Based on analysis of 21 PV manufacturers that were listed on various stock exchanges around the world in 2018, PV Tech can reveal the top 10 R&D spenders.
This article continues our series of features introducing new methodology that allows leading PV module producers to be categorised, ranked and short-listed by manufacturing and financial strength metrics; ultimately providing an investor-risk (or bankability) profile of PV module suppliers for non-residential end-market selection.
During the past few months, Tongwei has officially moved into the top-position as the leading solar cell manufacturer – by production volume – serving the PV industry.
We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.
China-based integrated and merchant PV manufacturer Tongwei Group recently opened its completed high-efficiency solar cell plant (S2), which includes the world’s first technically unmanned monocrystalline solar cell production line under the intelligent manufacturing term, 4.0.
