Published on March 15th, 2012 | by Zachary Shahan0
Top 10 Solar Panel Companies in 2011
Lux Research has just released a report on the most productive solar panel (or solar module) manufacturers in 2011. The Solar Supply Tracker report notes that the top 10 solar panel manufacturers produced 12.5 GW of solar panels in 2011, 44% of the global market sector.
Japanese and South Korean solar panel companies rose in ranks in 2011, Lux Research also notes, with the two countries moving forward with strong solar power policies about as fast as any other country. “Expect to see a major rise in market share from Japanese and Korean suppliers, while European module manufacturers struggle with financial woes and reduced government incentives for solar in Europe,” Fatima Toor, the Lux Research Analyst who led the Solar Supply Tracker, added.
And, of course, crystalline silicon solar panel prices dropped considerably in 2011, benefiting companies that focus on that solar technology. “Crystalline silicon module prices continue to be at a record low with Tier 1 manufacturers selling around $0.9/W while Tier 2 and Tier 3 manufacturers sold at even lower rates to burn through their inventories and survive the current market conditions.”
But, now, the part you’re probably eager to see — here are the top 10 solar panel producers of 2011:
And, if you’re interested, here are some more details on the Solar Supply Tracker and what Lux Research includes in this analysis:
Available only from Lux Research, the Solar Supply Tracker provides a customizable platform for tracking the capacity and production of five key value chain segments in photovoltaics: polysilicon, ingot, wafer, cell and module. The cell and module segments track crystalline silicon (x-Si), thin-film silicon (TF-Si), copper indium gallium selenide (CIGS), cadmium telluride (CdTe) and organic photovoltaic (OPV) companies, while the polysilicon, ingot and wafer value chain segments are specific to x-Si. Lux Research tracks over 400 companies globally across all value chain segments.
Source: Lux Research [PDF]