The five largest vertically integrated PV manufacturers have seen significant growth in net profit and revenue so far this year. Combined, these five companies shipped a total of 78.6 GW of modules in the first half of 2022, up 48% from the same period last year. Their shipments accounted for 60% to 70% of the market, suggesting increasing consolidation. With first-half financial results filed, InfoLink’s Richard Chen digs into the numbers.
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