The current global total capacity of crystalline silicon solar cells has reached 423.5 GW, up 69.8% YoY, with total output of 223.9 GW, up 37%, according to solar industry body China Photovoltaic Industry Association (CPIA).
The amount was largely counted on the capacity expansion of the solar cell segment in last year, which has brought significant increase. Seen from capacity, Chinese enterprises are still the major forces contributing to the global productivity, and Asia once again, highlighted as the main production base with multiple leverages of upstream and downstream supply chain support, production factor cost, labor force, and local industrial policies etc., which further solidified the concentration.
Global solar cell company’s capacity ranking in 2021
In China, the total capacity of solar cells has reached 360.6 GW in 2021, accounting for 85.1% of the global capacity., with total output of about 197.9 GW, accounting for 88.4%. The top ten enterprises in China’s mainland accounted for 68.2% of the total capacity of the country. The leading enterprises have obvious advantages in large-scale production, with rapid increase in production capacity and continuous decline in comprehensive costs.
Chinese solar cell company’s capacity ranking in 2021