Solar cell production in 2009 will grow by 56%

Solar cell production in 2009 will grow by 56%

DisplaySearch released by the team Monday, a report said that despite facing a demand for renewable energy projects, credit crunch and global economic recession, but in 2009 solar cell production will increase 56%.

The report predicts that the battery manufacturing capacity this year will reach 170 million kilowatts by 2013 to over 42 billion kilowatts, an increase of 49%.

Despite the decrease in demand for photovoltaic panels this year, 17%, and the "excess supply" eroding prices, solar energy industry will "start off by excess capacity, demand will recover next year, and took off in 2011 and beyond, DisplaySearch vice president of manufacturing research and study author Anne Charles Szymborska On Road.

Despite the decline in demand, but the previous expansion project commissioned to promote the capacity of growth, the report said that from January 2008 to July 2009, the world will be installed capacity of some 114 gigawatts of solar cells.

The report concluded that First Solar is based in the United States is the largest manufacturer of solar cell capacity of over one billion watts. Germany's Q-Cells AG and China's Suntech Power Holdings Co., Ltd. in second place.

The report shows that by 2013, these companies and China's JA Solar Holdings Co., Ltd., Taiwan's Motech Industries, the Norwegian renewable energy company, SunPower, based in the United States company, China's Yingli Green Energy Holding Company Limited, Japan Showa Shell Oil Co. and Sharp who may be the top 10, more than 16 billion kilowatts capacity, or total capacity of 2013 accounted for 38%.

Henan thinking vice president of sales Wu Songliang Comments: 8Months12Date(Wednesday, Shenzhen weather: rain) today has come down a small margin, will not the same as the stock market plummet, I think not. Nickel prices is difficult to go back to the beginning.

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