A look inside the monocrystalline boom on the solar market

Diamond wire saw with monocrystalline silicon ingot
Forecasts for the market share of monocrystalline technology in 2018 vary between 40% and 49% – Image: Meyer Burger Technology

pv magazine has published a background report on the surge of monocrystalline technology, driven by the two leading Chinese mono wafer manufacturers Longi and Zhonghuan Semiconductor.

Quoting independent analyst Corrine Lin, the report says that monocrystalline technology made up 28% of global wafer supply in 2017 whereas the share in China is estimated at 40%, which would be equivalent to approx. 21 GW of mono products. This amount can only in part be explained by China’s “Top Runner” program for installations with high-efficiency modules as its 2017 target was only 5.5 GW.

The forecasts for the global mono share in 2018 vary:

If the overall PV market does not grow strongly enough, a price war between mono and multicrystalline technologies is likely.

Get more information ...

Go back


Add a comment

Back to Polysilicon News