Solar Module Exports from World
China leads the world in Solar Module exports with 103,827 shipments, followed by Vietnam with 95,537 shipments, and India taking the third spot with 29,388 shipments . These facts are
Jinko Solar, JA Solar, LONGi and Trina Solar remain in the top four in terms of module shipments. Tongwei currently ranks fifth. Tongwei started manufacturing solar modules in August 2022. It was ranked 8th in the world that year, with shipments of 7.94GW. It then ranked 6th with 31.11GW, and 5th in the first half of 2024 with 18.67GW.
Competition for third and fourth place in the global module shipments list will be fierce in 2024. According to Trina Solar, its shipments of 50.5GW in the first three quarters ranked fourth in the world, slightly less than LONGi Green's 51.23GW, with a difference of only 0.83GW between the two.
N-type modules accounted for the majority of shipments from several top-tier manufacturers. Jinko Solar, the top global shipper, reported that over 87% of its 2024 shipments were N-type. However, TOPCon remained the leading advanced technology, with average conversion efficiencies exceeding 24%.
According to Wood Mackenzie's report, China continues to dominate the solar module manufacturing landscape in terms of scale, but emerging challengers from India, South Korea, and Vietnam are rapidly closing the gap as global production becomes more geographically diverse.
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