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Latest Ranking | ZNSHINE SOLAR Named Among the Top 15 Global Solar PV Module Manufacturers in 2024

Views: 152     Author: Site Editor     Publish Time: 2024-08-07      Origin: Site


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Recently, the international consulting firm Wood Mackenzie released its 2024 ranking of global solar photovoltaic module manufacturers. ZNSHINE SOLAR has achieved the 15th position due to its outstanding comprehensive strength. This ranking not only focuses on module shipment volumes but also comprehensively evaluates nine criteria: manufacturing experience, manufacturing capability, vertical integration, capacity utilization, technological maturity, R&D investment, financial condition, Environmental, Social, and Governance (ESG), and Corporate Social Responsibility (CSR), as well as third-party certifications.

 

Wood Mackenzie, a leading provider of data and analytical solutions in the energy, renewable energy, and natural resources sectors, has over 50 years of collaboration experience. The company offers data, analysis, insights, events, and consulting services to clients. Wood Mackenzie’s team consists of over 2,300 experts across more than 30 regions globally, covering the entire supply chain. For this ranking, Wood Mackenzie used a unique scoring method based on supplier surveys, public documents, proprietary databases, and multiple dialogues with manufacturers to thoroughly assess ZNSHINE SOLAR’s overall strength.

 

Rich Manufacturing Experience and Strong Service Network 

Since 2007, ZNSHINE SOLAR has been deeply engaged in the photovoltaic module field. As a long-established player in the industry, the company has accumulated extensive manufacturing experience, providing significant advantages in technology accumulation and process optimization to produce high-quality, high-efficiency photovoltaic modules. The company has established a wide sales and service network in over 60 countries and regions globally, becoming a widely recognized photovoltaic brand in international markets. Its products are widely used in residential, commercial rooftop, and power plant projects. ZNSHINE SOLAR has manufacturing bases in Changzhou, Suqian, and Dali in China, with a total production capacity of 10 GW, and plans to build new production bases in China and Indonesia to expand its capacity. By achieving a vertically integrated layout, ZNSHINE SOLAR has notable advantages in supply chain management and cost control.

 

Leading Technology and Reliable Third-Party Certifications

In terms of technological maturity, ZNSHINE SOLAR continuously advances technological innovation, with module mass production efficiency ranking among the industry leaders. The company participates in setting industry standards, has been approved for several key research projects, and has accumulated 134 patent applications. ZNSHINE SOLAR has been repeatedly recognized as one of the most influential photovoltaic module manufacturers and EPC companies and has received the "Best Performer" honor from the PVEL module reliability scorecard. Since 2015, ZNSHINE SOLAR has been continuously listed as a Tier 1 module manufacturer by Bloomberg NEF.

 

ESG Commitment Demonstrating Corporate Responsibility 

Although ZNSHINE SOLAR did not submit an ESG report for this ranking, the company showcased its excellent achievements in low-carbon operations in its first ESG report released in May 2024. ZNSHINE SOLAR demonstrates a strong sense of corporate responsibility in Environmental, Social, and Governance (ESG) matters, integrating green and environmental protection concepts, establishing a three-tier ESG management structure, promoting sustainable energy development, and adhering to regulations through ISO 14001 certification while continuously improving its environmental management system. The company also focuses on employee health by providing health insurance and regular physical exams and actively participates in public welfare initiatives, including the establishment of an employee charity fund. These efforts not only reflect ZNSHINE SOLAR's firm commitment to environmental protection and social responsibility but also further consolidate its outstanding position in the global photovoltaic industry.

 

The ranking of ZNSHINE SOLAR at 15th place in the Wood Mackenzie global solar photovoltaic module manufacturer list is a full recognition of the company’s outstanding performance in the industry. In the future, ZNSHINE SOLAR will continue to uphold the principles of innovation-driven and green development, aiming to become a global leader in green energy solutions and make green power more efficient!

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