Top 10 perovskite solar cell manufacturers in China

At present, 20 companies in China have already deployed perovskite, and they mainly focus on three major directions: upstream materials, midstream batteries and equipment, and general technologies, mainly new energy companies.Here are top 10 perovskite solar cell manufacturers in China (Ranking in no particular order).

Top 10 perovskite industry chain companies

S C

Company profile:
S•C ranks first in top 10 perovskite solar cell manufacturers, and is a leading national high-tech enterprise engaged in R&D, production and sales of crystalline silicon solar cell equipment in China.

Strengthen technological innovation and research and development of new products in photovoltaic PERC, TOPCon, HJT, perovskite and other technical routes and in the semiconductor field. In the perovskite cell technology route, the company’s RPD equipment has obtained orders for perovskite pilot lines At the same time, the whole line of perovskite equipment has also entered the research and development stage.

The company’s main business is etching equipment, accounting for 83.2% of the total operating income. Recently certified by a third-party international authoritative organization, the steady-state photoelectric conversion efficiency of all perovskite tandem cells developed in China is as high as 28.0%, creating a new history;

For the whole year of 2021, Jiejia Flextronics achieved revenue of RMB 5.047 billion, a year-on-year increase of 24.80%; net profit attributable to the parent of RMB 717 million, a year-on-year increase of 37.16%. During the period, the expense ratio remained basically stable, and the profitability was significantly repaired. A number of photovoltaic cell technology fields have been deployed, and staged breakthroughs have been achieved.

Total market value: 56.117 billion RMB
Company website: www.chinasc.com.cn

Golden Glass

Company profile:
Golden Glass is a high-tech enterprise focusing on the R&D, design and production of various high-tech special glass and systems, is one of top 10 perovskite solar cell manufacturers in China. It is mainly engaged in various special security glass products. In the company’s income structure, the operating income of steel doors and windows fireproof profiles accounted for 59.34%, the operating income of installation engineering accounted for 22.11%, and the operating income of security glass accounted for 59.34%. The company has 38 authorized patents, including ultra-thin chemically strengthened glass and its preparation method, non-conductive touch-sensitive mirror display glass, etc.

In 2021, the company’s total operating income for the year will be 321 million RMB, down 2.60% from the same period last year; operating profit will be -139 million RMB, down 9.77% from the same period last year; Net profit attributable to shareholders of listed companies was -202 million RMB, down 53.81% from the same period last year.

Total market value:12.571 billion RMB
Company website: http://www.golden-glass.com

Hangxiao

Company profile:
Established in 1985, Hangxiao Steel Group is a diversified enterprise group integrating the whole industry chain such as BIPV and building integration of photovoltaics. The main business is multi-high-rise steel structure, accounting for 67% of the main business income. Hangxiao Steel Structure’s first crystalline silicon thin film + perovskite tandem battery pilot line is planned to be put into operation by the end of 22, with a target conversion efficiency of over 28%, becoming one of the top 10 perovskite solar cell manufacturers in China.

Hete Optoelectronics has completely independent intellectual property rights. The company’s crystalline silicon thin film/heterojunction perovskite tandem battery technology can adjust the band gap and interface passivation of semiconductor materials through new materials and new processes, and the conversion efficiency can reach more than 30%.

The company plans to put into operation the first pilot line of crystalline silicon thin film + perovskite tandem cells by the end of 22, with a target conversion efficiency of more than 28%. The production line will greatly increase the market competitiveness of Hete Optoelectronics products.

Total market value: 14.333 billion RMB
Company website: www.hxss.com.cn

ROPRAY Solar

Company profile:
The company is the first pure solar energy company listed on the A-share market in China, and the first photovoltaic company in China that can simultaneously produce three types of solar cells: amorphous silicon, monocrystalline silicon and polycrystalline silicon. The main business scope is research and development, production and sales of solar cell chips, solar cell components, solar power supply, solar energy application products, solar collector panels and water heater systems.

In the income composition, the operating income of crystalline silicon solar cell chips and modules accounted for 37.08%, and the electricity fee income accounted for 30.84%. TOPRAY Solar as one of top 10 perovskite solar cell manufacturers has a total of 107 patents applied and granted, such as photoelectric sensing perovskite detectors, smoke sensing perovskite detectors, thin film silicon, crystalline silicon heterojunction double-sided solar cells etc.

Total market value: 8.987 billion RMB
Company website: www.topraysolar.com

TONGWEI

Company profile:
Tongwei Co., Ltd. focuses on agriculture and new energy, and has formed a business model of “agriculture (fishery) + photovoltaic” resource integration and coordinated development, of which photovoltaic revenue will account for 60.1% in 2021.

The company is top 10 perovskite solar cell manufacturers in China has a vertically integrated photovoltaic enterprise from upstream high-purity crystalline silicon production, midstream high-efficiency solar cell production, to terminal photovoltaic power station construction and operation, forming a complete photovoltaic new energy industry chain with independent intellectual property rights.

In 2021, the company cooperated with scientific research institutions in industry-university-research to further strengthen the research and development of cross-generation technologies and cutting-edge technologies in the industry (including HBC, perovskite, tandem cells/modules, photovoltaic + energy storage and other technologies).

