It’s well known that Chinese manufacturers dominate the world’s solar sector. From Trina to Yingli to Suntech, Jinko and JA, the country is home to five of the top ten manufacturers, as well as serving as a key base for several others.
That dominance is not evident everywhere – the likes of the US and Japan favour local options – but it well and truly is in Australia.
New figures from SolarBuzz show that over the past year, almost 50 per cent of modules shipped to the Australian PV market have been supplied by a small group of tier-1 Chinese manufacturers led by Trina Solar, followed by Renesola, Suntech, Canadian Solar and China Sunergy (Canadian Solar is Nasdaq listed and Canadian by birth, but runs the overwhelming majority of its manufacturing through China).
The graph below highlights the extent of strength of each of the main players and given that large outfits like JA Solar, Jinko Solar and Yingli Green Energy don’t figure, it’s a safe bet that much of the “others” is coming from China as well.
And with China manufacturing producing enough capacity to more than meet world demand, none of this should come as a surprise.