The Global DG Ground-mounted Solar PV Market was valued at USD 56.3 Billion in 2024 and is projected to reach USD 105.8 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period (2025–2032). This growth is being driven by accelerated global energy transition policies, falling solar module prices down 30% year-over-year in 2024, and the increasing adoption of advanced technologies like bifacial panels and hybrid solar-storage solutions across commercial, industrial, and emerging market applications.
As the renewable energy sector evolves toward decentralized generation and sustainable power solutions, the focus turns to the leading manufacturers and developers who are innovating in efficiency, scalability, and integration. In this blog, we profile the Top 10 Companies in the DG Ground-mounted Solar PV Industry—a blend of technology pioneers, module producers, and system integrators shaping the future of ground-mounted solar photovoltaic systems worldwide.
🔟 1. Yingli Green Energy Holding Company Limited
Headquarters: Baoding, China
Key Offering: Panda series bifacial modules, ground-mounted EPC services
Yingli Green Energy specializes in cost-effective crystalline silicon solutions for DG projects, with a focus on residential-adjacent commercial setups. Operating in over 40 countries, it contributes to Asia-Pacific’s 60% market share through efficient supply chains. Recent R&D emphasizes heterojunction technology for future-proof installations.
Sustainability Initiatives:
-
End-to-end solutions including panel recycling
-
Partnerships with international financiers for emerging market growth
Read Full Report: 2025-2032 Global and Regional DG Ground-mounted Solar PV Industry Status and Prospects Professional Market – View in Detailed Research Report
2️⃣ 2. Risen Energy Co., Ltd.
Headquarters: Ningbo, China
Key Offering: Titan series hyper-efficient modules, bifacial tracking systems
Risen Energy advances the DG sector with hyper-bifacial modules achieving 700W+ output, suited for large ground-mounted arrays. The company supports emerging markets in Africa and Latin America, where electrification demands grow 3% annually. Its supply chain strength enables cost-effective deployments, even amid polysilicon volatility.
Sustainability Initiatives:
-
Aims for 60GW production with sustainable sourcing
-
Expansion into off-grid hybrids for developing regions
3️⃣ 3. Hanwha Q CELLS Co., Ltd.
Headquarters: Seoul, South Korea
Key Offering: Q.PEAK DUO modules, integrated solar-storage solutions
Hanwha Q CELLS drives DG growth through vertically integrated production, offering robust modules for fixed-tilt and tracking systems. With facilities in the US and Asia, it powers over 300MW of annual projects, emphasizing hybrid solutions that combine solar with batteries for 40% of new US installations. Community-led initiatives in Canada highlight its social responsibility focus.
Sustainability Initiatives:
-
Indigenous technology research for durable panels in extreme climates
-
Public-private partnerships to scale recycling programs
4️⃣ 4. SunPower Corporation
Headquarters: San Jose, California, USA
Key Offering: Maxeon high-efficiency panels, Equinox systems for ground-mounted DG
SunPower maintains a premium position with panels boasting efficiencies up to 22.8%, tailored for commercial DG installations in North America and Europe. Its Oasis platform integrates tracking and storage, addressing grid challenges while supporting corporate sustainability goals. The company benefits from strong brand loyalty in markets with high renewable procurement.
Sustainability Initiatives:
-
Zero-waste manufacturing facilities across global operations
-
Strategic alliances for workforce training in solar installation
5️⃣ 5. JA Solar Holdings Co., Ltd.
Headquarters: Beijing, China
Key Offering: DeepBlue series modules, bifacial PERC technology, tracking mounts
JA Solar captures market share through advanced PERC cell technology, delivering reliable ground-mounted solutions for non-residential use. With production hubs across China and Southeast Asia, it supplies over 80% of regional modules, focusing on high-irradiance areas like India and Australia. The company’s innovations enhance energy yields by up to 15% via IoT monitoring.
Sustainability Initiatives:
-
Current output exceeding 40GW annually with recyclable materials emphasis
-
Expansion to floating solar hybrids for land-constrained markets
6️⃣ 6. LONGi Green Energy Technology Co., Ltd.
