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    Home > Chemicals Industry > International Chemical > The 2018 global PV cell/module shipment ranking was released

    The 2018 global PV cell/module shipment ranking was released

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    According to the latest solar PV module shipment ranking released by market information company PV InfoLink in the first half of 2018, Chinese manufacturers continue to dominate the global market, with monocrystalline silicon module shipments increasing
    sharply.
    Overall, PV InfoLink forecasts total PV demand for 2018 at 83 GW
    .

    PV InfoLink revealed that JinkoSolar is leading the way in global module shipments, reaching 4.
    8 GW in the first half of the year, followed by JA Solar and LONGi Solar
    .

    With the rapid upgrade of its single product, LONGi Solar climbed from seventh to third place
    in the first half of 2018.
    It is also the Chinese company with the highest domestic shipments, followed by GCL and JinkoSolar
    .

    PV InfoLink said that although module demand in the first half of the year was about 45 GW, after the May 31 policy, the demand in the Chinese market will decrease by about 20 GW
    .

    In terms of batteries, Chinese companies Tongwei and Aiko occupy the top two places
    .
    In 2017, Aiko added several gigawatts of new capacity, while Tongwei's battery capacity is expanding significantly, meaning the two companies may still be leaders
    in solar cells.

    Taiwanese battery makers have been cutting production for most of the year, with only Taiwan's Motech appearing in the top 5
    .
    However, the new companies that NSP, Gintech and Solartech are about to merge are likely to make it into the top 5
    .

    In addition, India's 25% safeguard duty could lead to a reduction in demand in the domestic market, while demand for the European market remains unclear in the Minimum Import Price (MIP) decision expected on September 3
    .

    On the other hand, the trade war also affects global and US industries
    .
    Taking all these headwinds into account, PV InfoLink has lowered its total solar PV demand outlook to 83 GW
    .

    The agency also revealed that market concentration is growing
    .
    It is estimated that shipments from the top ten manufacturers will account for about 67% of total demand, up from 55%
    last year.

    Benefiting from better cost performance, monocrystalline products have gradually gained recognition and popularization, and are now widely used in Chinese mainland markets
    .
    This trend is spreading
    in other regions.
    As the price of monomer cells and modules falls, PV products based on monocrystalline technology are expected to account for about 47% of the total market, up from just 28%
    in 2017.
    This target is expected to grow to around
    60% in a few years.

    However, PV InfoLink said that due to the lack of strong policy incentives, the entire PV market will be at a low ebb
    between the second quarter of 2018 and the second quarter of 2019.

    According to the latest solar PV module shipment ranking released by market information company PV InfoLink in the first half of 2018, Chinese manufacturers continue to dominate the global market, with monocrystalline silicon module shipments increasing
    sharply.
    Overall, PV InfoLink forecasts total PV demand for 2018 at 83 GW
    .

    photovoltaic

    PV InfoLink revealed that JinkoSolar is leading the way in global module shipments, reaching 4.
    8 GW in the first half of the year, followed by JA Solar and LONGi Solar
    .

    With the rapid upgrade of its single product, LONGi Solar climbed from seventh to third place
    in the first half of 2018.
    It is also the Chinese company with the highest domestic shipments, followed by GCL and JinkoSolar
    .

    PV InfoLink said that although module demand in the first half of the year was about 45 GW, after the May 31 policy, the demand in the Chinese market will decrease by about 20 GW
    .

    In terms of batteries, Chinese companies Tongwei and Aiko occupy the top two places
    .
    In 2017, Aiko added several gigawatts of new capacity, while Tongwei's battery capacity is expanding significantly, meaning the two companies may still be leaders
    in solar cells.

    Taiwanese battery makers have been cutting production for most of the year, with only Taiwan's Motech appearing in the top 5
    .
    However, the new companies that NSP, Gintech and Solartech are about to merge are likely to make it into the top 5
    .

    In addition, India's 25% safeguard duty could lead to a reduction in demand in the domestic market, while demand for the European market remains unclear in the Minimum Import Price (MIP) decision expected on September 3
    .

    On the other hand, the trade war also affects global and US industries
    .
    Taking all these headwinds into account, PV InfoLink has lowered its total solar PV demand outlook to 83 GW
    .

    The agency also revealed that market concentration is growing
    .
    It is estimated that shipments from the top ten manufacturers will account for about 67% of total demand, up from 55%
    last year.

    Benefiting from better cost performance, monocrystalline products have gradually gained recognition and popularization, and are now widely used in Chinese mainland markets
    .
    This trend is spreading
    in other regions.
    As the price of monomer cells and modules falls, PV products based on monocrystalline technology are expected to account for about 47% of the total market, up from just 28%
    in 2017.
    This target is expected to grow to around
    60% in a few years.

    However, PV InfoLink said that due to the lack of strong policy incentives, the entire PV market will be at a low ebb
    between the second quarter of 2018 and the second quarter of 2019.

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