SPV Market Research

Solar PV Market Research, All Solar All the Time

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Annual Manufacturer Shipment and Global Analysis Reports available

​​For Sales information contact Paula Mints at 408-221-1564 or pmints@spvmarketresearch.com

·          Cumulative shipments from 1975 through 2020 reached 722.8-GWp

·          Cell and module revenues to the first buyer decreased by 7% from $44.5-billion to $41.2-billion in 2020

·          In 2020, shipments of cells and modules to the first buyer grew by 7% from 123.5-GWp in 2019 to 131.7-GWp in 2020 with installations at 129-GWp

·           Average module prices decreased by 8% from $0.36/Wp in 2019 to $0.33/Wp in 2020, with a range of $0.19/Wp for standard multicrystalline to $0.51/Wp for n-type crystalline modules

·          Commercial crystalline and thin-film cell manufacturing capacity grew by 33% from 153.1-GWp in 2019 to 203.7-GWp in 2020

·          N-type commercial monocrystalline capacity grew by 166% from 11.5-GWp in 2019 to 30.7-GWp in 2020

·          In 2020 there was >40-GWp of merchant cell capacity in China

·          Module assembly capacity increased by 34% in 2020 to 248.6-GWp from 185-GWp in 2019.

·          Monocrystalline technology had a 88% share of global shipments in 2020 a 26-percentage point increase over the previous year

·          Mono P-type PERC had a 75% share of global shipments in 2020