Top 5 Solar Module Suppliers in India with 15.7% Market Share Growth

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Top 5 Solar Module Suppliers in 2025: Trina Solar leads with a market share of 15.7%! According to a report published by Mercom, titled 2025 Solar Module Supplier Market Ranking, Trina Solar, Waaree Energies, LONGi Green Energy, JA Solar, and Adani Solar are the top five suppliers in the solar module market. As of June 2, 2025, Trina Solar holds the highest market share.

The market overview indicates that Trina Solar dominates with a share of 15.7%, followed by Waaree Energies at 10.7%, and LONGi Green Energy with 8.6%. JA Solar and Adani Solar hold 4.4% and 4.3% shares, respectively. Collectively, these five companies represent 43.7% of the total solar module supply. The projected demand for solar modules is expected to rise significantly, with an anticipated 25.2 GW of new projects in 2024 and a target of 280 GW by 2030.

According to the report, solar module demand is expected to continue increasing, driven by new projects and technological advancements. Trina Solar’s PERC modules are expected to constitute 85.3% of the market, while TOPCon modules will account for 13.7%, and multi-crystalline modules will make up 0.9%.

For detailed insights on the solar energy sector, users can refer to the Mercom report or download the Trina Solar VIP program from the app for more information.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/top-5-solar-module-suppliers-in-india-with-15-7-market-share-growth/

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