China is home to several of the world’s largest solar panel manufacturers, known for their significant production capacities and technological advancements. The following are the top solar panel manufacturers in China as of 2024.

Jinko Solar Co., Ltd., now officially known as Jinko Solar Holdings Co., Ltd., was established in 2006 and is headquartered in Shangrao, Jiangxi Province, covering an area of over 500 acres. The company specializes in the manufacturing of electrical machinery and equipment, with business operations encompassing the research and development of monocrystalline silicon rods, monocrystalline wafers, polycrystalline ingots, polycrystalline wafers, high-efficiency solar cells, modules, and photovoltaic application systems. It also engages in the production and sales of solar raw materials and related supporting products.

As of March 2023, according to the company’s official website, Jinko Solar has achieved a cumulative shipment volume of 130 GW, operates more than 35 service centers, covers over 160 countries, processes more than 8,000 annual orders, and employs over 1,000 R&D and technical personnel. Its main product lines include the Tiger Neo series, Tiger Pro series, and Tiger series.

In 2022, Jinko Solar completed its IPO, raising RMB 10 billion. As a globally leading manufacturer of photovoltaic (PV) modules and energy storage products, the company adheres to its mission of “Transforming the Energy Structure, Bearing Responsibility for the Future.” It has strategically positioned itself within the core segments of the PV industry chain, focusing on integrated R&D and manufacturing of PV products and providing comprehensive clean energy solutions.

Jinko Solar serves over 4,000 clients across more than 200 countries and regions worldwide. As of Q2 2024, the company has maintained the top position in global module shipments for five consecutive years, with cumulative shipments exceeding 260 GW.

The company’s mission is “Transforming the Energy Structure, Bearing Responsibility for the Future,” and its vision is “Providing comprehensive clean energy solutions and becoming an industry benchmark.” Its core values are “Customer-centricity and contributor-focused development.”

Jinko Solar’s innovation and global influence have cemented its significant position in the PV industry, continuously driving the development of clean energy worldwide.

Founded in 2000, LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as “LONGi Green Energy”) is committed to becoming the most valuable solar technology company in the world.

LONGi Green Energy’s mission is “To make good use of sunlight and create a green energy world.” The company adheres to the brand positioning of “Stability and Reliability, Technology Leadership,” focusing on technological innovation and building five key business sectors: monocrystalline silicon wafers, solar cells, and modules, distributed photovoltaic solutions, utility-scale photovoltaic solutions, and hydrogen energy equipment. These sectors support the development of global zero-carbon products and solutions, combining “green electricity” and “green hydrogen.”

LONGi Green Energy has introduced the “Solar for Solar” model, aiming to create low-cost clean energy globally while adhering to the principles of clean production and green manufacturing. Since 2015, the company has expanded operations in Yunnan, China, and Kuching, Malaysia, leveraging the abundant hydroelectric resources in these regions to achieve clean energy manufacturing using clean energy. LONGi plans to combine photovoltaic and pumped storage solutions in areas with abundant sunlight, coastal locations, and significant elevation differences, forming an industrial model where photovoltaic power drives photovoltaic manufacturing. LONGi believes that photovoltaics can change the Earth’s ecology, and this belief is the original inspiration behind the “Solar for Solar” development model.

LONGi’s business spans over 150 countries and regions. It has established manufacturing bases in China, Vietnam, and Malaysia, and sales offices in countries such as the United States, Japan, India, Australia, and the UAE. The company’s main products include monocrystalline silicon rods, wafers, monocrystalline solar cells, and modules. By the end of 2023, the company’s owned silicon wafer production capacity reached 170 GW, cell production capacity reached 80 GW, and module production capacity reached 120 GW.

In terms of revenue from products, in 2023, the revenue from modules and cells amounted to 99.2 billion RMB, accounting for 76% of the total revenue. Revenue from silicon wafers and rods reached 24.5 billion RMB, while power station and construction services generated 3.3 billion RMB, and power generation revenue was 500 million RMB. The total revenue from silicon rods, silicon wafers, cells, and modules reached 123.7 billion RMB, accounting for 95.5% of the total revenue of 129.4 billion RMB.

Trina Solar Co., Ltd. (commonly known as Trina Solar) is a leading supplier of photovoltaic (PV) modules and a provider of comprehensive solar PV solutions. Founded in 1997 and headquartered in Changzhou, Jiangsu Province, Trina Solar operates in three main business segments: PV products, PV systems, and smart energy. Its specific business activities include the research, development, production, and sales of PV modules, power station and system products, PV power generation and operations, and the development and sales of smart microgrids and multi-energy systems. Its product portfolio includes solar panels and PV inverters.

