The list of Top 10 PV module Manufacturers of 2020 is based on their shipment dispatch statistics during the mentioned year. Among these manufacturers, LONGi Solar ranked as the leader of the list in 2020. LONGi Solar has outstripped its main competitor, e.g. Jinko Solar, in 2020 with more than 20 GW PV module shipment.
After that Jinko Solar is on the second rank followed by JA Solar and Trina Solar on the third and fourth rank. It is important to note that in this year the top PV Module manufacturers provided 81.5% of global demand translating into shipping around 114.1 GW of PV modules in 2020.
Global solar PV capacity additions are expected to reach nearly 107 GW in 2020 in the main case, representing stable growth from 2019 (this forecast has been revised up by 18% from the market report update published in May).
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Unprecedented US solar PV expansion of almost 17 GW is forecast for 2020, the highest annual increase to date. Growth is mostly in utility-scale projects, with 3.9 GW more additions than in 2019, which will more than offset the decline forecast for the distributed segment.
It is important to note that in this year the top PV Module manufacturers provided 81.5% of global demand translating into shipping around 114.1 GW of PV modules in 2020. CHINT Solar has been ranking among China’s Top 500 companies for 18 consecutive years and has been active in the energy sector, including solar energy.