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PV demand

MIP impact: EU module prices to decline by 30%, 2019 PV demand up 40%

According to IHS Markit, on the back of the decision to end the MIP in Europe, solar module prices will decline by up to 30%, while total project system costs will be “immediately” driven down. Overall, it forecasts PV demand to grow 40% in 2019.

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PV demand, changing auctions and price declines – GTM lays out its latest predictions

An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.

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