In 2006, Trina Solar was listed on the New York Stock Exchange. On June 10, 2020, the company was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange under the stock code 688599, becoming the first PV company listed on the STAR Market to cover PV products, PV systems, and smart energy. In November 2022, Trina Solar was recognized by Bloomberg New Energy Finance (BNEF) as the “Most Bankable Module Brand” for the seventh consecutive time.

As of the end of 2023, Trina Solar’s production capacity for PV wafers, cells, and modules reached 55 GW, 75 GW, and 95 GW, respectively, including 6.5 GW each in overseas capacity located in Southeast Asia. The company has consistently ranked among the top three in the industry for PV module shipments, achieving a shipment volume of 65.21 GW in 2023, a year-over-year growth of over 51.3%.

According to its 2023 annual report, Trina Solar recorded a revenue of 113.4 billion RMB, representing a year-over-year increase of 33.32%. Its net profit attributable to shareholders reached 5.5 billion RMB, a year-over-year growth of 50.26%.

Astronergy, established in 2009, is a subsidiary of Chint Group and a comprehensive clean energy solutions provider that integrates development, construction, operation, and services. The company is dedicated to investing in and constructing photovoltaic power stations, energy storage systems, electricity sales, microgrids, and multi-energy complementary projects. To date, Astronergy’s global cumulative photovoltaic installed capacity has reached 8 GW, ranking among the top in the nation. Leveraging Chint Group’s 38 years of expertise in the electric power and energy sectors and its complete electrical industry chain advantages, Astronergy has become a leading new energy enterprise with strengths in both system integration and technological innovation.

As one of the first private enterprises to enter the photovoltaic field in China, Astronergy is also among the earliest in the industry to achieve mass production of n-type TOPCon modules. Astronergy specializes in the R&D, manufacturing, and sales of high-efficiency crystalline silicon solar cells and modules. The company consistently launches its ASTRO series of high-efficiency module products, which are designed to meet the needs of various applications, including large-scale ground-mounted power plants, commercial and industrial distributed systems, and residential systems.

In China, Astronergy has innovatively explored photovoltaic power station construction models and has extensive experience in building diverse power stations, including large and medium-scale ground-mounted power stations, commercial and industrial rooftop photovoltaic systems, and “PV+” projects, such as PV-agriculture, PV-desert, PV-fishery, and PV-pasture. Globally, Astronergy actively participates in the Belt and Road Initiative, developing photovoltaic power stations and providing EPC services in countries such as Thailand, Spain, the United States, Bulgaria, Turkey, India, Romania, South Africa, South Korea, Japan, the Netherlands, Vietnam, and Egypt, promoting the global sharing of green energy.

By the end of 2022, Astronergy planned to achieve a photovoltaic cell production capacity of 10 GW and a module production capacity of 18 GW. By 2025, the company aims to expand its photovoltaic cell capacity to 29 GW and achieve a comprehensive high-efficiency large-size module production capacity of 38 GW.

Risen Energy Co., Ltd. is a new energy company established on December 2, 2002, located in Ningbo, Zhejiang Province, China. The company is mainly engaged in the research, production, and sales of photovoltaic grid-connected power systems, off-grid solar power systems, solar cells, modules, and other related products.

Risen Energy is one of the leading companies in the global solar energy industry, specializing in the research, production, sales, and service of solar modules, photovoltaic power generation technology applications, solar terminal products, and integrated systems. The company is also an investor, developer, and EPC contractor for solar energy projects.

Risen Energy has set up more than 100 offices and subsidiaries worldwide, establishing a global sales network across countries such as China, Germany, Australia, Mexico, India, Chile, Benin, and others, aiming to provide green energy to the world. The company owns independent, comprehensive national-level photovoltaic laboratories and has obtained CNAS certification. In terms of product quality, Risen Energy strictly adheres to international standards such as TÜV, UL, CE, GSG, Golden Sun, and others, along with existing quality systems like ISO9001, ISO14001, and ISO18001.

Risen Energy Co., Ltd. is a high-tech photovoltaic company in Zhejiang Province that integrates research, production, and sales. The company mainly engages in the research and manufacturing of crystalline silicon solar lighting products, solar cells, modules, and photovoltaic application products. The company covers an area of over 50,000 square meters, with total assets nearing 800 million RMB. Its products are exported to more than 30 countries and regions in Europe, the Americas, South Africa, and Southeast Asia. The company has developed a production scale of over 800 varieties, including solar lights, solar cells, and solar modules. All products have passed international safety certifications such as TUV, RINA, CE, GS, ROHS, REACH, PAHS, etc. In 2005, the company passed the ISO9001 Quality Management System certification, and in 2009, it obtained ISO14001 Environmental Management System certification. Additionally, the company has implemented an ERP warehouse management system, making its operations more scientific and standardized.

