NPD Solarbuzz: Top-20 solar PV suppliers capture 70% share in 1st Q 2013

NPD Solarbuzz reports the top 20 solar photovoltaic (PV) module suppliers accounted for almost 70% of global PV shipments in Q1’13. “The continued consolidation of solar PV manufacturers is creating opportunities for the leading tier 1 module suppliers,” explained Ray Lian, Senior Analyst at NPD Solarbuzz. “The market share of the top 20 module suppliers increased significantly in Q1’13 to 70%, up from 58% in Q1’12.” Other latest analysis reported by NPD Solarbuzz: As the solar PV industry continues to show increasing globalization of end-market demand, tier 1 solar PV module suppliers are implementing aggressive overseas marketing strategies to increase market share. This is most evident among the top 10 Chinese tier 1 PV module suppliers such as Yingli Green Energy, Trina Solar, Canadian Solar, Jinko Solar, and Renesola. Chinese solar PV module suppliers continue to dominate the global supply landscape, with 41% of module shipments coming from the top 10 tier 1 Chinese suppliers over the past four quarters. Emerging Chinese tier 1 suppliers that had previously been focused on PV cell manufacturing, such as JA Solar and Hareon Solar, also gained market share as they increased solar PV module shipments. “The top 10 Chinese suppliers have been less successful in countries where there is strong competition from domestic module suppliers or attractive solar PV polic...