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List of Top Global Solar Cell Suppliers – A Disappearing Breed

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Crystalline Solar Cell Suppliers are fast disappearing due to the changing dynamics of the global c-Si Solar Panel Industry.With vertical integration becoming imperative as margins and prices get squeezed,independent solar cell suppliers are having a tough time.Increasing raw material costs in terms of higher polysilicon and solar wafer prices and competition from numerous players has decreased the number of pure play solar cell suppliers.However a few of the top solar cell producers continue to grow and flourish though they are also entering into other segment of the PV solar supply chain.Most of the independent solar cell suppliers are from Taiwan and some from China.European solar cell producers have mostly disappeared due to the high cost base of the European factories.Note this list is mostly composed of solar cell producers who don’t have big module making operations.You can find a list of the top solar energy companies most of which make solar cells as well.List of Top  Global Crystalline Solar Cell Suppliers – A Disappearing Breed

1) JA Solar – This Chinese company is not only the biggest solar cell producer in the world but is also the lowest cost one as well.The company has grown much faster than the industry due to its low costs and good quality.The company is looking to ship more than 2 GW of Solar Panels and Cells in 2011 with  50% growth.The company has small wafer and module facilities as well but continues to be primarily a solar cell producer

2) Gintech – This Taiwanese company has become the biggest solar cell producer in the country overtaking Motech.The company continues to expand aggressively as it uses its high quality to win more contracts from Japanese and European customers.

3) Motech – The company which used to be a pure play cell producer has expanded into polysilicon,modules and wafers.It is one of the oldest solar cell companies in Taiwan and faced tough times in 2008 post the GFC.TSMC owns a stake in this company.

4) Neo Solar – This is one of the fastest growing companies in Taiwan and has focused on solar cells.It has managed to grow revenues and shipments despite tough competition from domestic as well as international competition.

5) Q-Cells – The largest solar producer of cells in 2008 faced a horrendous 2009 running losses of as high as Euro 1 billion.After restructuring it has moved its factories to Malaysia and has diversified into solar modules and systems.The German company has seen its stock price drop more than 95% from the peak levels.It is using Flextronics as an outsourced module producer for its cells.

6) Del Solar – This company is another Taiwanese one with big operations in solar cells like the others.The company is also a new one like Neo Solar and has given strong competition to others like Motech.

7) China SunEnergy – This is a small Chinese Company which primarily engages in solar cell production.However industry cost pressures have made it get into module production as well.It bought 2 small Chinese panel companies in order to survive the onslaught.It has drastically reduced costs in the last one year to become competitive.

8) E-Ton – This Taiwanese Solar Cell Producer used to be one of the biggest pre 2008,however currently it faces huge headwinds.The company faces financial problems from a US acquisition that went wrong.It was on the verge of selling itself to Foxconn but the deal did not went through.

Note other Solar Cell Producers who sell Modules are Suntech,Trina Solar,Yingli,Sharp are big producers of solar cells as well.Thin Film Technology does not require the intermediate step of solar cell production so there are not thin film cell companies.


Abhishek Shah

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