Global module manufacturing production 2000-2023
In 2023, the production of solar modules worldwide reached approximately 612 gigawatts. In the last years, global solar module production has increased considerably. In 2023, the world increased its module production by more than 230 gigawatts. Some of the largest solar module-producing companies include Longi Green Energy Technology, JinkoSolar, and Trina Solar.
China: leader in solar module production
China is undeniably the world leader in the manufacturing of solar system components. In 2023, the Asian country accounted for roughly 85 percent of global solar module production. Other countries in the Asia-Pacific region followed, with Vietnam and India accounting for an additional six percent. In the last five years, China has increased its module manufacturing capacity from 130 gigawatts in 2018 to 397 gigawatts in 2022.
Solar PV manufacturing in Europe and North America
Regions like Europe and North America plan to increase their production capacity of solar components in the next years, as they currently rely strongly on imports. It is forecast that module production capacity in the U.S. will increase from 29 gigawatts in 2023 to approximately 60 gigawatts in 2026. In Europe, the EU’s Solar Energy Strategy aims to increase the region’s solar PV manufacturing base. As of August 2024, the European Union and Norway had a combined module production capacity of slightly over 14 gigawatts.
