Most China tier-1 PV module suppliers sold out until 2Q15, says IHS

Most China tier-1 solar PV module suppliers have sold out until the second quarter of 2015, according to IHS. Along with the consolidation of the PV module industry, China tier-1 suppliers increased their market share from 34% in the first quarter of 2014 to 45% in the fourth quarter. IHS forecasts these suppliers will maintain their combined market share in the first quarter of 2015. Representing 35% of global module capacity, the total effective capacity of China tier-1 module suppliers in the first quarter is expected to reach 5.7GW, while total global demand is expected to reach 10.8GW.

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via Yuichun