EnergyTrend forecasts strong growth for global PERC capacity

Source: SolarWorld Americas Inc. License: All Rights Reserved.

January 19 (SeeNews) - The global PERC (passivated emitter rear cell) cell production capacity will grow to 25 GW this year and continue its expansion through 2020, according to EnergyTrend, a research division of TrendForce.

The price of monocrystalline silicon (mono-Si) PERC cells is higher than that for conventional mono-Si cells. With a difference of USD 0.05 (EUR 0.047) per watt or greater, on average, cell makers would choose to produce the former, EnergyTrend says. The table shows the research company’s projections for the share of PERC and non-PERC capacity in global solar cell production.

(capacity in GW) PERC non-PERC
2016 15 84
2017 25 92
2018 36 91
2019 47 86
2020 61 77

This year, EnergyTrend expects cell prices to keep declining due to the oversupply caused by the expansion of total production capacity. PERC cells, which have a higher conversion efficiency, will offer higher margins relative to conventional cells.

“Demand will be strong during this year’s first half and then cool down rapidly in second half, resulting in a very unbalanced market cycle,” said EnergyTrend analyst Kenny Ko.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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