Photovoltaic industry recovery in various parts of the industry chain is different. Currently, integrating vertical PV manufacturers is a major beneficiary. The second-quarter data for the four largest PV companies (Yingli, Sharp, Trina Solar, and Renewer) with the largest shipments showed the W2 quarters of all four companies increased over the previous year. In addition to Sharp, the other three companies quarterly chain also has some improvement.
The reader noticed: I did not report in the report of the first solar energy, because most of its business is power station development. As a result, revenue for each quarter of the company has changed dramatically.
The breakdown of photovoltaic recovery signs of the industrial chain and manufacturer articles
Yingli and Trina Solar are still losing money, but the corresponding losses dropped to -3.8% and -5.4% respectively. The most important thing is the price of c-Si PV modules. The price of China's c-Si PV modules dropped to a low of $ 0.53 / watt in January and December 2013, but rebounded to 0.56 euro / watt in June and July this year.
Increasing shipments help manufacturers increase profits, which translates to higher capacity utilization, and some shipments have even exceeded capacity utilization.
battery
With the shift to vertical production, many PV manufacturers produce their own battery cell silicon wafers to produce PV modules. As the only major solar cell manufacturer in China, JA Solar's performance has improved in recent quarters, but this is due to the increase in sales of PV modules. The company, like Yingli and Trina Solar, is not Yingli, but its Q2 loss has dropped to -2.1%.
Taiwan's PV manufacturers seem to be even better, as Chinese manufacturers export duty-free solar cell components from Taiwan to the U.S. market.
Large wafer makers continue to suffer from low prices. LDK, the largest supplier of silicon wafers, continues to suffer serious losses. Analysis that the only way to avoid bankruptcy is to seek bank loan support.
Other manufacturers have been out of polysilicon business in recent years, including REC and ASA. Both companies sold polysilicon production lines in Norway in 2011 and 2012 and moved to vertical integration in Singapore.
Polysilicon prices continued to slump
Polysilicon manufacturers are still subject to low price intrusions, many industry leaders WackerChemie, Hemlock, REC have maintained a high level of profitability.
Polysilicon prices in the first half of this year there has been a mild rebound. However, the main market demand is in China. China's high tariffs on U.S. companies Hemlock and REC have put the two companies at a disadvantage in the market. And taking into account the excess capacity of polycrystalline market. China polysilicon prices rose sharply in 2013 is unlikely.
It needs to be pointed out that China has been struggling to compete with Western-made polysilicon in the past. However, LDK, Daqo and ReneSola have all recently completed their hydrochlorination reaction upgrade.
Because OCI companies have low tariff rates because of the good location of the company, they can benefit from these markets. And the company's overall profit increased in Q2 2013 after two consecutive years of decline.
Photovoltaic manufacturing equipment
The field of manufacturing equipment is still very sluggish. Industry data for the second quarter has not been released yet, but orders for children are less than cost for eight consecutive months. The order amount dropped to 174 million U.S. dollars.
MeyerBurger orders have increased. AppliedMaterial's PV equipment revenue remains at a very low level. The company's order delivery ratio is still low. Centrotherm data is still not released in the second quarter, but there are reports that the company canceled a $ 380 million contract with Algerian companies.
The days of polysilicon device makers seem to be better off, especially for those companies that sell in the Asian market because of the need for technology updates in Asia. The escalation of hydrochlorination by Chinese PV manufacturers has brought GT AdvancedTec's revenue recovery.
IHS said that PV investment in 2014 will increase 30% in 2014, while Bloomberg analysts agree. However, Solarbuzz argues that tier one manufacturers will not increase capacity but will utilize the capacity utilization of smaller competitors. This is a reference from the semiconductor industry strategy.