Solar cell capacity expansions continue momentum in September

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

PV Tech’s preliminary analysis of global PV manufacturing expansion plans for the month of September, 2015 echo trends set since the month of June when only a handful of announcements per month were publically made. 

The expectation for September was that after the record capacity expansion level set in May (6.7GW) new announcements would decline through to the fourth quarter when major new announcements from some of major PV manufacturers could be expected during third quarter financial conference calls. 

Though the trend has been downward as expected, a total of almost 1.5GW of new capacity plans were announced from five companies, much higher than the 1GW announced from five companies in August. 

Similar to August, September capacity plans announced were dominated by dedicated solar cell (200MW) and integrated cell and module (500MW) expansions, while dedicated module assembly plans totalled 760MW. There were zero capacity expansions announced for thin film production and zero for the third quarter of 2015. 

The main expansion announced (700MW) was that of China-based Seraphim Solar System expanding plans previously revealed (300MW) of module assembly in Jackson, Mississippi in May. The company has since said that it would be using solar cells procured from merchant cell producers in South Korea, which would include multi and mono products. 

The surprise news was the planned introduction of 200MW of solar cell capacity at aleo solar’s module assembly plant in Germany. Despite the European end-market in decline, European producers are mainly running at full-capacity. 

A level of caution therefore should be attributed to more than 500MW of plans announced by Longi Silicon Materials and GCL Integrated Technology Co /Adani Group JV for a 500MW integrated facility and unspecified plans both in India, respectively. 

Monorystalline wafer producer, Longi Silicon Materials has announced in the third quarter of this year around 6GW of planned expansions, including wafer, cell and module, primarily in China. 

Impressively, around 2GW of planned expansions with cell/module subsidiary Leye Photovoltaic have recently received financing through a private placement of shares in the parent company, while the remaining capacity plans have yet to be finalised. 

The recent GCL/Adani JV announcement simply lacks any details at all, especially details on financing. 

Third quarter analysis

With September out of the way we can also provide a preliminary analysis of expansion plans for the third quarter of 2015. 
As expected, total capacity announcements declined from the highs of the second quarter (9.8GW) to just over 6GW in the third quarter. 

However, the drop-off was not as significant as expected, especially when only 1.4GW was announced in the prior year period. The strength in announcements in Q3 mirrors those of Q1 and similar in size to the first two quarters of 2014. 

The third quarter also confirmed that emphasis on a MW level has most definitely switched to capacity plans for both dedicated solar cell expansions and integrated cell/module. 

A total of 2.5GW of dedicated solar cell expansions were made in the third quarter, while at least 1.9GW of integrated production plans were announced. Dedicated module assembly plans totalled around 1.7GW, slightly ahead of first quarter plans but down significantly from the second quarter’s 2.5GW.

Nine month analysis 

The most important trend in the first half of 2015 was arguably the geographical shift in planned expansions. With the wise precaution of excluding announcements made by Hanergy Thin Film, no new capacity announcements were made in China. 

However, that run ended briskly in July when Longi started announcing 5.5GW of expansions in China. 

Yet, Longi has been the only Chinese producer to announce major plans in China in the third quarter of the year, clearly indicating that a significant hold on capacity expansions in China remains in place. 

In the first nine months of 2015, a total of over 22GW of new capacity expansions have been announced, compared to over 13GW in the prior year period. Clearly strong momentum has been building. 

28 July 2021
LONGi has launched its Hi-MO N module, the company's first bifacial module with N-type TOPCon cells, designed to deliver ultra- high value and lower LCOE to utility-scale PV power plants. This PV TechTalk Product Series webinar will provide an overview of the module’s technology and how the introduction of n-type technologies will provide efficiency and performance gains for solar project developers.
29 July 2021
This free webinar will explore the ongoing opportunities in the UK solar PV market, looking at global technology trends and how they apply to the UK. Join us for an overview of the project pipeline and forecast for deployment over the coming years. We'll be looking at the types of modules available and being used in the UK and presenting a case study on the deployment of bifacial modules in this market.
19 August 2021
The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.
25 August 2021
Energy Next is a new industry exhibition focusing on the latest renewable energy and energy efficiency technology, which will be held for the first time in 2021 in Sydney, Australia alongside the Clean Energy Council’s Australian Clean Energy Summit, the peak gathering of leaders driving Australia's energy transformation. Organised by the same people behind Australia’s largest clean energy event, All-Energy Australia, Energy Next will give visitors two days of access to key suppliers in the industry, free-to-attend professional development and industry workshops, and networking opportunities to better understand clean energy issues and solutions and learn about the latest developments in this transformational, dynamic sector.
25 August 2021
The Intersolar Summit Brasil Nordeste takes place in Fortaleza, Brazil. It addresses leading local and international experts on solar power and renewable energy in the region. The Summit’s mission is to provide in-depth education, enable high-quality networking opportunities, expand the use of PV technologies at regional and national level and strengthen the local PV industry. The Intersolar Summit Brasil Nordeste is organized by Intersolar South America - Latin America’s largest exhibition and conference for the solar industry: Solar Promotion International GmbH, Pforzheim, Freiburg Management and Marketing International GmbH (FMMI) and Aranda Eventos & Congressos Ltda, São Paulo as co-organizer.
25 August 2021
Join us to hear directly from the CTOs and heads-of-research from the top-20 cell/wafer producers to the PV industry today. The event will focus on predicting the key metrics underpinning the next big shift to n-type with answers to the key questions: When will the transition to n-type happen? Which companies will be first to 10 GW capacity and production? Who will be the key equipment suppliers for the new production lines? Which n-type process flow/architecture will emerge as the front-runner? What will polysilicon purity and wafer thickness levels look like for optimized n-type manufacturing? What will the upstream poly/wafer supply-chain look like in 5 years from now?

Read Next

July 27, 2021
Greek industrial group Mytilineos recorded a net profit of €77 million (US$91 million) in H1 2021, however the firm’s renewables division witnessed a drop in revenue year-on-year.
July 27, 2021
Canadian Solar has closed a BRL500 million (US$100 million) financing facility to develop a Brazilian solar portfolio claimed to be the country’s largest, while also giving it the option to hold built solar assets for longer.
July 27, 2021
Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have signed contracts for 778MW of renewable energy generation and 118.75MW of energy storage in California.
July 27, 2021
More than 140 business leaders have urged the US Congress to pass President Joe Biden’s bipartisan infrastructure bill, telling lawmakers that the bill is “desperately needed” to renew the nation’s infrastructure
July 27, 2021
A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.
July 27, 2021
Tesla reported retrofit solar installations of 85MW in Q2 2021, cementing its recovery from a worst-ever performance in the corresponding period last year.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Webinar
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021