Ranking of photovoltaic cell production and value

How has global solar PV manufacturing capacity changed over the last decade?

Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011.

Which solar company produces the most solar cells in 2023?

In 2023, Tongwei Solar was the leading solar PV manufacturer in terms of cell production worldwide. The cell production of Tongwei Solar was around 80.8 gigawatts that year. In comparison, the cell production of Trina Solar was around 44.3 gigawatts. Get notified via email when this statistic is updated. * For commercial use only

Is the solar PV manufacturing sector financially sustainable?

The long-term financial sustainability of the solar PV manufacturing sector is critical for rapid and cost-effective clean energy transitions. The net profitability of the solar PV sector for all supply chain segments has been volatile, resulting in several bankruptcies despite policy support.

Who makes the most solar panels in the world?

Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. In 2023, Tongwei Solar was the leading solar PV manufacturer in terms of cell production worldwide. The cell production of Tongwei Solar was around 80.8 gigawatts that year.

Which country produces the most solar photovoltaics in the world?

China now manufactures more than half of the world's solar photovoltaics. Its production has been rapidly escalating. In 2001 it had less than 1% of the world market. In contrast, in 2001 Japan and the United States combined had over 70% of world production. By 2011 they produced around 15%.

How many jobs will the solar PV industry create?

The solar PV industry could create 1 300 manufacturing jobs for each gigawatt of production capacity. The solar PV sector has the potential to double its number of direct manufacturing jobs to 1 million by 2030. The most job-intensive segments along the PV supply chain are module and cell manufacturing.