Capacity, Applications, and Outlook

Shipment: Large-Sized Shipment at 27.26GW in 2022Q1 at 79% TRENDFORCE Major module makers had shipped a total of 34.31GW during 2022Q1, where large-sized modules (182mm & 210mm) had accounted for approximately 27.26GW at 79%. Among which, 210mm modules (including 210R) had shipped 11.96GW at 34.86%. Major module makers had shipped a total of 132.23GW throughout 2021, where large-sized modules (182mm & 210mm) had accounted for approximately 65.85- 66.35GW at 49.8-50.18%. Among which, 210mm modules had shipped 30.75-31.25GW at 23.25-23.63%. The subsiding demand for M6 and below modules in 2022Q1 had prompted large-sized modules to accelerate in shipment. Major module makers are expected to ship a total of 203-230GW throughout 2022, and 210mm modules (including 210R) will expedite in shipment at the same time. Shipment of Mainstream Module Makers during 2022Q1 (Unit: GW) Shipment of Mainstream Module Makers between 2021 and 2022 (Unit: GW) 10 120% Business 9 2021 Module Shipment 2021 Large-Sized Module Shipment 8.03 2021 Large-Sized Module Shipment Ratio 2022F Module Shipment 2022F Large-Sized Module Shipment 100% 8 7.10 6.60 Longi 38.52 12.8 33.23% 6.35 Ratio 50-60GW Expected to surpass 50%. 80% Trina Solar 24.8 16 64.52% 43 5 60% 3.63 JA Solar 24.07 12 49.85% 35-40 4 2.6 40% Jinko Solar 22.23 10.3 46.33% 35-40 3 2 20% Canadian Solar 14.5 7.25 50% 20-22 75-80% 1 Risen Energy 8.11 7.5-8 92.48% -98.64% 20-25 80% 0 0% LONGI Trina Solar JA Solar Jinko Solar Canadian Solar Risen Energy Total 132.23 65.85-66.35 49.8% -50.18% 203-230 182&210 Others Large size shipment ratio OTrend Force All Rights Reserved

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