Featured in Spark of a yellow sun – 07-2022

Global module demand to hit 240 GW in 2022

Despite polysilicon shortage-induced high module prices, the market saw strong demand in the usually slower summer season this year, due to the global race to net-zero emissions. Corrine Lin, chief analyst at PV InfoLink, expects demand to reach 240 GW, with China and Europe set to contribute more than 80 GW and 50 GW, respectively. Together with the United States, which has paused the introduction of new solar tariffs, the three largest markets will dominate nearly 70% of global demand.
By
pv magazine
Source: PV Infolink

In the first half of the year, projects deferred from last year and strong demand from the distributed-generation segment sustained the Chinese market. Markets outside of China saw robust demand, as the China Customs data suggest. In the first five months of the year, China exported 63 GW of modules to the world, and the …

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