Will Taiwan meet its 20 GW solar goal by 2025?
By 2025, Taiwan aims to reach a cumulative installed solar PV capacity of 20 GW. However, by mid-2018, just 11.2% of this goal had been met. TrendForce analyst, Rhea Tsao, examines the situation and discusses what needs to be done to reach the target.
TrendForce: Price war may begin due to overcapacity
The Taiwanese analysts expect that overcapacity will force some solar players to abandon their business or file for bankruptcy. IHS Markit also sees further price declines and consolidation in the third quarter, although it does forecast signs of a speedy recovery.
Global PV market to diversify, reach 200 GW a year by 2020
According to a new report from the PV Market Alliance (PVMA), the global solar PV market will only be marginally affected by the recent China policy decisions, and will grow to become an up to 200 GW market by 2022. Diversification will continue, with new segments accounting for up to 25% of the entire market by this time.
2018 global PV market to see negative growth following China backtrack
Global solar PV demand this year will be less than in 2017, on the back of China’s latest policy decision, says TrendForce. Overall, it sees new installs dropping 40% in China to 31.6 GW. The protectionist measures taken by the U.S. will also be weakened by the resulting falling module prices.
