05 Sep 2018
10:15 – 10:40
MS YALI JIANG, Analyst Solar Supply Chain – BLOOMBERG NEW ENERGY FINANCE | Topic: Global PV market outlook: challenging 2018
Chinese authorities’ announcement that they would restrict new solar installations prompted us to revise the country’s annual demand down by 19-21GW throughout 2018-2020, under our mid-scenario forecast. BNEF analysed the wider impact of China’s policy change and whether other markets outside China will make up for the reduced demand, as well as how this will impact the module prices in near term -adding to the effect of continuous efforts from the PV supply chain manufacturers to further reduce costs, as observed through BNEF’s research on PV production efficiency.