GCL-Poly Energy Holdings Limited (hereinafter referred to as “GCL Group”) was founded in 1990. It is a green low-carbon technology enterprise that focuses on new energy, clean energy, and renewable energy in various forms such as wind, solar, energy storage, hydrogen, ammonia, and methanol, driven by the goals of carbon peaking and carbon neutrality. GCL Group has an asset scale exceeding 200 billion RMB, with annual revenue approaching 200 billion RMB. It owns several listed companies, including GCL-Poly (03800.HK), GCL-Integrated (002506.SZ), GCL-New Energy (00451.HK), and GCL-Energy (002015.SZ), among others, which are listed on A-shares and H-shares. The company has been ranked among the global top 500 new energy companies for many consecutive years, and among China’s top 500 private companies in the new energy sector. In 2023, GCL Group ranked 40th in China’s top 500 private enterprises, 15th in China’s leading strategic emerging industries, and 5th in Jiangsu Province. GCL Group serves as the chair of the Global Green Energy Council, the Global Solar Council, the Asian Photovoltaic Industry Association, and is the vice-chair of the China Electricity Council.

GCL Group has built six major industrial clusters, including photovoltaics, lithium battery energy storage, digital energy, hydrogen energy, clean energy, and semiconductor materials. In the photovoltaic sector, GCL Group covers the entire industrial chain from upstream silicon materials to midstream silicon wafers and cells, to modules, system integration, and the construction of photovoltaic power plants. The company promotes deep integration of the photovoltaic industry chain. It has a polysilicon production capacity of 185,000 tons, a high-efficiency silicon wafer production capacity of 50 GW, a photovoltaic module capacity of 12 GW, and a cumulative installed capacity of photovoltaic power plants amounting to 8.6 GW. The total installed capacity of rural revitalization power stations has reached 1,197 MW.

In the lithium battery energy storage sector, GCL Group has developed a complete lithium battery energy storage industrial chain in response to growing demand in the storage market. This includes lithium mines, lithium carbonate, cathode materials, anode materials, battery cells, PACK, terminal products, energy storage systems, and battery recycling, all integrated with a digital energy and solar-storage hybrid strategy.

In the digital energy sector, GCL Group leverages its unique advantages in green electricity, intelligent computing, and power trading, focusing on building an integrated green energy ecosystem based on “Electricity + Storage + Computing,” promoting innovation and development in the digital energy field.

In the hydrogen energy sector, GCL Group is advancing both blue hydrogen and green hydrogen technologies and industrialization efforts simultaneously.

In the clean energy sector, GCL Group is committed to “focusing on green development and continuously improving the human living environment.” Its clean energy installed capacity leads the industry.

In the semiconductor materials sector, GCL Group collaborates with the National Integrated Circuit Industry Investment Fund and undertakes major national technological projects. The company covers the full production range of silicon components, from custom sizes to 12-inch silicon wafer manufacturing, filling the gap in domestic electronic-grade silicon materials and providing stable high-end material support for “China’s core” technologies.

Yingli Energy (China) Company Limited, established in 2007, is a wholly foreign-owned enterprise invested in by Yingli Green Energy Holding Company Limited. Located in the Baoding National High-Tech Industry Development Zone in Hebei Province, China, Yingli Energy specializes in providing green energy solutions. As of February 2023, the company employs over 20,000 people and operates four major industrial bases in Baoding and Hengshui (Hebei), Tianjin Binhai New Area, and Haikou (Hainan). It has 65 subsidiaries across Shanghai, Guangzhou, Lanzhou (Gansu), and other locations, as well as branches in 12 countries, including the United States, Germany, Italy, and Spain.

The company’s primary business encompasses the research, production, and sales of silicon solar cells and related products, wind turbines and their components, thermal power generation products, controllers, inverters, megawatt-level trackers, and technical consulting and services. Yingli also engages in the design, installation, and construction of solar photovoltaic power station projects. Yingli Energy was listed on the New York Stock Exchange in June 2007 (NYSE: YGE).

