Solar Love
  • Rooftop Solar
    • Energy Storage
  • Solar Panels
  • Policy
  • Research
    • Science
    • Market Research
    • Solar Perceptions & Polls

Solar Love

  • Rooftop Solar
    • Energy Storage
  • Solar Panels
  • Policy
  • Research
    • Science
    • Market Research
    • Solar Perceptions & Polls
Market ResearchSolar ModulesSolar Research

IHS Predicts Record Solar PV Module Production & Shipment Through First Half Of 2016

by Joshua S Hill November 10, 2015
written by Joshua S Hill November 10, 2015
IHS Predicts Record Solar PV Module Production & Shipment Through First Half Of 2016

Analytics company IHS has predicted solar PV production and shipments to skyrocket through the first half of 2016.

In a new forecast published Monday, IHS concluded that “installation deadlines, sunsetting solar tax credits, and other policy dynamics of the two largest global solar markets, China and the United States,” are going to push solar PV production through the roof. IHS predicts that 2015 will see an increase of 33% in global solar PV installations, reaching 58.7 GW, and though that will soften somewhat in 2016 — growth slowing to only 12%, reaching 65.5 GW — the first half of the year will reflect existing situations.

Specifically, anti-dumping trade disputes in the US market will prevent prices from falling through the first half of the year. IHS warned in late-October of a potential shortage of solar PV wafers in the US market, which is also going to play a part in H1’16 production issues.

“Given the current shortage, wafer prices might still rise for a few months, despite declining polysilicon prices,” said Edurne Zoco, senior manager and principal analyst, IHS Technology.

IHS-17

Recently announced additional solar PV quotas in China are expected to be connected by June, 2016, in order to be eligible for 2015 incentives.

Beyond the first half of 2016, however, IHS predicts average selling prices (ASPs) are likely to fall along the module value-chain. IHS predicts a stalling of utility-scale production, which throughout 2017 will see a 7.8 GW decline in annual installations, though the remainder of the global solar PV market will continue to grow, at an estimated 11% in 2017.

“Global PV demand for 2017 will slow, which will adversely affect module ASPs and margins in the second half of 2016,” Zoco said. “There will be some buildup of inventory, and module price declines will be much heavier than they were in 2015 and during the first half of 2016. A slump in global PV demand in 2017 looks increasingly likely, as the United States is expected to suffer a major decline in 2017, following planned significant reductions in the country’s investment tax credit.”

IHSPV productionsolar PV production
0 comment
0
FacebookTwitterPinterest
Joshua S Hill

previous post
First Solar Sees Strong Growth In Record-Breaking Third Quarter
next post
Cheapest Electricity Comes From Solar In Chile

You may also like

New Manufacturing Techniques Could Lower The Cost Of...

April 17, 2018

Global Solar Installations To Exceed 104 Gigawatts In...

April 16, 2018

Report: US Energy Storage Market To Triple In...

March 10, 2018

China’s CETC Plans 200 Megawatt Solar Fab In...

January 29, 2018

Top New York Solar Installers

November 10, 2017

US Trade Commission Finds That Imports Of Cheap...

September 23, 2017

North Carolina Solar Energy (In Depth)

September 20, 2017

How Do Solar Panels & Solar Energy Work?

August 22, 2017

Swedish Solar Has An Option To A Conventional...

March 30, 2017

Pvilion’s Solar Fabrics Could Help Put Solar Everywhere

March 29, 2017

Follow Me

Facebook

Recent Posts

  • Meet PVCase: A 3D Solar Design Software That Every PV Designer Should Consider

    June 12, 2019
  • Mitsui To Partner With Indian Company For Distributed Solar Projects

    June 10, 2019
  • India’s NTPC Offers Solar Project Management Services To ISA Members

    June 9, 2019
  • Equinor & Scatec Solar Complete 162 Megawatt Brazilian Solar Plant

    November 29, 2018
  • Gamesa Awarded 400 Megawatt Solar Project In Egypt

    November 29, 2018
  • Facebook

@2019 - All Right Reserved solarlove.org


Back To Top