JinkoSolar, Trina Solar, JA Solar and Longi Solar, have achieved a total shipment of over 140GW in the first half of 2024, 52% of the market share, while the total volume for top 10 is above 225GW, taking 82% of the market, which is lower than that of the first quarter, according to the latest data provided by Solarbe. Meanwhile, the annual shipment target of Top 10 manufacturers has exceeded the total market demand, leaving less space for later companies, reflecting in their less shipment in the second quarter. JinkoSolar once again secured the ‘top seller’ title by virtue of its strong brand advantage, with 44-46GW of modules shipped in H1. Meanwhile, the competition is getting more fierce between JA Solar and Trina Solar with evenly matched shipment during the period, whilst JA Solar is more favored for prices and Trina Solar takes more initiative relying on their own channels, said some distributors. Tongwei Solar and Astronergy recently participated in the bidding with higher enthusiasm. Both companies have proposed a full-year shipment target of more than 50GW, a significant increase from 2023, and overseas markets should be included if they aim to achieve the targets. Canadian Solar and GCL System Integration are among the few module companies that still achieve profit in H1 due to their outstanding capabilities in selecting orders and cost control. DAS Solar revealed a stronger spirit and positive attitude in bidding, further enhanced their links with central and state-owned enterprises. Risen Energy, one of the few manufacturers in the market that can supply both TOPCon and heterojunction modules in bulk at the same time, also set a firm foothold among the top 10 suppliers. Behind the ranking The share of rectangular cell modules has increased, with 2382*1134mm becoming the recognized standard size. In terms of parameters, many bidding companies increase the power requirements to 600W+, and do not limit the module length and cell size, making the 182*182mm square cell and 2278*1134mm module outdated, and 2382*1134mm will prevail on more power stations. Overseas markets have become the biggest share of profits, and companies have strong demand for going abroad. In this survey, at least 10 companies have reached or exceeded 50% of their overseas market sales (in terms of shipments), of which six are in the top 10 list. The annual DC side installed capacity is expected to be 450GW-510GW, an increase of about 15% over 2023, reaching a new high. The increase is more prominent in overseas markets. Search more Solar news and products——www.rongstar.com  ( wholesale supply of solar equipments)

As an authorized dealer of leading brands, Rongstar is proud to showcase our commitment to delivering top-quality products and services. Today, we built strong and meaningful connections with many visitors who appreciated the reliability and excellence of Rongstar solutions. We’re excited to welcome even more of you tomorrow for vibrant discussions about shaping a sustainable future together! See you at the Rongstar booth K1🔥 🔥 #SolarSolutionsDüsseldorf #RongstarEnergy #SolarPower #LONGI #JA #RISEN #FOX #SUNTECH #GROWATT德语版本：🥳 Was für ein unglaublicher erster Tag bei Solar Solutions Düsseldorf!💡Als autorisierter Händler führender Marken ist Rongstar stolz darauf, unser Engagement für die Bereitstellung von Produkten und Dienstleistungen höchster Qualität zu demonstrieren. Heute haben wir starke und bedeutungsvolle Kontakte zu vielen Besuchern geknüpft, die die Zuverlässigkeit und Exzellenz der Rongstar-Lösungen zu schätzen wussten.Wir freuen uns, morgen noch mehr von Ihnen zu lebhaften Diskussionen über die gemeinsame Gestaltung einer nachhaltigen Zukunft begrüßen zu dürfen! Wir sehen uns am Rongstar-Stand K1🔥 🔥#SolarSolutionsDüsseldorf #RongstarEnergy #SolarPower #LONGI #JA #RISEN #FOX #SUNTECH #GROWATT  

