5% Jinko Solar
5% First Solar
5% Canadian Solar
7% JA Solar
PV Manufacturers Shipping ≥3% of Total in 2015
2015 Shipments 50.8-GWp
Invenergy Wind in April announced
that it had closed on the acquisition and financing of Campo Palomas Wind Farm, which currently
is under construction in the Salto
Department of Uruguay.
The company purchased the
wind farm from a Uruguayan subsidiary of Abengoa while Teyma
Uruguay, also an Abengoa affiliate,
will continue to perform project balance of plant work. Project financing was provided by the Inter-American Investment Corporation, and
DNB acted as the Mandated Lead
Arranger and B-Loan Participant.
“With power generation at
approximately 90 percent renewables, Uruguay is a global leader in
renewables, and this is a market
that we are excited to enter,” said
Matthew Olive, Invenergy’s Vice
President of Development and Origination for the Americas.
The facility will have the capacity
to generate 70 MW of power from 35
Vestas V110– 2.0 MW wind turbines
when commercial operation commences in February 2017. The state-owned utility Usinas & Trasmis-iones Electricas (UTE) will be the
offtaker/lessor for the full capacity
of the wind farm under a long-term
lease agreement. ￮
Chinese Solar Manufacturers
Dominate Market in 2015
According to the latest PV Manufacturer Capacity, Shipments, Price
and Revenue Report from SPV market research, in 2015 Chinese
solar module manufactures added manufacturing capacity in
other regions of the world, indicating strong growth for the PV
sector overall. “At the end of 2015 a cumulative 215-GWp of PV
cells/modules had been shipped into the market and the global PV industry looks to be well on its way to a cumulative 1-TWp
in shipments by 2023,” said Paula Mints author of the report.
Chinese manufacturers accounted for 48 percent of those shipments, dominating the global market.
The top ten PV manufacturers in 2015 were Trina, JA Solar,
Hanwha Q-Cells, Canadian Solar, First Solar, Jinko Solar, Yingli,
Motech, NeoSolar, and Shungfeng-Suntech. Shungfeng-Suntech
owns a controlling interest in US-based Suniva so Suniva’s shipments are included in the Shungfeng-Suntech total. The report
shows that in 2015, PV manufacturer cell/module revenues
increased by 23 percent to $32.1-billion from $26.1-billion.
The chart presents manufacturers with a minimum 3 percent share of 2015 shipment volume, a significant feat with
current industry gigawatt volume shipments.￮
[Editors note: For the most in-depth analysis of the global solar market
from a supply side perspective, purchase Mints’ full report at this link.]