Share

Related Links

Related Stories

  • German BELECTRIC tops global solar PV system integrators
    BELECTRIC developed over 300 MW of solar photovoltaic (PV) systems in 2010, bringing it to the top of IMS Research’s 2010 Global PV System Integrator Rankings.
  • Renewable Power Generation - 2010 figures
    Special report. Part four: Solar (PV) hit the heights in 2010 despite market concerns...
    Members' Content
  • Solar PV inverter market drops below US$6bn in 2011
    Following 2010’s massive increase, the global solar photovoltaic (PV) inverter market is predicted to decline below US$6 billion in 2011, a fall of more than 10% according to IMS Research.
  • Latest on the solar PV innovators: Roundup
    Joyce Laird catches up with some companies we featured exactly a year ago to find out whether 2010 fell short, met, or exceeded 2009 projections on the solar photovoltaic (PV) technology front.
  • Renewable power generation – a status report
    Despite the international economic crisis and the reduction of Government incentives, renewable energy is continuing to have a growing impact on the world energy market. Experts from Lahmeyer International and the Deutsches Biomasseforschungszentrum examine the 2009 statistics, and highlight newly-installed capacity, major technological developments and emerging market trends.

Top 5 Stories

News

Q-Cells - largest solar PV system integrator In 2009

08 March 2010

Q-Cells International was the largest solar photovoltaic (PV) system integrator in 2009, according to a study by IMS Research.

IMS Research’s global report PV System Integrator Market Shares & Profiles reveals that Q-Cells International was responsible for close to 150 MW of new, non-residential solar PV capacity in 2009, surpassing rivals such as juwi and Sunpower.

It also reveals that Spanish system integrators, who dominated the market in 2008, subsequently slipped down the rankings in 2009 as their domestic market evaporated.

Ash Sharma, PV Group Director at IMS Research says: “Despite the research identifying more than 200 active PV system integrators, none were identified as having a dominant market share in any of the segments analysed highlighting the extremely fragmented nature of the system integration business and the difficulties PV component suppliers face in identifying their largest potential customers.”

“A number of PV component suppliers, such as Q-Cells and First Solar, have chosen to expand their activities from just supplying cells or modules to also building turn-key PV plants. It is likely this move was provoked by the need to chase margins that had tightened following the module price collapse in 2009, and also by the need to stimulate demand by financing and developing major PV plants themselves,” Sharma adds.

Although several hundred companies are now active in the non-residential solar PV market, industry consolidation looks certain, especially as challenging conditions are expected in the second half of 2010 following Germany’s feed-in tariff cut.

Total revenues generated by new solar PV systems installed in Germany in 2009 reached almost US$17 billion according to IMS Research’s analysis – not quite as high as the US$19bn generated by Spain the previous year.

 

This article is featured in:
Photovoltaics (PV)  •  Policy, investment and markets  •  Solar electricity

 

Comment on this article

You must be registered and logged in to leave a comment about this article.