In 2019, the US PV installation will return to the second place in the world.
IHS said that the addition of this recovery is mainly from malls outside of China, including some countries that are estimated to add 43% in 2019.
The fall in component prices at the end of 2018 led to the addition of demand. The deadline for some countries including Spain and Vietnam was 2019, which further affected the prosperity of the mall in 2019.
China is the world's largest photovoltaic store. After reaching 45 million kilowatts in 2018, it is expected to add 2% in 2019. IHS Markit's latest PV installation tracking data shows that most of the installation will take place in the second half of the year.
“At present, China’s prospects remain highly uncertain, as the new PV subsidy program has not been released,” IHS Markit analysts noted. “The plan to place more policy on unsubsidized PV systems may slow down the near-term deployment unless a severe construction deadline is imposed to influence demand in 2019.”
It is estimated that the United States will surpass India in 2019 and become the second largest in the world.Photovoltaicthe mall. With the 30% investment tax credit (ITC) completed this year, some projects will be rushed to completion.
However, the "Safe Harbor Rules" promulgated in 2018 also delayed the installation of the 2019 program from 2019 to the next few years. The rule requires that by the end of 2019, 5% of the investment will be available to enjoy the full tax rate of ITC.
Analysts believe: "More and more project development activities indicate that the years after 2019 will flourish."
In India, as parts became more expensive due to tariff guarantees, the depreciation of bidding prices led to delays in several tenders and could spur India's future solar PV malls.
Europe adds beyond 7GW
After the lowest import price of PV modules, Europe was the region with the biggest increase in the past year. Installed capacity added 23% in 2018, reaching 12GW, and is expected to surpass 19GW in 2019.
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