Market Trends

Home News & Analysis Market Trends

Wafer trends for 2020: Transitioning to larger size

156.75mm (M2) wafers has become the mainstream size in the industry since 2017. However, the improvement of cell efficiency appeared to hit a bottleneck in the following year, making wafer size again a hot topic among manufacturers. In the second half of 2018, 158.75mm (G1) mono wafers were introduced to the market successfully. Having gained momentum, it’s certain that G1 format will be the mainstream in 2020 to 2021. To differentiate products and reduce costs associated with crystal pulling, wafer manufacturers launched 166mm (M6) and 210mm (M12) wafers. With more variables in the market, most manufacturers are now in a wait-and-see mode on wafer size.

Development overview in 2019

In the first half of 2019, some Tier-1 module makers started promoting G1 wafer, with vertically integrated company Jinko Solar taking the lead, followed by JA Solar and Trina. For cell makers, Tongwei and Aiko Solar had both released shipment of G1-sized cells and increased its volume each month.

With wafer size going bigger in the second half of 2019, Longi acted first to launch M6 wafers, while Zhonghuan Solar introduced M12 to gain competitive edge. Meanwhile, overseas manufacturers such as LG and Hanwha Q Cells, who have adopted 161.7mm (M4) format earlier to distinguish themselves from Chinese rivals, are yet to decide the wafer size for their next-generation products. Having said that, most manufacturers have adopted G1 size for mono-Si wafer and begun producing such products in the second half of 2019. However, G1-sized products were predicted to take up a mere 12% of share in 2019, because it takes time for end users and developers to test and evaluate modules applying larger wafers and most PV plants confirmed in early 2019 will mostly use M2-sized products.

Capex requirement and technological barrier facing larger wafers

Scrutinizing M6 wafer, G1 and M6 shares the same diameter, but slicing ingot into M6 size can generate larger wafer surface area, and hence better price performance. Therefore, Longi has actively promoted M6 wafer and offered prices with a competitive advantage over G1, in the hope to attract more manufacturers to follow suit. However, apart from Longi and its partnering cell companies, other mono-Si manufacturers are uncertain about switching to M6. At present, these makers only accommodate new lines with M6 wafer and produce once orders are placed. Rationale behind the conservative attitude are high implementation barriers, which require large cell and module equipment modification, as well as high capex requirement – more than two to three times more expensive than that required by adopting G1. On the other side, both Canadian Solar and GCL-Si adopted M6 size for their multi-Si and cast-mono wafers.

There are technological barriers associating with the application of M6 and M12 format, especially the manufacturing process of wafer and cell. For wafer makers, the fragmentation rate of larger wafer is higher during the thinning process. In terms of cell manufacturing process, uneven surfaces might occur during texturing and coating process, and result in a slight decrease in cell efficiency.

Strong price performance of mono products accelerates withdrawal of multi products from the market

After adopting larger wafer and module techniques, mono PERC modules are increasingly edging out multi-Si products for its’ ability to deliver competitive performance. Consequently, demand for multi-Si products weakened significantly in October 2019, with multi-Si cell prices falling sharply to a new low – hitting USD 0.079/W in mid-December. While sending ripples to the wafer and polysilicon segments, the weak cell price also caused the price of multi-Si module to decline. Despite the low price, demand for multi-Si products is not likely to recover this year due to widened gap, which results from significant improvement in wattage output and price reduction of mono-Si products. Taking 72-cell module for example, the mainstream wattage output of mono modules will achieve 390-400W, whereas that of multi modules may hover at 340-350W even using larger wafer and half-cut technique. With only 50W of wattage gap and a price difference of USD 0.03-0.04/W, multi modules are no longer appealing to end users.

Cast mono product, having gone into commercial production in 2019, is facing more pressure from mono-Si wafer, which has achieved further price reduction this year. Against this backdrop, the development of cast mono will depend on the price difference between polysilicon price for mono- and multi-Si wafer this year.

In terms of size format, it’s difficult for older multi-Si wafer and cell production lines to upgrade to M6. Moreover, demand for multi-Si product continues to weaken while multi-Si cells are no longer profitable. Thus, manufacturers are unwilling to upgrade existing lines or expand capacity. In fact, these producers have started converting lines from multi-Si to mono-Si, and those with older production lines may withdraw from the market. It’s expected that the share of multi-Si product will decrease to less than 20% this year.

Market prospect

Forecast on wafer size transition

Standardization of the wafer size is necessary for manufacturers to obtain economies of scale and cost advantage. A monopoly market with only a few larger wafer suppliers would be an unfavorable outcome for downstream sector.

