BBS about solar global solar photovoltaic (pv) is estimated to increase by 142 gw in 2020

Editor's note: according to the forecast, the 2020 global new solar photovoltaic capacity will reach 142 gigawatts (gw), up 14% on the previous year.

in 2020, according to IHS Markit's latest global photovoltaic ( PV) Demand forecast, the next ten years, the global solar installations will continue to maintain double-digit growth rates. New solar photovoltaic capacity will reach 142 in 2020 gw, up 14% on the previous year.

the expected 142 gw is at the beginning of the last decade of installed capacity (all In 2010 to 20 gw) Seven times. In terms of geographical coverage, growth is very considerable. In 2010, there were seven countries the installed capacity of more than 1 gw, mostly confined to Europe. IHS Markit predict that by the end of 2020, there will be more than 43 countries attain this standard.

IHS Markit, clean technology and renewable energy director Edurne Zoco said: & other; Global demand in 2020 will be a double-digit growth, solar energy, it proves that in the past decade of solar photovoltaic device and exponential growth. If in the 2010 s is the technology innovation, substantial cost reductions and a large amount of subsidies and a handful of dominant market position for ten years, solar equipment, then 2020 will be a new era of subsidies, solar energy, global solar installation and expand demand diversity, new entrants and growing of ten years. ”

in the foreseeable future, large markets such as China will continue to have large share in the new device. Chinese solar net, however, as the other place to increase production capacity, in the next few years global solar installation growth of excessive dependence on the Chinese market will continue to decrease. A leading global market ( Outside of China) Installed capacity in 2019 grew by 53%, to 2020 is expected to continue to maintain double-digit growth. In general, the top 10 solar market share of the overall market is expected to decline to fell to 73% from 94% in 2010.

” China will continue to maintain leading position, be the overall leader of solar installation. But this decade will see southeast Asia, Latin America and the emergence of a new Middle East market, throughout the &; Zoco said: & other; However, the main market will continue to the development of the solar industry is important, especially in technology innovation, policy making, and a new business model, etc. ”

IHS Markit area of the 2020 global pv demand forecasting point:

China: the 2020 solar energy demand will be lower than 50, 2017 GW installation height of history. To subsidies, the solar energy as the market development and competition with other power generation method, the market demand in China in the transitional stage, next year will be released 14 five-year plan, there's some uncertainty during the wait.

America of the installed capacity is expected to grow by 20% in 2020, consolidate the position of the United States as the world's second largest market. California, Texas and Florida, north Carolina and New York will be the main driver of demand growth in the next five years the United States.

Europe: installation quantity has almost doubled in 2019, solar energy, Europe will continue to grow in 2020, is expected incremental than 24 gigawatts (GW), increased by 5% than in 2019. Spain, Germany, China solar power network, the Netherlands, France, Italy and Ukraine will be the main source of demand, accounting for 63% of the total installed capacity in the European Union next year.

India: due to the policy uncertainty and the impact of import duties on solar cells and components, in 2019, after he had installed capacity is expected to grow again, and more than 14 gigawatts in 2020.

the original title: global solar photovoltaic (pv) is estimated to increase by 142 gw in 2020