Featured in Batteries to center stage – 02-2021

Global PV installations to surpass 150 GW in 2021

Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in December and pushed global demand upward. PV InfoLink estimates that global module demand in 2020 reached 140 GW. Analyst Mars Chang delves into the numbers.

By

pv magazine

11 Feb 2021

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Image: PV InfoLink

The PV glass shortage that persisted through the last quarter of 2020 set module prices surging, forcing developers to slow inventory draw. Module manufacturers were forced to renegotiate contracts signed at lower prices or postpone delivery until this year due to glass price hikes.As 2021 gets going, much of the world is still struggling to …

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