Current Development of China's Solar Photovoltaic Industry: Major Trends and Key Companies
March 13, 2009 / Sean Kao
17 Page, Topical Report
US$2,420 (Single User License)

Abstract

China, which in the past used foreign investments to build up industries, has relied on students returning from abroad with large professional networks, local government funding, and capital from international financial markets to create a globally oriented solar photovoltaic industry base. This report examines historic and current development of China's solar photovoltaic industry, explores major industry trends, and analyzes key companies in the industry.
  •  Table of Contents
  •  List of Topics
  •  List of Figures
  •  List of Tables

Industry Development Strategies

Looking in general at the development strategies of the Chinese solar photovoltaic industry, the reasons for its rise to become the world's largest production base can be summed up as follows: building on a base of cheap labor and through the long-term accumulation of returning students and capital after the economic reforms, the industry has chosen emerging opportunities centered on relatively standardized technologies. By flexibly adjusting its structure, it has solved the basic problem of corporate ownership. Furthermore, it has flexibly used worldwide capital in order to aggressively obtain raw materials, pursue economies of scale and rapid expansion strategies in strong economic times.

However, in the process of achieving the world's largest shipment scale and relevant employment and economic growth effects, and stimulating a virtuous circle with related equipment industries, lurking problems of China's solar photovoltaic industry's rapid expansion strategies have also emerged in the economic downturn. First, the large capital demand and financial risks related to support for low capacity utilization rates, raw material contracts, and high level of vertical integration, will impact current turnover problems and future investments in emerging technologies. After its rapid growth, the industry now faces operational adjustments. Secondly, with the difficulties involved in obtaining foreign capital increasing, the renewable energy budget allocation of the Chinese government and the degree of its financial support for the solar photovoltaic industry will test the industry's restructuring. Furthermore, some companies, in their rush to expand the scale of their sales, have suffered a negative image from quality issues. With the economy in a downturn and the key in competition moving back from obtaining resources to quality, several significant issues exist for the industry's long-term development.

Production Still Trumps Technology and Applications

Currently, the key competition elements for upstream, midstream and downstream industry sectors are technology R&D, production and integrated applications respectively. The midstream sector is very strong, while the competitiveness of the upstream and downstream sectors is relatively weak. This shows that manufacturing still trumps technology and applications in China's industry.

In the future, besides individual makers' efforts to improve their competitiveness, whether the Chinese government intends to develop policies that can expand the local solar photovoltaic market will be a major focus in terms of possibly solving the slow application development of the Chinese industry and the surplus capacity of the midstream industry sector.

Appendix

List of Companies

Aide Solar Energy Technology

 

江蘇艾德

Apolight Hightech

 

深圳阿波萊

Astronergy

 

正泰太陽能

Beijing Changri New Energy Science & Technology

 

北京昌日

Beijing Shihua Innovation Technology

 

北京世華創新科技

Beijing Tian Neng Ying Li New Energy Technology

 

北京天能英利

Best Solar Co

 

百世德太陽能

Bluesun Solar Energy

 

杭州搏新

Boxin Solar Company

 

波信太陽能

CG Solar

 

威海藍星泰瑞

CGT

 

西安理工晶體科技有限公司

Changzhou Eging Photovoltaic Technology

 

常州億晶

Chaori Solar Energy Science&Technology

 

上海超日

China Silicon Corporation

 

洛陽中硅高科

China Solar Energy

 

香港華基光電

China Sunergy

 

南京中電光伏

Chinaseasun (Beijing) New Energy Power Project Co

 

北京中海陽

Chinese Renewable Energy Industries Association

 

中國資源綜合利用協會可再生能源專業委員會

Chinese Renewable Energy Society

 

中國大陸可再生能源學會

CN Solar Technology

 

浙江慈能光伏

CSG Holding

 

東莞南玻

CSI

 

蘇州阿斯特CSI

DAQO Group

 

