Solar Panel Factory Statistics

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 country makes the most solar panels?

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.

Which companies produce the most solar modules in the world?

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.

How many solar panels are made a year?

Solar panel production is generally measured in gigawatts, not number of panels, but if we roughly assume 250-watt solar panels are the global average, that means 1.5 billion solar panels are made per year. And that number’s only going up.

How many people in the UK want solar panels?

Around two-thirds of adults in the UK want solar panels, according to the latest studies. 66% of people living in owner-occupied homes either have solar panels or will probably consider installing them in the next few years, the government’s 2023 survey showed.

How many solar panels were produced in 2022?

379GW of solar panels were produced in 2022, a 57% increase on 2021’s figure, according to a 2023 report by the International Energy Agency (IEA). The South East region of England has the most solar panel installations in the UK for sheer volume, with a total of 178,954, as of September 2023.