Global solar demand is expected to reach 112GW in 2019
发布时间：2020-06-19
The decision to control pv subsidies in China at the end of May means that new PV capacity will fall globally this year, with about 88GW of new pv capacity expected for the whole of 2018, according to data analyzed by PVInfoLink. At the same time, changes in government policy have led to a drop of about 30 per cent in spot market prices across the pv value chain. For 2019, however, analysts expect a surge in demand, with global solar demand reaching 112GW.
The main reason is that China's solar target has been upgraded to 2020, and the Indian and American markets have started to grow rapidly. In addition, PVInfoLink expects to add more than 1GW of installed capacity in 16 countries next year. In Europe, it will be Germany, Spain, France, the Netherlands and Ukraine.
China's share of global photovoltaic installations, which accounted for more than half of the global market last year, is steadily declining. PVInfoLink expects China, the world's largest solar market, to account for 39 per cent of global capacity this year and 38 per cent next year. Eu member states' share of the global solar panel market is expected to increase from 11% to 12%, while European capacity is expected to increase from 9.5GW to 13.5GW.
PVInfoLink also expects mergers among manufacturers to increase, with the world's leading polysilicon manufacturers, particularly in western China, expanding rapidly and many smaller companies withdrawing from the market as large manufacturers are able to cut costs. The development will also have an adverse impact on leading overseas manufacturers, according to PVInfoLink.
Many smaller wafer makers are also likely to exit the market, and consolidation of the single wafer market will follow a similar pattern. However, for polysilicon chip suppliers, analysts say
