It's been a rough year so far in for China. First came news that the nation was devaluing its currency, followed by a stock market crash. Throughout the first half of the year growth has been slow, even by official figures.
This
would be a 50% greater volume than any nation has ever installed, and more than
double German installations during their peak. Chinese authorities have reported
that the nation has already installed 7.3 GW in the first half of the year.
Mercom estimates that 2.5-3 GW of these projects were carried over from
2014.
“Demand
in the spot markets is robust and installations of 10 GW during the second half
of the year look achievable,” notes Mercom in its Solar Quarterly Market Update,
released today. The company says that while macro-economic factors have not yet
had an impact on the market, that there are still concerns about curtailment due
to grid congestion in some areas, as well as delayed
payments.
Conditions
are less optimistic in Japan. Mercom expects
flat growth in Japan's market, due to feed-in tariff cuts totaling 16% in 2015.
The company notes that Japanese PV
installations fell 41% sequentially in the most recent quarter, and that the
nation has restarted its first nuclear reactor.
Meanwhile,
the United States continues its path of double-digit growth as developers rush
to get projects online in advance of the drop-down of the federal investment tax
credit at the end of 2016. Mercom estimates that the nation will install 8.5 GW,
which is slightly higher than GTM
Research's latest forecast of 7.7 GW.
These
three markets together are expected to account for 3/5 of the anticipated 2015
global market demand of 57.4 GW, a figure that Mercom has left unchanged since
its last forecast. This is only marginally more than IHS' forecast of 57 GW,
made in March, and will represent a 28% increase over 2014 levels, as the
strongest growth in the last four years.
And
while the position of the top three markets remains unchanged, in 2015 the UK and India will both increase
their positions. Mercom expects the UK solar market to peak
this year at 3 GW, making it the world's fourth-largest market. However, drastic cuts to the nation's feed-in
tariff ensure that growth in the UK
market will end abruptly.
India
is a different story. Mercom predicts that the nation will enter the top five for the first time in
2015, with 2.5 GW installed. India has already installed 1.4 GW in the first
half of the year, and Mercom says that this is only the
beginning.
Access to more about Landpower Solar Panel Mounting: Solar Mounting Systems, Solar Racking, Solar Hardware, PV Mounting, Ground mounting Systems, Solar Mounting System Manufacturers,Solar Mounting,ballasted solar mounting,solar mounting japan, Solar mounting china
没有评论:
发表评论