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Global photovoltaic cell production capacity overview
By the mid-21st century, photovoltaic technology will be one of the main energy sources and contributors to carbon neutrality. The solar pv industry is currently developing rapidly, and its practical application in life is also relatively extensive. In 2020, global PV module production will reach 135GW. In 2021, the global crystalline silicon solar cell production capacity will reach 423.5GW, a year-on-year increase of 69.8%; the total output will reach 223.9GW, a year-on-year increase of 37%. Crystalline silicon solar cells with high power conversion efficiency, high stability and low cost dominate the global photovoltaic market. Heterojunction (SHJ) solar cell technology is one of the most competitive next-generation crystalline silicon solar cell technologies.
Many solar technology companies around the world continue to deploy high-efficiency solar cells. Among them, the Top 10 photovoltaic battery companies in the industry are actively achieving breakthroughs in battery performance. This article will introduce you to the details of the global Top 10 photovoltaic battery companies. By reading this article, you will learn about the development history of photovoltaic battery giants, their leading product technologies and their industry-related layouts.
Top 10 photovoltaic battery companies in the world in 2022
① TW SOLAR
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Established date |
March 22, 2017 |
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Corporate headquarters |
Sichuan, China |
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Registered capital |
1.6 trillion RMB |
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Company website |
Company profile:
As a professional solar cell production and supply company, TW SOLAR is deeply involved in the R&D, manufacturing and promotion of core solar power generation products. It is a high-tech crystalline silicon cell manufacturer. Its PV cell shipments lead other companies, ranking first in the world's Top 10 photovoltaic battery companies. In addition to the optimization and improvement of mainstream PERC battery technology, TW SOLAR focuses on technical research on the goal of improving efficiency and reducing cost of next-generation battery technology under the conditions of mass production.
Main products:
Mono 166-9BB bifacial cell, mono 182-10BB bifacial cell, mono 210-12BB bifacial cell, heterojunction 166-9BB bifacial cell, heterojunction 210-12BB bifacial half-cell cell and TOPCON 210 -12BB double-sided battery.
Latest news and related layout:
Under the recent trend of continuous price increases in the industry chain, on July 1, 2022, TW SOLAR raised the quotation of battery cells again, with different sizes increasing by 5-7 cents per baby, with a maximum increase of 5.98%.
② LONGi
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Established date |
February 14, 2000 |
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Corporate headquarters |
Shaanxi, China |
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Total market capitalization |
486.440 billion RMB |
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Company website |
Company profile:
LONGi focuses on technological innovation and builds five business segments: monocrystalline silicon wafers, battery modules, industrial and commercial distributed solutions, green energy solutions, and hydrogen energy equipment. As one of the Top 10 photovoltaic battery companies in the world, LONGi has formed "green power" + "green hydrogen" products and solutions that support global zero-carbon development, and is committed to becoming the world's most valuable solar technology company.
Main products and solutions:
Products: monocrystalline silicon wafers, high conversion rate modules, building photovoltaic integration and green hydrogen production equipment; solutions: power solutions, industry solutions and household solutions.
Recent layout:
In June 2022, according to LONGI's announcement, its silicon heterojunction photovoltaic cell (HJT) research and development made another major breakthrough, and the photoelectric conversion efficiency of M6 full-size cell (274.4c㎡) was tested by the German Institute of Solar Energy Hamelin (ISFH) to reach 26.50 %, setting a new world record for the efficiency of large-scale single-crystalline silicon photovoltaic cells.
③ JA SOLAR
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Established date |
October 20, 2000 |
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Corporate headquarters |
Hebei, China |
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Total market capitalization |
176.214 billion RMB |
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Company website |
Company profile:
JA SOLAR is a photovoltaic power generation solution platform company and is in the leading position among Top 10 photovoltaic battery companies in the world. JA SOLAR's industrial chain covers silicon wafers, cells, modules and photovoltaic power plants, and its products are widely used in ground photovoltaic power plants and industrial, commercial, and residential distributed photovoltaic systems.
Main products and solutions:
Photovoltaic modules and household systems.
Latest news and related layout:
On June 30, 2022, JA SOLAR and Yangzhou Economic Development Zone signed an investment agreement for a 10GW high-efficiency battery project. According to the agreement, JA SOLAR will invest 2.62 billion RMB to build a 10GW high-efficiency battery project in Yangzhou Economic and Technological Development Zone. On May 18, JA SOLAR released an announcement on the construction of tens of billions of integrated production capacity, saying that its proposed projects include Qujing 10GW high-efficiency battery, 5GW module project and Hefei 11GW high-power module reconstruction and expansion project, with an estimated investment of 10.29 billion RMB . In addition to battery modules, the JA SOLAR photovoltaic auxiliary materials R&D and production base project has also recently settled in Yiwu, Zhejiang, mainly to build a photovoltaic auxiliary materials R&D and production base.
