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.
Leading PV manufacturing equipment supplier Meyer Burger Technology has announced orders worth over US$146 million in the last four months, which includes a new order worth CHF 18 million (US$18.03 million) for its PERC cell technology and SiNA cell coating systems from two customers based in Asia.
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.
Specialist PV manufacturing equipment supplier Amtech Systems has reported new solar orders since the end of September, 2016 have topped US$60 million, driven by PV manufacturers in China, Malaysia and Taiwan.
China-based integrated monocrystalline PV producer, Solargiga Energy Holdings has reported unaudited shipments and revenue for 2016, which highlights only a small year-on-year revenue gain, despite product shipments increasing 34% as ASP declines worsened in the fourth quarter of the year.
The lack of information in a joint press release from Tesla and Panasonic, confirming a solar cell manufacturing partnership at the SolarCity/Silevo 1GW Buffalo fab in New York State was not a surprise, especially considering it merely rubber stamped an MOU previously announced that was only subject to the successful acquisition by Tesla of SolarCity.
China-based PV module manufacturer Wuxi Suntech, a subsidiary of diversified renewables firm, Shunfeng International Clean Energy (SFCE) has said it has achieved multicrystalline Passivated Emitter Rear Contact (PERC) cell efficiencies of 20% in production.
As part of PV Tech’s ongoing analysis of global PV manufacturing capacity expansion announcements, an important aspect remains the ever evolving geographical footprint of the upstream market of dedicated solar cell, module assembly, thin film and c-Si integrated facilities.
