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2018 global solar demand to increase 11% to 105 GW despite China cuts, IHS Markit forecasts

This is a guest post by Jeremy Leggett. Views are the author's own and do not necessarily represent the opinions or positions of MyGridGB or Dr Andrew Crossland.

According to IHS, we should expect “another wave of oversupply, low profitability and consolidation” then solar “even more competitive across new markets.”

They reduced their outlook for global PV installations in 2018 to 105 GW from 113, with 38 GW in China, a reduction more than compensated in other markets due to lower pricing.

We will see! Anyway, an interesting year ahead, and what should be a positive one for developers like Solarcentury…..

Image: Panda Green