Average prices of solar modules are expected to decline in the second half of 2016, according to IHS.

Average prices of solar modules are expected to decline in the second half of 2016, according to IHS.

10.11.2015: Global solar module demand will grow 12% year on year to 65.5 GW in 2016, according to US market research company IHS. The company believes that solar module shipments will grow considerably in the first half of next year due to installation deadlines and policy dynamics of the Chinese and US solar markets. Moreover, IHS forecasts that in 2016 over 58.7 GW of PV capacity will be installed worldwide, a 33% increase compared to 2015. The company also expects that PV module prices will remain stable in the first half of next year and that APS along the module value-chain will fall only in the second half the year. »Global PV demand for 2017 will slow, which will adversely affect module ASPs and margins in the second half of 2016,« said Edurne Zoco, senior manager and principal analyst, IHS Technology. »There will be some buildup of inventory, and module price declines will be much heavier than they were in 2015 and during the first half of 2016. A slump in global PV demand in 2017 looks increasingly likely, as the United States is expected to suffer a major decline in 2017, following planned significant reductions in the country’s investment tax credit.« © PHOTON

 

 

Monty Bannerman

ArcStar Energy

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