Yingli has invested a total of 3.5 billion RMB in research and development, with over 60,000 square meters of dedicated R&D facilities and research equipment worth nearly 300 million RMB. The company has undertaken 32 national-level projects, including the National “863 Program,” “973 Program,” and key R&D initiatives. Yingli has participated in the development of 124 international, national, and industry standards and has filed 2,139 Chinese patent applications and 13 PCT international patent applications. Its invention patent on “solar cells and their heat treatment processes” has been authorized in the U.S., Japan, and Europe.

Yingli has received 21 national and provincial scientific and technological progress awards, 35 municipal awards, and 28 scientific appraisal recognitions, including four internationally leading achievements, 19 internationally advanced achievements, and five domestically leading ones. Since 2012, Yingli has led the industry in the number of patent applications and authorizations annually.

In collaboration with the China National Institute of Standardization, Yingli spearheaded the creation of the photovoltaic industry’s first clean production standard, the “Clean Production Evaluation Index System for the Photovoltaic Cell Industry.” This standard was approved and implemented by the National Development and Reform Commission, the Ministry of Environmental Protection, and the Ministry of Industry and Information Technology. Yingli actively promotes clean production, energy conservation, emissions reduction, and green manufacturing.

Yingli has received numerous accolades, including recognition as a “National Environmentally Friendly Enterprise” and certification under the global SA8000 social responsibility standard. It is also the first Chinese and global new energy enterprise to join the World Wide Fund for Nature’s “Climate Savers” program, making an unconditional commitment to significant energy conservation and emissions reduction and exceeding greenhouse gas emission reduction targets ahead of schedule. Yingli drives energy-saving and emission-reduction initiatives across its entire supply chain.

In 2024, Yingli exhibited robust market performance, ranking among the top 10 in monthly bidding volume for six of the first nine months. From January to September, Yingli ranked among the top 10 in the industry for module shipments and ninth for bidding volume. As of now, Yingli ranks ninth globally in cumulative historical photovoltaic module shipments.

Suntech Power, formerly known as Wuxi Suntech, was established in 2001 and is a representative of China’s first generation of photovoltaic enterprises. Founded by Shi Zhengrong, known as the “Father of Chinese Photovoltaics,” the company quickly rose to prominence, becoming a benchmark in China’s photovoltaic industry. Just four years after its establishment, in 2005, Suntech Power went public on the New York Stock Exchange (NYSE), becoming the first Chinese private enterprise to be listed on the NYSE. By the end of 2012, Suntech Power’s annual production capacity had reached 2.4 GW, making it the world’s largest solar photovoltaic technology company at the time.

In 2013, Suntech faced financial difficulties due to anti-dumping and countervailing measures in Europe and the United States, along with adjustments in the photovoltaic industry cycle. The company also suffered from strategic missteps. In 2006, Suntech signed a 10-year polysilicon supply agreement with the U.S.-based MEMC company. When prices plummeted, the breach of contract resulted in penalties amounting to $212 million. On March 20, 2013, the Wuxi Intermediate People’s Court ruled to implement bankruptcy reorganization for Wuxi Suntech. This restructuring marked a significant moment in the photovoltaic industry’s response to a series of crises, signaling the start of capacity reductions across the sector.

Suntech Power was fully acquired and led by Jiangsu Shunfeng Photovoltaic Technology Co., Ltd., with Zheng Jianming as the actual controlling shareholder. However, in recent years, Suntech has encountered numerous challenges, including frequent management changes and the departure of many high-level executives. Combined with market cycle fluctuations, Suntech has gradually fallen behind other leading enterprises. On December 9, 2024, Xiamen C&D Corporation Limited (C&D Group) officially took over Wuxi Suntech Power Co., Ltd. (Suntech Power). In the first three quarters of 2024, Suntech’s module shipments reached approximately 6 GW, only about one-tenth of the shipment volumes of top-tier companies.

C&D Group, a state-owned enterprise under the Xiamen Municipal Government, was established in 1980 as Xiamen Construction and Development Company. Over more than 40 years of innovation and transformation, it has grown into a major industrial investment group in Fujian Province, with a registered capital of 9 billion RMB, total assets exceeding 880 billion RMB, and annual revenue surpassing 780 billion RMB. Its main business segments include supply chain operations, urban construction and management, tourism and exhibitions, healthcare, and emerging industry investments. In 2024, C&D Group ranked 85th on the Fortune Global 500 list, 29th on the China Top 500 Enterprises list, and has been the top enterprise group in Fujian Province for several consecutive years.

In November 2024, C&D Group participated in the restructuring of Zhongli Group and took over Zhongli’s subsidiary, Talesun Solar. By acquiring Suntech Power, C&D Group further demonstrates its ambition and strength in the photovoltaic sector.