Hard copy price：USD 1800
PDF copy price：USD 1800
Both(hard+PDF)
Pages：188
Tables and figures：217
words：46,160
Published date：Sep 11,2007
Publisher：QY Research Solar Energy Research Center
Contact：Mr. Zhang Dong 86+13811796901 hengzhouguoji@
According 《2007 deep research report on China solar cell industry》 data，2006 China
Solar Cell Shipment was 400.9 MW，Increased 237.74% than 118.7MW in 2005，and
hopefully reach 1021.5 MW in 2007，increase 154.8% than 2006.
About the revenue: 2006 China
Solar Cell revenue was 1251.4 Million USD，Increased 264.5% than 343.3 Million USD in 2005，and hopefully reach 3188.6 Million USD in 2007，increase 154.8% than 2006.
About selling price: 2006 China solar cell selling price is 3.12USD/W increase 8% than
2.89USD/W in 2005; while 2007 keep the same as 2006. the price will slowly dropping since
2008.
About utilization:
41.61% in 2007, 76.99 in 2012; the low utilization during 2005 and 2006 mainly because the
following two reasons: first, the expansion of solar cell manufacture capacity is too fast; second,
the shortage of solar cell raw material(wafer or polysilicon)
About the net income margin: compare almost all the company owned good income in 2006;
2007H1 situation is not good, some companies lost, some company got low net income
Margin, these situation mainly because slow increasing demand of downstream and serious
Competitive of solar cell industry in China.
About the solar cell equipment: more and more China local equipment manufacturers owned solar
Cell orders from cell companies, but key equipment such as diffuse PECVD 6. Firing
Screen-Printing etc mainly from oversea equipment suppliers. Import equipment value is almost
twice as local equipment purchase value. But as the local equipment grow better in the coming
days, more and more clients will select local equipment as their low price and easy do after sale
service.
About raw material: shortage of wafer and polysilicon is the important reason cute the low
Utilization, what is more this also cute the whole net income margin go down, anyone who own
good raw material supplement(such as Hebei JA Solar) can make excellent net income while
others will face serious pressure if raw material supply is bad.
About downstream demand: more than 50% companies are produce cell and module, almost all
their cell will use for their own module, not sales to others directly. Some cell only manufacturers
are also sell their products to local clients directly, according QY Research data, there are
only 3% of China solar cell sell to the oversea clients directly in 2006 and 2007. though module
capacity is bigger than cell capacity, but some module product line mainly OEM for some
Japanese solar cell companies(such as Sharp solar and Kyocera solar), except these OEM
Manufacturers, solar cell and solar module keep a good relationship and develop with the same
step. So cell demand from module keep a good balance.
In a word, solar cell capacity shipment revenue all keep a high speed increase, their average
increase rate more than 40%, higher than that of global market, though their selling price and net
income margin are going down, but to the large scale manufacturer or good raw material
supplement companies, their orders are good. as market demand increase going down, some
companies go into lost and low net income margin, some of them maybe bought or combination.
But the key situation of solar cell industry is capacity expansion and looking for low cost material.
Solar energy as a renewable energy and lots of downstream product applications (such as solar
lamps) it will keep good demand no matter today or in the future, what is more, solar energy
business will enter a very good future as it is one of the best renewable energy instead of
traditional energy.
《2007 deep research report on China solar cell industry》is a report mainly introduce China solar cell industry chain，the report included solar cell upstream industry contents as：wafer or polysilicon raw material sources，Furance（
Table of Contents
1. Introduction 1
1.1 Purpose and Scope 1
1.2 Methodology 1
2. Solar Cell Industry Executive Summary 4
2.1 2006 and 2007 Solar Cell Industry Overview 4
2.2 Solar Cell Manufacturer Shipments 6
2.2.1 Regional Shipments 6
2.2.2 Shipments by Manufacturers 8
2.2.3 Shipments by Technology (silicon Cell or amorphous silicon cell) 12
2.3 Revenues 15
2.4 Average Solar Cell Price(ASP) 16
2.5 Manufacturing Capacity 17
3. Shipments and Revenues,2005-
3.1 Shipments and Revenues by Region 17
3.2 Shipments and Revenues by Manufacturer 19
3.3 Shipments and Revenues by Technology 23
3.4 Shipments and Revenues by Worldwide and China 24
3.5 Market Outlook,2007-
4. Manufacturing Capacity and Utilization, 2005-2007 25
4.1 China Total Solar Cell Capacity and Utilization 25
4.2 Capacity and Utilization by Technology 26
4.3 Capacity and Utilization of TOP10 Manufacturer 27
5. Solar Cell Sales and Profit Margin 28
5.1 Solar Cell Sales 28
5.2 Eight Public Manufacturers Research 29
5.3 Profit Margin of Key Solar Cell Manufacturers 30
5.4 Analysis of Demand and Supply and Industry Trends, 2007-2012 31
6. Equipments and Raw Materials 32
6.1 Equipments(Diffuse PECVD Firing Screen-Printing)
6.2 Raw Materials(Wafer Polysilicon)
7. Solar Cell Key Manufacturers 36
7.1 Wuxi Suntech(STP)
7.1.1 Basic Information(
7.1.2 Shipment and Revenue of Solar Cell 38
7.1.3 Equipments and Capacity 41
7.1.4 Raw Materials Supply 42
7.1.5 Downstream Clients Relationship 43
7.2 Baoding Yingli Solar (YGE) 44
7.2.1 Basic Information(
7.2.2 Shipment and Revenue of Solar Cell 45
7.2.3 Equipments and Capacity 47
7.2.4 Raw Materials Supply 54
7.2.5 Downstream Clients Relationship 61
7.3 JA Solar(JASO) 62
7.3.1 Basic Information(
7.3.2 Shipment and Revenue of Solar Cell 63
7.3.3 Equipments and Capacity 65
7.3.4 Raw Materials Supply 67
7.3.5 Downstream Clients Relationship 70
7.4 China Sunergy (CSUN) 73
7.4.1 Basic Information(
7.4.2 Shipment and Revenue of Solar Cell 75
7.4.3 Equipments and Capacity 78
7.4.4 Raw Materials Supply 80
7.4.5 Downstream Clients Relationship 81
7.5 Jiangsu Solarfun (SOLF) 83
7.5.1 Basic Information(
7.5.2 Shipment and Revenue of Solar Cell 84
7.5.3 Equipments and Capacity 86
7.5.4 Raw Materials Supply 87
7.5.5 Downstream Clients Relationship 90
7.6 Shanghai Topsolar 92
7.6.1 Basic Information(
7.6.2 Shipment and Revenue of Solar Cell 94
for more information:
