Top 10 PV modules of 2020
ABOUT TOP 10 MANUFACTURERS
JinkoSolar Holding Co., Ltd
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.
JinkoSolar has 9 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.
LATEST MODEL: 610 W Tiger Pro TR solar modules
LONGi Green Energy Technology, formerly Xi’an Longi Silicon Materials Corporation, is a major Chinese manufacturers of photovoltaics and a developer of solar projects. Longi is the world largest manufacturer of monocrystalline silicon wafers and is listed on the Shanghai Stock Exchange.0
LONGi leads the solar PV industry to new heights with product innovations and optimized power-cost ratio with breakthrough monocrystalline technologies. LONGi supplies more than 30GW of high-efficiency solar wafers and modules worldwide yearly, about a quarter of global market demand. LONGi is recognized as the world’s most valuable solar technology company with the highest market value. Innovation and sustainable development are two of LONGi’s core values.
LATEST MODEL: Hi-MO 5 solar modules.
JA Solar was founded in 2005 in Yangpu district, Shanghai. . On the strength of its continuous technological innovation, sound financial condition, well-established global sales and customer service network, JA Solar has been highly recognized by authoritative associations in the industry as a leading global manufacturer of high-performance PV products.
JA Solar is a manufacturer of high-performance photovoltaic products. With 12 manufacturing bases and more than 20 branches around the world, the company’s business covers silicon wafers, cells, modules and photovoltaic power stations. JA Solar products are available in 135 countries and regions and are used extensively in ground-mounted power plants, commercial & industrial rooftop PV systems and residential rooftop PV systems. The company has been listed on Fortune China 500 and Global Top 500 New Energy Enterprises for several consecutive years.
LATEST MODEL: 525 W+ solar module
Dr. Shawn Qu, Chairman, President and Chief Executive Officer founded Canadian Solar (NASDAQ: CSIQ) in 2001 in Canada, with a bold mission: to foster sustainable development and to create a better and cleaner earth for future generations by bringing electricity powered by the sun to millions of people worldwide. Under Dr. Qu’s leadership, the company has grown into one of the world’s largest solar photovoltaic products and energy solutions providers, as well as one of the largest solar power plant developers globally. Cumulatively delivering over 52 GW of solar modules to thousands of customers in more than 150 countries, enough to meet the clean, green energy needs of approximately 13 million households. We have more than 14,000 dedicated employees to strive each day to make this mission a reality. Customers choose us because we deliver the best-possible value. Our modules and system solutions combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment. We currently have more than 20 GW of solar projects and over 9 GW of storage projects in our pipeline, and are uniquely positioned to provide project development and complete turnkey solar solutions. By bundling services for the entire project life cycle—feasibility study, permitting, developing, engineering, procurement, construction, and maintenance—we can significantly reduce complexity and cost for industrial and commercial customers. In 2020, we raised $260 million capital for the planned Company’s MSS business’ carve-out IPO and completed a $230 million convertible bond issuance. It will provide us with quick expanding our manufacturing capacity together with the most advanced technologies for supporting our target from 18GW to 20GW of shipments in 2021.
LATEST MODEL: 1) HIKU7 solar modules of up to 665W.
2) BIHIKU7 solar modules of up to 665W.
Risen Energy Co., Ltd. was founded in 1986 and listed as a Chinese public company (Stock Code: 300118) in 2010. Risen Energy is one of the pioneers in solar industry and has committed to this industry as a R&D expert, an integrated manufacturer from wafers to modules, a manufacturer of off-grid systems, and also an investor, a developer and an EPC of PV projects. Aiming to deliver the green energy worldwide, Risen Energy is developing internationally with offices and sales networks in China, Germany, Australia, Mexico, India, Japan, USA and others. After years of efforts, it has reached a module production capacity of 14GW. While growing rapidly, Risen Energy keeps a stable pace with an average debt ratio at around 60% from 2011 to 2020. As a state-level high-tech enterprise, Risen Energy has more than 45 key business core technologies, and has established a national level photovoltaic laboratory, which is independent and received CNAS certification. The laboratory can carry out 54 project tests according to EC61215, IEC61730-2 and UL1703, and provide support for the design, development and quality control of the company and other photovoltaic enterprises.
LATEST MODEL: Titan series 600W+ G6 PV modules.
Q CELLS manufacturers high-quality solar cells and modules and is the premier product brand of Q CELLS. Q CELLS solar modules are engineered in Germany and meet the highest quality standards, are extremely reliable, and achieve outstanding energy yields.
It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with manufacturing facilities in South Korea, Malaysia and China.
They are part of the Hanwha Group which has assets over $150 billion. Q Cells are a trusted and bankable solar global solar company. They have cell production capacity of 8 GW and solar module manufacturing capacity of 8 GW1 (as of January 2018) making them the largest cell manufacturer and one of the largest solar module manufacturers in the world.
