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A few days ago, after China's sudden policy shift, IHS Markit has lowered its global PV installed capacity forecast for 2018 from 113 GW to 105 GW
.
IHS Markit lowered its global PV demand forecast for 2018 to 105 GW
IHS Markit expects accelerated global demand to partially compensate for lower demand in China, with installations still up 11%
in 2018 compared to 2017.
IHS Markit lowered its forecast for China's new PV increment from 53 GW to 38 GW, and said that most of this installed capacity has been completed
in the first half of the year.
IHS Markit said that for the global PV industry, the rest of 2018 will face the characteristics of
overproduction and high competition from suppliers.
IHS Markit said: "The price war announced by China has been launched and will reignite PV demand in repressed demand regions where buyers have been pausing projects while waiting for lower module prices
.
”
Lower module prices are expected to benefit markets
such as India and Australia.
In Europe, if the minimum import cap is lifted in August, the PV industry will accelerate installations, while the US will offset the import duties of the 201 case and boost module imports
.
IHS Markit added that global installations depend on buying intentions in emerging regions that are rapidly emerging in the second half of 2018, or waiting for prices to fall
further.
According to IHS Markit, there will be a bigger question mark
about the prospects of the photovoltaic industry in the next two to three years.
However, after another round of oversupply, low profitability and consolidation in the industry, PV products will enhance their competitiveness
in new markets.
，
A few days ago, after China's sudden policy shift, IHS Markit has lowered its global PV installed capacity forecast for 2018 from 113 GW to 105 GW
.
IHS Markit lowered its global PV demand forecast for 2018 to 105 GW
IHS Markit lowered its global PV demand forecast for 2018 to 105 GWIHS Markit expects accelerated global demand to partially compensate for lower demand in China, with installations still up 11%
in 2018 compared to 2017.
IHS Markit lowered its forecast for China's new PV increment from 53 GW to 38 GW, and said that most of this installed capacity has been completed
in the first half of the year.
IHS Markit said that for the global PV industry, the rest of 2018 will face the characteristics of
overproduction and high competition from suppliers.
IHS Markit said: "The price war announced by China has been launched and will reignite PV demand in repressed demand regions where buyers have been pausing projects while waiting for lower module prices
.
”
Lower module prices are expected to benefit markets
such as India and Australia.
In Europe, if the minimum import cap is lifted in August, the PV industry will accelerate installations, while the US will offset the import duties of the 201 case and boost module imports
.
IHS Markit added that global installations depend on buying intentions in emerging regions that are rapidly emerging in the second half of 2018, or waiting for prices to fall
further.
According to IHS Markit, there will be a bigger question mark
about the prospects of the photovoltaic industry in the next two to three years.
However, after another round of oversupply, low profitability and consolidation in the industry, PV products will enhance their competitiveness
in new markets.
，
