The keys to mono growth
Mono-Si: The sluggish growth of the mono-Si market this year is notable given the fact that many cell manufacturers had switched from multi-Si to mono-Si production in H2 2014. Statistical research conducted by EnergyTrend for the 2015 PV market finds that even though global demand has reached 53 GW, total mono-Si cell shipments worldwide may be lower than 10 GW. Cost is the deciding factor as is whether or not the mono-Si market can achieve higher growth in the future.
According to EnergyTrend’s annual mono-Si cell shipment forecast for 2015, Taiwan as the leading producing country may surpass 2 GW. Major Chinese cell manufacturers including JA Solar, Suntech, and DMEGC will push their country’s mono-Si cell shipments to 2 GW. Other regional markets – the U.S., Europe, South Korea and Japan – will ship around …
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