Unlike many other manufacturers, Hanwha Q CELLS only uses solar cells of its own cell production to make sure that all of their solar modules and systems benefit from their outstanding high technological standards. They have a Tier 1 Bloomberg rating and are a BNEF Top Tier module supplier.
LATEST MODEL: 1) Q.Peak Duo L-G6.1.
2) Q.Peak Duo L-G6.2
Trina Solar was founded in 1997 by Gao Jifan. As a solar pioneer, Trina Solar helped change this solar industry, rapidly growing from one of the first PV enterprises in China to become a world leader in solar technology and manufacture.
Trina Solar reached a milestone in 2020 when it was listed on the Shanghai Stock Exchange.
As a global leading provider for PV module and smart energy solution, Trina Solar delivers PV products, applications and services to promote global sustainable development. Through constant innovation, we continue to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. Our mission is to boost global renewable energy development around the world for the benefit of all of humanity.
As of Dec. 2020, Trina Solar has delivered more than 66 GW of solar modules worldwide, ranked “Top 500 private enterprises in China”. In addition, our downstream business includes solar PV project development, financing, design, construction, operations & management and one-stop system integration solutions for customers. Trina Solar has connected over 5GW of solar power plants to the grid worldwide. In 2018, Trina Solar first launched the Energy IoT brand, and is now aiming to be the global leader of smart energy. n 2014, Trina Solar realized the milestone of shipping over 1GW in one quarter. We also broke the solar cell efficiency world record 7 times that year. To date, the State Key Laboratory of PV Science and Technology has broken 20 world records on solar cell efficiency and module power.
The unmatched level of innovation and technological capabilities of Trina Solar have allowed us to become global leaders by setting industry benchmarks for both quality and efficiency.
LATEST MODEL: 550W+ Ultra-high Power.
GCL System Integration
GCL System Integration Technology Co. Ltd (002506 Shenzhen Stock) (GCL S.I.) is part of the GOLDEN CONCORD Group (GCL), an international energy conglomerate specializing in clean and sustainable energy.
The Group, founded in 1990, now employs 30,000 people worldwide with business footprints across 31 provinces, municipalities and autonomous regions of mainland China, Hong Kong, Taiwan, as well as Africa, North America, Southeast Asia and Europe. GCL ranked third in the world’s new energy Top500 2017.
GCL S.I. currently has operations all over the world and has five module production bases in mainland China and one in Vietnam, with production capacity of 6GW, and an additional 2GW of high-efficiency battery capacity, making it a world-class module producer. GCL offers a wide range of high-quality products for a variety of application environments, including modules of standard 60/72-piece, dual-glass, high-efficiency polysilicon PERC, and half-cell etc. All products underwent the most rigorous quality inspection and testing. GCL S.I. is rated as a global first-tier module supplier by Bloomberg ranking among the top six globally for three consecutive years. With a vertically integrated value chain operation, GCL S.I. has proven track record of capability and expertise in delivering state-of-the-art solar package solutions incorporating DESIGN-PRODUCT-SERVICE.
LATEST MODEL: G-Home Kits (3KWp to 10KWp)
First Solar has developed, financed, engineered, constructed and currently operates many of the world’s largest grid-connected PV power plants. Our experience across the solar value chain reduces risk while delivering more reliable, dependable and cost-effective solutions for our customers.
No company invests more in R&D advancing our technology to rapidly increase our energy yield, lower LCOE and provide stable grid integration.
First Solar delivers an LCOE that is cost competitive with fossil fuels. First Solar technology delivers power during peak energy use smoothing costs for energy consumers against fuel-price volatility.
With the strongest financial stability in the industry, the use of our technology in debt-financed projects is unparalleled. Our bankable energy solutions provide access to capital and low-cost financing from leading utilities and energy investors.
LATEST MODEL: 1) Series 6.
2) Series 6 Plus.
Talesun Solar, a wholly owned subsidiary of Zhongli Group, was founded in 2010. Through more than 10 years of innovation and development, it has become one of the global Top 10 photovoltaic manufacturers, Tier 1 module supplier in Bloomberg Ranking, one of China’s largest photovoltaic power station developers, and a first-class leading enterprise among China’s photovoltaic manufacturers. Our downstream business includes solar photovoltaic project development, design, EPC construction, operation & maintenance and one-stop system integration solutions for customers. In 2015, the Company innovated and launched “Intelligent Photovoltaic+ Sci-tech Agriculture and PV Farms in Poor Villages”, thus becoming a leader in global solar power industry. Through constantly improving our conversion efficiencies and the quality of PV cells and modules, and optimizing project solution design, Talesun continues to push the decrease of solar energy cost, and makes contributions to the development of global clean and environment-friendly energy.
As of 2019, Talesun has shipped products to over 50 countries worldwide. Since 2015, Talesun has been listed as global first-class PV module supplier by Bloomberg New Energy Finance (BNEF) and has been rated as one of world’s Top 10 module suppliers for consecutive years.
LATEST MODEL: BISTRA PRO