Top 10 Companies in the China Perovskites Industry (2025): Market Leaders Powering Next-Gen Solar Revolution

In Business Insights
June 12, 2025

The China Perovskites Market was valued at USD 87.4 Million in 2024 and is projected to reach USD 156.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period (2024–2030). This accelerated growth is propelled by China’s strategic investments in third-generation photovoltaic technologies and expanding perovskite applications across optoelectronics, lighting, and quantum computing sectors.

As the solar industry pivots toward ultra-high-efficiency perovskite tandem cells and flexible electronics, Chinese companies are establishing technological leadership through intensive R&D and industrial-scale deployments. This analysis profiles the Top 10 Perovskite Innovators in China—enterprises and institutions shaping the commercial future of this revolutionary semiconductor material.


🔟 1. Xi’an P-OLED Material Tech Co., Ltd.

Headquarters: Xi’an, Shaanxi, China
Key Offering: High-Purity Perovskite Precursors, Quantum Dot Materials

Established in 2016, Xi’an P-OLED dominates China’s research-grade perovskite supply chain with patented solution processing techniques that achieve 99.9% precursor purity. The company services 180+ academic and industrial research partners globally.

Technology Breakthroughs:

  • Commercialized first lead-reduced (Pb<0.5%) perovskite formulations meeting EU RoHS standards
  • Developed anti-solvent crystallization technology enabling 23.8% lab-scale solar cell efficiency
  • Supplies 40% of domestic perovskite quantum dot production

Download FREE Sample Report: China Perovskites Market – View in Detailed Research Report


9️⃣ 2. WonderSolar

Headquarters: Wuhan, Hubei, China
Key Offering: Perovskite Photovoltaic Modules, Turnkey Production Solutions

WonderSolar achieved industry milestones by commissioning China’s first 100MW perovskite solar production line in 2022, with modules demonstrating 18.2% certified efficiency across 800cm² active areas.

Operational Highlights:

  • Partnered with CSIRO to deploy 5MW perovskite farm in Australia (2023)
  • Developed proprietary in-line optical inspection system reducing defects by 76%
  • Announced 1GW production expansion plan across Jiangsu and Anhui provinces

8️⃣ 3. Solargiga Energy Holdings

Headquarters: Dalian, Liaoning, China
Key Offering: Building-Integrated Perovskite Solutions (BIPV)

This NYSE-listed solar manufacturer allocated $47 million in 2023 to convert 30% of its conventional PV capacity to perovskite tandem production lines, targeting the premium architectural glass market.

Commercialization Progress:

  • Supplied 12,000m² of semi-transparent perovskite windows for Shenzhen skyscraper project
  • Developed 4-layer laser scribing process enabling 30cm × 30cm monolithic modules
  • Formed JV with Vitro Glass for BIPV solutions in North American markets

7️⃣ 4. Shenzhen Topray Solar

Headquarters: Shenzhen, Guangdong, China
Key Offering: Flexible Perovskite Solar Products for Portable Electronics

Specializing in roll-to-roll manufacturing since 2020, Topray achieved commercialization of lightweight perovskite films at $0.32/Watt production cost—60% below industry averages.

Market Expansion:

  • Supplies perovskite charging solutions to Huawei, Xiaomi, and Lenovo
  • Commissioned automated 50MW flexible module line with <1% thickness variation
  • Won PLA contract for self-powered military sensor networks (2023)

6️⃣ 5. Dalian Institute of Chemical Physics (DICP)

Headquarters: Dalian, Liaoning, China
Key Offering: Fundamental Materials Research, Technology Licensing

As China’s perovskite research powerhouse, DICP maintains world-record efficiencies across multiple device architectures while commercializing innovations through its 22 spin-off ventures.

