Record Photovoltaic Module Production and Shipments Forecast Through the First Half of 2016, IHS Says

Dateline City:
ENGLEWOOD, Colo.
Multimedia
All Other Multimedia:
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Technology
Lee Graham, +1 212 333 4983
lee.graham@ihs.com

ENGLEWOOD, Colo. (November 9, 2015) – Strong solar photovoltaic (PV) production and shipments are forecast during the first half of 2016, due to installation deadlines, sunsetting solar tax credits and other policy dynamics of the two largest global solar markets, China and the United States. Global solar PV installations are forecast to increase by 33 percent in 2015, to reach 58.7 gigawatts (GW). Demand will remain strong, but growth will slow to 12 percent in 2016. Global solar PV demand will reach 65.5 GW next year, according to IHS Inc.

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