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1. The laminated tile technology interconnects the battery chips with conductive adhesive, eliminating the need for welding tape, reducing the shading area and line loss, and saving space. It packs 13% more battery chips than the conventional 60 module, with a power increase of more than 20W, significantly higher than other technologies such as half chip and MBB. However, compared with traditional components, the cost needs to be further reduced.By the end of 2018, the capacity of laminated tile components exceeded 3GW, and the current production is expected to be about 10GW. According to the statistics of CPIA, in 2018, the global component capacity reached about 152.8GW, and the Chinese component output was 85.7GW. Among the global component capacity, the backward capacity is about 75GW, which will be rapidly eliminated by new technologies in the next five years. Based on the new demand for modules after the PV parity goes online in the future, it is estimated that the new capacity of laminated tiles will be 21.75/27.75/34.5GW in 2022/2023, becoming the mainstream of the module market.