20 PV Companies To Watch in 2022

Industrials Author: Boying Ji Aug 31, 2023 03:50 PM (GMT+8)

20 PV Companies To Watch in 2022

PV industry

- JinkoSolar: A leading Chinese solar module manufacturer. It has over 20 GW of annual solar panel production capacity across multiple provinces. Jinko has innovative tunnel-type busbar technology and high-efficiency Cheetah panels. It also set up an integrated monocrystalline wafer and cell factory in China to strengthen vertical integration.

- Trina Solar: A large Chinese solar company and one of the world's top solar panel producers. It offers N-type and bifacial panels, including the Tallmax series with solar cell efficiencies of over 21%. Trina has over 13 GW of shipments annually from production facilities in China, Vietnam, and Thailand.

- LONGi Solar: A PV technology company headquartered in Xi'an, China. It manufactures monocrystalline silicon wafers, cells and modules, specializing in high-efficiency Hi-MO 1, Hi-MO 4, and bifacial products. LONGi has shipped over 30 GW of solar modules globally and set a world record solar cell efficiency of 26.1%.

- JA Solar: A leading Chinese solar company based in Shanghai manufacturing high-performance mono and multi solar cells and modules. JA aims to drive solar adoption with tech innovations like its DeepBlue 3.0, DeepBlue 2.0 and DeepBlue 2.5 panels featuring advanced passivating contact and heterojunction cell designs

- Canadian Solar: With headquarters in Canada, this company is a large solar project developer and module manufacturer. It has over 24 GW of module assembly capacity across China, Vietnam and Brazil making it consistently one of the top solar panel suppliers worldwide.

- Hanwha Q CELLS: A Korean solar company merged with German Q CELLS to become a global leader. It has over 6 GW of annual cell and module manufacturing capacity spread across South Korea, Malaysia and America to supply the utility-scale and residential PV markets.

- Risen Energy: A leading Chinese solar manufacturer headquartered in Ningbo recognized for the quality of its multi and mono panels. Risen has over 5 GW of module production capability annually from facilities near Shanghai for global solar projects.

- Talesun: A vertically integrated Chinese solar company involved in manufacturing wafers, cells, and modules and undertaking EPC projects. It has over 2 GW of annual PV module output capacity from its East China production bases and supplies projects internationally.

- First Solar: An American solar company and global leader in thin film PV module technology with an annual CdTe panel manufacturing capacity of over 6 GW from Ohio and Vietnam facilities. First Solar also focuses on utility-scale project development.

- Renesola: A China-based, vertically integrated manufacturer offering advanced hi-efficiency mono and multi PV wafers, cells, and panels. It exports its products worldwide and has delivery centers in key solar markets like Europe, Australia, and Japan.

- Vikram Solar: An Indian solar company involved in founding technologies like heterojunction and perovskite cells. It has cell and module production facilities in Tamil Nadu and Rajasthan supplying the utility, commercial and residential Indian markets exclusively to date.

- SunPower: A USA-headquartered company manufacturing P-type and IBC mono PERC solar cells into high-efficiency panels. It provides commercial rooftop and ground power plant solutions while also collaborating with industries globally on PV technology research.

- Axitec: A Brazilian solar EPC and manufacturing company running a solar cell, panel and accessory factory near São Paulo. With over 300 MW of projects installed in Brazil, it aims to expand into Argentina, Mexico and African solar markets as an independent power producer.

- LONGi Green Energy Technology: A subsidiary of LONGi Solar, it provides services for solar project development and construction integrating LONGi modules and inverters. It has successfully installed and grid-connected over 15 GW of utility projects in mainland China and other Asian countries.

- Yingli Green: Once a top Chinese solar manufacturer, it now focuses on EPC contracting and project development in key markets like Brazil, Australia and Chile after facing financial difficulties previously. It has over 3 GW of solar farms constructed globally.

- Seraphim: A leading China-based solar cell and module producer belonging to the NEOS group. It has multiple production facilities across Sichuan and Jiangsu with over 5 GW of annual capacity. Seraphim is involved in utility-scale PV project installation across Southeast Asia and Europe.

- Astronergy: An overseas subsidiary of Chinese PV manufacturer Astronergy Solar. It supplies high-efficiency monocrystalline panels through international offices for global projects and promotes the lightweight, high-power Astronergy brand outside China having already shipped over 2 GW.

- Solaria: A US-based manufacturer of high-efficiency half-cut solar cells and modules suited for residential applications. It utilizes advanced localized passivation cell designs like Interdigitated Back Contact (IBC) for maximizing output in limited rooftop spaces.

- REC Group: An international solar energy company headquartered in Norway with advanced heterojunction cell and panel technology. It produces over 1 GW annually via factories in Singapore and France. REC supplies high-quality, high-power modules suited for utility projects worldwide.

- Shanghai Electric: A large state-owned Chinese multinational involved in energy, industrial equipment, and integration services. Through its subsidiary Shanghai Electric Solar Energy, it develops utility-scale PV power plants globally and manufactures supporting solar components like inverters, trackers, and batteries from factories in China and Singapore. Shanghai Electric aims to enhance its overseas presence in solar construction and become a leading EPC firm.