Wood Mackenzie's score-based ranking assessed more than 40 leading module manufacturers across 10 countries. These companies accounted for 62% of global production capacity and 89% of global module shipments in 2024, highlighting the concentrated nature of the industry's top. . The world's top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year's volume, according to Wood Mackenzie's new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading. . The worldwide growth of photovoltaics is extremely dynamic and varies strongly by country. In April 2022, the total global solar power capacity reached 1 TW, increasing to 2 TW in 2024. electricity generation capacity in. . 3. All market data is current through Q3 2025. California leads as the top solar state.
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