In 2008, Trina is determined to "lower our modulemanufacturing costs through constant improvements in cell efficiencies, wafer thickness reduction, and manufacturing process innovation, " he added.
Some analysts also expect the modulemanufacturing industry to see consolidation with smaller German and Chinese players going out of business in the future, which should further help module price improvement.
The increasing focus by countries on renewable sources of power in the last few years has made the solar industry highly competitive with companies differentiating themselves largely on modulemanufacturing costs and module efficiency.
The falling prices are forcing all manufacturers to put more effort into improving their manufacturing technology and module efficiency in order to get back ahead of the rapidly declining cost curve.