Featured in Gaining Traction – 02-2022

Keeping up with growing demand

Despite a few recent bumps in the road, the outlook is bright for the solar industry in 2022 and beyond. A growing list of countries are making commitments to net-zero carbon emissions, and solar energy is central to many of their strategies for reaching this goal. InfoLink analyst Amy Fang sheds light on the growing demand for PV around the world, and the latest price trends and technology developments that will shape the market in 2022.

On a conservative estimate, shipment targets for 2022 from the 10 largest PV manufacturers reach 250GW, indicating strong demand driven by carbon reduction goals. China, Europe and the United States will remain the major drivers behind solar growth. Real demand will move in accordance with materials and module prices. The biggest questions here are whether …

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