Solar energy, a clean and efficient power source, significantly contributes to global power capacity. This has increased solar panel suppliers, and selecting the right one has become challenging. In this article, we will provide a comprehensive list of the top 20 solar panel manufacturers in the world, aiding in informed choices for a sustainable future.
With growing concerns about climate change, solar energy is gaining popularity as a major source of clean power. Numerous solar companies worldwide produce solar cells and panels. To assist you in finding the top manufacturers, we’ve compiled a list of the top 20 solar panel manufacturers in the world:
Since its establishment in 1985, SunPower has been at the forefront of the solar energy industry. Operating in all 50 states, the company established Maxeon, its solar panel manufacturing arm, offering four lines of highly efficient monocrystalline solar panels with efficiency ratings surpassing 20%. SunPower provides a comprehensive range of solar energy components and facilitates virtual consultations with solar experts on their website for system planning.
As a technological leader, this company ensures that all its systems are controllable and monitorable through a user-friendly mobile app and the EnergyLink monitoring system. It offers flexible options for consumers, including both purchase and zero-down lease choices. Despite occasional communication issues, SunPower maintains high overall consumer ratings. With a commitment to innovation and sustainability, it continues to play a pivotal role in the global transition to cleaner energy solutions and thus bags a place among the top 20 solar panel manufacturers in the world.
With over 14 factories, including one in the US, Jinko Solar ships its products to more than 160 countries. Their solar panels are suitable for both residential and commercial use, utilized in various projects, including the world’s largest hybrid solar-hydro plant in Yajiang County, Eastern Tibet.
In summary, Jinko Solar is among the top solar companies in the world, showcasing substantial production capacity, impressive revenue growth, and a wide-reaching market presence.
Canadian Solar stands out as one of the top global manufacturers of solar PV modules, emphasizing research and innovation. The company is known for delivering high-quality products at competitive prices, focusing on manufacturing, engineering, and project development. While already a leader in solar PV technology, Canadian Solar continuously expands its product range and enhances manufacturing efficiency. Pioneering thin-film modules, the company is committed to offering customers top-notch products.
Since its establishment in 2001, with headquarters in Ontario, Canada, Canadian Solar has grown globally, boasting over 14,000 employees and offices in the United States, Europe, and Asia. The company’s dedication to innovation and global presence positions it as a key player in the solar industry. It is thus one of the top 20 solar panel manufacturers in the world.
If you’re on the East Coast and thinking about using solar power for your home, Trinity Solar might be the solution for you. Trinity is a family-run business specializing in solar on the East Coast, serving nine states from Florida to Massachusetts. They work with brands like Q-cells, Tesla, Generac, and SolarEdge.
Trinity offers well-known solar systems and components, and they provide financing, zero-down solar leasing, and a PPA option. The company also has referral rewards for its customers. While Trinity provides 25-year warranties for solar panels and five-year coverage for installations, the warranties for inverters last for 12 years unless you buy an extension for coverage up to 25 years.
Longi Solar, a Chinese company, has a revenue of about 128 billion CNY (£14 billion). While Longi didn’t ship as many solar panels and cells in 2022 as the top companies, it still reached an impressive 29.2 GW.
From its humble beginnings, Sharp Solar has experienced remarkable growth over the past few decades. Now a major player in solar panel manufacturing, the company operates globally, with offices in over 100 countries and a workforce exceeding 8,000. Headquartered in Japan, Sharp Solar boasts over 40 years of industry experience.
Dedicated to environmental sustainability, Sharp Solar stands out as one of the world’s most innovative solar panel companies. Leveraging its technology and expertise, the company actively contributes to reducing the global carbon footprint. Notably, Sharp Solar has developed some of the most efficient solar panels available today, catering to diverse needs, including homes, businesses, farms, and schools.
Founded in 2001, Suntech is based in Wuxi, China, and centers its efforts on researching and developing innovative solar technologies. With units in Australia, Hong Kong, South Africa, and the UAE, as well as a global business presence, this Chinese firm extends its reach worldwide. While most production facilities are situated in Asian countries, there is also a plant in Germany.
The company offers a diverse range of products, including panels with various capacities suitable for different applications. All these bags it a place in this list of the top 20 solar panel manufacturers in the world.
JA Solar, based on shipments, shipped out 36.2 GW worth of solar cells and panels in 2022. This Chinese company boasts over 32,000 employees and has developed solar cells with an impressive 25% efficiency, surpassing the average of 20%.
JA Solar reported an annual sales revenue of about 72.9 billion CNY (£8.04 billion) in 2022, a figure expected to increase. Notably, its revenue for the first half of 2023 has already grown by 43.5% compared to 2022 and is anticipated to continue rising.
The company’s global reach extends to over 135 countries, including the UK, where it ships its products. It is thus among the top solar companies in the world.
Hanwha Q Cells, a South Korean company, specializes in manufacturing solar cells and modules. Currently, it holds the top market share position in both residential and commercial markets in the United States. The company provides high-quality products for projects on a global scale, including residential, commercial, and utility-scale initiatives.
Being one of the world’s largest PV manufacturers, Hanwha Q Cells can offer competitive prices for its products. Utilizing cutting-edge technologies, the company produces high-quality solar panels that require less space to generate sufficient electricity for residential use. Notably, its products rank among the most efficient solar panels available in the market today.
Established in 1998 in China, MUST Solar is now based in Hong Kong. It produces high-quality solar panels containing 60-72 single-crystal cells, offering a maximum power output of 250-300 watt-peak with an average efficiency of around 18.3 percent. This company provides a wide range of products.
In addition to PV modules, the company is involved in the development, manufacturing, sales, and after-sales service of inverters, energy storage solutions, monitoring devices, and more. It is truly one of the top solar companies in the world.
Talesun Solar is among the top 20 solar panel manufacturers in the world. It is a Chinese firm that stands out as a leader in PV module and cell manufacturing. Headquartered in Suzhou, the company boasts an annual production capacity of 5 gigawatts for solar modules and 4 gigawatts for cells. Overall, Talesun Solar has played a role as an investor and developer for over 6 gigawatts of photovoltaic stations and has shipped more than 10 gigawatts of modules.
Also See: 5 Top Solar Panel Manufacturers in India listed in Stock Exchange
Founded in 1996 in Norway, this U.S.-based company has evolved into one of the leading global solar energy firms. REC supplies solar modules that power installations worldwide. As of the turn of 2019-2020, the company has produced approximately 38 million high-quality and reliable PV panels. REC’s solar products undergo rigorous internal testing, third-party certification, and approval, boasting the lowest claim rates in the industry.
First Solar engages in the development, financing, engineering, construction, and operation of some of the world’s largest grid-tied photovoltaic stations. Their solutions prioritize reliability, dependability, and cost-effectiveness. First Solar leads in research and development investment, enabling a rapid increase in energy yield, minimizing the levelized cost of electricity, and ensuring stability in grid integration.
First Solar’s technology delivers energy during peak hours, helping to stabilize costs for electricity users and making the levelized cost of energy competitive with conventional sources. It is truly one of the top solar panel companies in the world.
While Panasonic is well-known for manufacturing electronic devices like smartphones, cameras, and air-conditioners, it is also a producer of solar panels. The PV modules from Panasonic are recognized for their exceptional reliability. Among their best series is the 330N HIT, consisting of 96 solar cells and boasting a 19.7% efficiency rate.
About Best company for solar panels
As the photovoltaic (PV) industry continues to evolve, advancements in Best company for solar panels have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Best company for solar panels for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Best company for solar panels featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
