Global solar projects in 2019 the growth rate of 25%1

According to IHS Markit, pv projects in the United States and Europe will be booming in 2019. The global industry growth rate back to double digits, and China development speed will slow.

IHS Markit, according to the latest news of the world in 2019 is expected to develop 129 gw solar projects, growth rate of 25%, higher than the growth rate of nearly 10% in 2018.

company published in December 2019, is expected to 123 gigawatts (gw), the growth rate of 18%. The world in 2019 is expected to appear uneven regional development,

China and India are uncertain future

IHS Markit, the asia-pacific region is expected to dominate the installed capacity, but the prospects for development.

in China this year, for example, the growth rate of only 2%, this growth is mainly through the installed capacity of project implementation in the second half of 2019. China added 2018 45 gw project. Research and analysis manager

Josefin Berg said, developers are waiting for the news about whether there will be new photovoltaic support plan, China faces & other; Highly uncertain prospect & throughout; 。

　　“ Unless set a deadline for the strict construction to stimulate demand in 2019, otherwise will focus more on subsidies, photovoltaic system plan may reduce recently installed capacity development speed. ”

IHS Markit that uncertainty will be extended to India. Lower sale price and the combination of the more expensive components may delay the auction. “ This could change the future of India's solar photovoltaic market. ” Since 2019,

& other; Booming & throughout; American

meanwhile, IHS Markit data for the Chinese photovoltaic market represents a much better and brighter future, China's capacity will grow by 43% in 2019.

because the developers are eager to investment tax credit policy to phase out before the end of the year to complete the project, so the momentum of development.

however, Berg, points out that the investment tax credit for 5% of the project investment will be put off until the end of 2019 or so, ensure that after a few years of photovoltaic & other; Boom & throughout; 。

expected, according to another development positive region in 2019 is the ending of the minimum prices for imported after Europe. The continent more than 19 gw pv project will develop this year, compared with 12 gw in 2018. “ Recovery & throughout; Spanish utility market will also become a hotspot in 2019.