江蘇大全

Emei Semiconductor

 

峨眉半導體

Eoplly New Energy Technology

 

歐貝黎新能源科技

Ganneng

 

贛能股份

GCL (Jiangsu Zhongneng)

 

江蘇中能

Glory Silicon

 

鎮江輝煌矽

Golden Sunshine

 

南京金色陽光

Guolu Solar Energy Science and Technology

 

漳州國綠

Harbin Keluola Solar Energy Electric Co

 

哈爾濱-克羅拉

Hebei Jinglong

 

河北晶龍

Hebei Zhengyuan Kaixin New Energy S&T Co

 

河北正源凱信

Heilongjiang Hanker New Energy Company

 

黑龍江哈克等

Hope Solar New Energy

 

北京哈博

Huachang Photovoltaic Technology

 

華昌光伏科技

Huantai Silicon

 

江苏环太集团

JA Solar

 

河北晶澳

Jetion

 

江陰浚鑫

Jiangsu Dengtai

 

江蘇登泰

Jiangsu Sunshine

 

江蘇陽光

Jiangyin Hairun

 

江陰海潤

Jiawei

 

深圳珈偉

Jinggong

 

紹興精功

Jinneng Solar Cell

 

天津津能

LDK

 

江西賽維LDK

Leshan Jiayang New Energy

 

樂山佳洋新能源

Liaoning Jinhua

 

遼寧錦華

Luoyang Single Crystal Silicon

 

洛陽單晶

Nenglian Solar

 

深圳能聯

Ningbo Solar Electric Power

 

寧波太陽能能源有限公司

Ningxia Shizuishan

 

寧夏石嘴山

Polar Photovoltaics

 

安徽普樂新能源

QS Solar

 

南通強生

Quoncion

 

東莞光旭

Renesola

 

浙江昱輝

Sanjing Silicon Refining

 

福建三晶

Shandong Sunvim Solar Technology

 

山東孚日光伏科技

Shanghai Electric

 

上海電氣

Shanghai S&T

 

上海太陽能S&T

Shanghai Suntech

 

上海尚德

Shanghai Topsolar Green Energy

 

上海交大泰陽

Shenzhen Sumoncle Solar

 

深圳日月環太陽能

Shenzhou New Energy Development Company

 

內蒙古神舟新能源

Shunda

 

順大

Solarfun

 

林洋

Solargiga Energy

 

錦州新日

Solargiga Energy

 

錦州陽光能源

Sun Oasis

 

新疆新能源

Sunrise Solartech

 

常州兆陽

Suntech Power

 

無錫尚德

Sysuns

 

南京神宇

The Institute of Semiconductors of the Chinese Academy of Sciences

 

中國科學研究院半導體研究所

Tianwei Baobian

 

天威保變

TKT Power

 

內蒙古托克托

Tongyong Potovoltaic Energy

 

煙臺通用光伏

Topray

 

深圳拓日

Trina Solar

 

常州天合光能

Trony

 

深圳創益科技

Wanxiang Silicon-Peak Electronics

 

萬向矽峰

Wanxiang Solar

 

浙江萬向太陽能

Weihai China Glass Solar

 

威海中玻

Xiangshan Jingbolong Optoelectronics

 

象山靖博龍

Xinao

 

河北新奧

Xinguang Silicon Technology

 

樂山新光硅業

Xinxiang Limit PowerCo

 

河南新鄉力特光

Yingli Solar

 

天威英利

Yongxiang Polysilicon

 

樂山永祥多晶矽

Yuanchang

 

常州源暢光電

Yuhui Solar Energy Source

 

江蘇昱輝

Yunnan Semiconductor Appliance Plant

 

雲南半導體器件廠

Yunnan Tianda Photovoltaic Co

 

雲南天達光伏

Zhejiang Sino-Italian Photovoltaic. Co., Ltd (SIPV)

 

寧波晶元

Zhongsheng

 

中升半導體

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