《SINOVOLTAICS光伏组件制造商排名报告》2026年第三版

欢迎阅读《SINOVOLTAICS光伏组件制造商排名报告》2026年第三版。本报告中，Altman-Z分数的计算时间跨度为2023年9月至2026年6月，并提供

了过去三年光伏制造商财务实力演变情况的详细洞察。归根结底，光伏组件制造商的财务稳定性取决于其光伏组件保修政策的有效性和可执行性。大多数人意识到，如今的光伏组件制造商很可能在2

5年内不会存在了。然而，就短期和中期而言，您需要确保有保修政策。未来许多光伏项目可能会面临一个棘手的问题：在逆变器出现故障后，是2年、5年、10年，甚至15年后，应该联系谁来处理性能投诉和更换请求？3什么是全人Z-S评分的价值？Altman-Z评分用于评估哪些光伏组件制造商财务稳健，哪些参与者存在破产风险。对于任何参与太阳能项目的利益相关者而言，制造商的财务稳定性至关重要。采用财务稳健的制造商提供的太阳能光伏组件，能更好地防范任何光伏项目投资回报率（ROI）崩溃的潜在风险。为什么金融稳定很重要？2023

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2026：全

球光伏组件制造商

评级60+制造商排名趋势ZONESEP23DEC23MAR246月24日SEP24DEC24MAR2525日25日星期三圣诞老人MAR2626日清单现代起亚能源解决方案1↓SAFE3.783.713.813.583.93.824.125.325.515.789.479.12XKRX:322000JG太阳能（甘肃景光太阳能）CO.)2↑SAFE-0.130.280.12-0.93-1.13-1.44-1.61-2.65-2.74-1.83-1.627.90SZSE:300093首太阳能3↑SAFE4.764.754.445.215.824.493.644.064.95.485.16.28NAS:FSLR首席能源4↓SAFE11.6514.468.579.498.417.377.685.93NSE:PREMIERENE艾特博瑞特

(HIWIN)5↑SAFE3.774.355.033.963.985.674.383.914.023.864.55.41TPE:2049华瑞可再生能源技术6↓SAFE8.655.797.155.925.715.214.96NSE:WAAREEENERHT

SAAE7↓SAFE2.091.91.561.372.12.582.572.643.236.15.314.64SHSE:600151京瓷8↑SAFE2.812.962.842.652.662.452.522.512.752.922.973.68OTCPK:KYOCYDMEGC太阳能

(DMEGC)磁学组)9↑SAFE3.42.843.072.752.852.732.72.873.263.232.883.39SZSE:002056泰纳格里10↓SAFE6.56.725.24.513.521.751.161.32.432.262.912.78TPE:4934索莱克斯能源有限公司11↑SAFE4.626.667.557.495.194.625.724.822.672.71NSE:SMSOLEX博维特太阳能（宁波博威）合金材料有限公司12↓SAFE2.512.592.733.162.913.153.112.913.112.792.732.66SHSE:601137暴晒能量13↓SAFE17.3831.2932.0236.3526.0317.0813.9210.773.642.63BOM:543620声阳

(SUMEC)14↓SAFE2.872.742.762.712.632.692.712.692.772.682.712.63SHSE:600710印度重型电气有限公司15↑SAFE1.311.682.032.452.191.971.921.721.941.812.60NSE:BHELLGSOLAR16↑GRAY2.352.242.32.342.352.262.092.162.272.152.182.39XKRX:066570埃拉太阳能（永高集团）17↓GRAY2.993.382.32.612.642.662.182.542.712.662.20SZSE:002641安迪尼太阳能（安迪尼）ENTERPRISES)18↑GRAY2.742.632.942.752.751.931.852.112.091.711.542.18NSE:ADANIENT韩素尔19↑GRAY2.222.322.041.91.771.82.012.182.212.051.722.13XKRX:004710REC太阳能（Reliance

Industries）LIMITED)20↑GRAY1.982.112.532.622.151.921.842.022.242.021.882.01NSE:RELIANCE第九季度业绩与上一季度相比有所增长。5制造商排名趋势ZONESEP23DEC23MAR246月24日SEP24DEC24MAR2525日25日星期三圣诞老人MAR2626日清单潘纳工业

(Pān

nà

gōngyè)21↑GRAY2.092.22.262.32.582.162.162.472.832.031.831.97BOM:513228TCL阳光电源全球

(TCL)电子控股)22↑GRAY1.751.922.032.022.031.771.97HKSE:01070任务：太阳能

(OCI)23↓GRAY3.413.442.742.82.582.071.621.731.871.972.011.90XKRX:010060物联技术24↓GRAY2.452.692.52.612.111.771.691.541.511.51.861.79ROCO:6244TSEC25↓GRAY3.043.23.113.172.632.252.021.741.632.362.591.77TPE:6443托普瑞太阳能26↓GRAY2.222.312.11.611.891.961.771.711.82.022.861.73SZSE:002218凌阳能源27↓GRAY2.662.212.222.42.342.232.171.931.921.791.871.71SHSE:601222BYD28↓GRAY1.791.741.611.7621.762.312.332.1622.021.67OTCPK:BYDDF澳普龙科技29↑GRAY0.821.081.131.191.171.131.251.351.281.211.311.67OTCPK:AUOTY新成E&G30↓GRAY2.372.252.151.931.831.61.361.381.51.421.961.59XKRX:011930TOPSOLA（红润集团）31↑GRAY1.351.371.351.261.281.371.41.321.711.721.561.57SZSE:002062艾斯特诺吉

