Flexible Electronics News

Global Solar PV Market Returns to Double-Digit Growth in 2019, IHS Markit Says

The US is forecast to overtake India in 2019, to once again become the second-largest PV market.

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By: Anthony Locicero

Copy editor, New York Post

The global solar photovoltaic market is set to bounce back from single-digit growth in 2018 to 25% growth in 2019, reaching 129 gigawatts of solar installations, according to IHS Markit.    This revived growth comes mainly from markets outside of China, which are forecast to rise by 43% in 2019. Spain, Vietnam and other countries have 2019 deadlines for project completion, as falling module prices at the end of 2018 have led to increased demand. Given the current indications of developmen...

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