{"id":17687,"date":"2023-04-13T14:15:00","date_gmt":"2023-04-13T14:15:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4066738_AE66738_0"},"modified":"2023-04-13T14:15:00","modified_gmt":"2023-04-13T14:15:00","slug":"trina-solar-featured-in-independent-agency-report-cumulative-shipments-of-210mm-modules-top-120gw-capacity-for-large-format-products-accounts-for-over-90","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=17687","title":{"rendered":"Trina Solar featured in independent agency report: Cumulative shipments of 210mm modules top 120GW, capacity for large-format products accounts for over 90%"},"content":{"rendered":"

CHANGZHOU, China<\/span>, April 13, 2023<\/span> \/PRNewswire\/ — According to TrendForce, the independent new energy research agency, cumulative shipments of 210mm modules have exceeded 120GW<\/b>, and the power of 210mm n-type modules has passed 700W.<\/b> TrendForce estimates in its recent report that in 2023, large-format wafers, cells and modules will account for more than 90% of the total production capacity, and demand for large-format products will demonstrate a strong growth.<\/p>\n

Production capacity will exceed 90%, with 210mm modules accounting for nearly 60% of total production capacity <\/b><\/p>\n

In terms of wafers, TrendForce expects a faster increase in demand for large-format wafers in 2023, with its market share increasing rapidly from 83.45% in 2022 to 95.74%. In 2023, the production capacity for large-format wafers will hit 792.4GW<\/b>, showing a stronger tendency toward larger formats, while 210mm wafer production capacity will hit 320.8GW, increasing by 74.6%, with a market share of 38.76%.<\/b><\/p>\n

\n

\"Figure:<\/a>
Figure: Capacity ratio for wafers of different sizes between 2022 and 2026 (Unit: %)<\/span><\/p>\n<\/p><\/div>\n

In terms of cells, the capacity for large-format cells will reach 822.3GW in 2023, accounting for 94.99% of total capacity. 210mm cell capacity will reach 587.75GW, an increase of 83.7% from 2022, with a market share of 67.9%.<\/b><\/p>\n

\n

\"Figure:<\/a>
Figure: Capacity ratio of large-format cells (Unit: %)<\/span><\/p>\n<\/p><\/div>\n

On the module front, TrendForce anticipates a significant increase in production capacity for large-format modules in 2023, reaching 767 GW with a market share of around 90%.<\/b> Among them, 210mm module capacity will reach 508GW, a 68.14% increase from 2022, with a market share of 59.62%, <\/b>indicating continued strong growth.<\/p>\n

\n

\"Figure:<\/a>
Figure: Market share of modules (Unit: %)<\/span><\/p>\n<\/p><\/div>\n

Bidding trends: High power modules dominate, with large-format modules accounting for 89.21%<\/b><\/p>\n

In terms of bidding trends, projects clearly favor large-format modules. According to TrendForce, high power modules are in demand among the nearly 129GW centralized procurement of PV modules announced by COEs and SOEs in 2022, with large-format modules dominating. Over 115GW of the bidding projects specifically require 182\/210mm modules, accounting for 89.21%, indicating an increasing demand for large-format  modules<\/b>, which is a key component of the industry chain for reducing costs and increasing efficiency.<\/p>\n

The shipments of the first-tier module manufacturers in 2022 all exceeded 40GW, and the cumulative shipments of 210mm modules exceeded 120GW<\/b><\/p>\n

According to TrendForce, the top six module manufacturers’ shipments in 2022 were around 205-211GW, accounting for 76-78% of the annual module demand of 270GW. Among them, LONGi, Trina Solar<\/span> and JinkoSolar all shipped more than 40GW.<\/b> In 2022, shipments of large-format modules grew at a faster rate, accounting for more than 80% of total shipments. As of the first quarter of 2023, the cumulative shipments of 210mm modules had exceeded 120GW.<\/b> Shipments of large-format modules will continue to rise as market demand and production capacity expand.<\/p>\n

\n

\"Figure:<\/a>
Figure: Shipments of leading module manufacturers (Unit: GW)<\/span><\/p>\n<\/p><\/div>\n

Technology development: the combination of 210mm and n-type technology supports module power output to exceed 700W<\/b><\/p>\n

The combination of large-format and n-type technology has become an inevitable trend. The power of 182mm n-type modules increases from 500W+ to 600W+, while the power of 210mm n-type modules exceeds 700W.<\/p>\n

With the large-format products develop rapidly and advanced technologies such as n-type mature, 210mm products have already become the mainstream in the PV industry and will continue to dominate the market.<\/p>\n","protected":false},"excerpt":{"rendered":"

CHANGZHOU, China, April 13, 2023 \/PRNewswire\/ — According to TrendForce, the independent new energy research agency, cumulative shipments of 210mm modules have exceeded 120GW, and the power of 210mm n-type modules has passed 700W. TrendForce estimates in its recent report that in 2023, large-format wafers, cells and modules will account for more than 90% of […]<\/p>\n","protected":false},"author":8,"featured_media":17688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-17687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\nTrina Solar featured in independent agency report: Cumulative shipments of 210mm modules top 120GW, capacity for large-format products accounts for over 90% - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=17687\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trina Solar featured in independent agency report: Cumulative shipments of 210mm modules top 120GW, capacity for large-format products accounts for over 90% - My Blog\" \/>\n<meta property=\"og:description\" content=\"CHANGZHOU, China, April 13, 2023 \/PRNewswire\/ — According to TrendForce, the independent new energy research agency, cumulative shipments of 210mm modules have exceeded 120GW, and the power of 210mm n-type modules has passed 700W. 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