How does Wood Mackenzie rank solar PV module manufacturers?

Wood Mackenzie’s unique scoring methodology evaluated more than 30 solar PV module manufacturers. The ranking examines nine different criteria, including module manufacturing experience, vertical integration, financial performance, capacity utilisation, and more. Top 10 solar PV module manufacturer ranking in 2023: Source: Wood Mackenzie.

How many solar PV module manufacturers are there?

Wood Mackenzie has released a comprehensive ranking of global solar PV module manufacturers based on a unique scoring criteria. We evaluated more than 30 solar PV module manufacturers based on vendor surveys, public filings, proprietary databases and dozens of conversations with manufacturers.

Which companies are leading the global PV module market in 2022?

A total of 18 Chinese companies were selected in the top 20 list, with a total output of more than 270GW in 2022, gradually taking over the global PV module market with their unique advantages. LONGi, the king of the PV industry, supplied 46.76GW of modules in 2022, up 21% year-on-year.

Who are the top 20 solar module manufacturers?

The module shipments of the top 20 manufacturers increased by more than 50% year-on-year, of which the shipments of the top four accounted for 59.95% of the total shipments of the top 20. The major players maintained their leading positions throughout the list. The top four were LONGi, Jinko, Trina and JA Solar, the same order as previous year.

What makes a good solar module manufacturer?

The top-ranked manufacturers have several strengths in common, including more than 10 years of module manufacturing experience, vertical integration, and high capacity utilisation. “Our new module manufacturer ranking comes at an optimal time in the evolution of the solar PV supply chain.