What do sinovoltaics rankings say about the quality of PV equipment?

The Sinovoltaics analysts note that while the rankings do not say anything about the actual quality of PV equipment, buyers and other industry stakeholders, such as financial institutions, can use the ranking reports as part of the due diligence process or to help identify financially stable partners.

How many energy storage and solar inverter manufacturers are there?

In these reports, we present the Altman Z Scores of over 40 energy storage manufacturers, 30 solar inverter manufacturers, and 70 PV module manufacturers. These reports allow you to compare manufacturers and serve as a crucial indicator when selecting your PV module, energy storage, or inverter manufacturer.

Does sinovoltaics have a z score?

Did you know? Sinovoltaics has been publishing its PV Module Manufacturer Ranking Reports based on the Altman Z score formula since early 2016 and is the first and only independent source for PV Module, Inverter, and Energy Storage Manufacturer Ranking Reports based on their financial strength.

Which companies are leading the global PV module market in 2022?

A total of 18 Chinese companies were selected in the top 20 list, with a total output of more than 270GW in 2022, gradually taking over the global PV module market with their unique advantages. LONGi, the king of the PV industry, supplied 46.76GW of modules in 2022, up 21% year-on-year.

Which solar modules are the best?

The latest Sinovoltaics financial stability report ranking lists Tainergy, Eterbright, First Solar, Era Solar, and TSEC as the top five module makers. There was a slight reshuffling in the top ten, and seven new manufacturers were added to the ranking. Image: Partonez, Wikimedia Commons

Who are the top 20 solar module manufacturers?

The module shipments of the top 20 manufacturers increased by more than 50% year-on-year, of which the shipments of the top four accounted for 59.95% of the total shipments of the top 20. The major players maintained their leading positions throughout the list. The top four were LONGi, Jinko, Trina and JA Solar, the same order as previous year.