Headquarters: Xi’an, China
Key Offering: Monocrystalline PERC and HJT modules, ground-mounted system components
LONGi is renowned for its monocrystalline expertise, producing high-efficiency panels that dominate the DG market. The company’s Hi-MO series supports installations from 1MW to 50MW, with strong adoption in Asia-Pacific where it controls significant supply chains. Vertical integration from polysilicon to modules reduces costs by 15-20%, enabling competitive pricing for decentralized projects.
Sustainability Initiatives:
-
Certified low-carbon modules with reduced manufacturing emissions
-
Targets net-zero supply chain by 2040 through green hydrogen integration
Download FREE Sample Report: 2025-2032 Global and Regional DG Ground-mounted Solar PV Industry Status and Prospects Professional Market – View in Detailed Research Report
7️⃣ 7. Trina Solar Limited
Headquarters: Changzhou, China
Key Offering: Vertex series bifacial modules, dual-glass panels, smart tracking solutions
Trina Solar leads in innovation for ground-mounted DG systems, offering modules that achieve efficiencies over 22%. Serving diverse applications from industrial parks to emerging markets, the company focuses on hybrid parks combining solar with wind and storage for capacity factors exceeding 60%. Its R&D investments, one of the largest in the industry, support scalable deployments across Asia and Europe.
Sustainability Initiatives:
-
Aim for 100GW annual production capacity by 2030 with low-carbon processes
-
Europe’s leading agrivoltaic projects to optimize land use
Download FREE Sample Report: 2025-2032 Global and Regional DG Ground-mounted Solar PV Industry Status and Prospects Professional Market – View in Detailed Research Report
8️⃣ 8. Canadian Solar Inc.
Headquarters: Guelph, Ontario, Canada
Key Offering: Monocrystalline and polycrystalline modules, EPC services for ground-mounted PV
Canadian Solar excels in comprehensive solutions for DG projects, from module production to full EPC delivery. The company’s HiKu and BiHiKu series cater to fixed-tilt and single-axis tracking installations, ideal for commercial applications. In 2023, it shipped over 20GW of modules, with a strong presence in North America where policy incentives like the Inflation Reduction Act drive growth.
Sustainability Initiatives:
-
Renewable energy targets integrated into supply chain operations
-
Partnerships for battery-integrated solar systems to address intermittency
9️⃣ 9. Jinko Solar Holding Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Crystalline silicon modules, bifacial panels, tracking systems
Jinko Solar is a dominant force in the crystalline silicon segment, delivering high-efficiency modules for DG ground-mounted projects worldwide. With over 20GW of annual shipments, the company supports decentralized generation in non-residential sectors, emphasizing bifacial technology that boosts yields by 10-20%. Its global footprint spans more than 22 countries, fueling corporate PPAs and industrial installations.
Sustainability Initiatives:
-
Investment in PERC and TOPCon cell advancements for higher efficiencies
-
Collaborations with airports and utilities for agrivoltaic integrations
🔟 10. First Solar, Inc.
Headquarters: Tempe, Arizona, USA
Key Offering: Thin-film cadmium telluride (CdTe) solar modules, ground-mounted PV systems
First Solar stands as a global leader in thin-film solar technology, specializing in ground-mounted installations that excel in high-temperature and diffuse light conditions. The company powers decentralized energy projects with its Series 6 and 7 modules, serving commercial and utility-adjacent applications up to 50MW. Recent expansions include a 3.3GW manufacturing facility in India, announced in Q1 2024, to meet rising demand in Asia-Pacific markets.
Sustainability Initiatives:
-
100% recyclable modules through proprietary closed-loop processes
-
Partnerships for hybrid solar-storage projects to enhance grid stability
-
Committed to net-zero operations by 2050 with carbon-neutral manufacturing
Download FREE Sample Report: 2025-2032 Global and Regional DG Ground-mounted Solar PV Industry Status and Prospects Professional Market – View in Detailed Research Report
🌍 Outlook: The Future of DG Ground-mounted Solar PV Is Decentralized and Integrated
The DG ground-mounted solar PV market is experiencing a profound transformation. While crystalline silicon modules maintain dominance, the sector is channeling investments into hybrid systems, advanced tracking, and sustainable manufacturing to overcome land and grid constraints.
