Leading enterprise of new energy storage silicon wafer

Which companies shipped the most silicon wafers in 2022?

Meanwhile, silicon wafer companies showed strong performance in 2022. LONGi and TCL Zhonghuan followed Tongwei with 85.06GW and 68GW of silicon wafer shipments in 2022, ranking second and third in the list, while Wuxi Shangji Auto and Gokin Solar also shipped more than 20GW of wafers in 2022.

Where are silicon wafers made?

The other two newly emerged stars also achieved record-high growth with prominent profits despite comparatively lower volumes. Currently, most of the world’s silicon wafer production capacity is located in China, where all of the top 10 manufacturers are based.

What are the business models for PV Silicon wafer enterprises?

There are mainly two types of business models for PV silicon wafer enterprises: the “vertically integrated” model adopted by LONGi Green Energy, TCL Zhonghuan, JinkoSolar and JA Technology, while Shangji Automation, Shuangliang Eco-energy, Jiangsu Meike and JingYuntong adopt the “independent and specialised” model.

Why are solar wafer manufacturers increasing production capacity in China?

Most solar wafer manufacturers are upping their production capacity in China to cater for growing demand for larger wafer sizes. Image: GCL

Are solar wafers becoming more competitive in China?

Typically the terrain of LONGi Green Energy, which has dominated the market for the past six years, the solar wafer production field in China is becoming increasingly competitive, with other companies keen to capitalise on the high demand for silicon wafers.

How did silicon wafers & modules perform during the reporting period?

During the reporting period, the company’s external sales of silicon wafers and modules increased year-on-year, while investment income and exchange income increased substantially, facilitating a significant growth of operating revenue.