Top 10 photovoltaic module manufacturers in China

 

 

Photovoltaic module is the core part of the solar power generation system, and also the most important part of the solar power generation system. Its function is to convert the solar energy into electrical energy, and store it in the storage battery, or push the load to work.

In recent years, China's photovoltaic module production capacity has shown a substantial growth trend. In 2022, China's photovoltaic module production capacity will reach 397GW. This article sorts out the top 10 photovoltaic module manufacturers in China, including LONGi, Tongwei, Trina Solar, JA SOLAR, Jinko Solar, CSIQ, Risen Energy, TCL Zhonghuan, GCL-ET and Microquanta. These photovoltaic module manufacturers are ranked in no particular order.

Top 10 photovoltaic module manufacturers

① LONGi

LONGI

Total market value: 372.939 billion RMB

Company website: https://www.longi.com/cn/

Company profile:

Founded in 2000, LONGi in photovoltaic module manufacturers initially started with the semiconductor business. LONGi is committed to being the most valuable solar technology company in the world. 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. In 2007, it began to deploy photovoltaic monocrystalline silicon wafers, and later listed on the main board in 2012.

Among the top 10 photovoltaic module manufacturers in China, LONGi's main business is the research and development, production and sales of monocrystalline silicon rods, silicon wafers, cells and modules, as well as the development, construction and operation of photovoltaic power plants.

A complete industrial chain from monocrystalline silicon rods/wafers, monocrystalline cells/modules to downstream monocrystalline photovoltaic power station applications has been formed. Among them, the monocrystalline silicon wafer and monocrystalline module business is the core manufacturing business of the company. At present, the company has developed into the world's largest monocrystalline silicon wafer and module manufacturing enterprise.

② Tongwei

Tongwei

Total market value: 182.329 billion RMB

Company website: https://www.tongwei.com.cn/

Company profile:

Tongwei controlled by Tongwei Group, is a large-scale private technology-based listed company with the dual main businesses of agriculture and new energy as its core. The company now has more than 200 branches and subsidiaries all over the country and overseas, with more than 40,000 employees.

As one of the top 10 photovoltaic module manufacturers in China, Tongwei boasts an annual feed production capacity of more than 10 million tons, an annual production capacity of high-purity crystalline silicon of 230,000 tons, an annual production capacity of solar cells of more than 63GW, an annual module production capacity of 14GW, and a cumulative installed and grid-connected capacity of PV power stations based on "PV+fishery" of 3GW. Tongwei plans that the cumulative production capacity of high-purity crystalline silicon and solar cells will respectively reach 800,000-1 million tons and 130-150GW from 2024 to 2026.

③ Trina Solar

Trina solar

Total market value: 143.863 billion RMB

Company website: http://www.trinasolar.com/cn

Company profile:

The company was established in 1997, and the photovoltaic technology research and development and innovation center was established in 1999, focusing on the research and development of solar energy application technology. Trina Solar is one  of the photovoltaic battery companies in the world. After the company's first module production line was put into production in 2004, the company actively started the process of internationalization.

In 2010, as a photovoltaic module manufacturers, the company's photovoltaic module shipments reached 1GW, which has become the first echelon of global photovoltaic companies. Since then, the company has repeatedly set world records for module efficiency, and has deployed production capacity in Southeast Asia. By the end of 2021, the company's cell/module production capacity will be 35/50GW respectively, of which large-scale production capacity accounts for more than 70%. In 2021, the company's total module shipments will reach 24.8GW.

④ JA SOLAR

JA SOLAR

Total market value: 150.037 billion RMB

Company website: http://www.jasolar.com

Company profile:

Founded in 2005, JA SOLAR started with the photovoltaic cell business. JA SOLAR is a photovoltaic module manufacturers, its business covers silicon wafers, cells, modules and photovoltaic power plants and other fields. JA SOLAR has 12 production bases and more than 20 branches around the world, with product footprints in more than 100 countries and regions, and is widely used in ground photovoltaic power stations, industrial, commercial, and residential distributed photovoltaic systems.

Most of the company's cell products are produced by its own components, and a small amount is sold to the outside world. Recent layout: JA SOLAR released its first n-type module product, DeepBlue 4.0 X, on May 18, 2022. The mass-produced cell efficiency can reach more than 24.8%, the maximum power can reach 625W, and the maximum conversion efficiency of the module can reach 22.4%.

The company's N-type modules plan to achieve mass production in the third quarter of this year, with a production capacity of 1.3GW. It will reach 6.5GW by the end of this year and is expected to reach a capacity reserve of 15GW by 2023, helping to improve the company's competitive position in the industrialization of next-generation N-type module technology.

⑤ Jinko Solar

JinKo Solar

Total market value: 176.8 billion RMB

Company website: http://www.jinkosolar.com

Company profile:

Established in 2006, Jinko Solar is one of the photovoltaic module manufacturers with vertically integrated production capacity ranging from rod/ingot production, wafer production, cell production to PV module production. In 2022Q1, the company's module shipments reached 8031MW, an increase of 56.7% over the same period last year, and the global cumulative shipments exceeded 100GW, making it the only company in the world with shipments reaching the level of one million GW.