Before achieving standardization, PV InfoLink projected that four different wafer sizes will remain in the market this year. G1 mono wafer is expected to remain mainstream, taking up to 60% of the share, whereas M6 wafer will be steadily gaining ground, with its share growing to 13%.

Previous Go Back Next

欢迎您光临PV InfoLink网站(,以下简称“本网站”),请您详阅下方的本网站的使用条款、以保障双方权益,若使用本网站则表明您已知悉并完全接受这些条款。

§ 1 免责声明

本网站合法获取信息,并尽可能以可靠、准确、完整的信息为基础,但不保证本网站信息的绝对准确性和绝对完整性,亦不对任何人的市场操作、投资建议负任何责任。PV InfoLink保留随时补充、修订或更改有关信息的权利,但并不保证随时发布。

 § 2 版权声明

本网站中的商标、名称、版面设计、自有文章、图片、图表等内容之版权归PV InfoLink所有。对于内容中所含的版权和其他所有权声明,使用者应予以尊重并在其转载、副本中予以保留。如果网站内容无权利声明,并不代表本网站对其不享有权利,也不意味着本网站不主张权利,使用者应根据诚信原则尊重该内容的合法权益并进行合法使用。

§ 3 转载及链接

本网站出于促进业界同仁思想交流和研究探讨之目的,可能包含转载文章或连接到第三方网页上的链接。转载文章所阐述的观点只代表该作者自身观点,本网站转载并不代表赞成或反对其观点。另外,本网站对外部链接并不负审查义务,不担保其准确性及完整性。在收集原始素材时,PV InfoLink尽可能注明文章的作者和来源,如文章作者或版权所有者对此存有异议,并不希望本网站引用、转载,请联系我们,本网站将立即予以删除。

§ 4 拒绝提供担保




本使用条款之订立、修改、更新及最终解释权均属PV InfoLink所有。若您对于本使用条款或本网站有任何问题或建议,欢迎来信

Welcome to PV InfoLink website (, hereinafter referred to as “this website”). Please read this terms of use agreement carefully to protect the interests of both parties. By accessing this website, you know and fully agree with these terms.

§1 Disclaimer

Information on this website is legally obtained and is based on reliable, accurate, and complete information. But absolute accuracy and completeness is not guaranteed. We assume no responsibility for anyone’s market operation or investment advice. PV InfoLink reserves the right to add, revise, or alter website information anytime, but information will not be guaranteed to be published all the time. 

§2 Copyright statement

The copyright of trademark, name, website layout, articles, photos, charts, etc. on this website are the properties of PV InfoLink. For the copyright and other proprietary statement contained in the content, users should show the respect and cite sources when sharing the article. If the website has no copyright statement, it does not mean that its contents are not protected. Users should respect the legitimate rights for use based on the principle of integrity.

§3 Share and link

This website may share articles or put subcontractor’s link on this website for the purpose of facilitating peer exchange and research. The point of view for the shared article is author’s own point of view. This website does not represent in favor or against the author’s point of view. In addition, this website does not have an obligation to review external links and does not guarantee its accuracy and completeness. For the collection of original sources, we will try to cite the author and source as much as possible. If the author or copyright owner has any opinions and do not want this website to refer or share their content, please contact us. The article will be removed immediately. 

§4 Refuse to provide warranty

This website does not provide any express or implied warranties, including but not limited to commercial suitability, fitness for a particular purpose, and non-infringement of the rights of others.

This website is for reference only. Users should determine the immediacy and applicability of such information themselves and have to be responsible for any transaction or investment decisions made.

If users conduct trade transactions with other manufacturers through this website, only the user and the manufacturer have a contractual relationship. This website is not involved in it. If the product or service has any flaws or disputes, users will have to contact the contractor. This website will assume no responsibility for such matters.

The making, modification, renewal, and final interpretation of this Terms of Use are the properties of PV InfoLink. If you have any questions or suggestions regarding this Terms of Use or this website, please contact us at


PV InfoLink的现货价格主要来自平时与业界的面谈、
但每周根据市场分为略有微调,且加上PV InfoLink专业分析群的市场预测。

PV InfoLink gathers price information from face-to-face/phone interviews and other ways of communication with more than 100 PV companies. We get our average price from the most common transactional data in the market (not weighted average), but prices are slightly adjusted every week according to market conditions. With PV InfoLink’s professional market forecast, we seek the fullness and completeness of the information, but this information is just for reference. We assume no responsibility for anyone’s market operation or investment advice.