China Taiwan fab majority of PV, increasing still in 2011

Navigant released its Solar Services Program annual report, “Photovoltaic Manufacturer Shipments, Capacity & Competitive Analysis 2010/2011.” This year’s report includes a chapter on CSP and CPV. The findings show that manufacturers in China/Taiwan increased capacity by 125% in 2010 over 2009, with shipments growing by 154% and capacity utilization of 79%.

April 12, 2011 — Navigant (NYSE: NCI) released its Solar Services Program annual report, “Photovoltaic Manufacturer Shipments, Capacity & Competitive Analysis 2010/2011.” This detailed annual report provides analysis of photovoltaic (PV) industry shipments, capacity, average prices and revenues along with an analysis of the industry’s strong growth. In 2010, shipments to the first point of sale in the PV industry grew significantly, up 120% from 7.9GWp in 2009 to 17.4GWp.

Manufacturers in China/Taiwan increased capacity by 125% in 2010 over 2009, with shipments growing by 154% and capacity utilization of 79%. The manufacturers in this region had 53% of global capacity and 54% of shipments. If all expected expansions take place, capacity, now at 11.9GWp, is expected to increase by 50-70% in 2011 for manufacturers in China and Taiwan. Planned increases could conceivably give the region a 60% share of global capacity, ensuring significant pressure on margins and prices for manufacturers in other regions.

“The industry continues to face margin pressure from decreasing incentives along with anxiety over the potential cessation of the incentives that drive industry demand. Despite these stresses, PV manufacturers continue to drive down costs and increase efficiency while remaining committed to raising PV’s share of the energy market,” noted Paula Mints, a director at Navigant and principal analyst for its Solar Services Program. Mints is a frequent contributor to Photovoltaics World. Read some of her recent articles: What we really need in future feed-in tariffs and Solar PV’s zeitgeist: A plea for pugilism

The report covers industry metrics and trends with capacity, shipments and pricing analyzed in the aggregate, regionally, and by technology; analysis of 36 years of pricing data and trends; and forecasts of shipments by technology and technology revenues.

This year’s report includes a chapter on concentrating solar power (CSP) and concentrated photovoltaics (CPV) technology and an appendix providing an overview of available module products from technology manufacturers.

An examination of the demand side of the market for all solar technologies will be available in a separate report from Navigant, the Analysis of Worldwide Markets for Photovoltaic Products and Five-Year Application Forecast 2010/2011, anticipated in August 2011.

Navigant (NYSE: NCI) is a specialized global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Photovoltaic Manufacturer Shipments, Capacity & Competitive Analysis 2010/2011 can be purchased by visiting www.navigant.com/solarreport.

* The information contained in this press release concerning the report, “Photovoltaic Manufacturer Shipments, Capacity & Competitive Analysis 2010/2011” is a summary and reflects Navigant’s current expectations based on market data and trend analysis. Navigant’s market predictions and expectations are inherently uncertain and actual results may differ materially. Please refer to the full Navigant report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used by Navigant to create the report. Navigant undertakes no obligation to update any of the information contained in this press release or the report.

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