Capacity, Shipment and Revenue of Solar Cells to Continue Seeing Rapid Increases...

Capacity, Shipment and Revenue of Solar Cells to Continue Seeing Rapid Increases in the Chinese Market

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c87108) has announced the
addition of 2007 Deep Research Report on China Solar Cell Industry to
their offering.

According to the data from Deep Research Report on China Solar
Cell Industry in 2007, the Solar Cell Shipment was 400.9 MW in 2006,
compared to 118.7MW in 2005, it got an increase of 237.74%, and in
2007, this figure reached 1021.5 MW, and the increase was 154.8%.

In China, the solar cell revenue was 1251.4 Million US dollars in
2006, compared to the 343.3 Million US dollars of 2005, the increase
was 264.5%,and in 2007, this figure reached 3188.6 Million US dollars,
the corresponding increasing rate was 154.8%.

About selling price: in 2006, the solar cell selling price is 3.12
US dollars/W in China, compared to 2.89 US dollars/W in 2005, the
increase was 8% ; while in 2007, it remained the same, and the price
will slowly drop after 2008.

About the utilization rate: the total solar cell utilization rate
of China is 27.36 in 2005, 34.24% in 2006, and about 41.61% in 2007,
76.99% in 2012; the low utilization during 2005 and 2006 mainly
because: first, the expansion of solar cell manufacturing capacity is
too fast; second, the shortage problem of solar cell raw materials
(wafer or polysilicon) is very serious.

About the net income margin: in 2006, almost all the companies got
profits; while in the first half year of 2007, the situation was not
good, the lost companies increased, and some companies had a lower
profit margin: this was mainly due to the slow increasing demand of
downstream and serious competition of solar cell industry in China.

About the solar cell equipment: although the homemade solar cell
equipment has made great progress, the major equipment (such as
diffusion furnace PECVD, sintering furnace, screen printer etc) mainly
relies on the imports, and in fact, the cost of imported equipment
almost reaches 2/3 of the total. However, for the local equipment is
cheap and its technology has grown more and more matured, therefore,
its market share will become more and more.

About the raw materials: the shortage of wafer and polysilicon is
the main reason of low utilization rate, what is more, the high price
of raw materials is also another important reason for the slip of
profit margin. The better raw materials suppliers (such as Hebei
Jinao) can make huge profits, while the others face the serious market
competition.

About the downstream demand: more than 50% of cell companies also
produce modules, in most cases, it will use its own module, and it
will not be sold to others directly. And there are still some cell
manufacturers also selling their products to local clients, according
to the data from QY Research; there are only 3% of solar cell sold to
the oversea in 2006 and 2007, and the module capacity is bigger than
that of cell. For the development of cell always keeps on pace with
module, therefore, their relationship between supply and demand keeps
in good balance, maybe the wafer is a bit more shortage, but it still
could meet the demand. The products of low utilization rate will be
dealt with low price.

In a word, capacity, shipment and revenue of solar cell all keep
at a rapid increase, the average increasing rate will be 40% or more,
which is higher than that of the global market. Though the selling
price and net income margin all have went down, there are still some
better market perspectives: large scale production, abundant raw
material suppliers, plenty of orders and so on. As the market demand
increased slowly, which made some companies lost and others got lower
income margin. Generally, the whole industry is in the adjusting
period, and industry conformity may exist. However, the trend of solar
cell industry is capacity expansion and looking for cheap materials.

Solar energy as a renewable energy and lots of downstream products
(such as solar lamps) have huge market no matter today or in the
future, in a word, solar energy business will have a bright future as
it is one of the best renewable energy instead of traditional energy.

Deep research report on China solar cell industry in 2007 is a
report mainly about China solar cell industry chain, the solar cell
upstream industry will be concerned:wafer or sources of polysilicon
raw materials,equipment(diffusion furnace PECVD, sintering furnace,
screen printer etc),washing and analytical instruments. Solar cell
industry contents are:solar cell supply, shipments, sales, demand,
price, revenue, profit margin, capacity, expansion and products
distributions and so on;Downstream contents: market demand of solar
cell,downstream clients,regional revenue and market share. Through the
detailed survey and research of the solar cell industry chain, the
report can present a deep and excellent introduction about China solar
cell industry and provide an alternative of strategy planning for
investors.

Companies Mentioned:

Wuxi Suntech(STP)

Baoding Yingli Solar (YGE)

JA Solar(JASO)

China Sunergy (CSUN)

Jiangsu Solarfun (SOLF)

Shanghai Topsolar

Ninbo Solar

Trina Solar(TSL)

Canadian Solar(CSIQ)

Jiangyin Jetion

Sunowe Photovoltaic

Shenzhen Topray Solar

Jiangsu Tianbao-PV

UL Solar

Yunnan Tianda

SSEC

Chinalight Solar

Tianjin Jinneng Solar

Hainan TianJu

Shenzhen Trony Science

Yunnan Zhuoye Solar

ZL-Solar

For more information visit
here

Laura Wood

Senior Manager

Research and Markets

press@researchandmarkets.com

Copyright Business Wire 2008