Taipei, Tuesday, September 27, 2016 23:44 (GMT+8)
thunderstorms
Taipei
30°C
China PV industry development, by region
Chihheng Liang and Sophia Chen, DIGITIMES Research, Taipei [Monday 14 November 2011]
Registration required (free) to purchase. Please sign in if you wish to continue.
While Beijing has encouraged regional governments to develop the nation's solar PV industry, growth has been dramatic, as each local region attempts to develop its own industry clusters and supply chain. Solar wafer capacity in China will grow by 81% in 2011 to reach 35GWp, accounting for 67% of global capacity, while solar cell capacity will reach 37.3GWp. China's solar PV capacity alone will exceed total global demand. This Digitimes Research Special Report examines the regional solar strategies employed in China and the development of local players affecting the global PV market.
Abstract
Capacity overview of major solar module firms in Bohai Economic Rim, 2011

China's solar PV industry grew rapidly during the country's 11th Five-Year Plan, with most firms initially entering segments of the market that are labor-intensive, have low barriers to entry and high employment opportunities - namely the production of solar modules. China's local governments have also been enacting aggressive policies, setting up industrial parks, and providing generous subsidies to support the industry. China is now the home to industry leading firms such as Suntech, LDK, Yingli Solar, and Trina Solar.

In addition, starting in the first half of 2010, shortages were experienced in the global supply chain, from upstream polysilicon to solar cells. China-based solar firms jumped on the opportunity and began capacity expansion. Existing firms were aggressive with their vertical integration plans and firms from other industries sought to enter the market. By end of 2010, China accounted for more than 50% of global solar PV production capacity.

However, despite this wave of expansion shifting the market back to serious oversupply, capacity has continued expanding in 2011.

China's solar wafer capacity in 2011 will likely grow by 81% on year to reach 35GWp, accounting for 67% of global capacity. China's silicon-based solar cell capacity in 2011 will likely grow by 113% to reach 37.3GWp, approximately 62% of global capacity. Compared with estimated global solar PV system installations of 22GWp, China's solar PV capacity exceeds global demand.

As the oversupply condition continues, the market has been demanding products with higher conversion efficiency and of better quality, with products that lack such characteristics, and the related makers, likely to exit the market.

Table of contents
Price: NT$48,000 (approx. US$1,685)
Realtime news
  • Prices for solar-grade monocrystalline, polycrystalline silicon wafers drop to US$0.68, US$0.50

    Green energy | 1h 45min ago

  • Taiwan August manufacturing production index up on month, year, says MOEA

    Bits + chips | 3h 57min ago

  • Nvidia CEO denies competing with partnering graphics vendors with Founder Edition

    Before Going to Press | 2h 4min ago

  • Digitimes Research: IoT devices to reach cumulative volume of 38-50 billion units in 2020

    Before Going to Press | 2h 8min ago

  • Taiwan August manufacturing production index up on month, year, says MOEA

    Before Going to Press | 2h 10min ago

  • IC distributors look to brisk 4Q16 results

    Before Going to Press | 2h 10min ago

  • PTI buys equipment for wafer-level packaging

    Before Going to Press | 2h 12min ago

  • China polysilicon makers lower prices to below CNY90/kg

    Before Going to Press | 2h 13min ago

  • Taiwan market: Asustek Computer to launch ZenBook 3 series

    Before Going to Press | 2h 15min ago

  • Japan market: JDI may release shares to Sharp

    Before Going to Press | 2h 37min ago

  • TSMC orders equipment for NT$2.32 billion

    Before Going to Press | 2h 39min ago

  • Asustek , Gigabyte expected to ship around 17.5 million motherboards in 2016

    Before Going to Press | 4h 56min ago

  • India market: Foxconn to produce smartphones for OnePlus in India in 4Q16

    Before Going to Press | 4h 58min ago

Pause
 | 
View more

Taiwan server shipment forecast and industry analysis, 2016

RESEARCH EXTRAS | Apr 1, 15:47

Strong demand from the cloud computing market helped Taiwan's server shipments grow 12.5% on year to break 10 million units in 2015, accounting for 90.7% of worldwide shipments and the percentage is expected to grow to 91.1% in 2016. This Digitimes Research Special...

China smartphone touch-panel industry 2016 forecast

CHINA SMARTPHONE | Feb 6, 17:23

In 2016, China's smartphone panel capacity is expected to increase steadily, with BOE and Tianma expanding 6G capacity and GVO and Truly Optoelectronics increasing their share of handset panel production. This Digitimes Research Special Report analyzes the key...

Taiwan handsets – 2Q 2016

TAIWAN MOBILE DEVICE | Sep 2, 11:36

Taiwan's handset shipments slipped 13.5% sequentially and 45.4% on year in the second quarter of 2016.

China smartphone AP shipments - 2Q 2016

CHINA SMARTPHONE AP | Aug 31, 18:49

Shipment of mobile application processors for smartphones and tablets in the China market are expected to grow 18.6% in the second half of 2016.

Global tablet market – 2Q 2016

GLOBAL TABLET | Aug 29, 18:33

Worldwide tablet shipments dropped 9.4% sequentially and 13.2% on year to total only around 40 million units in the second quarter of 2016.

UMC
Intel strategies in the mobile device market
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.