Press release
TaiyangNews Releases TOP SOLAR MODULES Report: A Deep Dive into PV Panel Efficiency Trends
IBC dominates our TOP MODULES list for 2 years running at the top spot
"Efficiency is a major factor influencing the performance and economics of solar PV systems," says Shravan Chunduri, Co-Author and Head of Technology at TaiyangNews. "Our latest TOP SOLAR MODULES report provides a detailed picture of the advancements made by the world's leading manufacturers in pushing the boundaries of solar panel efficiency."
Key Findings:
• Significant Efficiency Gains: The report highlights a notable rise in efficiency, particularly in 2023, with the first module manufacturer cracking the 24% efficiency level for commercial solar panels.
• Cell Technology Advancements: All four major commercially-available solar cell technologies (back contact HJT, TOPCon, and PERC) saw improvements. Back Contact cell-based panels emerged as a standout, improving its top efficiency from 22.7% to an impressive 24%. HJT-based modules also exhibited substantial improvement, surpassing 0.8% absolute, while TOPCon and PERC demonstrated rather steady performance.
• Power Rating Trends: The report also explores the evolution of module power ratings. While the top power range (>600 W) remains stable, the mid-power segment (500 W-600 W) is gaining traction. Notably, HJT technology leads in high power outputs, with a commercial large-format module boasting the highest rating of 715 W.
• Company Performance: The report analyzes how different companies have progressed with efficiencies across various technologies. Summary tables detail the advancements achieved by each company featured in the TOP MODULES section.
New Efficiency Leaders Excellence Badge:
In recognition of ongoing advancements, TaiyangNews has launched an annual EFFICIENCY LEADERS list. Module manufacturers featured in the top 10 of the Top Solar Modules list for at least 6 months of a calendar year can qualify for a badge of excellence. The companies to have secured it so far are: Aiko Solar, Huasun, JA Solar, Jinko Solar, LONGi, Risen Energy, Tongwei Solar, Trina Solar.
The TaiyangNews TOP SOLAR MODULES 2023 review report is a valuable resource for:
• Solar energy professionals seeking insights into the latest efficiency trends
• Investors, project developers and installers looking to evaluate high-quality solar panel options
• Module manufacturers aiming to benchmark their performance
Download the complete report here: https://taiyangnews.info/top-solar-modules-2023/
Meena Nair
Marketing Communications Manager
TaiyangNews - All About Solar
An der Golzheimer Heide 23 40468 Duesseldorf
meena.nair@taiyangnews.info
TaiyangNews - All About Solar is a global online solar news platform with a focus on technology. We offer comprehensive coverage of market trends, technology advancements, and policy developments on our website and through regular free online conferences and reports, empowering our audience to make informed decisions in the ever-evolving solar energy landscape.
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