China owns the largest production capacity of solar cell and module, and Chinese solar market has developed the greatest potential on the world stage. Especially, the renewable energy industry has become the crucial part in the 12th Five-Tear Plan of China. As a result, Chinese manufacturers are expanding their presence globally.
Major Chinese manufacturers all joined PV Expo, one of the largest events for the solar industry in the world. Chinese manufacturers focused on the module area, which seemed smaller in scale compared to SNEC.
Chinese big names’ participation was the main representative at this time such as Suntech Power, Yingli Solar, JA Solar, LDK, Rena Solar, GCL, Trina Solar, Hanhwa Solarone, (previously known as Solarfun), Canadian Solar, CSUN, and many others. Their products primarily focused on the module and on the Japanese market.
According to EnergyTrend’s observation, some emerging companies attended this event with intentions not to directly enter the Japanese market but to increase awareness perceived by participants at this exhibit and further acquire clients’ recognition and product requests. For example, Xi'an Longi Silicon Materials and Inner Mongolia Sunnergy for mono ingot and Si wafer; GDsolar and Zhejiang Topoint Photovoltaic Technology who adopted vertical integration business model; and Shenzhen Jiawei, Linuo Power Group, and Topray Solar for module and system.
In addition, component makers also attended this event, like Jiangsu Sun Group for PV ribbon; Xinhongye for wire and cable; G-crystal, Golden Glass, and Henan Succeed New Energy Material for glass.
EnergyTrend believes that the impact from those companies can not compete with the leading companies like Suntech. However, because of the great potential in the Chinese market, and the opportunity of technology cooperation that Chinese manufacturers may obtain in market, it is possible for those companies to become leading firms in the future.
