Decoding n-type: 80%+ manufacturers opt for TOPCon technology
In 2024, with technology progress and lower prices, the prominence of n-type products across various segments continues to rise. China’s state-owned firms now require over 70% n-type products in procurement tenders. Plus, more distributed PV developers are opting for n-type modules to maximize power generation on limited rooftop spaces.
Experts emphasize the multiple advantages of n-type modules, including high efficiency, power, bifaciality, energy yield, and low degradation and temperature coefficients, along with reduced BOS costs and LCOE. With the n-p module price difference often below 0.1 CNY/W, the use of n-type modules promises lower electricity costs and higher power generation revenues.
Forecasts suggest that in 2024, TOPCon will replace PERC as the new mainstream technology and pricing benchmark. The shipment volumes of Heterojunction (HJT) and Back-Contact (BC) technologies are expected to double.
Looking ahead, n-type technology is expected to surpass 65% of the market share in 2024. As the industry continues to evolve, the focus remains on innovation and cost-effectiveness to drive down electricity costs and establish solar energy as the primary choice for power installations worldwide.