Photovoltaic value chain

The following table shows the position of the different solar companies within the value chain.

Photovoltaic Value Chain<ref>Aleo Roadshow Mai 2009, Page 4 (Source: Goldman Sachs Global Investment Research)</ref>
Raw Silicon	Ingots	Wafers	Solar Cells	Solar PanelsModules	Distribution	Installation	Service
SolarWorld
Renewable Energy Corporation
Ersol Solar Energy (ES6-FF)
	Trina Solar
		Evergreen Solar (ESLR)
			Q-Cells (QCE-FF)
			DayStar Technologies (DSTI)
			First Solar (FSLR)
			Ascent Solar Technologies (ASTI)
			Sharp Corporation (SHCAY)
			Energy Conversion Devices (ENER)
			Solar-Fabrik (SFX-FF)
			Sunways (SWW-FF)
				Solon AG (SOO1-FF)
				Aleo Solar (AS1-FF)
				Centrosolar (C3O-FF)
					Phoenix Solar (PS4-FF)
					Conergy AG (CGY-FF)
					S.A.G.Solarstrom (SAG-FF)
			SunPower (SPWRA)
			Suntech Power Holdings (STP)
	Kyocera (KYO)