④ Aikosolar
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Established date |
November 16, 2009 |
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Corporate headquarters |
Guangdong, China |
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Registered capital |
2.52347488 billion RMB |
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Company website |
Company profile:
Aikosolar is mainly engaged in the research and development, production and sales of solar cells. With industry-leading photovoltaic cell manufacturing technology and production and supply capabilities, Aikosolar is a major supplier of photovoltaic cells in the world. Aikosolar has been deeply involved in the field of photovoltaic cells for 13 years, pioneered tubular PERC cell technology, and is also the world's first professional cell factory to mass-produce 166 and 210 large-size cells, making it one of the global Top 10 photovoltaic battery companies.
Main products and services:
210mm PERC battery, 182mm PERC battery and 166mm PERC battery.
Latest news and related layout:
On June 28, 2022, a subsidiary of Aikosolar released the N-type ABC module and source network load storage solution. ABC (All Back Contact), the battery is a back-junction back-contact structure. This technology has achieved a historic technological breakthrough, that is, photovoltaic non-silvering.
⑤ Trinasolar
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Established date |
December 26, 1997 |
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Corporate headquarters |
Jiangsu, China |
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Total market capitalization |
129.405 billion RMB |
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Company website |
Company profile:
Trinasolar's business covers the research and development, production and sales of photovoltaic modules, power station and system products, photovoltaic power generation and operation and maintenance services, development and sales of intelligent microgrids and multi-energy systems, and operation of energy cloud platforms. Trinasolar, now one of the Top 10 photovoltaic battery companies, is committed to becoming a global leader in photovoltaic smart energy solutions.
Main products, solutions and services:
Components - large-scale ground power stations, industrial and commercial roofs and residential roofs; photovoltaic systems - large-scale power station development, intelligent optimal distribution solutions, household systems, industrial and commercial systems; smart energy - energy storage(including home energy storage), energy cloud platform, distribution network, power electronics and integrated energy services.
Latest news and related layout:
On June 28, 2022, the Trinasolar (Xining) New Energy Industrial Park project officially started construction. According to the plan, Trinasolar plans to invest in the construction of Trinasolar (Xining) New Energy Industrial Park project in Xining Economic and Technological Development Zone. The project includes an annual output of 300,000 tons of industrial silicon, an annual output of 150,000 tons of high-purity polysilicon, an annual output of 35GW of monocrystalline silicon, an annual output of 10GW of chips, an annual output of 10GW of cells, an annual output of 10GW of modules, and a 15GW module auxiliary material production line.
⑥ JinKO Solar
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Established date |
December 13, 2006 |
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Corporate headquarters |
Jiangxi, China |
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Total market capitalization |
142.400 billion RMB |
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Company website |
Company profile:
JinKO Solar is a solar technology company that ranks among the Top 10 photovoltaic battery companies in the world. It lays out the core links of the photovoltaic industry chain, focusing on the integrated R&D and manufacturing of photovoltaic products and the provision of overall clean energy solutions, and its sales have led the global mainstream photovoltaic market for many years. JinKO Solar is the first in the industry to establish a "vertically integrated" capacity from silicon processing to wafer, cell and module production. JinKO Solar continues to expand the diversified scale application scenarios of photovoltaic technology, deploying photovoltaic building integration, photovoltaic hydrogen production, energy storage and other fields.
Major product technologies:
Products: Tiger Neo series, Tiger Pro series, Tiger series, Cheetah series, energy storage products and BIPV; solutions: residential rooftop, industrial and commercial distributed and ground power stations.
Latest news and related layout:
On July 1, 2022, JinKO Solar's second workshop N-type high-efficiency cell production equipment entered the site. On June 28, JinKO Solar's "Jianshan Phase II 11GW high-efficiency cell and 15GW module intelligent production line project" participated in the centralized groundbreaking ceremony. In February this year, JinKO Solar put into production 8GW of large-size N-type TOPCon cells and modules in Haining, Zhejiang. The production capacity has now reached full production, and various indicators such as output, cost, efficiency, and yield are in line with expectations. Among them, the mass production efficiency of the battery has reached 24.75%, and the available yield is the same as that of PERC.
