China Solar Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers China PV Solar Manufacturers and it is Segmented by Type (Solar Photovoltaic (PV) and Concentrated Solar Power (CSP)). The installed capacity and forecast capacity in gigawatts (GW) for all the above segments.

China Solar Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

China Solar Energy Market Size

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China Solar Energy Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 15.00 %
Market Concentration Medium

Major Players

China Solar Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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China Solar Energy Market Analysis

The China Solar Energy Market is expected to register a CAGR of greater than 15% during the forecast period.

COVID-19 negatively impacted the market in 2020. Presently the market is likely to reach pre-pandemic levels.

  • Over the medium term, factors such as rising investment and increasing government policies for providing financial incentives and subsidies drive demand for the solar energy market.
  • On the other hand, the solar power sector faces challenges from alternate sources of clean power generation, mainly natural gas, and wind power. It is restraining demand for the Chinese solar energy market.
  • Nevertheless, capital costs are predicted to stabilize at lower levels with advances in technology, improvements in the solar photovoltaic market, and an increase in the supply of panels in China. As a result, it is anticipated that investors and developers will pay close attention to the commercial feasibility of solar projects, which will soon present chances for the solar energy market in China.

China Solar Energy Industry Overview

The Chinese solar energy market is moderately fragmented. Some of the key players in the market (not in particular order) include Zhejiang Chint Electrics Co. Ltd, JA Solar Holdings Co. Ltd, Hanwha SolarOne Ltd, Trina Solar Ltd, and Yingli Green Energy Holding Co. Ltd, among others.

China Solar Energy Market Leaders

  1. Zhejiang Chint Electrics Co Ltd

  2. JA SOLAR HOLDINGS CO., LTD.

  3. Trina Solar Ltd.

  4. Yingli Green Energy Holding Co Ltd

  5. Hanwha SolarOne, Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
China Solar Energy Market Concentration
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China Solar Energy Market News

  • In January 2023, Covestro announced the signing of several multi-year power purchase agreements with CGN, a Chinese producer. The contract includes the annual purchase of 300 GWh of solar and wind energy from CGN.
  • In January 2023, JA Solar signed an agreement with China's municipal government in Erdos to build a new vertically integrated production facility. China's solar module maker will invest USD 5.9 billion in the new factory. After completion, the facility will have 100,000 metric tons of polysilicon capacity, 20 GW of ingot and wafer capacity, and 30 GW of solar cell capacity.
  • In January 2022, Huaneng Power International commissioned a 320 MW floating solar PV array in China's Shandong province. The project is being deployed on a reservoir near its 2.65 GW Dezhou thermal power station in two phases.

China Solar Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Capacity and Forecast in GW, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Solar Photovoltaic (PV)
    • 5.1.2 Concentrated Solar Power (CSP)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Zhejiang Chint Electrics Co. Ltd
    • 6.3.2 JA Solar Holdings Co. Ltd
    • 6.3.3 Hanwha SolarOne Ltd
    • 6.3.4 Trina Solar Ltd
    • 6.3.5 Yingli Green Energy Holding Co. Ltd
    • 6.3.6 ReneSola Ltd
    • 6.3.7 JinkoSolar Holding Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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China Solar Energy Industry Segmentation

Solar energy can be defined as a type of renewable energy in which solar panels are used to generate electricity. Solar energy has become the fastest-growing renewable energy source owing to the country's supporting government initiatives and surging investments in renewable energy projects.

The Chinese solar energy market is segmented by type By type; the market is segmented into solar photovoltaic (PV) and concentrated solar power (CSP). The report also covers the market size and forecasts for the solar energy market across the segment. For each segment, the market sizing and forecasts have been done based on installed capacity (GW).

Type Solar Photovoltaic (PV)
Concentrated Solar Power (CSP)
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China Solar Energy Market Research FAQs

What is the current China Solar Energy Market size?

The China Solar Energy Market is projected to register a CAGR of greater than 15% during the forecast period (2025-2030)

Who are the key players in China Solar Energy Market?

Zhejiang Chint Electrics Co Ltd, JA SOLAR HOLDINGS CO., LTD., Trina Solar Ltd., Yingli Green Energy Holding Co Ltd and Hanwha SolarOne, Ltd. are the major companies operating in the China Solar Energy Market.

What years does this China Solar Energy Market cover?

The report covers the China Solar Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Solar Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

China Solar Energy Industry Report

Statistics for the 2025 China Solar Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Solar Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.