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Home / News / Market & Investments / Ranking lists main module manufacturers in the 1st half of 2023

Ranking lists main module manufacturers in the 1st half of 2023

Just four solar panel suppliers account for 55% of the total market share
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  • Photo by Ericka Araújo Ericka Araújo
  • July 31, 2023, at 15:55 am
2 min 23 sec read
Canal Solar ranking manufacturers solar panels
Jinko Solar leads the ranking, with around 30 GW in module shipments

Jinko Solar, Trina Solar, LONGi Solar and JA Solar remain the four main suppliers of photovoltaic modules in the world by volume of shipments, according to the ranking released by Solarbe Global.

According to the ranking, which shows the volume of global shipments of modules recorded in the first half of 2023, the amount of shipments of the four brands exceeded 108 GW, corresponding to approximately 55% of the total market share.

This amount of shipments was 56% higher than the amount recorded in the first half of 2022, when the volume of panel shipments was 69 GW.

In the first half of last year, the four companies – Jinko Solar, Trina Solar, LONGi and JA Solar – also led the ranking of module shipments Together, they are responsible for more than 60% of global remittances in the first half of 2022.

When comparing the first half of 2022 with the same period in 2023, the increase recorded in the volume of module shipments is considerable. A survey carried out by Canal Solar, based on numbers released by Solarbe Global, indicate that the Jinko Solar had an increase in the volume of remittances of 64%, when compared to first half of 2022 and the first months of this year.

Already Trina Solar and LONG Solar showed the same growth rate in the volume of remittances, which was 49%. Whereas the JA Solar increased its solar panel shipments by 53%.

Read also: What makes up the solar energy panel?

See the comparison between the 1st half of 2022 and the 1st half of 2023

Comparison between the 1st half of 2022 and the 1st half of 2023 based on the rankings released by Solarbe Global
Comparison between the 1st half of 2022 and the 1st half of 2023 based on rankings released by Solarbe Global

TOP 20 photovoltaic module manufacturers

O ranking released by Solarbe Global brings the ranking of the 20 suppliers of photovoltaic modules in volume of shipments made in the first half of this year. See below.

Company Shipments (GW)
Jinko Solar 30 – 31 GW
Trina Solar 27- 28 GW
LONG Solar 27- 28 GW
JA Solar 24 – 25 GW
Canadian Solar 14 GW
Risen 11,7 GW
Astroenergy 11,5 GW
TW Solar 11 – 12 GW
DAS Solar 7,5 GW
SunTech 4,5 GW
Solargiga Energy 4,2 – 4,8 GW
Yngli Solar 3,8 GW
DMEGC 3,6 GW
Huansheng 3,5 GW
GCL 2,5 GW
Dah Solar 2,5 GW
Eging PV 2,3 – 2,5 GW
RedSolar 2,3 – 2,5 GW
CECEP Solar 1,9 GW
Znshine Solar 1,9 GW

The ranking is based on data compiled by Solarbe based on public data and visits. Companies that had the same amount were classified in the same position.

Find out more: How to effectively clean solar panels?

According to Solarbe, the data collected for the top 20 photovoltaic module manufacturers is estimated based on research into information from tenders, supply contracts and supplier visits. According to the company, the ranking should be updated at the end of August after the publication of the semi-annual reports of listed companies.

module shipments Solarbe Global
Photo by Ericka Araújo
Ericka Araújo
Communications Manager of Canal Solar. Host of Papo Solar. Since 2020, he has been following the renewable energy market. He has experience in producing podcasts, interview programs and writing journalistic articles. In 2019, he received the 2019 Tropical Journalist Award from SBMT and the FEAC Journalism Award.
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Answers of 5

  1. Joel Cabral de Freitas said:
    22 June 2024 to 14: 20

    Investment

    Reply
  2. ingrid said:
    21 May 2024 to 22: 45

    Is the Canadian Solar board manufacturing company still operating in Brazil?

    Reply
  3. Paul Shu Ishikawa said:
    16 October 2023 to 13: 36

    Ericka, good afternoon,
    We are from the Nautical industry, currently
    we manufacture small boats up to 30″
    Your article on the ranking of the world PV equipment industry interested us for the development of national or Chinese industries that want to partner to supply solar panels for the supply of energy for power supply and consequent production of energy for powering boats.
    Please, I need an indication of these specialized manufacturers focused on our area of ​​activity in national or Chinese industry.
    I am at your disposal for any clarifications.
    I await your return contact,
    Hugs
    Paulo Ishikawa

    Reply
  4. Anderson Lopes Menezes said:
    4 from 2023 to 07 at 41: XNUMX

    Good Morning!
    Thank you for the information, but instead of a survey to find out who has the highest sales volume, what would be more interesting for us in the sector is to know the quality ranking of the manufactured modules.

    If possible…

    Thank you very much!

    Reply
  5. Carlos Augusto Paula said:
    3 from 2023 to 03 at 51: XNUMX

    Greetings, I would like to receive updates regarding regulation, and ranking of equipment and brands.

    Reply

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