Jinko takes the lead: nearly 100% of modules to be mono in 2020
The writing is on the wall: The world’s largest module supplier, JinkoSolar, expects its monocrystalline products “to account for close to 100% of solar module shipments in 2020.”
Initially, Bernreuter Research was skeptical about a rapid transition from multicrystalline to monocrystalline technology in the PV industry. But now it turns out the old law that multicrystalline solar cells keep abreast by incorporating innovations spearheaded by their monocrystalline counterparts is not valid anymore.
When the market leader fully bets on mono, this will not remain without repercussions in the rest of the industry.
The proponents of multicrystalline technology seem to have underestimated not only the technical progress in mono ingot pulling, but also the economic power of a duopoly: Longi and Zhonghuan Semiconductor will have a combined mono wafer capacity of 120 GW by the end of 2020.
The honor is due to Finlay Colville at PV Tech Research for having correctly forecast this development.