Top PV module suppliers by shipment in H1 2025
When Tongwei and Astronergy are included, the top six companies account for over 60% of the market share, with production
According to Wood Mackenzie's report, China continues to dominate the solar module manufacturing landscape in terms of scale, but emerging challengers from India, South Korea, and Vietnam are rapidly closing the gap as global production becomes more geographically diverse.
Domestic solar module capacity rose 190 percent in 2024 to more than 51 GW and created over 33,000 jobs. Industry data show that 8.6 GW of new module capacity was added in Q1 2025. Despite this progress, the domestic supply chain remains incomplete.
Incentives such as the Inflation Reduction Act provide credits for module assembly, cell production and polysilicon manufacturing. Domestic solar module capacity rose 190 percent in 2024 to more than 51 GW and created over 33,000 jobs. Industry data show that 8.6 GW of new module capacity was added in Q1 2025.
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