Taipei, Monday, October 23, 2017 21:42 (GMT+8)
partly cloudy
Taipei
21°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
  • Powertech expects growth in 4Q17

    Before Going to Press | 1min ago

  • Graphics card vendors to see shipments rise in 2017

    Before Going to Press | 32min ago

  • Huawei ships 112 million smartphones in January-October

    Before Going to Press | 50min ago

  • Taiwan market: iPhone 8 best-selling smartphone in September

    Before Going to Press | 51min ago

  • Aleees constructing new plant in China

    Before Going to Press | 53min ago

  • Semiconductor firms eye edge-computing opportunities

    Before Going to Press | 57min ago

Pause
 | 
View more

China AMOLED panel capacity expansion forecast, 2016-2020

RESEARCH EXTRAS | Jun 8, 15:37

This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by China's makers.

Taiwan server shipment forecast and industry analysis, 2017

TAIWAN MOBILE DEVICE | May 31, 10:20

According to surveys and analyses conducted by Digitimes Research, revenues generated from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors rose 4.8% on year to reach NT$555.8 billion (US$18.79...

Taiwan handsets – 2Q 2017

TAIWAN MOBILE DEVICE | Aug 24, 14:56

The revival of the Nokia brand by HMD Global is benefitting Taiwan's handset manufacturing sector. Orders for Nokia-branded feature phones have become a main growth driver for Taiwan's handset shipments.

China smartphone market and industry – 2Q 2017

CHINA SMARTPHONE | Aug 18, 14:38

Digitimes Research estimates smartphone shipments to the China market in the second quarter of 2017 totaled 94.1 million units, maintaining a similar level to that seen in the first quarter of 2017 but down 11.8% on year.

Taiwan LCD TVs – 2Q 2017

TAIWAN DISPLAY SYSTEM | Aug 14, 11:13

Taiwan TV makers' shipments to some of their China-based clients were weakened by rising LCD panel prices in the second quarter of 2017, during which shipments to China's financially-troubled LeEco had mostly stopped.

Global notebook shipment forecast, 2017 and beyond
China AMOLED panel capacity expansion forecast, 2016-2020
Global notebook shipment forecast, 2017 and beyond
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.