(振华集团)32↓GRAY1.651.591.581.531.481.521.521.431.461.481.531.51SHSE:601877成都华顺科技组33↓GRAY2.612.482.141.942.042.062.051.771.571.711.81.35SZSE:000790塔塔太阳能（塔塔电力）34↑GRAY1.321.221.381.631.731.271.231.431.421.141.151.35NSE:TATAPOWER隆基绿能

(隆基绿色)ENERGY)35↓GRAY3.372.912.782.041.971.781.781.681.821.741.71.27SHSE:601012阿尔马登36↓GRAY2.652.922.472.071.971.731.521.41.51.411.521.27SZSE:002623ALEO

SOLAR（中美）硅产品37↑GRAY1.711.671.71.461.171.090.980.830.970.881.021.15ROCO:5483瑞泰克38↓GRAY0.970.970.961.181.231.51.291.151.131.241.151.14TPE:2349中电投39↓困境1.431.381.361.281.251.211.181.070.981.011.090.88SZSE:000591金科太阳能40↓困境2.022.072.031.851.911.731.681.311.21.091.160.84SHSE:688223第九季度业绩与上一季度相比有所增长。6制造商排名趋势ZONESEP23DEC23MAR246月24日SEP24DEC24MAR2525日25日星期三圣诞老人MAR2626日清单海阳太阳能（海源绿色）能源公司41↓困境2.151.1910.50.50.30.270.280.591.10.890.82SHSE:603185URE42↓困境1.661.390.640.540.350.190.460.290.290.321.170.80TPE:3576上海电气集团43↓困境0.810.80.820.770.770.890.810.830.870.830.80.80SHSE:601727阳光电源44↓困境1.831.761.691.511.41.241.20.920.810.790.790.73SHSE:688599嘉能可45↓困境2.622.071.981.41.261.211.150.860.910.760.750.71SZSE:002459安吉科技46↓困境1.391.321.110.930.760.560.60.570.780.60.740.69TPE:6477韩华Q-CELLS（韩华）SOLUTIONS)47↓困境1.371.321.130.850.670.540.570.660.730.70.680.64XKRX:009830索拉利亚街

(斯肯杰尼/)常州时创能源有限公司Ltd)48↓困境8.656.062.93.233.130.950.690.741.0100.890.62SHSE:688429同伟太阳能（同伟）GROUP)49↓困境3.622.842.831.81.261.020.950.780.870.880.80.61SHSE:600438加拿大太阳能50↑困境1.371.291.260.960.890.730.680.640.630.650.570.60NAS:CSIQ爱柯太阳能51↑困境2.992.22.021.060.50.130.16-0.240.240.350.380.44SHSE:600732GCL系统集成技术52↓困境1.110.970.950.680.80.90.850.710.630.540.930.35SZSE:002506环生光伏（中环）SEMICONDUCTOR)53↑困境2.071.751.621.080.850.510.520.20.190.210.240.34SZSE:002129环球新能源54↓困境0.310.320.30.30.270.280.230.30.410.360.270.24NAS:RNW唐山海泰新能源科技有限公司55↓困境2.252.361.881.761.851.971.491.260.940.940.22BJSE:835985佳伟可再生能源56↓困境2.481.741.481.271.080.650.710.570.610.40.870.15SZSE:300317泰思恩（中力科学）TECHNOLOGY)57↓困境-0.52-0.72-0.77-1.88-1.92-1.77-1.72-0.32-0.58-0.330.410.10SZSE:002309risen

energy58↓困境1.341.211.170.990.770.560.530.190.240.320.350.07SZSE:300118九木坊59↓困境1.411.521.441.191.010.660.630.380.460.370.53-0.09SZSE:300393S-ENERGY60↓困境0.850.730.60.520.470.390.140.040.12-0.15-0.28-0.31XKRX:095910第九季度业绩与上一季度相比有所增长。7制造商排名趋势ZONESEP23DEC23MAR246月24日SEP24DEC24MAR2525日25日星期三圣诞老人MAR2626日清单艾信光伏61↑困境1.671.411.350.830.630.380.4-0.83-0.8-0.86-0.94-0.61SHSE:600537迈耶汉堡62困境-2.65-3.33-3.19-3.45-3.42-3.44-3.48-3.48-3.51-3.51-3.51XSWX:MBTN索拉特龙63↓困境-0.56-0.56-0.48-1.02-1.15-1.19-1.33-1.54-1.44-1.92-3.63-3.71BKK:SOLAR斯皮能源64困境-4.05-4.18-4.07-4.08-4.09-4.09-4.12-4.12-4.12-4.12-4.12-4.12NAS:SPI第九季度业绩与上一季度相比有所增长。82026年6月9图1

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太阳能电池板制造商完整排名概览光伏组件制造商排名

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第三版

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2026光伏组件制造商排名：第三版

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2026

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安全区光伏组件制造商排名

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2026光伏组件制造商排名：第三版

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613...14“‘安全区’内的制造商通常是首选，因为这表明其财务状况更稳健，财务困境风险更低。通过查看该公司多年来的阿尔曼Z-Score趋势，可以更全面地了解其财务稳定性。”以ETERBRIGHT

(HIWIN)公司为例，该公司财务状况稳步改善，现已达到安全区。

以下是该公司多年的阿尔曼

Z-Score

值：3.77On

Q320235.67on

Q420244.38on

Q120255.41on

Q22026如何解读“安全区”内的公司？15艾特博瑞特

(HIWIN)目前为5.41（2026年6月）安全区内光伏组件制造商数量已增至15家，较上一版增加了1家。根据高于2.6的阿尔曼

Z-Score，这一增长表明该行业的财务健康状况持续增强。16DMEGC

SOLAR（DMEGC磁材集团）总部位于中国浙江省东阳市横店，截至2026年6月，其Altman

Z-Score为3.39。在整个报告期内，该公司的Altman

Z-Score始终保持在