2025 Top 20 Global Photovoltaic Module Manufacturers
During the conference, PVBL announced its annual ranking of the top 20 global photovoltaic module manufacturers. In 2024, the global solar module
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Wood Mackenzie has released its latest " Global Solar Module Manufacturer Ranking " report for the first half of 2025, which assesses solar panel companies on shipments, bankability and performance. The world's top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year's volume, according to Wood Mackenzie's new Global Solar Module Manufacturer Rankings 2025 report. Industry-Wide Pressure, Persistently Low Operational Rates: In October, as many as 13 of the TOP 20 companies had operational rates below 50%, with the industry average around just 45%. This indicates that over half of the industry's capacity is idle, with structural overcapacity being the core. An impressive nine spots, including the top three, are held by Chinese companies How is the new European policy supporting net zero industries.