Is Tongwei a good solar company?

Tongwei extended its presence to the module sector and reaped a place in the top ten ranking. The rest, such as DAS Solar, Suntech, and Huansheng Solar, shipped 7-8 GW in 2022, only 0.3-1.8 GW behind the tenth module maker. Despite not making the list last year, they are ambitious with their 2023 shipment target.

Are terra shingled products a good investment for Tongwei?

Among which, the Terra shingled products are now forceful boosters for Tongwei in breaching barriers of the green industry and further expanding its overseas markets. Recently Bloomberg New Energy Finance (BNEF) announced the ranking of global PV module manufacturing suppliers for the 4Q of 2022.

Who is Tongwei?

Tongwei has been fully engaged in module development since 2022, whose module products have been substantially applied in PV power-generating projects from multiple regional markets around the world thus far.

How does Wood Mackenzie rank solar PV module manufacturers?

Wood Mackenzie’s unique scoring methodology evaluated more than 30 solar PV module manufacturers. The ranking examines nine different criteria, including module manufacturing experience, vertical integration, financial performance, capacity utilisation, and more. Top 10 solar PV module manufacturer ranking in 2023: Source: Wood Mackenzie.

What can Tongwei's high-efficiency solar modules do for You?

Tongwei’s high-efficiency modules can now accomplish targets of cost reduction & efficiency elevation and green & low carbon, as well as attain extensive full-scenario applications by fulfilling scenarios such as distributed rooftop solar, distributed industrial and commercial solar, and large ground-mounted power stations.

Who will dominate the global PV module market in 2023?

A total of 18 Chinese companies were selected in the top 20 list, with a total output of more than 440GW in 2023, gradually taking over the global PV module market with their unique advantages. LONGi, the king of the PV industry, will supply 66.44GW of modules in 2023, up 42% year on year.