Hello folks! Today, we’re going to pin down some extraordinary news that’s buzzing in the world of solar. As per the most recent data received, 210 mm n-type solar technology is poised to ignite a brand new industrial revolution. Interesting, isn’t it? So, let’s elaborate on this without any further ado.
The advent of 210 mm module technology has taken the solar industry by storm. These modules are anticipated to represent 78.29% of the large-format module market this year and this is presumed to surge to 82.51% by 2027. The numbers themselves stress the enormous potential this technology holds in the future.
Total shipments of 210 mm PV modules triumphantly crossed 260 GW in the first quarter of this year. A fascinating fact is that seven of the top ten module producers have now turned their production focus to 210 mm n-type modules. High-power solar companies like Trina Solar, Risen Energy, Tongwei, and Huasun are all fervently mass-producing panels above 700 W, further testifying to the increasing popularity of these cutting-edge solar panels for your home.
Per recent figures, a dramatic 51.8% year-on-year surge in 210 mm module production capacity is anticipated. The future undoubtedly looks luminously solar, with a projected skyrocket to approximately 1,105 GW in 2024!
The production of large-format wafers doesn’t lag behind either. These wafers are on the verge of touching remarkable production capacity of 1,174 GW this year, constituting almost 99% of all wafer production. The previous year marked a significant increase in 210 mm and 210R wafer production, capturing more than 38% of the market.
In the current scenario, the prevailing trend in the solar industry is the devoted concentration on the improvement of n-type, large-format, and thin wafers. The 210 mm ones, including 210R, have indeed emerged as the successive mainstream standard and set the stage for a new chapter in wafer development.
Moreover, the estimated production of large-format cells is likely to hit 1,549 GW this year. The 210 mm cells share in this is likely to highlight a jaw-dropping market share of 82.66%, projected to rise almost to 92% by 2027.
A major leap in n-type solar cells’ production capacity is also anticipated – about 1,078 GW by the year’s end. N-type cells are considered to form approximately 69% of the total cell market. Within the n-type cells spectrum, Tunnel oxide passivated contact (TOPCon) cells are expected to form around 58% of the total n-type cell production.
So why is there such a rush toward these large-format, n-type 210mm cells and modules? Well, the ongoing technological innovation and product upgrades are visceral factors catapulting the progress of the Photovoltaics (PV) industry.
Lastly, I want to highlight a key point – the 210 mm n-type technology is gearing up to lead the charge in a brand new industrial revolution in the solar industry. It’s pushing for superior development of the renewable energy sector, which will greenly energize our world. So, if you’re mulling over getting a solar array for your home, 210mm n-type technology could be an optimal choice!
I hope this post was insightful for those of you who are interested in keeping up with the latest and greatest in the solar industry. Stay tuned for more updates regarding the new power trends!
Original Articlehttps://pv-magazine-usa.com/2024/07/08/trendforce-says-210-mm-module-shipments-surpassed-260-gw-in-q1/