During the conference, PVBL announced its annual ranking of the top 20 global photovoltaic module manufacturers. In 2024, the global solar module market continued to see the strongest players thrive, with the top four enterprises — JinkoSolar, LONGi, Trina Solar and JA Solar — collectively shipping over 320GW and dominating the industry.
This insight comes from Wood Mackenzie’s report, “Global Solar Module Manufacturer Ranking H1 2024”, which analyzes over 38 solar module manufacturers from 11 countries. While the report focuses on the first half of the previous year, its findings offer a comprehensive look at the current state of the industry.
The top 20 solar panel manufacturers in the world include Sunpower, Hanwha Q Cells, and RECSolar due to their overall performance.
N-type modules accounted for the majority of shipments from several top-tier manufacturers. Jinko Solar, the top global shipper, reported that over 87% of its 2024 shipments were N-type. However, TOPCon remained the leading advanced technology, with average conversion efficiencies exceeding 24%.
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