China December Solar cell Output and Forecast for January

Published: Jan 11, 2024 11:23

Source: SMM

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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.

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