Taiwanese PV market set to rebound in 2021
InfoLink expects new solar capacity additions to grow to 1.5–1.7 GW in 2021.
Surplus cell, module supplies to trigger price war in 2021
Additional cell capacity is nearly 100 GW. Top six and top 10 will together account for 97%.
Wafer surplus to cause new round of price war in 2021
In the upcoming year, new polysilicon production lines will come online in modest numbers and more mono-Si wafers than needed will be produced due to widespread capacity expansion.
Global PV demand set to hit 143.7 GW in 2021
In a post-COVID-19 world, all signs indicate that the future of solar energy is bright. InfoLink predicts that the global module demand will grow to 143.7 GW in 2021, up 15% compared with this year.
China added 18.7 GW of PV capacity in the first nine months of 2020
The National Energy Administration (NEA) said on Oct. 30 that China’s installed renewable capacity hit 837 million kWh at the end of September.
The past three quarters have been bumpy for solar market
The PV market has gone through corona, polysilicon shortage, a growing monopoly in the module market, and U-turn on bifacial exemption so far. But solar demand is expected to pick up in the year ahead.
European solar generation drops 26% in Q3, the lowest since 2016
Europe’s solar generation hit a historic high of 47.6 TWh in the second quarter. However, in the following quarter it slumped by 26% to 35.1 TWh, the lowest in the third quarter since 2016.
China added 16 GW of solar in the first 8 months of 2020
China installed an estimated 16 GW of new PV generation capacity in the January-August period.