Featured in Top 10 PV trends that defined 2020 – 12-2020

Solar set to shine in a post-pandemic world

The world is still combating Covid-19, with Europe now impacted by a second wave of the virus. While the market reported delays for a few projects, the impacts on the PV sector remain unclear. But if the world fails to curb the Covid-19’s spread, governments may be forced to reintroduce strict measures, thereby sapping PV demand. PV InfoLink’s Mars Chang expects module demand to hit 126 GW by the end of this year.
Source: PV InfoLink

When the world enters the post-pandemic era, PV is expected to recover and prices to fall across the supply chain – with projects deferred by the crisis contributing to demand growth. In light of this, global solar demand looks bright. China is forecast to dominate 31% of the global market share. Europe and the United …

pv magazine
This article is part of pv+
Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.