“Short supply and higher than anticipated module prices in the first half of 2018 will impede many markets outside China, due to worsening project economics,” said Edurne Zoco, research and analysis director at IHS Markit. “Projects in some regions might be delayed or even cancelled, because market prices are higher than were estimated during the planning phase.” The price drop is also likely to hit projects that have already been approved by China’s central government, which has set a target for renewable energy capacity additions this year of 40 gigawatts (GW) from
“Short supply and higher than anticipated module prices in the first half of 2018 will impede many markets outside China, due to worsening project economics,” said Edurne Zoco, research and analysis director at IHS Markit. “Projects in some regions might be delayed or even cancelled, because market prices are higher than were estimated during the planning phase.” However, global solar installation will reach a record 108 GW in 2018, driven by demand from China, he said.