The Photovoltaic Manufacturer Shipments: Capacity, Price and Revenues report provides an analysis of quantitative shipment, capacity, and module price data for the supply side of the terrestrial photovoltaic industry. This report has been published annually since 1975. It focusses on the most recent two years of supply side activity also forecasting the next five years of crystalline and thin film shipments.
The manufacturer shipment section updates long-term country shipment history, crystalline and thin film shipments and market shares, cumulative manufacturing histories, and manufacturing capacities useful in management analysis of the industry. The subject of industry price behavior is covered in a separate chapter. The report also includes a chapter with analysis on the leading manufacturers in terms of shipments for 2016 and 2017.
Manufacturers covered in this report produce technology as cells, cells to modules, and thin film panels. Module assemblers that buy cells from technology manufacturers and assemble into modules are considered demand side participants and though shipments for this group are not analyzed in this report, the chapter on price will include a discussion about the pricing and buying behavior of this population. At the end of 2017 a cumulative 376.6-GWp of PV cells/modules had been shipped into the global market for photovoltaic deployment into all applications from consumer indoor (calculators and watches), to consumer power (battery charging primarily) as well as to residential and all commercial installations through to multi-gigawatt (utility scale). Not all of the shipped gigawatts are still producing electricity. In fact, it is highly unlikely that the MWs shipped prior to 1987 (117-MWp, an infinitesimal fragment of the 2017 cumulative total) remain functional.
1. Introduction. 8
1.1 Purpose and Scope. 8
Table 1.1 Overview of Photovoltaic Manufacturer Coverage (1) (2) 9
1.2 Methodology. 11
2. Executive Summary. 12
2.1 Industry Overview and Analysis. 13
Figure 2.1: PV Industry Growth 1977 through 2017. 14
Figure 2.2: PV Industry ASPs, Average Costs and Shipments 2007-2017. 17
2.2 Cell/Module Manufacturer Shipments. 18
Figure 2.3: PV Industry Metrics 2017. 19
Figure 2.4: PV Manufacturers shipping >3% of Total in 2017. 20
Table 2.1: Country Shipments 2012 to 2017(1) 21
2.2.1 Manufacturer Shipments by Country. 22
Table 2.2: Country Manufacturer Shipments* 2002-2017. 22
Figure 2.5: 2017 Global Supply & Global Demand. 24