IHS Markit has forecasted that global solar photovoltaic (PV) demand will increase to a record 113GW in 2018, a 19% increase over 2017, driven by continued strength in the China market and expected growth in India and several fast emerging countries such as Mexico and Egypt.
As PV Tech recently reported, significantly higher than expected solar PV installations in China is driving global installation forecasts to be revised upwards.
Suniva’s petition to the US International Trade Commission (ITC) puts PV demand at risk by the uncertainty created among investors and the global supply chain, argues market research firm IHS Markit.
Vertically integrated PV power plant developers such as First Solar and SunPower are losing ground to dedicated PV tracker firms, according to the latest analysis from IHS Markit.
