The solar market is expected to grow in 2021, following a year of pandemic-driven supply chain disruptions, exacerbated by explosions at polysilicon plants. PV InfoLink estimates almost 154 GW of module demand in 2021, up by 10% on 2020. Analyst Amy Fang examines the key market trends for the first quarter.
The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.
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