Solar Panel Producers In 2023

It's 2023, and the MySolarPerks Top 10 solar panel manufacturer rankings need to be updated. Once again, our professional team chose the world's top brands based on how well they perform in the most crucial factors that lead to long-term stability and consumer satisfaction in the residential solar market.

We pay great attention to the price-to-value ratio of each manufacturer's products, as well as the financial performance of each company, because these brands must combine enormous sales with the ability to remain in business and serve their customers for decades.

This year's rankings include considerable changes as previous name brands adjusted their operations, some firms exited the industry, while other huge foreign companies experienced significant losses in the US market. More on it in a moment.

A Quick Look Back to 2022 to See How We Got Here

In 2022, the solar industry enjoyed a banner year. In June, President Biden took unilateral steps to encourage solar, and the Inflation Reduction Act was quickly enacted in August. The term "sustainability" refers to the process of reducing the amount of waste in the environment. The consequences are already being felt, as several of the companies listed below have announced new manufacturing facilities in the United States, and there is discussion of resuming raw material manufacture.

The solar industry encountered challenges in 2022, as it has done every year since the pandemic began. There were shortages of supplies, tax and trade conflicts, and issues with particular Chinese modules in US ports. As previously indicated, these bumps in the road have caused a movement in the SolarReviews brand rankings, as has the closure of LG Solar and Panasonic outsourcing module manufacture.

Yet, all of our trials and achievements have culminated in a new industry high watermark. All of the firms in our rankings have the potential to become household brands as the industry begins to service the millions of U.S. homeowners and small businesses that have yet to install solar panels.

Top Brands That Didn't Make The Cut

Keen observers of the solar industry will have noticed a few significant omissions from the preceding list. Longi and Trina, two significant Chinese solar companies, provide products on par with some of the best names on the list.

https://mysolarperks.com/top-10-sun-panel-producers-2023

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