India’s total PV demand in 2018 will reach just 8.5-9.6GW as a result of the imposition of a 25% safeguard duty on imports of cells and modules, according to EnergyTrend forecasting.
Taiwan-based market research firm, EnergyTrend has revised its China and global solar market demand forecast in light of the Chinese government changing its deployment policies at the end of May, 2018.
Taiwan-based market research firm, EnergyTrend expects Chinese end-market demand to contract slightly in 2018, after posting record installations for several years in a row and accounting for around 50% of global solar installations in 2017.
The island plans to add 1.52GW over two years between mid-2016 and July 2018, which will help it to join Thailand in the top 10, according to EnergyTrend, a division of TrendForce.