Scientific Contributions:

  • Pioneered vapor-assisted crystallization (VAC) technique now used by 80% of manufacturers
  • Developed triple-cation (Cs/FA/MA) formulations stabilizing perovskite under operational conditions
  • Holds core IP for blade-coating deposition processes enabling meter-scale production

Download FREE Sample Report: China Perovskites Market – View in Detailed Research Report


5️⃣ 6. Fujian Zhongmin Taiyang Photoelectric

Headquarters: Xiamen, Fujian, China
Key Offering: Perovskite-Silicon Tandem Modules

Zhongmin Taiyang’s manufacturing breakthroughs include achieving 26.3% certified efficiency on 156mm × 156mm tandem cells through proprietary interfacial engineering techniques.

Industrialization Progress:

  • Operating 200MW pilot line with anticipated 1GW expansion in 2025
  • Demonstrated <5% annual degradation in 1,000hr damp heat tests (85°C/85%RH)
  • Partnering with Jinko Solar for hybrid module commercialization

4️⃣ 7. Tianjin Zhonghuan Semiconductor

Headquarters: Tianjin, China
Key Offering: Perovskite-on-Si Wafer Solutions

This semiconductor leader integrates perovskite deposition directly onto Czochralski silicon wafers, achieving 28.7% lab efficiency while utilizing existing PV manufacturing infrastructure.

Technology Advantages:

  • Developed plasma-enhanced ALD equipment for conformal perovskite coatings
  • Automated production cells achieving 92% yield on 182mm wafers
  • Received IEC 61215/61730 certifications for utility-scale deployment

3️⃣ 8. EcoSolifer

Headquarters: Suzhou, Jiangsu, China
Key Offering: Environmentally Optimized Perovskite Solutions

Focusing on sustainable materials engineering, EcoSolifer’s innovations include recyclable module architectures and lead-sequestration technologies that reduce environmental risks.

Eco-Innovations:

  • Commercialized Sn-based perovskite with 11.8% stabilized efficiency
  • Developed polymer encapsulation extending module lifetime to >15 years
  • Implemented closed-loop solvent recovery system reducing waste by 90%

2️⃣ 9. GCL System Integration

Headquarters: Suzhou, Jiangsu, China
Key Offering: Utility-Scale Perovskite Deployments

GCLSI merged perovskite innovation with its 30GW solar manufacturing expertise to build China’s first 50MW perovskite power plant in Qinghai Province (2024).

Project Milestones:

  • Integrated perovskite with existing CIGS production lines achieving 22% combined efficiency
  • Developed robotic cleaning systems maintaining >95% of initial output after sandstorms
  • On track to deploy 480MW perovskite capacity by 2026

1️⃣ 10. JinkoSolar

Headquarters: Shangrao, Jiangxi, China
Key Offering: High-Volume Perovskite Tandem Production

The solar giant’s $210 million perovskite R&D center has filed 147 patents, while its acquisition of two startups accelerated commercialization timelines by 18 months.

Industrial Leadership:

  • Demonstrated 27.3% efficiency on 26cm² production-line tandem cells
  • Building 300MW pilot line with capacity to scale to 3GW annually
  • Integrating perovskite deposition into existing TOPCon manufacturing flows

Get Full Report Here: China Perovskites Market – View in Detailed Research Report


🌞 Market Outlook: Perovskite’s Transformation of Renewable Energy

China’s perovskite ecosystem now represents 62% of global patent filings and 58% of production equipment manufacturing capacity, positioning the country to dominate next-generation solar technology deployment through 2035.

📈 Strategic Industry Developments:

  • MIIT’s 2025 roadmap targets 30GW perovskite production capacity
  • 100+ demonstration projects exceeding 500MW cumulative deployment
  • Vertically integrated supply chains reducing module costs by 22% annually
  • Military applications driving $380 million in specialized R&D funding

Get Full Report Here: China Perovskites Market – View in Detailed Research Report

These market leaders are not merely participants—they’re architecting China’s technological leadership in the global energy transition through perovskite innovation at unprecedented scale and speed.