In the past few days, we have featured some of the key trends in the solar industry during 2016, including the changing face of c-Si cell spending and the strong capex into new facilities in countries such as Thailand, Vietnam and Malaysia. The technology split of solar cells produced in 2016 was also reviewed, showing the resilience of p-type multi and the factors that have been holding back further market-share gains for p-type mono.
Yesterday, we exclusively revealed the top-10 solar cell producers for 2016. In the second part of our top-10 series, we can now reveal for the first time the top-10 module suppliers to the solar industry for 2016.
There are many key metrics worth listing at the end of each year in the solar industry. In terms of the upstream/manufacturing side, two jump out as leading indicators for the year ahead.
The first is to rank the top-10 producers of the solar cells during the year.
New analysis by the in-house market research team at PV-Tech’s parent company Solar Media Ltd. can exclusively reveal that Hanwha Q-CELLS was the number 1 solar PV cell manufacturer in 2016, based on megawatts of cells produced in-house across the year.
Solar cells produced using p-type multi c-Si wafers retained their dominant market-share position in 2016, despite significant investments into p-type mono and advanced cell production, such as PERC. The transition to increased mono wafer use is now expected to be seen more clearly during 2017 and 2018, but depends still upon the relative end-market demand from the domestic Chinese market.
Capital expenditure (capex) for solar cell manufacturing is to see increased contributions in 2017 from Vietnam, India and Thailand, expanding the global footprint of cell manufacturing outside China across different countries in the Asia region.
The recent announcements from Silicon Module Super League (SMSL) manufacturer LONGi Silicon Materials, to acquire the Malaysia wafering operations of Comtec Solar Systems Group and to align with Trina Solar and Tongwei for a new 5GW factory in China, represent yet more substance to LONGi’s active push to shift the industry to mono c-Si cell and module supply.
As we finalize the agenda for PVCellTech 2017 – to be held in Penang, Malaysia, on 14-15 March 2017 – one of the key goals is to understand how solar cell advances in mass production are driving module availability to the market.
This blog contains the concluding part of my Tales from Taiwan feature, with the first blog - Tales from Taiwan Part 1: more capacity comes online, but not in Taiwan - appearing on PV-Tech earlier this week.
After a week in Taiwan, overlapping with the PV Taiwan exhibition and conference in Taipei last week, my main takeaway is the scale of new capacity that is confirmed to be coming online over the next 3-6 months, no matter what is happening today regarding supply levels and end-market demand. This and other conclusions from my week in Taiwan are covered in two blogs this week on PV-Tech.
