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Analysis of PV manufacturing capacity expansion plans in 2014

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By Mark Osborne, Senior News Editor, Photovoltaics International

Global PV end-market demand for PV modules is expected to reach around 50GW in 2014, which has prompted the need for manufacturers to expand capacity to meet demand. With effective module capacity standing at around 45GW at the end of 2013, Photovoltaics International (PVI) has analysed solar cell, c-Si and thin-film capacity expansion announcements that were extensively reported by sister website, PV Tech, from the beginning of 2014 through to the end of November to establish key trends.

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Looking back, 2014 was a year of convalescence for a PV industry still battered and bruised from a period of ferocious competition. End-market demand continued apace, with analysts towards the end of 2014 predicting the year would see between around 45 and 50GW of deployment. That has begun to feed through to the supplier end of the market, with all the main manufacturers announcing capacity expansions in 2015 and further ahead.

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