26 Jul '16, 12pm

Solar PV capital expenditure set for slowdown in 2017

Solar PV capital expenditure set for slowdown in 2017

Manufacturing PV capex is forecast to decline by 20% in 2017, as the midstream (cell and module) segments adjust to new capacity brought online during 2015 and 2016. Image: ReneSola Capital expenditure (capex) from solar PV manufacturers is set to decline during the first half of 2017, as the industry adjusts to the excess of new capacity having come online during 2015 and 2016, according to the latest findings in the PV Manufacturing & Technology Quarterly report , released July 2016. Overall capex from the upstream segment of the value-chain (covering polysilicon to modules and including thin-film manufacturing) is set to return to levels last seen back in 2013, when the industry was just recovering from a severe capex downturn that can be traced back to overcapacity coming online during 2010 and 2011. Capex for 2016 is currently forecast at US$5.4 billion, almost flat c...

Full article: http://www.pv-tech.org/editors-blog/solar-pv-capital-expe...

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