Solar Module Big Six to Reach 50% Global Mkt Share by 2016 – Canadian Solar, Hanwha Q CELLS, JA Solar, JinkoSolar, Trina Solar & Yingli Green

According to a research report from PV Tech, the big-six c-Si module suppliers in the solar PV industry today – Canadian Solar, Hanwha Q CELLS, JA Solar, JinkoSolar, Trina Solar and Yingli Green – are forecast to increase market share again in 2016, taking their collective market share of global module supply to almost 50%.

This inference is based on new research undertaken by the Solar Intelligence research team, that had fully modelled out the expected capacity, production and shipment forecasts for each of the these companies to the end of 2016.

Now, I am not entirely sure if such an oligopoly-like situation is good or bad for the consumers.

Sure, oligopolies, if they want to, can pass on the benefits from economies of scale to the end user, thereby reducing overall panel prices.

Oligopolies, at the same time, can also cartelize themselves and start setting prices.

Thinking a second time, in fact it might be good that it is not exactly an oligopoly (where a few control 80-90% of marketshare), but the rest 50% of the market can possibly ensure that the big boys behave themselves, and possibly pass on the benefits from the economies of scale.

8 thoughts on “Solar Module Big Six to Reach 50% Global Mkt Share by 2016 – Canadian Solar, Hanwha Q CELLS, JA Solar, JinkoSolar, Trina Solar & Yingli Green

    1. Narasimhan Santhanam Post author

      David

      I do not have the formal numbers for 2015 as the year has just ended.

      For 2014, the first 5 were

      Trina Solar
      Yingli Solar
      Canadian Solar
      Jinko Solar
      JA Solar

      The first 5 are unlikely to have had made shuffles in 2015

    1. Narasimhan Santhanam Post author

      Canadian Solar is technically headquartered in Guelph, Ontario (Canada), but the bulk of its manufacturing is in China

      The company was BTW, founded by a Chinese-Canadian Shawn Qu

  1. REGUNATHAN

    ALL 6 are CHINESE COS

    Any hope for Indian solar panel companies at all?

    What happens to Modiji’s Make in India policy? Looks like it will be Import from China policy for the solar industry

    1. Narasimhan Santhanam Post author

      Regunathan

      Many Indians, including me, share your angst

      But for the time being, policy certainly is “import from China” for the Indian solar sector.

  2. Mansoor Khan

    Once it used to be Japanese and Germans who were top module makers.

    I think all German module makers are closed down, while some Jap module companies such as Sharp are still there, but they are no longer in the top

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