Total market value: 279.906 billion RMB
Company website: www.tongwei.com.cn

CATL

Company profile:
The company is the world’s leading top 10 energy storage battery companies in China , engaged in the research and development, production and sales of new energy vehicle power battery systems and energy storage systems, as well as lithium battery recycling business.

The core technology of CATL is the research and development and manufacturing capabilities of the whole industry chain in the field of power and energy storage batteries, materials, batteries, battery systems, battery recycling and secondary utilization. Main business CATL focuses on the research and development, production and sales of new energy vehicle power battery systems and energy storage systems, and is committed to providing first-class solutions for global new energy applications.

Chairman of CATL, said that the company’s perovskite photovoltaic cell research is progressing smoothly, and a pilot test line is being built. The official announcement of the CATL to enter the perovskite field may further promote the landing and industrialization of this new battery technology.

Total market value: 1300.844 billion RMB
Company website: www.catl.com

GCL

Company profile:
GCL Optoelectronics Technology Holdings Co., Ltd. was established in 2010 and is a subsidiary of GCL Group. The company has completed the B round of 100MW perovskite cell production capacity construction, and is currently the only company with mass production capacity in the market, becoming one of top 10 perovskite solar cell manufacturers.

GCL Optoelectronics focuses on the R&D and production of disruptive next-generation perovskite solar modules, and is committed to developing large-scale 1m*2m solar modules. And relying on its existing world-leading 10MW pilot production line, it continuously improves the photoelectric conversion efficiency of perovskite cells, improves stability, and further reduces the cost of solar cells.

In the field of perovskite cells, GCL Optoelectronics completed the efficiency certification of perovskite modules with a size of 45cm×65cm in 2019. Certified by TÜV Rheinland, the world’s most authoritative commercial certification organization for photovoltaic modules, with an efficiency of 15.31% (now increased to 17%), it is the perovskite module with the largest area and the highest module efficiency certification in the world so far. GCL Optoelectronics has also become the only company in the world that has obtained commercial certification for practical products of perovskite components.

Registered capital: 422 million RMB
Company website: http://www.gclnewenergy.com

MINGYANG

Company profile:
As one of top 10 perovskite industry chain companies in China, the company is committed to the green, inclusive and intelligent energy. Its business covers wind, solar, storage, hydrogen and other new energy development and operation and equipment manufacturing, ranking among the top 500 Chinese enterprises and It ranks among the top 500 global new energy companies and ranks first in the global offshore wind power innovation. The main business is wind turbines, which account for 93% of the total operating income.

The company already has the technical reserves of perovskite, and has built Mingyang New Energy Industrial Park in Xinyang, Henan. The construction of its heterojunction module project has started in Xinyang City, and everything is progressing smoothly. It is expected to be put into production in 2022.

In 2021, the company will achieve a total operating income of RMB 27.158 billion, a year-on-year increase of 20.93%; The net profit attributable to the parent company was RMB 3.101 billion, a year-on-year increase of 125.69%; The company’s revenue growth is mainly due to the simultaneous increase in the company’s wind turbine revenue and power generation revenue; The high increase in net profit attributable to the parent company was mainly due to the increase in revenue and profit from the sale of power stations.

Total market value: 67.254 billion RMB
Company website: www.mywind.com.cn

LONGI

Company profile:
Founded in 2000, the company is mainly engaged in the research and development, production and sales of monocrystalline silicon rods, silicon wafers, cells and modules, as well as the development, construction and operation of photovoltaic power plants.

The company has formed a complete industrial chain from monocrystalline silicon rods and wafers, monocrystalline cells/modules to downstream monocrystalline photovoltaic power station applications.In terms of perovskite technology, the company focuses on the manufacture of perovskite cells and battery components. At present, the company has 20 perovskite-related patents published and authorized for inventions.

On April 21, 2022, at the 19th China Photovoltaic Academic Conference, the company was selected as the highest efficiency of crystalline silicon/perovskite tandem cells in China with an efficiency of 25.7%. In 2021, the research and development cost of aerospace electrical appliances will be 504 million yuan, an increase of 17.72% over the same period of the previous year.

Total market value:416.154 billion RMB
Company website: www.longigroup.com

AKCOME

Company profile:
Akcome Technology is one of top 10 solar module manufacturers in the world is deeply engaged in the field of new energy, creating a two-wheel-driven business development model of new energy manufacturing and new energy services, and has developed into a leading high-efficiency new energy comprehensive service provider in China. It is expected that 5GW of heterojunction cell production capacity will be formed by the end of this year, accounting for about 20%-25% of the global total production capacity, ranking first in the heterojunction field.

Akcome Technology said that the company attaches great importance to the market prospects of perovskite batteries, and has been involved in the research and development of perovskite materials and HJT tandem battery technology. The company achieved an operating income of RMB 2.531 billion, and the net profit attributable to shareholders of the listed company is currently a loss.

Akcome Technology has four production bases in Suzhou, Jiangsu, Taizhou, Jiangxi, and Huzhou, Zhejiang. The production line layout is at the leading level in the industry, and the production capacity is the industry’s dominant capacity. The cumulative shipment of modules exceeds 11GW, and the operating income is 1.350 billion RMB, a substantial increase of 85.49% year-on-year.

Total market value: 17.694 billion RMB
Company website: www.akcome.com