Analysis of the trend of photovoltaic panel assembly factories

How has global solar PV manufacturing capacity changed over the last decade?

Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011.

Is photovoltaic module assembly economically viable in Australia?

The initial analysis focuses on the economic viability of photovoltaic (PV) module assembly at different scales in Australia and then generalizes to include the global supply chain. The analysis shows that, with economies of scale and sufficient demand, local module assembly from imported materials can compete with the price of imported modules.

How to expand domestic solar PV system components in a competitive global market?

Strategies for expanding domestic output of solar PV system components in a highly competitive global market include improving product performance, lowering costs of production through automation and manufacturing advancements, and developing solar panel recycling pathways.

Will demand for solar photovoltaic (PV) continue to grow?

Demand for solar photovoltaic (PV) is expected to continue its strong growth trajectory to meet international net-zero emissions targets. A 10-fold expansion in PV manufacturing capacity to terawatt levels is expected to be required 1 to meet these targets.

How do we model the PV module assembly cost?

To better understand and model the opportunity presented by a 10-fold growth in PV manufacturing, we model the PV module assembly cost by looking at cost drivers, supply chains, economies of scale, and markets.

What is solar photovoltaic (PV)?

Solar photovoltaic (PV) systems accounted for the highest proportion of new electric power generation capacity in the United States in 2021.