Record Solar PV Shipment Levels in Q2’2013

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The latest NPD Solarbuzz Module Tracker Quarterly has been released and shows that quarterly solar photovoltaic (PV) module shipments for the second quarter of 2013 exceeded 5.8 GW, a 21% growth over second quarter-2012 levels.

The figures released in the latest report represent the shipping levels for the leading 20 PV manufacturers around the world, and will finalised over the coming weeks.

It is expected that many Chinese tier-one manufacturers broke their quarterly module shipment records this most recent quarter, including companies Yingli Green Energy, Trina Solar, Jinko Solar, Renesola, and Hanwha SolarOne.

Furthermore, it is believed that Yingli Green Energy have reached 0.8 GW of shipments in the second quarter, a figure which would represent a new world record for any one single PV provider.

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“Yingli Green Energy has been strongly focused on market share gains over the past four quarters,” said Ray Lian, senior analyst at NPD Solarbuzz. “The company is rapidly approaching 10% global market share, and has now become the clear leader in megawatt shipments. The leading solar PV suppliers are now starting to pull away from the pack, which provides strong evidence that the anticipated industry consolidation is finally in progress.”

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Image Credit: NPD Solarbuzz Module Tracker Quarterly

Another aspect of the Module Tracker Quarterly report which is likely to be of interest is the movements of those companies who did not seek market share through shipments. NPD Solarbuzz have noted that some companies are “prioritising profitability over market share”, refocusing their attention on “downstream project expansions” and gaining market share in specific “premium-price regions.”

The previous Module Tracker Quarterly, released in the wake of Q1’2013, reported figures describing 70% of global PV shipments being provided by the leading 20 solar PV module providers.

“The continued consolidation of solar PV manufacturers is creating opportunities for the leading tier 1 module suppliers,” explained Ray Lian. “The market share of the top 20 module suppliers increased significantly in Q1’13 to 70%, up from 58% in Q1’12.”


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Joshua S Hill

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