Global PV installed capacity will exceed 21 GW in 2011

Recently, a report released by a well-known market research organization IMS shows that according to the latest solar photovoltaic demand report, the global installed capacity of photovoltaics is expected to exceed 21 GW in 2011. In addition, IMS lowered its PV market forecast for 2012 due to weakened PV stimulus policies in some markets.

IMS analysis pointed out that the rapid decline in prices in 2011 is expected to drive a new wave of PV demand in Germany and other countries. In addition, Italy's subsidy incentive policy, which was not yet clear in the first quarter, continued. IMS expects the installed capacity of photovoltaics to increase quarter by quarter in 2011 and reach the peak in the fourth quarter.

The report also shows that the market share of photovoltaic installations in Europe will drop significantly in the next 3-5 years. Ash Sharma, director of IMS photovoltaic research, said that “the market share of PV in Europe will drop from 80% in 2010 to 56% in 2012”.

In the long run, IMS expects that the installed capacity of the PV market will decline in 2012, but it is still controlled at no more than 10%. This is mainly due to the expected downward adjustment in the European region, as well as many uncertainties in the United States and Asia. Although the photovoltaic market in the United States and Asia is developing rapidly, it is expected to reach a scale of 5 GW in 2011, but the status in 2012 is not yet clear.

For the Chinese PV market, IMS research believes that the Chinese government plans to double the installed capacity of photovoltaics. However, due to the excessively high price of photovoltaic systems, the on-grid price in the photovoltaic market will not be realized in recent years. The prospects of China's photovoltaic market are not yet clear.

According to Reuters news, the China Development and Reform Commission and the Energy Administration are discussing the 12th Five-Year Plan for photovoltaic industry. Li Junfeng, deputy director of the Development and Reform Commission's Energy Institute, said in an industry forum that “In 2015, China’s PV installation target may be 10GW or even higher. ".

In addition, according to foreign reports, the European Photovoltaic Association also predicted that in 2011 the global installed photovoltaic capacity will reach 21.145GW, an increase of 27% compared to 2010.