The 2019 global photovoltaic (pv) power is expected to add 129 gigawatts

Global business information advisory services at IHS Markit said the global photovoltaic market growth will rebound from single digits in 2018 to 25% in 2019, is expected to reach 129 gigawatts of new scale.

this recovery growth comes mainly from the market outside of China, is expected to grow by 43% in 2019. Due to the declining cost of pv lead to increased demand, is expected to forecast period, Spain, Vietnam and other countries will be significantly increased in 2019.

given the signs of development activities, the main photovoltaic market in the world after China in 2018 at 45 gw, may grow by 2% in 2019. According to the new situation, most of these devices will appear in the second half of this year.

　　“ Prospects in China is still highly uncertain, because the new photovoltaic support plan is yet to be announced, & throughout; IHS Markit research and analysis of manager Josefin Berg said.

would like to point out in particular, in 2019, the United States is expected to more than India, once again become the second largest photovoltaic market. Because 30% of the investment tax credit ( ITC) The end of this year, some projects will be anxious to complete by the deadline. Josefin Berg said, & other; Although in 2018 the implementation of safety policies may result in delayed until the second half of the completion of this project, but there's little doubt that, beginning in 2019 the American solar photovoltaic market will usher in booming. ”

in India, through security duties cost become more expensive, promote the behavior of the low bid price has led to the bidding delayed several times, and may change the future of solar photovoltaic market in India.

in Europe, after the restrictive import price limit policy cancelled, Europe is a comparatively large areas in the past year, the installed capacity in 2018 grew by 23%, 12 gw, in 2019 is expected to increase more than 19 gw installation size. Only in Spain, recovery of installed utilities scale market makes up nearly 60%.