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BELECTRIC tops Global PV System Integrator Rankings: German suppliers continue to dominate
Date: 23 March 2011
Germany’s BELECTRIC developed more than 300 MW of PV systems in 2010, propelling it to the top of IMS Research’s 2010 Global PV System Integrator Rankings. The company (formerly known as Beck Energy) narrowly edged out Germany-based juwi, and ranked five places ahead of 2009 leader Q-Cells International, which saw close to zero MW growth last year.
However, despite the top spot and a three-fold increase in PV systems developed, BELECTRIC still only managed to capture a 2.4% share of the non-residential PV market, estimated at 13.2 GW by IMS Research.
“Our on-going quarterly survey of close to 500 system integrators and engineering, procurement and construction contractors (EPCs) revealed a fragmented market with the top 30 suppliers holding only a 22.1% aggregate share, down 2 percentage points on the previous year,” says Ash Sharma, PV Research Director at IMS Research.
The latest global rankings also reveal Germany’s ongoing PV dominance, with 13 of the top 30 system integrators from that market. And despite the fact that newly added annual German PV capacity is expected to decline in the coming years, it is clear that these companies will remain prominent.
“German system integrators have become increasingly active in foreign markets, whilst maintaining a domestic stranglehold,” explains Sharma. “They accounted for 19 of the top 20 rankings in Germany last year.”
US-based system integrators are gaining ground rapidly, as revealed by IMS Research in January, and two players, SunPower and SunEdison, were the biggest integrators in 2010 in Italy, the world’s second-largest market. Surprisingly, only three Italian companies appear in their top 10 domestic rankings, with many large US, German and Spanish suppliers quickly moving into this exploding market.
IMS Research expects the US non-residential market to become flooded by EPCs, with massive growth predicted in 2011 and 2012. “We’ve already identified close to 150 active US-based system integrators, plus many more European and Asian companies that are entering this promising market,” says Sharma.
About PV system integrator market analysis
This new quarterly database provides detailed information on the world’s leading PV system integrators, along with planned PV installations over the next two to three years. The Q111 edition with 2010 market shares and rankings was released in mid-March 2011.
About IMS Research – Photovoltaics
IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, bespoke research and consultancy services. The company is one of the most respected commentators in the renewable energy field, with a particular expertise in the PV (solar) market. We currently have seven analysts dedicated to researching the PV market and we cover every aspect of the supply chain from polysilicon supply to PV modules, inverters and PV system integrators. IMS Research is aggressively pursuing supply chain coverage of the PV industry where it now offers over 25 reports with a 10-person research team with seven dedicated analysts across three continents. PV@imsresearch.com; http://www.pvmarketresearch.com
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