Best top 5 PV module companies in India

Here are top 5 PV module companies in India: Jinko, Trina, Znshine, LONG JI and JA SOLAR.

According to the latest news, as of June 30 this year, India's installed photovoltaic capacity has exceeded 70GW. India's initial goal is to reach 100GW of installed PV capacity by 2022. It can be seen that the current 70GW is still far from the expected target.

Data show that as of 2023, India's PV installed capacity is 70,096MW. Rajasthan has the highest installed capacity of any state at 17.8GW. Gujarat is the only state with an installed capacity of more than 10GW. In 2022, the former was the largest solar PV installation area.

According to the data analyzed, Rajasthan's installed solar PV capacity exceeded 24GW at the end of last year. Jinko, Trina, Znshine, LONG JI and JA SOLAR ranked in the top 5, with the total shipment volume of the top 5 PV module companies in India reaching 49.7%.

At the same time, India said in the announcement that India has the potential to deploy 748.9GW of solar photovoltaic power generation, and has taken measures to increase deployment and promote renewable energy. Photovoltaic module plays a great role in the development of solar photovoltaics, and are also one of the keys to entering energy storage. This article summarizes the top 5 PV module companies in India.

1. Best top 5 PV module companies in India list

① Jinko

Jinko is a well-known and innovative solar technology company. Strategically layout the core links of the photovoltaic industry chain, focus on integrated R&D and manufacturing of photovoltaic products and the provision of global clean energy solutions, and lead the mainstream photovoltaic market in sales volume. It is the first in the industry to establish vertically integrated production capacity from wafer, cell to module production.

Production and sales of high-efficiency solar cells, modules and photovoltaic application systems, solar raw materials and related supporting products; electronic products, solar building decoration materials, and solar lighting equipment for the above application systems.

It is expected that by the end of 2023, the company's monocrystalline silicon wafer, cell and module production capacity will reach 85GW, 90GW and 110GW respectively, of which N-type production capacity will account for more than 75%, and N-type production capacity will lead the industry.

The company continues to expand the diversified scale application scenarios of photovoltaic technology, and actively deploys photovoltaic building integration, commercial and home energy storage and other fields.

② Trina

Trina is a leading provider of total PV smart energy solutions. Focus on sustainable development to promote photovoltaic parity and popularize green energy, and provide solutions from photovoltaic products to smart energy. Contribute to the transformation of new power systems, covering photovoltaic products, photovoltaic systems and smart energy.

Committed to becoming a global leader in smart photovoltaic energy solutions and creating a better zero-carbon new world. Take innovation leadership as the first development strategy and core driving force, and build a comprehensive and leading scientific and technological innovation system.

The business includes photovoltaic modules, power stations and system products, photovoltaic power generation and operation and maintenance services, intelligent microgrid and energy cloud platforms.

Silicon wafers, solar cells, photovoltaic module manufacturing, solar energy technology development and system integration devices, energy storage and photovoltaic application systems. Testing services for solar power generation and photovoltaic products. Solar photovoltaic power plant equipment manufacturing, solar photovoltaic power plant equipment and system installation.

In August 2023, Trina's new generation of N-type i-TOPCon advanced technology accelerated its application, and also became the first module manufacturer in the industry to achieve the mass production power of TOPCon modules exceeding 700W. On that day, Trina comprehensively led the multi-scenario customer value and promoted the industry to open the 700W+ era.

③ Znshine

It is one of the top 5 PV module companies in India, a high-tech company with 35 years of manufacturing experience. Mainly engaged in silicon wafers, cell modules, production and sales, is a vertically integrated industrial chain of photovoltaic manufacturers. Znshine is the largest module company and developer of ground power plants, with operations in more than 80 countries and regions around the world.

Solar photovoltaic power generation, solar photovoltaic system, solar photovoltaic power plant equipment. Manufacture of monocrystalline silicon, polysilicon, silicon solar cells and modules.

Since Znshine became a Chinese module company in India in 2018, it has continued to cultivate the local market, providing high-quality modules for many well-known local Indian customers, and has been designated as providing module equipment for a number of large-scale power stations above the 100 MW level, which is deeply recognized and trusted by customers.

Znshine has continuously innovated in technology, continued to expand in product categories, developed BIPV concepts suitable for photovoltaic building integration, and independently developed N-type TOPCon high-efficiency and high-power components based on the PERC platform.

④ LONG JI

LONG JI is a provider of green energy technology services. As a high-tech and a standardized company in the photovoltaic manufacturing industry, the company has obtained 6 invention patents and 47 utility model patents.

Mainly engaged in high-efficiency monocrystalline silicon solar cells, modules and related electronic products, solar energy application systems. Crystalline silicon solar cells, modules.

The company plans to build an annual output of 60 million sets of photovoltaic module frame projects. Focusing on opening up the whole photovoltaic industry chain, accelerating the construction of China's new energy and new materials industrial base with development vitality, which can meet the production needs of 20GW of photovoltaic modules after completion.

In the future, the company will seize a new round of industrial development opportunities, focus on opening up the entire photovoltaic industry chain, and further expand the industrial scale as the top 5 PV module companies in India. Strive to build an industrial chain dominated by "cell-frame-module-power station" and supported by new photovoltaic materials.

⑤ JA SOLAR

JA SOLAR is a photovoltaic power generation platform company. The industry chain includes silicon wafers, cells, modules and photovoltaic power plants. It is widely used in ground photovoltaic power stations and industrial, commercial and residential distributed photovoltaic systems. With continuous technological innovation, solid advantages and developed global service networks, it has been recognized by customers.

Production and processing of monocrystalline silicon rods and monocrystalline silicon wafers, production of solar cells, development of solar energy series products. Sales of solar cells, modules and related products and raw materials, grid connected solar photovoltaic power generation. Solar photovoltaic power station, engaged in the field of solar cell technology.

Since 2022, JA Technology has accelerated its industrial integration layout. Silicon wafers, lithium battery, auxiliary materials, and photovoltaic power plants will be expanded together, with a planned investment of 3.455 billion RMB.

By the end of 2022, the company had nearly 50GW of module capacity, with upstream wafer and cell capacity accounting for about 80% of module capacity. The company further expanded production in order to improve the matching degree of production capacity in all aspects of the industrial chain.

2. Conclusion

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