Global Photovoltaic Installations Will Exceed 40GW In 2014


 

In photovoltaic investment, IHS forecast 2014 global investments in photovoltaic equipment and production will grow by 42%.Suppliers and battery, components, silicon ingots, wafers and polysilicon manufacturers are expected to be $3.3 billion, up 42% from a year earlier. The IHS is expected growth of 37%. After 2 years of growth and contraction, excess capacity as the improvement of market regulation as well as the main supplier to increase again, IHS photovoltaic industry is expected in and after 2014 be recovery.

In 2012, IHS predicted global photovoltaic (pv) will invest $4.3 billion in 2015, up 32% from a year earlier. JonCampos IHS analyst said the current photovoltaic industry demand rising, and spread to new areas. Given the better sales, photovoltaic enterprises began to increase. The major manufacturers have said requires more capital spending to cope with the situation.

Supply exceeds demand in 2012, and 2013 volatile economic situation caused many pv suppliers liquidation, bankruptcy, and lower prices. This 2 years capital contraction means photovoltaic industry supply and demand in 2014 will be more closely integrated. IHS photovoltaic industry in 2014 is expected to achieve a complete industrial chain of supply and demand balance.

In 2014,
Japan, Latin America and southeast Asia and other emerging markets will further promote the development of photovoltaic industry. IHS, points out that the emerging markets currently account for 3% of global capacity (7.9 GW), at the beginning of 2017 will reach 6% (18 GW).