29 Mar '17, 5pm

Seven Key Solar PV Industry Metrics And What They Mean To You

Seven Key Solar PV Industry Metrics And What They Mean To You

A big low-margin industry got bigger in 2016, continuing with incentivized, subsidized or mandated markets that could – and often do – disappear overnight. Manufacturer shipments of crystalline and thin film technologies grew by 38 percent in 2016 over 2015, to 70-GWp over 50.9-GWp the previous year. Strong growth was due to over-performance of China’s market for solar deployment installations for which grew by 130 percent over 2015 to 34.7-GWp in 2016. PV industry metrics of demand and supply side inventory, capacity, production, shipments, installations and defective modules are offered in Figure 1. A good way to think about the various metrics that make up the PV industry value chain is that shipments tend to be lower than production (after considering inventory), installations lag shipments and grid connections lag installations. Depending on the level of inventory ove...

Full article: http://www.renewableenergyworld.com/articles/2017/03/four...

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