2015 on the development and problems of photovoltaic industry in the first half of the year

　　In the first half of 2015, polysilicon production was about 74000 tons, an increase of 15.6%; the output of the component is about 19.6GW, an increase of 26.4%. The output of silicon wafer and cell sheet was 4500000000 and 18.2GW respectively.

　　In the first half of 2015, the new installed capacity of PV is about 7~8GW, an increase of nearly 30%, of which the ground power station is about 6.5GW.

　　PV companies profitability is significantly improved, the majority of enterprises turn around.

　　Industry chain as a whole to improve

　　PV investment enthusiasm from the early years of manufacturing processes to photovoltaic applications link transfer, a lot of traditional industry companies also cut into the field.

　　Polycrystalline silicon

　　16 companies in the first half of 172000 tons. Output is rapidly improving, but still need to import a lot of. Total imports are still increasing, but the proportion of the decline. Product prices fell, the majority of enterprises are still in the break even point. Cost has reached the world's leading level. Solar grade products import substitution ability is increasingly enhanced, electronic grade silicon material is also accelerating the breakthrough.

　　Silicon wafer

　　Production of about 4500000000 in the first half. In the silicon wafer industry concentration is high, the single crystal rod gradually shifted to the northwest, and the industry concentration degree is constantly improving. Single crystal unit energy consumption fell to 40kWh/kg below, the number of crystal dropped to nearly 8kWh/kg. Wafer exports amounted to 12 billion dollars, the polysilicon film exports mainly concentrated in GCL, LDK solar, Yu Jun, such as several enterprises, monocrystalline exports mainly concentrated in Longji, central, comtec.

　　Battery slice

　　In the first half of the yield of about 18.2GW, more than the mainstream is still. High efficiency battery technology or expansion in the acceleration, the global layout of the battery production line trend is obvious. In the first half of the export volume of nearly $400000000, the main export region for South Korea, India, Japan, etc..

　　Component

　　In the first half of the output is about 19.6GW, crystalline silicon cell is still the mainstream. Differentiation trend of capacity utilization is obvious, the big enterprise profitability has improved significantly, small and medium enterprises are still in the vicinity of the profit and loss line. The first half of the export volume reached 6100000000 U. S. dollars, Japan, the United States is still the main export region, but emerging markets such as Honduras, Chile and other scale is also rapidly expanding.

　　Installed capacity

　　In the first half of China's new installed capacity reached 7~8GW, the cumulative installed capacity to reach 35GW. PV investment enthusiasm from the early years of manufacturing processes to the application of photovoltaic applications, in addition to financial institutions, many of the traditional industry companies also cut into the field of photovoltaic investment. PV applications are diversified, such as photovoltaic and poverty alleviation, agriculture, environment, climate and so on.

　　Five aspects of the characteristics of Industrial Development

　　The average net profit margin of 29 component companies grew by 6.5 percentage points, although the profitability has improved, but still weak.

　　Manufacturing profitability is still weak

　　Through the first half of 2015, the first half of and the first half of 2014 the total sales revenue, net profit analysis, the first half of 2015 the total sales of enterprises and net profit grew 8.9% and 9.7%. Average net profit margin of 29 component companies grew 6.5 percentage points in the first half of 2014, although the profitability has improved, but still weak.

　　Enterprises go out to accelerate the pace

　　Europe and the United States "double reverse" to speed up the pace of Chinese PV companies. As of the first half of 2015, according to incomplete statistics, China has built and put into operation overseas battery and component production capacity of 1.5GW and 800MW, respectively, in the construction and expansion of 3.2GW and 3GW. At the same time, China's major PV companies are actively expanding domestic component capacity. According to EnergyTrend statistics, in 2015 a number of Chinese companies have announced plans to expand production capacity, which will increase the capacity of the 4.2GW component, which will increase the overseas component of 1GW.

　　Capacity utilization differentiation

　　Downstream developers in the purchase, the small components of the company's long-term survival and to honor its quality of the components of the general skeptical, turn favor of large enterprises. In order to meet the 2014 demand for orders, large enterprises are mostly through the improvement of existing equipment to improve existing equipment, or to find ways to increase the third party shipments. With the expansion of the company's own production capacity, this third party OEM will be difficult to continue the large-scale existence of some small and medium enterprises will be due to the lack of order and technical level and gradually lose market competitiveness.

　　In the first half of 2015, the average capacity utilization rate of the 40 component companies has been reported in the first half of 2014, the average capacity utilization rate of the components was 77.7%.