Top Solar Panel Brands by Sales Volume in 2024: A Comprehensive Guide

The solar energy industry in 2024 is continuing its rapid growth, with leading brands dominating the market and pushing technological innovation to new heights. Here’s a look at the top-selling solar panel brands and trends shaping the photovoltaic (PV) sector this year.


Leading Solar Panel Brands by Global Sales Volume in 2024


1. LONGi Green Energy Technology Co., Ltd.


  • Estimated Shipment: 66.44 GW in 2023, with strong growth projected for 2024.

  • Highlights:
    • Industry leader known for high-efficiency monocrystalline panels.

    • Annual production capacity of 120,000 MW makes LONGi the largest player in the PV market.

    • A robust global presence, with consistent technological advancements in the solar space.


2. JinkoSolar Holding Co., Ltd.


  • Estimated Shipment: Approximately 110 GW annually.

  • Highlights:
    • Ranked second globally for overall solar panel shipments.

    • Renowned for its commitment to cutting-edge solar technologies, ensuring energy efficiency and durability.


3. Trina Solar Co., Ltd.


  • Estimated Shipment: Around 95 GW per year.

  • Highlights:
    • An established name in solar innovation, focusing on TOPCon (Tunnel Oxide Passivated Contact) and HJT (Heterojunction) technologies.

    • Known for its Vertex series, offering high-wattage solar panel solutions.


4. JA Solar Technology Co., Ltd.


  • Estimated Shipment: ~36.2 GW in 2022, with sustained growth into 2024.

  • Highlights:
    • A major player in the global market, offering a diverse range of efficient and reliable PV modules.


5. Tongwei Solar Co., Ltd.


  • Estimated Shipment: ~38.1 GW in 2022.

  • Highlights:
    • Recognized for its innovative approaches and extensive production capacity.

    • On track to double its production by 2025, further solidifying its market position.

Market Trends Driving Solar Panel Sales


  1. Power and Efficiency Enhancements

    • Solar panels exceeding 700W are becoming more common, offering unparalleled power for both residential and industrial applications.

    • High-efficiency technologies like N-Type HJT (Heterojunction) and N-Type TOPCon are leading innovations.


  3. Global Demand Surge

    • Total shipments from the top players (LONGi, Jinko, Trina, and JA Solar) are projected to surpass 400 GW in 2024, capturing over half of the global market.

  4. Sustainability Initiatives

    • Many companies are focusing on sustainability, from eco-friendly manufacturing processes to recycling initiatives for solar modules.

Most Powerful Solar Panels Released in 2024


Top Models


  • Huasun Himalaya G12 – 750 W: The most powerful panel to date, with an efficiency of 24.16%.

  • TW Solar 210-66HJT – 744 W: Boasting 23.94% efficiency, it competes at the forefront of high-wattage solar solutions.

  • Trina Vertex N – 740 W: Maintains a strong reputation with innovative TOPCon technology.

  • Risen Hyper-Ion – 740 W: Features advanced N-Type HJT bifacial cells for better performance.

Technology Insights


  • N-Type HJT Bifacial: Combines high efficiency with reduced degradation, ideal for large-scale installations.

  • TOPCon Technology: Offers a balance of performance and cost-effectiveness, gaining popularity among major brands.

How to Choose the Best Solar Panels in 2024


When selecting solar panels, consider the following factors:


  • Efficiency: Higher efficiency means better energy production in less space.

  • Warranty and Durability: Look for panels with extended warranties (25 years or more).

  • Manufacturer Reputation: Top brands like LONGi, JinkoSolar, and Trina Solar guarantee quality and reliability.

  • Power Output: High-wattage panels (700W+) are ideal for maximizing energy yield, especially in limited spaces.

Conclusion

The solar panel market in 2024 is led by giants like LONGi, JinkoSolar, and Trina Solar, driving the shift toward a greener future with advanced and efficient technologies. As the global demand for clean energy rises, innovations in high-wattage and high-efficiency solar panels are setting the benchmark for the industry.

By investing in panels from these leading brands, consumers can ensure long-term sustainability, cost savings, and energy independence. The competition among top manufacturers will continue to drive excellence, making 2024 an exciting year for renewable energy advancements.


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