Tongwei Solar (TW-Solar) is the largest solar panel manufacturer in the world. TW-Solar shipped a whopping 38.1GW of solar modules in 2022, doubling Trina Solar's shipments and achieving an annual revenue of USD $20.57 billion (£16.2 billion). In August 2023, Tongwei Group made history as the first solar PV company on the Fortune Global 500 list.
Last but not least on our list of the largest solar panel manufacturers is the Sharp Corporation, founded in 1912. Sharp is another Japanese solar panel manufacturer and one of the best solar panels manufacturers and electronics corporations in the world.
Based on their manufacturing capacity and shipments, the three companies that have produced the most solar panels are JinkoSolar, LONGi Green Energy Technology, and Trina Solar. Below is more information about the 3 top solar companies for scaled solar panel production.
In August 2023, Tongwei Group made history as the first solar PV company on the Fortune Global 500 list, and is currently the only solar company on the global list (as of March 2024). The top seven global solar panel manufacturers are mostly (though not exclusively) Chinese.
In comparison, Europe and North America each produce around 2%. It therefore makes sense that six of the world's seven largest solar manufacturers are also based in China. Tongwei Solar (TW-Solar) is the largest solar panel manufacturer in the world.
India makes up 1.9% of global solar panel production, like South Korea and the US. Its largest solar panel manufacturer is Waaree Energies, founded in Mumbai in 1989, which has a manufacturing capacity of over 12GW.
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Tongwei Solar (TW-Solar), a subsidiary of the Chinese Tongwei Group, sits at the top of the list as the largest solar panel manufacturer in the world. TW-Solar shipped a whopping 38.1GW of solar modules in 2022, doubling Trina Solar''s shipments and achieving an annual revenue of USD $20.57 billion (approx. £16.20 billion).
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