The Global Solar Photovoltaic (PV) Market was valued at USD 219.3 Billion in 2024 and is projected to reach USD 419.6 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period (2024–2030). This robust growth is fueled by aggressive global decarbonization goals, supportive government policies, declining solar panel costs, and a surge in demand for clean, renewable energy from residential, commercial, and utility-scale sectors.

As the world accelerates its transition to a sustainable energy future, the focus intensifies on the key manufacturers and technology providers driving innovation, efficiency, and scale in solar power generation. In this blog, we profile the Top 10 Companies in the Solar Photovoltaic PVs Industry—a combination of established giants, innovative module manufacturers, and integrated energy solution providers shaping the landscape of global solar energy.

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🔟 1. LONGi Green Energy Technology Co., Ltd.

Headquarters: Xi’an, China
Key Offering: Monocrystalline Silicon Wafers, Cells, and Modules

LONGi is the world’s largest producer of monocrystalline silicon wafers and a leading manufacturer of high-efficiency solar modules. The company is renowned for its focus on high-efficiency PERC (Passivated Emitter and Rear Cell) and Heterojunction (HJT) technologies, driving down the Levelized Cost of Energy (LCOE) for solar projects globally.

Innovation and Sustainability Initiatives:

• Pioneer in monocrystalline technology adoption

• Commitment to RE100, aiming for 100% renewable energy in its operations

• Heavy investment in R&D for next-generation cell technologies

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9️⃣ 2. Jinko Solar Holding Co., Ltd.

Headquarters: Shangrao, Jiangxi, China
Key Offering: Solar Modules, Cells, Wafers

Jinko Solar is one of the world’s largest and most innovative solar module manufacturers. The company has consistently shipped over 30 GW of modules annually, with a strong global distribution network. Its flagship Tiger Pro series n-type modules are known for high power output and reliability.

Innovation and Sustainability Initiatives:

• Leadership in n-type TOPCon (Tunnel Oxide Passivated Contact) technology

• Multiple “Top Performer” ratings in PV Module Index reports

• Comprehensive ESG framework guiding operations

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8️⃣ 3. Trina Solar Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: PV Modules, Trackers, Inverters, Energy Storage

Trina Solar is a global leader in photovoltaic modules and smart energy solutions. A pioneer in the industry, Trina has set multiple world records for cell efficiency. The company offers an integrated portfolio, including the Vertex series of high-power modules and TrinaTracker smart solutions.

Innovation and Sustainability Initiatives:

• Over 25 world records in PV module and cell efficiency

• Development of 210mm large-size silicon wafer ecosystem

• Commitment to carbon neutrality across its value chain by 2030

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7️⃣ 4. Canadian Solar Inc.

Headquarters: Guelph, Ontario, Canada
Key Offering: Solar Modules, Utility-Scale Project Development, Energy Storage (e-STORAGE)

Canadian Solar is a vertically integrated manufacturer of solar modules and a prominent developer of utility-scale solar power projects. Its HiHero HJT modules represent the high-efficiency end of its product portfolio, while its project development arm, Recurrent Energy, boasts a significant pipeline globally.

Innovation and Sustainability Initiatives:

• Strong focus on HJT and TOPCon high-efficiency modules

• Major player in utility-scale solar project development and operation

• Expansion into utility-scale battery energy storage systems (BESS)

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Global Solar Photovoltaic PVs Market – View in Detailed Research Report

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6️⃣ 5. First Solar, Inc.

Headquarters: Tempe, Arizona, USA
Key Offering: Thin-Film Cadmium Telluride (CdTe) PV Modules

First Solar is the leading Western manufacturer of PV modules and the world’s foremost producer of thin-film solar panels. Its proprietary CdTe technology offers a competitive alternative to crystalline silicon, with advantages in high-temperature performance, durability, and a lower carbon footprint.

