![]() ![]() In fact, Tongwei owns a module manufacturing plant with a capacity of 6GW, only it focused on polysilicon and cell business in the past. According to the agreement, East Hope Group plans to build a PV industrial chain project in Wuhai City, which includes 62,500 tons of polysilicon, 10GW of ingot pulling, 10GW of slicing, 10GW of cells and 10GW of module production facilities.Īlso attracting attention is Tongwei, the leading global polysilicon and cell manufacturer, which is marching into the module segment. On July 4th, East Hope Group and Wuhai Municipal Government held a ceremony for their agreement signing procedure. The first phase of the project aims to build an annual output of 125,000 tons of polysilicon, 145,000 tons of industrial silicon, 10GW of mono silicon, 10GW of slicing, 10GW of cells and 25GW of modules. ![]() The total investment of the project is about RMB150 billion (US$20.7 billion). The project is a total solution that integrates new PV materials, new energy and agriculture-complementary solar power stations on the upstream and downstream. In March, East Hope Group held a launching ceremony for its Ningxia Crystal New Energy Materials Project. New players ramping up productionĪs the PV industry embraces multiple new technologies, there are opportunities for new players to grab some market share from traditional giants.Īmong the newcomers, East Hope Group has attracted attention with huge investments in a 35GW module project and other links in the industrial chain. ![]() According to its expansion plan, 210/210R will account for more than 90% of the projected 50GW of cell and 65GW of module capacity. Its module shipment also ranked first globally in the first and second quarters of this year.Īt the same time, as a leading n-type TOPCon manufacturer, Jinko has increased the proportion of n-type product shipments in the first three quarters, contributing significantly to its overall performance.Īs a leader in large-size products, Trina Solar’s capacity and shipment of 210 modules are among the industry’s top position. Jinko Solar has 39GW of production expansion. Apart from the need to surpass its previous achievements, its module shipment ranking is also being challenged. On the other hand, the company has encountered more challenges. With the world’s largest module shipment last year, LONGi is able to expand its capacity rapidly. LONGi Green Energy leads the pack with 85GW of planned capacity. LONGi Green Energy aims to have 85GW of module production by the end of 2022. The six companies will reach 322GW in total by the end of the year. Since the beginning of this year, first-tier module manufacturers represented by Jinko Solar, LONGi Green Energy, Trina Solar and JA Solar have been actively investing in new capacity to consolidate their market positions and seize opportunities brought by the industry’s development.Īmong them, the expansion scale of JinkoSolar is 39GW, LONGi Green Energy 36GW, Trina Solar Energy 25GW, JA Solar Technology 15GW, CSI Solar 13GW, Risen Energy 18GW and Chint Solar 18GW.Īccording to the data disclosed in 2022 reports from JinkoSolar, LONGi, Trina Solar, JA Solar, CSI Solar and Risen Energy, the planned capacity of each company will be 60GW, 85GW, 65GW, 50GW, 32GW and 30GW, respectively, by the end of 2022. In addition to existing industry leaders, there are more newcomers and manufacturers from other fields entering the sector. ![]() Solar module companies are more than willing to expand production this year, with new module project announcements from old and new players continuing to emerge.Īccording to PV Tech statistics, the industry’s scale of new module project announcements has exceeded 400GW this year. ![]()
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