product:
- Photovoltaic Modules
- Inverters
- Energy Storage
- Distributed Systems
6：RISEN ENERGY Co., Ltd
Global shipments in 2022 (MW) 8109
Company Profile ：
RISEN ENERGY CO.,Ltd. was founded in 2002 and successfully listed on Shenzhen GEM in 2010, stock code 300118, is a high-tech production enterprise specializing in the research and development, production, sales and service of solar modules, solar cell power generation technology application products and solar terminal application products and integration, and is a solar project investor, developer and EPC Contractor .
On September 1, 2019, the 2019 China Top 500 Manufacturing Enterprises list was released, and Dongfang Risheng New Energy Co. was ranked 487th
Main Product:
- Photovoltaic Modules
- Energy Storage
7：Suntech Group
Global shipments in 2022 (MW) 7300
Company Profile ：
Suntech, founded in 2001, as a famous photovoltaic manufacturer in the world, is devoted to the R & D and the production of crystalline silicon solar cells and modules for 21 years. The company has its sales areas spread all over more than 100 countries and regions in the world, and the cumulative historical shipments exceeded 30 GW.
Main Product:
- Large-size photovoltaic modules
8：Zhejiang Chint New Energy Development Co.
Global shipments in 2022 (MW) 6290
Company Profile ：
Established as a subsidiary of CHINT Group in 2009, with registered capital of RMB9.38 billion, CHINT SOLAR is a clean energy solution provider engaged in new energy development, construction, operation, and services. Besides, the company also draws blueprints for investment and construction in the comprehensive energy segments, such as photovoltaic power station, energy storage, energy commercialization, micro-grid, and multi-energy complementation. Up to now, the cumulative global installed photovoltaic capacity has totaled 8 GW, which proves that CHINT SOLAR occupies the front rank in China. Relying on the unremitting efforts of CHINT Group in the power energy sector over the past 38 years and taking full advantages of the entire electrical industry chain, CHINT SOLAR has emerged as an important influencer in the renewable energy with leading edge in both system integration and technology integration in the industry.
Main Product:
- Photovoltaic Modules
- Energy Storage
9：Sunshine Energy Holdings Ltd.
Global shipments in 2022 (MW) 2843
Company Profile ：
Solargiga Energy Holdings Limited (stock code: 00757.HK) is a well-known photovoltaic industry chain manufacturer. Established in 2000, the company integrates research, production, sales, and application, with a “vertically integrated” production capacity from silicon material processing to ingot, wafer, and module production.
With more than 4,000 staff worldwide, Solargiga Energy has production bases in Jinzhou (Liaoning), Qujing (Yunnan), and Yancheng (Jiangsu). The company boasts 287 national patents and 48 provincial and municipal scientific awards, including first-class and second-class awards.
Solargiga Energy holds several esteemed titles, such as National High and New Technology Enterprise, National Green Factory, and it is ranked among Global Top 500 New Energy Enterprises (No. 173), Global Top 100 Competitive New Energy Enterprises (No. 92), and Chinese Energy Group Top 500 Enterprises (No. 267). Additionally, it is recognized as one of the Chinese Top 20 Photovoltaic Module Enterprises (No. 11) and Top 5 Mono-crystalline Wafer and Ingot Enterprises. The company also holds important positions in industry associations, including Vice Chairman Unit of China Photovoltaic Industry Association, Standing Director Unit of China Electronics Materials Industry Association, and Expert Committee Member of Chinese Renewable Energy Society Photovoltaic Special Committee.
Main Product:
- N type Silicon Brick
- P Type Silicon Brick
- Anti-LID Silicon Brick
10：GCL System Integration Technology Co., Ltd
Global shipments in 2022 (MW) 2282
GCL System Integration Technology Co., Ltd. (002506.SZ) is focused on becoming the world’s leading one-stop intelligent energy systems integrator. They offer comprehensive solutions through a “design + product + service” approach supported by technological R&D, design optimization, system integration, financial service support, and intelligent O&M services. Their emphasis on technological R&D has led to the establishment of a skilled system design team, enabling them to provide tailored and efficient PV power generation system designs for various regions and scales.
With a complete industrial supply chain management system, GCL SI delivers comprehensive system solutions according to specific design requirements. They leverage technological and application innovations to offer system integration packages based on ultra-efficient modules, ensuring quality and high efficiency for PV power plants to operate reliably for over 25 years.
Main Product:
- Photovoltaic Modules
- Energy Storage
Conclusion
This article summarizes the top 10 PV module companies in China in 2023 in recognition of their outstanding contributions to the renewable energy sector. These companies have achieved impressive results in terms of PV technology innovation, manufacturing capabilities, market share and product quality. China’s PV industry occupies an important position on the world stage as global demand for clean energy grows. This article provides valuable insights for investors and industry professionals, demonstrating the key role these companies play in driving renewable energy development. In addition, the article explores the future trends and challenges of China’s PV industry, providing a comprehensive overview for those interested in the clean energy sector.
