BIG SUN MAKERS TAKE OVER IN CHINA

Tier 1 China PV Module Suppliers Reach 50% Market-Share in Q3’13 as Costs Continue to Decline

Michael Barker, October 9, 2013 (SolarBuzz)

“…[T]he share of the Chinese Tier 1 c-Si module suppliers (made up of a total of 14 manufacturers), grew from 40% at the start of 2011, to 45% at the start of 2012, and by Q3’13, this share had reached 50% of global solar PV shipments…[C]ost reduction by Tier 1 Chinese producers has underpinned much of the shipment growth and overseas expansion plans…[S]ilicon pricing and spot/contract supply terms have provided a large portion of the cost declines…[Formerly almost 40% of total c-Si module cost, silicon] now accounts for approximately 20%...Today, module conversion costs account for the highest share of overall PV module production costs, at about one-third…” click here for more

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