Who will dominate the global PV module market in 2023?

A total of 18 Chinese companies were selected in the top 20 list, with a total output of more than 440GW in 2023, gradually taking over the global PV module market with their unique advantages. LONGi, the king of the PV industry, will supply 66.44GW of modules in 2023, up 42% year on year.

What are the top 5 solar module manufacturers in 2023?

The total module shipments of the top 5 manufacturers nearly reached 300GW in 2023. The major players maintained their leading positions throughout the list. The top four were LONGi, Jinko, Trina and JA Solar, the same order as last year.

Is China a leader in solar PV?

This has solidified the country’s position as an undisputed leader in the solar field. What's more, China proudly hosts the world's top ten suppliers of manufacturing equipment for solar PV. The numbers are nothing short of awe-inspiring: China's production of PV panels skyrocketed from 124.6 GW in 2020 to a staggering 288.7 GW by 2022.

Where do PV modules come from?

In 2016, manufacturers in China and Taiwan met the majority of global PV module demand, accounting for 68% of all modules, followed by the rest of Asia at 14%. The United States and Canada manufactured 6%, and Europe manufactured a mere 4%. In 2021 China produced about 80% of the polysilicon, 95% of wafers, 80% of cells and 70% of modules.

Who is versolsolar Hangzhou?

In the wave of new energy technology, Versolsolar Hangzhou Co., LTD. has always stood at the forefront of the industry, with its excellent technical strength and innovation ability, leading the development of photovoltaic stent field.

Can versol mount a photovoltaic power station?

Versol's V-Basic mounting system can be applied to photovoltaic power station in different terrain and environment. The product range includes a wide range of models and styles, and is highly adaptable.