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Next-Generation Solar PV; High Efficiency Solar PV Modules and Module-Level Power Electronics: Global Market Analysis and Forecasts

3Q 2016 (Navigant Research)

"Global cumulative manufacturing capacity for solar PV modules remained steady at around 70 GW between 2012 and 2015, but actual production doubled from 32 GW to 60 GW. This surge increased the margins of the top module manufacturers and tightened the supply-demand balance for the coming years. While the main players in the solar PV module market have been announcing small capacity expansions since early 2014, the number of announcements has soared since November 2015…In the long term, the niche technologies of today are expected to evolve to take over most of the solar market…According to Navigant Research, global module-level power electronics (MLPE) capacity is expected to grow from 9.7 GW in 2016 to 42.2 GW in 2025…” click here for more

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