As global demand for renewable energy increases, solar technology continues to achieve breakthroughs. Notably, there have been significant advances in solar cell and module efficiency, with numerous manufacturers and research teams innovating to achieve higher light-to-electricity conversion efficiencies. This has opened up more development opportunities for the photovoltaic (PV) industry. Below are the rankings for solar cells and photovoltaic modules by efficiency as of 2024, showcasing the leading technological paths and manufacturers globally.

Solar Cell Efficiency Rankings

Solar cells are the core of a photovoltaic system, and their conversion efficiency determines the overall performance of solar power generation. By 2024, solar cells in different technologies have made significant advancements in conversion efficiency. The solar cell efficiency rankings as of 2024 are as follows:


1. Perovskite Tandem Solar Cells: Efficiency of 29.1%
(Developed by Professor Tan Hairen's team from Nanjing University in collaboration with Trina Solar)

2. Perovskite Solar Cells: Efficiency of 26.7%
(Developed by the team of Professor Xu Jixian at the University of Science and Technology of China)

3. Back Contact Solar Cells (TBC): Efficiency of 27.0%
(Developed by LONGi)

4. Monocrystalline Silicon Solar Cells (HBC): Efficiency of 27.3%
(Developed by LONGi)


TOPCon Solar Cells (Mass Production Efficiency)


Jinko Solar: Maximum mass production efficiency of 26.89%, mass production efficiency of 26.1%

JA Solar: Mass production efficiency of 26.5%

Trina Solar: Mass production efficiency of 26.2%

CanadianSolar: Mass production efficiency of 26.5%

TW Solar: Average mass production efficiency of 26.26%, maximum efficiency of 26.5%

DAS solar: Mass production efficiency of 26.55%

Astronergy: Average mass production efficiency of 26.15%, maximum efficiency of 26.9%


Solar Photovoltaic Module Efficiency Rankings


While the efficiency of solar cells directly impacts the output of photovoltaic systems, the efficiency of photovoltaic modules is also crucial as it represents the actual performance of the entire PV system. The efficiency of photovoltaic modules from major manufacturers in 2024 is as follows:


1. LONGi Solar

  • Hi-MO X10 Module: Maximum efficiency of 24.8%

  • Hi-MO 9 Module: Maximum efficiency of 24.4%

  • Hi-MO 7 Module: Maximum efficiency of 23.1%

  • Hi-MO X6 Module: Maximum efficiency of 23.3%

LONGi Solar continues to optimize monocrystalline silicon cells, launching a series of high-efficiency photovoltaic modules, with the Hi-MO X10 module leading in efficiency, making it one of the most efficient photovoltaic solutions on the market.


2. Jinko Solar

  • Jinko Tiger Neo Module: Maximum efficiency of 23.77%

Jinko Solar's Tiger Neo modules adopt advanced bifacial technology and high-efficiency cell designs, making them one of the highest-efficiency PV modules on the market.


3. Trina Solar

  • Trina Vertex N Module: Maximum efficiency of 23.3%

  • Trina Vertex S Module: Maximum efficiency of 23.0%

Trina Solar has optimized its module design and launched the Vertex series, improving module efficiency and expanding its market share globally.


4. JA Solar

  • JA Solar DeepBlue 4.0 LB Series Module: Maximum efficiency of 23.3%

  • JA Solar DeepBlue 4.0 MB Series Module: Maximum efficiency of 23.4%

JA Solar's DeepBlue series modules perform excellently under both high light and low light conditions, widely used in commercial and residential PV projects.


5. Canadian Solar

  • TOPBiHiKu7 Module: Maximum efficiency of 23.2%

  • TOPBiHiKu6 Module: Maximum efficiency of 23.3%

  • BiHiKu7 Module: Maximum efficiency of 21.6%

  • BiHiKu6 Module: Maximum efficiency of 21.5%

CanadianSolar's BiHiKu series modules enhance light-to-electricity conversion efficiency through bifacial technology, adapting to a variety of installation environments.


6. TW Solar

  • TNC M10 Module: Maximum efficiency of 23.4%

  • TNC G12R Module: Maximum efficiency of 23.5%

  • TNC G12 Module: Maximum efficiency of 23.3%

TWsolar’s TNC series modules employ advanced technology and high-efficiency cells to ensure high conversion efficiency, making them suitable for a variety of photovoltaic applications.



Conclusion

By 2024, the efficiency of solar cells and photovoltaic modules has continued to rise, driving technological innovation in the global photovoltaic industry. From perovskite technology to TOPCon technology, the efforts of major manufacturers to improve light-to-electricity conversion efficiency highlight the increasing importance of solar power in the global energy transition.

For PV installers and wholesalers, selecting high-efficiency solar cells and modules not only helps to improve customers' energy generation but also leads to higher investment returns. With continuous technological breakthroughs, future photovoltaic products will become even more efficient, cost-effective, and reliable, further driving the global transition to clean energy.


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