Distributed gains
High module prices are expected to cause a shift in solar demand from the utility-scale segment to the distributed-generation PV space, while residential and commercial and industrial consumers are expected to be less price sensitive, writes IHS Markit analyst Siqi He. In 2022, distributed PV will account for more than 40% of global solar installations.
Despite supply chain constraints, global solar installations are forecast to increase to over 230 GW in 2022, with distributed-generation PV (DPV) accounting for 44% of total installations. Global DPV installations are forecast to comprise 46% of cumulative global PV installations between 2022 and 2026. The strong demand for DPV, primarily residential and commercial systems most …
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