📈 Key Trends Shaping the Market:
-
Rapid expansion of bifacial and PERC technologies in Asia-Pacific and North America
-
Regulatory mandates for 10-20% renewable integration by 2030 in over 130 countries
-
Digitalization through AI and IoT for predictive maintenance and yield optimization
-
Corporate and utility alliances for PPAs and hybrid parks enhancing reliability
Read Full Report: 2025-2032 Global and Regional DG Ground-mounted Solar PV Industry Status and Prospects Professional Market – View in Detailed Research Report
The companies listed above are not only illuminating decentralized energy networks—they’re leading the global shift to sustainable, resilient power.
Distributed generation (DG) ground-mounted solar PV systems represent a critical bridge in the renewable transition, offering scalable power from 1MW to 50MW directly to local grids. These installations leverage crystalline silicon and thin-film technologies, with bifacial modules and trackers boosting efficiency. Growth stems from a 82% LCOE drop since 2010, corporate PPAs capturing 60% of 2023 contracts, and policies like the US IRA. Yet, challenges like 30% project delays from permitting and 40% polysilicon volatility persist. Opportunities in hybrids (>60% capacity factors) and floating PV (+10% efficiency) promise expansion, especially in Asia-Pacific’s 60% share.
Market drivers include energy transition in 130+ nations, panel efficiencies over 22%, and 300+ corporations pledging 100% renewables. Restraints involve land zoning, supply chains, and grid queues exceeding 5 years. Opportunities arise in emerging electrification (3% annual demand rise), while challenges encompass financing in volatile economies, 1M workforce gap by 2030, and <10% recycling rates amid 80M tons waste by 2050.
Segment-wise, crystalline silicon leads by type for efficiency; non-residential by application for industrial demand; fixed tilt by mounting for cost; PERC by technology for growth. Competitively, leaders like First Solar (thin-film edge) and Jinko (20GW shipments) vie through innovation, with Chinese firms controlling 80% production.
Trends feature 6.7% CAGR to 80GW annual installs by 2030, bifacial share to 30%, and 40% US projects with storage. Regionally, Asia-Pacific dominates with China’s 48% demand, India’s 500GW target; North America grows via IRA in Texas/California; Europe via REPowerEU to 750GW; South America in Brazil/Chile; MENA/Africa in Saudi’s low-tariff parks.
Key takeaways: 7.2% CAGR to USD 105.8B, 30% YoY price fall, 60% corporate PPAs, 30% delays, hybrids/floating frontiers, vertical integration dominance.
This analysis covers 2025-2032 forecasts, segmentations, company profiles with capacities/revenues, competitive factors, and expert surveys on trends/drivers/risks.
Frequently Asked Questions:
What is the current market size? Valued at USD 56.3B in 2024, growing to USD 105.8B by 2032 at 7.2% CAGR.
Key companies? First Solar, Jinko Solar, Canadian Solar, Trina Solar, LONGi, JA Solar, SunPower, Hanwha Q CELLS, Risen, Yingli.
Growth drivers? Falling prices (30% YoY), corporate procurement, incentives like IRA.
Dominant region? Asia-Pacific over 60%, North America fastest growth.
Emerging trends? Bifacial adoption, tracking, hybrids, agrivoltaics.
These insights underscore a vibrant market poised for sustainable expansion, with leaders navigating dynamics to power the future.
- Segment Analysis of Global Pigment Red 48:1 Market: Types, Applications, and End-Users - September 30, 2025
- Top 10 Companies in the Global Optical Fibers in Endoscopy Market (2029): Innovators Advancing Minimally Invasive Diagnostics - September 30, 2025
- Screen Printing Mesh Market Global Outlook and Forecast 2025-2032 - September 30, 2025