Independent agency analysis: Trina Solar second for global module shipments in 2021
PR94283
CHANGZHOU, China, Jan. 27, 2022 /PRNewswire=KYODO JBN/ --
PV InfoLink, a global authoritative photovoltaic analysis agency, issued the
global module shipment ranking for 2021 on Jan. 21, and Trina Solar ranks
second. That is in line with a forecast made by the PV industry information
provider PVTech a week earlier, ranking Trina Solar as second among 10 global
module suppliers last year.
The latest ranking is based on PV InfoLink's supply and demand database. In
terms of module size, PV InfoLink estimates that the shipments of large modules
by the top 10 manufacturers (excluding First Solar) are about 60GW or more,
accounting for about 40% among total shipments by the top 10 in 2021, in which
shipments in the second half of the year were double those of the first half of
the year. Large modules have become by far the most popular.
The global PV industry grew by leaps and bounds last year, PV-Tech said, with
both overall capacity and shipments exceeding 190GW. The numbers were
consistent with a forecast for 2021 that PV-Tech made at the end of 2020. The
shipments section of the rankings forecast was based mainly on the continuous
tracking for each module maker's annual production capacity and shipments.
Ranking of module suppliers' shipments in 2021:
https://static.trinasolar.com/sites/default/files/20220124152946.png
According to publicly available data, Trina Solar's total planned module
capacity last year reached 50GW, of which 210mm silicon wafer-based modules
accounted for more than 70%. Trina Solar shipped more than 16GW of 210mm
modules, ranking first among all makers of large modules. Cumulative shipments
of 210mm modules worldwide exceeded 25GW.
Ultra high-power modules have been deployed in solar projects worldwide,
including in many GW- and 100 MW-grade projects. At the same time, there is
growing demand in the global PV market for 210mm modules, and this is expected
to drive further increases in the capacity and shipments of the high-power
modules.
Large modules began to predominate in 2021, with 210mm modules firmly taking
the lead. According to the latest report from the market intelligence provider
TrendForce, the capacity of large-size modules is expected to reach 349.9GW
this year, commanding a combined market share of 74.6%. The capacity of 210mm
modules alone is expected to reach 206.8GW, accounting for 44.1%.
SOURCE Trina Solar Co., Ltd
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