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IHS Markit, a well-known market research institute, expects global PV demand to hit a record high of 113 GW
in 2018, driven by continued strong demand in China.
In 2018, global PV demand will reach a new high of 113 GW
It is said that the fourth quarter of 2018, especially in 2018, will be the most successful quarter in the history of photovoltaics, with 34 GW of new installed capacity
.
"This latest forecast is close to the limits
of what global polysilicon manufacturers can produce.
" Edurne Zoco, director of research and analysis at IHS Markit, said
.
In 2018, global solar installations will grow by 19%, in line with
last year's 20% year-on-year increase.
Continued strong demand will lead to stable module prices throughout the year
.
IHS Markit says that at such installation speeds, module availability will again be a limiting factor
.
Prices can also dampen the return on investment of solar projects, with contracts to sell electricity
at low prices.
Zoco said the Chinese solar market is expected to reach 53 GW in 2018, possibly 60 GW
.
In addition, demand is also on the rise in India, with Indian developers seeking security modules
before introducing additional tariffs.
India is expected to surpass the United States as the second largest PV market
.
Zoco also said the U.
S.
continues to import modules
despite the latest import tariffs.
On the other hand, emerging markets such as Egypt, Brazil and Mexico also had large-scale PV projects
that required module supply in 2018.
，
IHS Markit, a well-known market research institute, expects global PV demand to hit a record high of 113 GW
in 2018, driven by continued strong demand in China.
In 2018, global PV demand will reach a new high of 113 GW
In 2018, global PV demand will reach a new high of 113 GWIt is said that the fourth quarter of 2018, especially in 2018, will be the most successful quarter in the history of photovoltaics, with 34 GW of new installed capacity
.
"This latest forecast is close to the limits
of what global polysilicon manufacturers can produce.
" Edurne Zoco, director of research and analysis at IHS Markit, said
.
In 2018, global solar installations will grow by 19%, in line with
last year's 20% year-on-year increase.
Continued strong demand will lead to stable module prices throughout the year
.
IHS Markit says that at such installation speeds, module availability will again be a limiting factor
.
Prices can also dampen the return on investment of solar projects, with contracts to sell electricity
at low prices.
Zoco said the Chinese solar market is expected to reach 53 GW in 2018, possibly 60 GW
.
In addition, demand is also on the rise in India, with Indian developers seeking security modules
before introducing additional tariffs.
India is expected to surpass the United States as the second largest PV market
.
Zoco also said the U.
S.
continues to import modules
despite the latest import tariffs.
On the other hand, emerging markets such as Egypt, Brazil and Mexico also had large-scale PV projects
that required module supply in 2018.
，