Innovation and Sustainability Initiatives:

• Leader in thin-film PV technology with high recyclability rates

• Vertically integrated manufacturing in the US, Vietnam, and India

• Industry-leading module durability and performance warranties

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5️⃣ 6. Hanwha Qcells

Headquarters: Seoul, South Korea
Key Offering: Q.TRON solar modules, Residential and Commercial Solar Solutions

Hanwha Qcells is a top-tier global solar company with a strong presence in both manufacturing and downstream project development. The company is making significant investments in U.S. manufacturing and is known for its high-quality, high-efficiency Q.TRON (Q.ANTUM) module technology.

Innovation and Sustainability Initiatives:

• Major expansion of manufacturing capacity in the United States

• Development of a fully integrated solar supply chain in the U.S.

• Strong brand reputation in the residential and commercial solar segments

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4️⃣ 7. Risen Energy Co., Ltd.

Headquarters: Ningbo, Zhejiang, China
Key Offering: Hyper-ion HJT Modules, Conventional PV Modules

Risen Energy is a major global PV product manufacturer and solar energy solution provider. The company has gained attention for its advanced Hyper-ion HJT modules, which achieve high conversion efficiencies and are targeted at the premium segment of the market.

Innovation and Sustainability Initiatives:

• Focus on heterojunction (HJT) technology for ultra-high efficiency

• Expansion of production capacity for HJT cells and modules

• Active participation in large-scale solar project development globally

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3️⃣ 8. JA Solar Technology Co., Ltd.

Headquarters: Shanghai, China
Key Offering: PV Products, DeepBlue Series High-Efficiency Modules

JA Solar is a leading manufacturer of high-performance photovoltaic products, with a strong focus on R&D and manufacturing excellence. Its DeepBlue series, featuring n-type BYCIUM+ cells, offers high power output, low degradation, and excellent performance in real-world conditions.

Innovation and Sustainability Initiatives:

• Strong emphasis on n-type technologies for improved efficiency

• Robust and vertically integrated manufacturing capabilities

• Consistently ranked among top module suppliers by shipment volume

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2️⃣ 9. SunPower Corporation

Headquarters: San Jose, California, USA
Key Offering: Maxeon® Series Panels, Residential and Commercial Solar Systems

SunPower, through its spin-off Maxeon Solar Technologies, is a leader in premium solar panel technology. The company’s Maxeon IBC (Interdigitated Back Contact) cells are among the most efficient and durable commercially available, targeting the high-end residential and commercial markets.

Innovation and Sustainability Initiatives:

• Proprietary IBC cell technology for maximum efficiency and reliability

• Industry-leading 40-year product warranty

• Focus on the North American and European distributed generation markets

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1️⃣ 10. Sharp Energy Solutions Corporation (SESJ)

Headquarters: Osaka, Japan
Key Offering: PV Modules for Residential, Commercial, and Utility Applications

Sharp is a veteran in the solar industry with decades of experience in photovoltaic technology. The company manufactures a range of modules, including high-efficiency models with heterojunction (HJT) technology. It maintains a strong brand presence, especially in the Japanese and European markets.

Innovation and Sustainability Initiatives:

• Long-standing history and expertise in solar cell R&D

• Production of high-reliability modules for diverse environments

• Integration of solar into building materials and consumer products

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Global Solar Photovoltaic PVs Market – View in Detailed Research Report

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🌍 Outlook: The Future of Solar PVs Is Brighter Than Ever

The solar photovoltaic market is undergoing a profound transformation. While cost reductions have been the primary driver for years, the industry is now shifting towards higher efficiency, improved sustainability, and greater technological diversification.

📈 Key Trends Shaping the Market:

• Accelerated adoption of n-type technologies like TOPCon and HJT for superior performance

• Rise of vertical integration and localized manufacturing in response to supply chain risks and trade policies

• Integration of energy storage systems with solar to provide reliable, dispatchable power

• Growth of agrivoltaics and floating solar to optimize land use

Get Full Report Here:
Global Solar Photovoltaic PVs Market – View in Detailed Research Report

The companies listed above are not only powering the global energy transition—they are actively defining the technological and economic parameters of a solar-powered future.