IHS Markit has become increasingly concerned about the lack of visibility for strong global demand in the second quarter of 2020, compounded by the additional manufacturing capacity (cells and modules) expected to start ramping production in the first half of 2020. Image: Jolywood
IHS Markit has reiterated its global solar demand forecast for 2019, despite lower expectations for China.
The market research firm said that faster than anticipated growth in some international markets such as the Netherlands, Spain, Germany, Italy, Turkey, or Ukraine had reduced the growth risks associated with weaker demand in China.
IHS Markit also remained bullish on the APAC region outside of China and several South American markets having greater upside potential for solar installations in 2019.
As a result, global solar installations are expected to be around 129GW in 2019.
However, the market research firm has become increasingly concerned about the lack of visibility for strong global demand in the second quarter of 2020, compounded by the additional manufacturing capacity (cells and modules) expected to start ramping production in the first half of 2020.
The impact of weak demand and potential overcapacity could impact the entire supply chain and initiate another cycle of gross margin compression for the PV industry.
Nov 12, 2020
The webinar will feature presentations from Cherif Kedir, CEO at RETC and Finlay Colville, head of research at PV-Tech, covering the latest developments related to PV module testing, reliability and bankability. Specific attention will be afforded to RETC's hail durability testing (HDT) process, and PV-Tech's bankability analysis for utility scale deployment in the US today.
Mar 10 - Mar 12, 2021
Penang, Malaysia (also available virtually)
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.
Oct 27 - Oct 29, 2020
Going into its fifth year over 200 delegates from 150 companies and 20 countries representing the PV supply chain will gather (virtually, due to COVID-19) for 3 days to discuss the technology roadmaps for PV cell advancement in GW markets. The scope of the event has been expanded this year, to cover developments in wafer supply and thin-film investments and technologies alongside all the regular benefits to all stakeholders tracking PV technology and investment trends for the next 5 years.