By the end of 2021, Jinko Solar's monocrystalline silicon wafer/cell/module production capacity will reach 32.5/24/45GW, respectively, with a capacity integration rate of about 53%. As the company's silicon wafer and battery production capacity in Vietnam, Hefei, Haining and other places will be put into production in 2022. By the end of 2022, the company's monocrystalline silicon wafer/cell/module production capacity will reach 55/55/60GW respectively, and the integration rate of the entire industry chain will increase to about 92%. N-type TOPCon technology is leading in the industry, and the expansion of production capacity is imminent.

⑥ CSIQ

CSIQ

Registered capital: 3,066 million RMB

Company website: https://cn.csisolar.com/

Company profile:

CSIQ was founded in 2001 and listed in the United States in 2006. CSIQ has developed into one of the world's largest providers of solar photovoltaic products and energy solutions, as well as one of the world's largest developers of solar power plants and one of the photovoltaic module manufacturers in China.

As of the end of December 2021, CSIQ has provided more than 67 GW of solar photovoltaic power generation products to more than 2,000 active customers in more than 160 countries around the world. At present, CSIQ has about 26 GW of solar power plant projects and project reserves and 31 GWh of energy storage power plant reserves around the world, and is in an industry-leading position in the field of power plant project development and overall solution business.

⑦ Risen Energy

Risen Energy

Total market value: 24 billion RMB

Company website: http://www.risenenergy.com

Company profile:

Risen Energy was established in 1986. The company is mainly engaged in the research and development, production and sales of photovoltaic grid-connected power generation systems, photovoltaic independent power supply systems, solar cells, and modules. After years of hard work, Risen Energy's module production capacity has now reached 14.1GW. In 2011, as one of the top 10 photovoltaic module manufacturers in China, Risen Energy's module capacity was 700MW.

In 2021, this figure will reach 19.1GW, a 27-fold increase. On December 27, 2021, Risen Energy issued an announcement saying that it participated in the construction of the source-grid-load-storage integration demonstration project (Phase II) of the incremental distribution network in Inner Mongolia. The project is divided into two parts: one is the annual output of 200,000 tons of metal silicon + 150,000 tons of high-purity silicon + 10GW N-type high-efficiency crystal pulling + 3GW modules. The second is 3.5GW photovoltaic power station project + 1.6GW wind power station project + energy storage project.

⑧ TCL Zhonghuan

TCL Zhonghuan

Total market value: 126.652 billion RMB

Company website: https://www.tzeco.com/

Company profile:

TCL Zhonghuan is committed to the new energy photovoltaic industry and it is a top 10 photovoltaic module manufacturers in China. As a high-tech manufacturing company, TCL Zhonghuan has long implemented a global development strategy and always adheres to the concept of differentiated competition. Continuously carry out technological innovation and product innovation, and at the same time combine the advancement of Industry 4.0, continue to optimize production methods and manufacturing methods, and promote the company's high-quality development.

TCL Zhonghuan has been focusing on the new energy photovoltaic industry for a long time. Its main business revolves around the R&D and manufacturing of silicon materials. Its main products include photovoltaic silicon wafers, photovoltaic cells, high-efficiency photovoltaic modules, and photovoltaic power stations. Products are widely used in photovoltaic cells, photovoltaic modules and photovoltaic power generation and other fields.

⑨ GCL-ET

GCL-ET

Total market value: 21.33 billion RMB

Company website: http://www.gcl-et.com

Company profile:

GCL-ET in photovoltaic module manufacturers in China was listed on the Shenzhen Stock Exchange in May 2019. Its main business is clean energy operation, mobile energy operation and comprehensive energy service. The company strives to create a convenient, economical and green travel ecosystem from clean energy production, energy supplementary services to energy storage, provides integrated energy solutions for electrified travel, and is committed to becoming a leading mobile digital energy technology operator.

At present, the world's largest perovskite module with a size of 1m×2m produced by GCL-ET Optoelectronics has been rolled off the production line. The world's first 100MW mass production line has completed the construction of the plant and main hardware in Kunshan, and plans to put it into mass production in 2022. It is expected that after the process and production capacity are stabilized, the photoelectric conversion efficiency of mass-produced modules will exceed 18%.

⑩ Microquanta

Microquanta

Registered capital: 54.08422566 million RMB

Company website: http://www.microquanta.com/

Company profile:

Microquanta is a world-renowned leader in perovskite photovoltaic technology and industrialization and is one of the top 10 photovoltaic module manufacturers in China. Committed to "perovskite cutting-edge technology research, green low-carbon manufacturing and market application", and gradually build an innovative, green, safe and efficient perovskite clean energy system.

Microquanta is actively involved in the construction of centralized power plants. Create industrial demonstrations of multi-energy complementarity and multi-energy integration such as urban near-zero energy buildings, smart transportation, and new agricultural photovoltaic applications, serve the national dual-carbon strategy, and jointly promote green and low-carbon development and ecological civilization construction.

 

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