Risen Energy has once again set a new benchmark for its global shipment of solar modules. Recently, it announced a monthly supply of 3 to 5 MW of its cutting-edge heterojunction (HJT) Hyper-ion modules to Pakistani EPC customers for the construction of PV power system on the rooftops of various government and industrial buildings across the country. To date, Risen Energy has successfully delivered 20 MW of these modules, receiving high praise from local customers and significantly bolstering the brand's reputation and visibility.   Pakistan, situated in the south Asia renowned for exceptionally high solar irradiation, enjoys over 3,000 hours of sunlight annually, and with a unique geographical advantage for PV development. In recent years, Pakistan has been actively promoting the development of its PV industry to address electricity shortages stemming from the nation's socio-economic growth.   Driven by favorable local policies and the advancement of China's "Belt and Road initiative", the collaborative potential between China and Pakistan in the solar sector has been deployed. Back in 2019, Risen Energy entered in the Pakistani PV power plants market through the "China-Pakistan Economic Corridor" to ensure a steady supply of modules required for local solar system development, and is committed to energizing the construction of the "One Belt and One Road" and the global green energy cause with advanced clean energy technologies and products. Over the years, Risen Energy has garnered widespread acclaim from local clients for its superior products and first-class service. With a strong brand presence, regional end-clients generally tend to seek out high-efficiency PV modules from Risen Energy, which is an industry leader with technological advantages. HJT Hyper-ion modules, as the flagship products with revolutionary innovation of Risen Energy, have again captured the regional market's favor with its multiple leading features such high power output, high power generation capacity, high conversion efficiency, and high reliability, as well as low degradation, low temperature coefficients, reduced carbon footprints, and low LCOE. These modules not only significantly enhance the efficiency of local PV power systems, but also maximize the investment returns, making a substantial contribution to Pakistan's energy transition.   Risen Energy remains committed to strengthening its leading position in the global HJT module market through stable module supply and robust technical support, helping clients worldwide in achieving sustainable development.   Log in to our official website to purchase RISEN products——China RISEN Supplier,Custom Solar Panels Solution (rongstar.com)

On July 10-11 local time, Solar&Storage Live Vietnam 2024 was grandly held in Ho Chi Minh City. This exhibition is one of the most influential and largest solar energy exhibitions in Vietnam. As a global photovoltaic distributor, RONGSTAR show advanced products, and the latest market insights. RONGSTAR show products from cooperative brands such as LONGI, TWSOLAR, JASOLAR, DYNESS, and SOLIS, attracting great attention from international customers. RONGSTAR has always attached great importance to the in-depth development and localization construction of the entire Southeast Asian market, including Vietnam, and has gained market recognition through high-quality localization services. This exhibition is an important step for RONGSTAR to accelerate its layout in the Southeast Asian market. In the future, RONGSTAR will also strengthen its own advantages, import more products suitable for the Southeast Asian market, and jointly promote the sustained and high-quality development of the photovoltaic industry. By the end of 2023, the total installed capacity of solar energy in Vietnam has reached approximately 19400 megawatts, accounting for 25% of the total installed capacity. Among these 19400 megawatts, nearly 9300 megawatts are rooftop solar power generation, accounting for 48%. It is expected that by the end of this year, the solar energy market in Vietnam will reach 18.4 gigawatts (GW), and will reach 20.4 GW in five years, with a compound annual growth rate of over 2.1% during the forecast period. This significant growth is mainly attributed to the government's supportive policies, attractive preferential electricity prices (FIT), and Vietnam's abundant solar energy resources

In the first half of 2024, over 172 GW of solar modules were auctioned in China, with Tongwei Solar, LONGi, Das Solar, GCL System Integration, JinkoSolar, and JA Solar emerging as the top bidders. This marks a significant shift in the solar PV market, driven by the rapid adoption of n-type modules and increased demand for higher power modules rated at 580W and above. Companies Securing Tenders in H1 2024 Approximately 40 GW of module tenders disclosed specific suppliers and capacities. Key companies securing significant tenders included: Tongwei Solar LONGi Das Solar GCL System Integration JinkoSolar Each of these companies secured over 3 GW. Other notable performers were JA Solar, Astronergy, DAH Solar, Yingli Solar, and Huansheng PV. Additionally, 132 GW of framework agreements listed the winning companies but did not specify supply capacities. Trina Solar, JA Solar, JinkoSolar, Tongwei, LONGi, Risen Energy, Astronergy, Das Solar, GCL, Canadian Solar, and Yingli each secured more than ten bids. Trina Solar led with 21 bids, followed by JA Solar with 20, JinkoSolar with 18, and Tongwei with 17. Price Trends and Analysis In June, the average bid price for n-type modules was 0.809 RMB/W, about 10% lower than at the start of the year. The lowest bid price has reached the 0.7X RMB/W range, reflecting intense market competition and narrowing profit margins. P-type Modules: Prices fell from 0.943 RMB/W in January to 0.79 RMB/W in June, a 16% drop. N-type Modules: Prices decreased from 0.901 RMB/W in January to 0.809 RMB/W in June, a 13% drop. Recent Developments and Outlook On July 2, China Resources New Energy (Xichang) announced the procurement of 288.2 MW of n-type 610W+ modules, to be supplied in Q4, with a low bid of 0.7535 RMB/W. Recent large-scale bids by state-owned enterprises have seen prices drop below 0.75 RMB/W, indicating ongoing intense price competition. Solarbe Consulting suggests that module production is declining due to limited domestic and international demand, indicating that prices may continue to fall. The future market will depend on how companies adapt and whether prices will stabilize or keep dropping.