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Chinese Silicon Capacity: Silicon wafer, cell, module output soar significantly in January 2022

Silicon

January 2022 witnessed a new high on the silicon output, 12 domestic polysilicon enterprises were in production, and the new production capacity of Daqo and Yongxiang was released one after another, with output reaching a new high.

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The domestic polysilicon output was 52,000 tons (about 20.54 GW), up 6.56% month on month. Yongxiang, GCL-Poly, Daqo, Xinte and East Hope rank among the top five, with a total of 45,100 tons, accounting for 86.7% and the comprehensive utilization rate was 90.6%. Solarbe Consulting expects a slight rise in February.

Wafer

The month also saw an increased demand for solar wafers, and the operating rate of domestic leading enterprises increased to 70%. The silicon wafer output in the month reached 20.6 GW, up 15.4% month on month. Longi, Zhonghuan Semiconductor, Jinko Solar, JA Solar and Shangji Automation rank among the top five, with a total of 14.34 GW, accounting for 69.61%, and the comprehensive utilization rate was 70.45%.

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Such production is expected to continue to increase in next month. The basic output has already reached the upper limit in February, and some production capacity affected by the earthquake stepped up recovery. In addition, the terminal demand is much higher than expected, especially in overseas market, which is in short supply.

Cell

In January, there were 20.86 GW of solar cells were produced, a significant increase of 16.99% month on month. Tongwei, Trina Solar, JA Solar, Longi and Aiko Solar rank among the top five, with a total of 11.26 GW, accounting for 53.98%, and the comprehensive utilization rate was 78.68%. Such rate of vertically integrated enterprises was 79.48%, and that of mainstream cell enterprises was 76.59%.

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Module

The market showed a strong demand for modules in January of the year. During he period, the domestic module output was 19.73 GW, up 23.31% month on month. Trina Solar, Jinko Solar, Longi, JA Solar and Canadian Solar rank among the top five, with a total of 11.27 GW, accounting for 57.12%, and the comprehensive operating rate was 68.11%. Clients from overseas market are expected to purchase more in February, which may lead a slight rise in the module production.

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