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Chihheng Liang and Sophia Chen, DIGITIMES Research, Taipei [Monday 14 November 2011]
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 
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 Local PV policy in the 12th Five Year Plan Jiangsu province Table 1: Solar industry in Jiangsu under the 11th Five Year Plan, 2006-2010 Table 2: 10 planned industrial hubs in Jiangsu, 2006-2010 Table 3: Support measures for the solar industry in Jiangsu, 2006-2010 Shanghai city Table 4: Shanghai High and New Technology Industrialization Action Plan, 2009-2012 Chart 1: Major points of development of the solar industry in Shanghai city Zhejiang province Table 5: Zhejiang Application and Industry Development Promotion Plan of Solar PV and New Energy Sources Table 6: Zhejiang Application and Industry Development Promotion Plan of Solar PV and New Energy Sources Bohai region Chart 2: Overview of solar industry in Bohai region Chart 3: Solar industry clusters in the Bohai region Anhui province Table 7: Solar industry in Hefei, Anhui under the 12th Five Year Plan Henan province Chart 4: Overview of solar industry in Henan province Hunan and Hubei province Guangdong Chart 5: Solar industrial parks in Guangdong province Jiangsu province Solar wafer industry Chart 6: Capacity over view of major solar wafer firms in Jiangsu, 2011 Solar cell industry Chart 7: Capacity over view of major solar cell firms in Jiangsu, 2011 Solar module industry Chart 8: Capacity over view of major solar module firms in Jiangsu, 2011 Overview of major solar firms Suntech Power Holdings Chart 9: Suntech solar wafer to module capacity expansion plans, 2009-2011 (MWp) Trina Solar Chart 10: Trina Solar solar wafer to module capacity expansion plans, 2009-2011 (MWp) Hanwha SolarOne Chart 11: Hanwha SolarOne solar wafer to module capacity expansion plans, 2009-2011 (MWp) Canadian Solar Chart 12: Canadian Solar solar wafer to module capacity expansion plan, 2009-2012 (MWp) GCL-Poly Holdings Chart 13: GCL-Poly polysilicon to solar wafer capacity expansion plan, 2009-2012 China Sunergy Chart 14: CSUN solar cell to module capacity expansion plan, 2009-2011 (MWp) EGing Photovoltaic Technology Chart 15: EGing PV solar wafer to module capacity expansion plan, 2009-2011 (MWp) Hareon Solar Technology Chart 16: Hareon Solar solar wafer to module capacity expansion plan, 2010-2011 (MWp) Zhejiang Province Solar wafer industry Chart 17: Capacity overview of major solar wafer firms in Zhejiang province, 2011 Solar cell industry Chart 18: Capacity overview of major solar cell firms in Zhejiang province, 2011 Solar module industry Chart 19: Capacity overview of major solar module firms in Zhejiang province, 2011 Overview of major solar firms Renesola Chart 20: Renesola solar wafer to module capacity expansion plan, 2009-2011 (MWp) Sun Earth Solar Power Chart 21: Sun Earth Solar Power solar wafer to module capacity expansion plan, 2009-2011(MWp) Jinko Solar Chart 22: Capacity overview of Jinko Solar, 2011 (MWp) Zhejiang companies involved in the solar market Table 8: private corporations in Zhejiang that have entered the solar market (MWp) Jiangxi Province Chart 23: Trend of Jiangxi solar industry total shipments, 2006-2010 (US$m) Solar wafer industry Chart 24: 2011 capacity overview of solar wafer in Jiangxi Solar cell industry Chart 25: 2011 capacity overview of solar cell in Jiangxi Solar module industry Chart 26: 2011 capacity overview of solar module in Jiangxi Overview of major solar firms LDK Chart 27: LDK Solar solar wafer to module capacity expansion plan, 2009-2011 (MWp) Jinko Solar Chart 28: Trina Solar capacity expansion plans, 2009-2011 (MWp) Jiangxi Sorrid Hi-Tech Jiangxi Solar PV Corporation Bohai Economic Rim Solar wafer industry Chart 29: Capacity overview of major solar wafer firms in Bohai Economic Rim, 2011 Solar cell industry Chart 30: Capacity overview of major solar cell firms in Bohai Economic Rim, 2011 Solar module industry Chart 31: Capacity overview of major solar module firms in Bohai Economic Rim, 2011 Overview of major solar firms Yingli Green Energy (Yingli Solar) Chart 32: Yingli Solar solar wafer to module capacity expansion plan, 2009-2012 (MWp) Jinglong Group JA Solar Chart 33: JA Solar solar wafer to module capacity expansion plan, 2009-2011 (MWp) Linuo Power Chart 34: Linuo Power solar cell to module capacity expansion plan, 2009-2011 (MWp) Solargiga Energy Chart 35: Solargiga Energy subsidiaries Chart 36: Solargiga Energy solar wafer to module capacity expansion plan, 2009-2011 (MWp) Central and southern regions Anhui province Hefei city Table 9: Investment solar projects in Hefei city Bengbu city Table 10: Solar cell and thin-film module projects in Bengbu city Henan province Luoyang city Chart 37: Silicon material base plans and measures in Luoyang city Anyang city Table 11: Large solar investment projects in Anyang city during 12th Five-Year Plan Guangdong province Chart 38: Thin-film solar industry in Guangdong province Table 12: Major solar firms capacity in Guangdong province Polysilicon and thin-film solar industries Polysilicon industry Table 13: China-based polysilicon firms' capacity plans, 2009-2012 Thin-film solar industry Silicon thin-film solar industry Table 14: China-based thin-film solar firms CIGS solar industry Table 15: China-based CIGS solar firms
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