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Home - Technology - Sinovoltaics tracks 78.8 GW solar panel capacity in Southeast Asia – SPE
Technology

Sinovoltaics tracks 78.8 GW solar panel capacity in Southeast Asia – SPE

solarenergyBy solarenergyOctober 8, 2024No Comments2 Mins Read
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Sinovoltaics’ latest supply chain map tracks growth in Southeast Asia, with a module capacity of 78.8 GW and 58 production projects.

October 8, 2024 Valerie Thompson

Hong Kong-based compliance and quality assurance company Sinovoltaics has published a new report mapping all solar panel factories in Southeast Asia.

“The Sinovoltaics Supply Chain Map Southeast Asia for Q2 2024 includes a number of notable changes since our Q1 report,” Sinovoltaics analysts said in a statement.

They noted that “current market press releases and data” indicate 78.8 GW of module capacity in Southeast Asia, with a further 14 GW announced for the 2027/2030 period, adding that cell production is expected to grow from 50 GW to 68 GW, and the capacity of the blocks is expected to increase from 23 GW to 32.6 GW in the same time frame.

They highlighted the addition of several new projects in the region, such as Elite Solar in Cambodia, Imperial Star Solar and SolarSpace in Laos, BoWay Solar Power Technology and CRC Solar in Vietnam, along with Gstar in Indonesia and Thailand.

A total of 58 production projects were monitored, compared to 50 in the previous report. The report includes factories in Cambodia, Indonesia, Laos, Malaysia, Singapore, Thailand and Vietnam.

For each location, current and planned production volumes in 2024 and 2027 are indicated, as well as the owners, such as JA Solar, SEG Solar, Maxeon, TrinaSolar and Jinko Solar. The team also said it had removed sites where building-integrated PV modules are made.

The Sinovoltaics Supply Chain Map Southeast Asia report is available for free download download.

See also  Sinovoltaics shakes up the rankings of financial stability PV module manufacturers

The Sinovoltaics solar supply chain maps are published quarterly. They cover manufacturing centers in India, Europe and North America and include information on size, location, ownership and capacity, including PV modules, cells, wafers, ingots, polysilicon and metallurgical grade silicon.

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