⑦ RUNERGY
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Established date |
July 19, 2017 |
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Corporate headquarters |
Jiangsu, China |
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Registered capital |
700 million RMB |
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Company website |
Company profile:
RUNERGY is an industry-leading solar cell manufacturer, focusing on the research and development and production of high-efficiency solar cells. The photoelectric conversion efficiency and cost control level of RUNERGY cell products are industry-leading. The production capacity of RUNERGY monocrystalline PERC cells has reached 21GW, and all of them have the production capacity of large-sized cells of 182mm and above, which accurately matches the technological development trend of the industry and the downstream market demand.
Core product:
Monocrystalline PERC solar cells.
Latest news and related layout:
RUNERGY is currently building a high-purity polysilicon project with an annual output of 50,000 tons, with a planned total investment of about 4.98 billion RMB. This project is the first phase of the overall planning of the "Ningxia Runyang Silicon Material Technology Co., Ltd. Photovoltaic Materials and Battery Industry Science and Technology Park Project".
⑧ CSIQ
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Established date |
January 7, 2005 |
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Corporate headquarters |
Jiangsu, China |
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Registered capital |
205.841065 million RMB |
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Company website |
Company profile:
CSIQ has now developed into one of the world's largest solar photovoltaic products and energy solutions providers, as well as the world's largest solar power plant developer and one of the world's Top 10 photovoltaic battery companies. Canadian Solar's photovoltaic module products and system solutions have excellent quality advantages and leading cost control advantages, and are in an industry-leading position in the field of power station project development and overall solution business.
Major products and solutions:
Photovoltaic modules, power station products, inverters, commercial products, distributed systems, household products, energy storage, electricity sales and smart energy.
Latest news and related layout:
On June 26, 2022, Dafeng Economic Development Zone signed a photovoltaic energy storage system project with CSIQ. In 2017, CSIQ invested in the construction of a 6GW photovoltaic module project in Dafeng Economic Development Zone. At present, 12 production lines of the module factory have been completed and put into operation, with a production capacity of 6.5GW. The other four production lines in the second phase are scheduled to be installed and put into operation by the end of 2022. After the first and second phases are fully completed and put into production, the production capacity will reach 9.5GW.
⑨ Hanwha
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Founded time |
1952 |
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Corporate headquarters |
Seoul, Korea |
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Total market capitalization |
2.21 trillion KRW |
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Company website |
Company profile:
Hanwha is one of the Top 10 companies in Korea and one of the Top 10 photovoltaic battery companies in the world. Its business mainly covers three industries: manufacturing and construction, finance, service and leisure. Hanwha's business scope covers chemical and materials, photovoltaic energy and other fields.
Main products and services:
Solar - complete photovoltaic solutions; chemistry and materials: EVA for solar cells and EVA sheets.
Recent layout:
Hanwha's recent investment in REC Silicon enables REC to expand its long-term partnership with Ferroglobe, and plans to make follow-on investments in nearly every sub-sector of the U.S. solar manufacturing industry after securing a stable supply of key raw materials for PV module production to build a complete PV supply chain. Hanwha previously announced a plan to invest 100 billion KRW in the construction of packaging film and backplane factories in Georgia, the United States, and the 1.4GW module production capacity is also being expanded.
⑩ JIETAI TECHNOLOGY
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Established date |
December 6, 2019 |
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Corporate headquarters |
Jiangxi, China |
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Registered capital |
902 million RMB |
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Company website |
Company profile:
JIETAI TECHNOLOGY focuses on the R&D, manufacturing, sales and service of high-efficiency solar cells, and is committed to providing high-efficiency solar cell products with high performance, high reliability, and meeting IEC double standards. JIETAI TECHNOLOGY adopts the most advanced solar cell production technology and equipment in the world, and aims to become the world's leading solar cell leading company.
leading products:
Large size (182mm&210mm) single crystal PERC cell.
Related layout:
In 2022, JIETAI TECHNOLOGY has successfully completed the technological breakthrough of N-type batteries, built and put into operation a 16GW/year N-type high-efficiency battery production line in its subsidiary, and took the lead in the industry to achieve mass production of a new generation of N-type batteries, promoting industry technology upgrades. JIETAI TECHNOLOGY's large-size (182mm&210mm) single crystal PERC cells, with a conversion efficiency of up to 23.5%, product performance reaching the international advanced level, and production capacity ranking at the forefront of the industry.
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