China December Solar cell Output and Forecast for January

Published: Jan 11, 2024 11:23

Source: SMM

Save

The actual solar cell output in December was 61.1GW, including 31.87GW of P-type cells, down 14.45% MoM, and 30.23GW of N-type cells, up 20.01% MoM.

The actual solar cell output in December was 61.1GW, including 31.87GW of P-type cells, down 14.45% MoM, and 30.23GW of N-type cells, up 20.01% MoM. Many cell makers chose to cut production or even suspended production of PERC cells, while N-type cell production kept hiking, lifting its proportion of total output to 48.68%, significantly exceeding expectations. PERC demand will drop in January. Meanwhile, with steep capacity rise, Topcon cell supply will outnumber demand. The proportion of scheduled N-type cell may hike to over 60% of the total output in January 2024.

Output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Spot Market and Domestic Inventory Brief Review (February 12, 2026) [SMM Silver Market Weekly Review]

2 hours ago

Silver Market Price Review and Expectations Brief Commentary (February 12, 2026) [SMM Silver Market Weekly Review]

2 hours ago

5 hours ago

[SMM PV News] GREW Solar Secures ALMM Approval for 3 GW G12R TOPCon Capacity

GREW Solar has received approval under India’s Approved List of Models and Manufacturers (ALMM) for 3 GW of manufacturing capacity at its Dudu, Rajasthan facility. The approval covers its G12R bifacial n-type TOPCon modules, which feature efficiencies up to 23.14% and power output ratings of up to 635 W. Inclusion in the ALMM allows these modules to be deployed in government-mandated and open-access projects. The company claims the high-power G12R series can reduce module count by 6-8% per MW, lowering balance-of-system (BOS) costs like cabling and land. GREW plans to expand its total module capacity to 11 GW by late 2026 and is establishing an 8 GW cell facility in Madhya Pradesh.

5 hours ago