A perfect storm for PV

The supply chain disruptions that started in the second half of 2020, with the economic opening after Covid-19’s initial waves, reached new highs in 2021. Edurne Zoco, IHS Markit’s executive director for clean technology and renewables, sees five main drivers for the disruptions of the industry throughout 2021. However, forecasts remain bullish, with more than 200GW of new PV installations expected this year.

Issue 01 – 2022
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Containers lined up at the French port of Marseilles. While new capacity and increased competition will likely see polysilicon and wafer prices begin to fall by mid-2022, IHS Markit expects little to change, given currently high shipping costs, before 2023.

Image: Tristan Taussac/Flickr

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