29 Oct '17, 6pm

Module shortages. What you need to know

is at a high degree of capacity utilization in 2017 driven by strong demand in China for PV deployment. Globally from 86 GWp to 92 GWp is on track to be installed in 2017. Currently the industry has 92 GWp of manufacturing capacity and at the beginning of the year there was 3 GWp of inventory on the supply and demand sides. This means that in 2017, and in a perfect world with no unexpected manufacturing downtime, the industry will be >95 percent capacity utilization. It is highly likely that inventory will be worked off in 2017 leaving no cushion for 2018. Given current supply constraints, manufacturers will need to make some hard decisions about capacity additions. Additional module assembly will not ameliorate the situation. Additional cell capacity is required and the decision to add capacity in an incentive or mandate-driven industry is not to be taken lightly.

Full article: http://www.renewableenergyworld.com/articles/2017/10/supp...

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