PV demand, changing auctions and price declines – GTM lays out its latest predictions

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In line with other analysts, GTM Research states that China’s PV policy changes, announced at the end of May, will “severely impact” global PV demand in the short term, although a rebound is expected in Q4 and 2019.

Overall, it sees global demand in 2018 falling to 85.2 GW of new installs versus its previous prediction of 103.5 GW, and down from the just under 100 GW installed in 2017. By 2020, this should have again grown, to reach a record >120 GW.

Read the full article on pv magazine International.