

The client, a PE company focusing on energy investment in the Nordics, wanted to have a comprehensive insight and evaluation of the PV (Photovoltaic) market in China. They requested to understand the supply chain of six major market players in China as well as the potential risks that these players were facing.
With the aim being set, the client turned to ARC Consulting for support in reviewing and evaluating the selected suppliers. ARC Consulting delivered a report including a high-level overview of the PV market as well as in-depth analysis of the specific suppliers.
In recent years, the solar cell industry has developed rapidly, driven by the strong financial and policy support from the Chinese government. Some large players have been developed, increasing the industry concentration level; at the same time, many players faced financial crisis, went into bankruptcy or reorganization due to over expansion or fluctuation of raw material prices. Therefore, it is critical for the client to have a holistic picture of the main suppliers of the PV industry in China.
Project data was collected through desktop research and on-site visits at suppliers’ premises. ARC Consulting’s team of consultants collected, crossed checked, and analyzed the following information from different sources: