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“Solar PV Module Market Set to Decline Despite Significant Capacity Addition by 2020”
Solar Photovoltaics (PV) is the conversion of solar energy - light and heat from the sun - into electrical energy, which is consequently supplied either to the electric grid or to the consumer directly. This conversion is carried out by photosensitive semiconducting materials, assembled in the form of modules, usually referred to as solar PV modules or just solar modules. Since a single module will only produce a few hundred Watts (W) of electricity, multiple PV modules are connected to form a PV array to produce greater output.
Global Solar PV module market value increased from US$ 36.6 Billion (bn) in 2010 to US$ 44.27bn in 2011. However, with the reduction in the module prices starting 2011, the market value dropped to US$ 30.32bn in 2015. Between 2016 and 2020, the market value dropped from US$ 39.7bn to 33.43bn. The reduction in module price was attributed to the excess production by silicon manufacturers. On the flip side, the reduction in module prices resulted in an increase in the installed capacity in 2016 and is estimated to remain stable through the forecast period. The total installed capacity between 2016 and 2020 is estimated to be 334 GW whereas it stood at 187 GW between 2011 and 2015.
China has been one of the fastest-growing industrial economies in recent decades. Burgeoning energy demand and rapid industrialization have pushed the country to increase the share of renewable energy in its energy mix and reduce its greenhouse gas (GHG) emissions. China, therefore, became the largest consumer of solar PV modules in 2015, overtaking Japan and the US. The annual installed capacity in China grew from 500 Megawatts (MW) in 2010 to 15.13 GW in 2015, while Japan and the US held the second and third position, with approximately 11.0 GW and 7.33 GW, respectively.
The PV modules prices are estimated to further decline during the forecast period due to competitive market conditions. With minimal price differences between module suppliers, buyers are price sensitive, thus creating persistent price pressure. Furthermore, module prices have declined for a variety of reasons, including but not limited to, the anti-dumping tariffs implemented by the US on Chinese modules, the euro and yen depreciation, and the downward adjustment of the minimum import prices.
The report “Solar PV Module Market, Update 2016 - Global Market Size, Competitive Landscape and Key Country Analysis to 2020” provides a omprehensive information and understanding of the global Solar Module Market. The report offers in-depth analysis of solar PV module market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (China, India, Japan, Australia, the US, Canada, Germany, Italy, France and the UK) level.
In particular, this report provides the following analysis:
- Analysis of the growth of solar PV module market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
- Provides competitive landscape at country level for the year 2015.
- Provides solar PV module market analysis for key countries including China, India, Japan, Australia, the US, Canada, Germany, Italy, France and the UK.
- Covers the drivers and restraints affecting the solar PV module market, country-wise annual additions and average module price trends.
Companies mentioned in this report: Trina Solar Limited, Canadian Solar Inc., JinkoSolar Holding Co., Ltd., JA Solar Holdings Co., Ltd., Hanwha Q Cells GmbH, First Solar, Inc., Yingli Green Energy Holding Company Limited, Hareon Solar Technology Co., Ltd., Risen Energy Co. Ltd., Changzhou EGing Photovoltaic Technology Co., Ltd., Astronergy, Suntech Power Holdings Co., Ltd.( Shunfeng), Kyocera Solar, Inc., REC Silicon ASA, SunPower Corporation, SolarWorld AG, Solar Frontier K.K.
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Global Solar PV module market value increased from US$ 36.6 Billion (bn) in 2010 to US$ 44.27bn in 2011. However, with the reduction in the module prices starting 2011, the market value dropped to US$ 30.32bn in 2015. Between 2016 and 2020, the market value dropped from US$ 39.7bn to 33.43bn. The reduction in module price was attributed to the excess production by silicon manufacturers. On the flip side, the reduction in module prices resulted in an increase in the installed capacity in 2016 and is estimated to remain stable through the forecast period. The total installed capacity between 2016 and 2020 is estimated to be 334 GW whereas it stood at 187 GW between 2011 and 2015.
China has been one of the fastest-growing industrial economies in recent decades. Burgeoning energy demand and rapid industrialization have pushed the country to increase the share of renewable energy in its energy mix and reduce its greenhouse gas (GHG) emissions. China, therefore, became the largest consumer of solar PV modules in 2015, overtaking Japan and the US. The annual installed capacity in China grew from 500 Megawatts (MW) in 2010 to 15.13 GW in 2015, while Japan and the US held the second and third position, with approximately 11.0 GW and 7.33 GW, respectively.
The PV modules prices are estimated to further decline during the forecast period due to competitive market conditions. With minimal price differences between module suppliers, buyers are price sensitive, thus creating persistent price pressure. Furthermore, module prices have declined for a variety of reasons, including but not limited to, the anti-dumping tariffs implemented by the US on Chinese modules, the euro and yen depreciation, and the downward adjustment of the minimum import prices.
The report “Solar PV Module Market, Update 2016 - Global Market Size, Competitive Landscape and Key Country Analysis to 2020” provides a omprehensive information and understanding of the global Solar Module Market. The report offers in-depth analysis of solar PV module market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (China, India, Japan, Australia, the US, Canada, Germany, Italy, France and the UK) level.
In particular, this report provides the following analysis:
- Analysis of the growth of solar PV module market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
- Provides competitive landscape at country level for the year 2015.
- Provides solar PV module market analysis for key countries including China, India, Japan, Australia, the US, Canada, Germany, Italy, France and the UK.
- Covers the drivers and restraints affecting the solar PV module market, country-wise annual additions and average module price trends.
Companies mentioned in this report: Trina Solar Limited, Canadian Solar Inc., JinkoSolar Holding Co., Ltd., JA Solar Holdings Co., Ltd., Hanwha Q Cells GmbH, First Solar, Inc., Yingli Green Energy Holding Company Limited, Hareon Solar Technology Co., Ltd., Risen Energy Co. Ltd., Changzhou EGing Photovoltaic Technology Co., Ltd., Astronergy, Suntech Power Holdings Co., Ltd.( Shunfeng), Kyocera Solar, Inc., REC Silicon ASA, SunPower Corporation, SolarWorld AG, Solar Frontier K.K.
Note: Product cover images may vary from those shown
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1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Solar Photovoltaic Technology
2.2 Types of Solar Modules
2.2.1 Crystalline Silicon (c-Si) Modules
2.2.2 Thin-Film Technology
2.3 Report Guidance
3 Solar PV Module Market, Global
3.1 Solar PV Module Market, Global, Overview
3.2 Solar PV Module Market, Global, Annual Installations, 2010-2020
3.2.1 Solar PV Module Market, Global, Annual Installations by Technology Type, 2010-2020
3.3 Solar PV Module Market, Global, Production Volume, 2010-2015
3.3.1 Solar PV Module Market, Global, Production Volume by Technology Type, 2010-2015
3.4 Solar PV Module Market, Global, Average Module Price by Technology Type, 2010-2020
3.5 Solar PV Module Market, Global, Market Value by Technology Type, 2010-2020
3.6 Solar PV Module Market, Global, Competitive Landscape
3.6.1 Solar PV Module Market, Global, Top Fifteen Manufacturers, 2015
3.6.2 Solar PV Module Market, Global, c-Si Module Market Share by Company, 2015
3.6.3 Solar PV Module Market, Global, Thin-Film Module Market Share by Company, 2015
3.7 Solar PV Module Market, Global, Regional Share
3.7.1 Solar PV Module Market, Global, Installed Capacity by Region, 2015
3.7.2 Solar PV Module Market, Global, Production by Region, 2015
3.8 Solar PV Module Market, Global, Country Share
3.8.1 Solar PV Module Market, Global, Installed Capacity Share by Country, 2015
3.8.2 Solar PV Module Market, Global, Production by Country, 2015
3.8.3 Solar PV Market, Global, Key Drivers
3.8.4 Solar PV Market, Global, Key Restraints
4 Solar PV Market, Asia-Pacific
5 Solar PV Module Market, China
5.1 Solar PV Module Market, China, Overview
5.2 Solar PV Module Market, China, Annual Installations, 2010-2020
5.2.1 Solar PV Module Market, China, Annual Installations by Technology Type, 2010-2020
5.3 Solar PV Module Market, China, Production Volume, 2010-2015
5.3.1 Solar PV Module Market, China, Production Share by Technology Type, 2010-2015
5.4 Solar PV Module Market, China, Average Module Price by Technology Type, 2010-2020
5.5 Solar PV Module Market, China, Market Value by Technology Type, 2010-2020
5.6 Solar PV Module Market, China, Competitive Landscape
5.6.1 Solar PV Module Market, China, c-Si by Company, 2015
5.6.2 Solar PV Module Market, China, Thin-film Market Share by Company, 2015
5.7 Solar PV Module Market, China, Regulations, 2015
5.7.1 Golden Sun Program
5.7.2 Building Integrated Photovoltaic Subsidy Program
5.7.3 Feed-in Tariffs for Solar Projects
5.7.4 Distributed Photovoltaic Power Generation Project
5.7.5 The Notice of the National Energy Administration and China Development Bank on Supporting the Financial Services to the Distributed Solar Photovoltaic Power Generation
5.7.6 Notice on the Effect of Price Leverage to Promote the Healthy Development of the Photovoltaic Industry
5.7.7 Subsidies for Solar Photovoltaic in Rural Areas
5.7.8 Research and Development Support for Solar PV
5.7.9 Solar Power Technology Development 12th Five-Year Special Plan
5.7.10 Shandong Province Energy Fund
5.7.11 Shandong Province Sunshine Plan
6 Solar PV Module Market, India
6.1 Solar PV Module Market, India, Overview
6.2 Solar PV Module Market, India, Annual Installations, 2010-2020
6.2.1 Solar PV Module Market, India, Annual Installations by technology Type, 2010-2020
6.3 Solar PV Module Market, India, Production Volume, 2010-2015
6.3.1 Solar PV Module Market, India, Production Share by Technology Type, 2010-2015
6.4 Solar PV Module Market, India, Average Module Price by Technology Type, 2010- 2020
6.5 Solar PV Module Market, India, Market Value by Technology Type, 2010-2020
6.6 Solar PV Module Market, India, Competitive Landscape
6.6.1 Solar PV Module Market, India, c-Si Market Share by Company, 2015
6.7 Solar PV Module Market, India, Regulations, 2015
6.7.1 Renewable Energy Certificates
6.7.2 Jawaharlal Nehru National Solar Mission
6.7.3 Net-metering
6.7.4 Uttar Pradesh Solar PV FiT
6.7.5 Generation-Based Incentives
6.7.6 Feed-in Tariffs
6.7.7 Semiconductor Policy
6.7.8 Demonstration and Promotion of Solar Photovoltaic Devices and Systems in Urban Areas and Industry
6.7.9 Development of Solar Cities Scheme
6.7.10 Energy Efficient Solar and Green Buildings Scheme
7 Solar PV Module Market, Japan
7.1 Solar PV Module Market, Japan, Overview
7.2 Solar PV Module Market, Japan, Annual Installations, 2010-2020
7.2.1 Solar PV Module Market, Japan, Annual Installations by Technology Type, 2010-2020
7.3 Solar PV Module Market, Japan, Production Volume, 2010-2015
7.3.1 Solar PV Module Market, Japan, Production Share by Technology Type, 2010-2015
7.4 Solar PV Module Market, Japan, Average Module Price by Technology Type, 2010-2020
7.5 Solar PV Module Market, Japan, Market Value by Technology Type, 2010-2020
7.6 Solar PV Module Market, Japan, Competitive Landscape
7.6.1 Solar PV Module Market, Japan, c-Si Market Share by Company, 2015
7.6.2 Solar PV Module Market, Japan, Thin-film Market Share by Company, 2015
7.7 Solar PV Module Market, Japan, Key Policy Initiatives
7.8 Solar PV Market, Japan, Regulations, 2015
7.8.1 Feed-in Tariffs for Renewable Energy
7.8.2 Green Investment Tax Credit
7.8.3 Solar Power in Government Office Buildings
7.8.4 Subsidy for Residential PV Systems
7.8.5 Fiscal and Tax Incentives for Solar Photovoltaic Generation
8 Solar PV Module Market, Australia
8.1 Solar PV Module Market, Australia, Overview
8.2 Solar PV Module Market, Australia, Annual Installations, 2010-2020
8.2.1 Solar PV Module Market, Australia, Annual Installations by Technology Type, 2010-2020
8.3 Solar PV Module Market, Australia, Production Volume, 2010-2015
8.3.1 Solar PV Module Market, Australia, Production Share by Technology Type, 2010-2015
8.4 Solar PV Module Market, Australia, Average Module Price by Technology Type, 2010-2020
8.5 Solar PV Module Market, Australia, Market Value by Technology Type, 2010-2020
8.6 Solar PV Module Market, Australia, Competitive Landscape
8.6.1 Solar PV Module Market, Australia, c-Si Market Share by Company, 2015
8.7 Solar PV Module Market, Australia, Regulations, 2015
8.7.1 Solar Cities Program
8.7.2 Collaboration on Building Solar Future
8.7.3 FiT
9 Solar PV Market, Americas
10 Solar PV Module Market, US
10.1 Solar PV Module Market, US, Overview
10.2 Solar PV Module Market, US, Annual Installations, 2010-2020
10.2.1 Solar PV Module Market, US, Annual Installations by Technology Type, 2010-2020
10.3 Solar PV Module Market, US, Production Volume, 2010-2015
10.3.1 Solar PV Module Market, US, Production Share by Technology Type, 2010-2015
10.4 Solar PV Module Market, US, Average Module Price by Technology Type, 2010-2020
10.5 Solar PV Module Market, US, Market Value by Technology Type, 2010-2020
10.6 Solar PV Module Market, US, Competitive Landscape
10.6.1 Solar PV Module Market, US, c-Si Market Share by Company, 2015
10.6.2 Solar PV Module Market, US, Thin-film Market Share by Company, 2015
10.7 Solar PV Market, US, Regulations, 2015
10.7.1 Investment Tax Credits
10.7.2 Energy Independence and Security Act, 2007
10.7.3 Energy Improvement and Extension Act, 2008
10.7.4 Investment Tax Credits
10.7.5 Manufacturing Tax Credit
10.7.6 Rural Energy for America Program: Grants
10.7.7 Modified Accelerated Cost Recovery System
10.7.8 Green Power Purchasing Goal
10.7.9 Residential Renewable Energy Tax Credit
10.7.10 Federal Initiatives for Solar Power
11 Solar PV Module Market, Canada
11.1 Solar PV Module Market, Canada, Overview
11.2 Solar PV Module Market, Canada, Annual Installations, 2010-2020
11.2.1 Solar PV Module Market, Canada, Annual Installations by Technology Type, 2010-2020
11.3 Solar PV Module Market, Canada, Production Volume, 2010-2015
11.3.1 Solar PV Module Market, Canada, Production Share by Technology Type, 2010-2015
11.4 Solar PV Module Market, Canada, Average Module Price by Technology Type, 2010-2020
11.5 Solar PV Module Market, Canada, Market Value by Technology Type, 2010-2020
11.6 Solar PV Module Market, Canada, Competitive Landscape
11.6.1 Solar PV Module Market, Canada, c-Si Market Share by Company, 2015
11.7 Solar PV Market, Canada, Regulations, 2015
11.7.1 Renewable Energy Policy Framework, Prince Edward Island
11.7.2 Renewable Energy Policy Framework, Nova Scotia
11.7.3 Net Metering, Quebec
11.7.4 Renewable Energy Policy Framework, Ontario
11.7.5 Financial Incentives and Policy Support for Solar PV
12 Solar PV Market, Europe
13 Solar PV Module Market, Germany
13.1 Solar PV Module Market, Germany, Overview
13.2 Solar PV Module Market, Germany, Annual Installations, 2010-2020
13.2.1 Solar PV Module Market, Germany, Annual Installations by Technology Type, 2010-2020
13.3 Solar PV Module Market, Germany, Production Volume, 2010-2015
13.3.1 Solar PV Module Market, Germany, Production by Technology Type, 2010-2015
13.4 Solar PV Module Market, Germany, Average Module Price by Technology Type, 2010-2020
13.5 Solar PV Module Market, Germany, Market Value by Technology Type, 2010-2020
13.6 Solar PV Module Market, Germany, Competitive Landscape
13.6.1 Solar PV Module Market, Germany, c-Si Market Share by Company, 2015
13.6.2 Solar PV Module Market, Germany, Thin-film Market Share by Company, 2015
13.7 Solar PV Market, Germany, Regulations, 2015
13.7.1 Renewable Energy Sources Act
13.7.2 Feed-in Tariff for Solar PV under EEG
13.7.3 Market Incentive Programme
13.7.4 Preferential Loan Programme offered by the Reconstruction Loan Corporation
13.7.5 KfW Renewable Energy Program
14 Solar PV Module Market, Italy
14.1 Solar PV Module Market, Italy, Overview
14.2 Solar PV Module Market, Italy, Annual Installations, 2010-2020
14.2.1 Solar PV Module Market, Italy, Annual Installations by Technology Type, 2010-2020
14.3 Solar PV Module Market, Italy, Production Volume, 2010-2015
14.3.1 Solar PV Module Market, Italy, Production Share by Technology Type, 2010-2015
14.4 Solar PV Module Market, Italy, Average Module Price by Technology Type, 2010-2020
14.5 Solar PV Module Market, Italy, Market Value by Technology Type, 2010-2020
14.6 Solar PV Module Market, Italy, Competitive Landscape
14.6.1 Solar PV Module Market, Italy, Crystalline Market Share by Company, 2015
14.6.2 Solar PV Module Market, Italy, Thin-film Market Share by Company, 2015
14.7 Solar PV Module Market, Italy, Regulations, 2015
15 Solar PV Module Market, UK
15.1 Solar PV Module Market, UK, Overview
15.2 Solar PV Module Market, UK, Annual Installations, 2010-2020
15.2.1 Solar PV Module Market, UK, Annual Installations by Technology Type, 2010-2020
15.3 Solar PV Module Market, UK, Production Volume, 2010-2015
15.3.1 Solar PV Module Market, UK, Production Share by Technology Type, 2010-2015
15.4 Solar PV Module Market, UK, Average Module Price by Technology Type, 2010- 2020
15.5 Solar PV Module Market, UK, Market Value by Technology Type, 2010-2020
15.6 Solar PV Module Market, UK, Competitive Landscape
15.6.1 Solar PV Module Market, UK, c-Si Market Share by Company, 2015
15.7 Solar PV Market, UK, Regulations, 2015
15.7.1 Renewable Energy Strategy 2009
15.7.2 Renewable Obligation Order
15.7.3 Solar Power FiT
15.7.4 Contract for Difference
16 Solar PV Module Market, France
16.1 Solar PV Module Market, France, Overview
16.2 Solar PV Module Market, France, Annual Installations, 2010-2020
16.2.1 Solar PV Module Market, France, Annual Installations by Technology Type, 2010-2020
16.3 Solar PV Module Market, France, Production Volume, 2010-2015
16.3.1 Solar PV Module Market, France, Production Share by Technology Type, 2010-2015
16.4 Solar PV Module Market, France, Average Module Price by Technology Type, 2010-2020
16.5 Solar PV Module Market, France, Market Value by Technology Type, 2010-2020
16.6 Solar PV Module Market, France, Competitive Landscape
16.6.1 Solar PV Module Market, France, c-Si Market Share by Company, 2015
16.7 Solar PV Market, France, Regulations, 2015
16.7.1 National Strategy for Research and Development in the Field of Energy
16.7.2 Government Crediting and Loan Guarantee for Energy Efficiency and Renewable Energy Investment - FOGIME
16.7.3 Reduction in VAT for Renewable Energy Projects
16.7.4 Renewable Energy Sources and Green Chemistry Program
16.7.5 Tax Credit
16.7.6 Feed-in Tariff for Solar
16.7.7 France Renewable Energy, Targets
17 Appendix
17.1 Definitions
17.1.1 Power
17.1.2 Installed Capacity
17.1.3 Electricity Generation
17.1.4 Electricity Consumption
17.1.5 Renewable Energy Resources
17.2 Abbreviations
17.3 Bibliography
17.4 Disclaimer
1.1 List of Tables
Table 1: Solar PV Module Market, Global, Annual Installations (GW), 2010-2020
Table 2: Solar PV Module Market, Global, Annual Installation Share by Technology Type, 2010-2020
Table 3: Solar PV Module Market, Global, Production Volume (GW), 2010-2015
Table 4: Solar PV Module Market, Global, Production Volume in GW and % share by Technology Type, 2010-2015
Table 5: Solar PV Module Market, Global, Average Module Price ($/W) by Technology Type, 2010-2020
Table 6: Solar PV Module Market, Global, Market Value in $bn and % Share by Technology Type , 2010-2020
Table 7: Solar PV Module Market, Global, Share of Top Manufacturers (%), 2015
Table 8: Solar PV Module Market, Global, c-Si Module Market Share by Company (%), 2015
Table 9: Solar PV Module Market, Global, Thin-Film Module Share by Company (%), 2015
Table 10: Solar PV Module Market, Global, Installed Capacity by Region (MW), 2015
Table 11: Solar PV Module Market, Global, Production Share by Region, 2015
Table 12: Solar PV Module Market, Global, Installed Capacity by Country, 2015
Table 13: Solar PV Module Market, Global, c-Si Production Share by Country, 2015
Table 14: Solar PV Module Market, Global, Thin-Film Production by Country, 2015
Table 15: Carbon Emissions from Energy Consumption, Global (mt), 2001-2015
Table 16: Solar PV Market, Global, Major Support Mechanisms by Country, as of 2016
Table 17: Solar PV Market, Global and Key Regions, Average System Price ($/kW), 2007-2015
Table 18: Solar PV Module Market, China, Annual Installations (GW), 2010-2020
Table 19: Solar PV Module Market, China, Annual Installation Share by Type, 2010-2020
Table 20: Solar PV Module Market, China, Production Volume (GW), 2010-2015
Table 21: Solar PV Module Market, China, Production Share by Technology Type, 2010-2015
Table 22: Solar PV Module Market, China, Average Module Price by Technology Type ($/W), 2010-2020
Table 23: Solar PV Module Market, China, Market Value by Technology Type, 2010-2020
Table 24: Solar PV Module Market, China, c-Si Market Share by Company (%), 2015
Table 25: Solar PV Module Market, China, Thin-Film Market Share by Company (%), 2015
Table 26: Solar PV Market, China, Feed-in Tariffs in Major Provinces, 2015
Table 27: Solar PV Module Market, India, Annual Installations (GW), 2010-2020
Table 28: Solar PV Module Market, India, Annual Installations by Module type, 2010-2020
Table 29: Solar PV Module Market, India, Production Volume (GW), 2010-2015
Table 30: Solar PV Module Market, India, Production Share by Type, 2010-2015
Table 31: Solar PV Module Market, India, Average Module Price by Technology Type ($/W), 2010-2020
Table 32: Solar PV Module Market, India, Market Value by Technology Type, 2010-2020
Table 33: Solar PV Module Market, India, c-Si Market Share by Company (%), 2015
Table 34:Renewable Energy Certificate Volume, India, 2014-2015
Table 35: National Solar Mission, India, Phase Targets, 2010-2022
Table 36: Solar PV Net-metering Tariffs, India, 2016
Table 37: State Feed-in Tariff Details for Solar Power Plants by Technology, 2012
Table 38: Solar PV Market, India, Feed-in Tariffs, 2015
Table 39: Solar Power Market, India, Solar Cities Program, State List of 48 Cities with “In-Principle” Approval, 2011
Table 40: Solar PV Module Market, Japan, Annual Installations (GW), 2010-2020
Table 41: Solar PV Module Market, Japan, Annual Installation Share by Type, 2010-2020
Table 42: Solar PV Module Market, Japan, Production Volume (GW), 2010-2015
Table 43: Solar PV Module Market, Japan, Production Share by Type, 2010-2015
Table 44: Solar PV Module Market, Japan, Average Module Price by Technology Type ($/W), 2010-2020
Table 45: Solar PV Module Market, Japan, Market Value by Technology Type, 2010-2020
Table 46: Solar PV Module Market, Japan, c-Si Market Share by Company (%), 2015
Table 47: Solar PV Module Market, Japan, Thin-Film Market Share by Company (%), 2015
Table 48: Renewable Energy Feed-in Tariffs, Japan, 2016
Table 49: Solar PV Module Market, Australia, Installed Capacity (MW), 2010-2020
Table 50: Solar PV Module Market, Australia, Annual Installation Share by Type, 2010-2020
Table 51: Solar PV Module Market, Australia, Production Volume (MW), 2010-2015
Table 52: Solar PV Module Market, Australia, Average Module Price by Technology Type ($/W), 2010-2020
Table 53: Solar PV Module Market, Australia, Market Value by Technology Type, 2010-2020
Table 54: Solar PV Module Market, US, Annual Installations (GW), 2010-2020
Table 55: Solar PV Module Market, US, Annual Installations by Module type, 2010-2020
Table 56: Solar PV Module Market, US, Production Volume (GW), 2010-2015
Table 57: Solar PV Module Market, US, Production Share by Technology Type, 2010-2015
Table 58: Solar PV Module Market, US, Average Module Price by Technology Type ($/W), 2010-2020
Table 59: Solar PV Module Market, US, Market Value by Technology Type, 2010-2020
Table 60: Solar PV Module Market, US, c-Si Market Share by Company (%), 2015
Table 61: Solar PV Module Market, US, Thin-Film Market Share by Company (%), 2015
Table 62: Renewable Energy Market, US, Production Tax Credit, 2015
Table 63: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025
Table 64: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016
Table 65: Solar PV Module Market, Canada, Annual Installations (GW), 2010-2020
Table 66: Solar PV Module Market, Canada, Annual Installation Share by Type, 2010-2020
Table 67: Solar PV Module Market, Canada, Production Volume (MW), 2010-2015
Table 68: Solar PV Module Market, Canada, Average Module Price by Technology Type ($/W), 2010-2020
Table 69: Solar PV Module Market, Canada, Market Value by Technology Type, 2010-2020
Table 70: Solar PV Module Market, Canada, c-Si Market Share by Company (%), 2015
Table 71: Feed-in Tariffs, Ontario, as of Dec 2016 (For Application not Issued Approval Notice prior to January 1, 2017 - 2017 FiT Price Schedule)
Table 72: Additional Price Incentives on Feed-in Tariff, Ontario, 2016
Table 73: Solar PV Module Market, Germany, Annual Installations (GW), 2010-2020
Table 74: Solar PV Module Market, Germany, Annual Installation Share by Type, 2010-2020
Table 75: Solar PV Module Market, Germany, Production Volume (GW), 2010-2015
Table 76: Solar PV Module Market, Germany, Production by Technology Type, 2010-2015
Table 77: Solar PV Module Market, Germany, Average Module Price by Technology Type ($/W), 2010-2020
Table 78: Solar PV Module Market, Germany, Market Value by Type, 2010-2020
Table 79: Solar PV Module Market, Germany, c-Si Market Share by Company (%), 2015
Table 80: Solar PV Module Market, Germany, Thin-Film Market Share by Company (%), 2015
Table 81: Renewable Power Market, Germany, Expansion Corridor Targets, 2020-2050
Table 82: Renewable Power Market, Germany, Expansion Corridor Targets, 2020-2050
Table 83: Solar PV Module Market, Italy, Annual Installations (GW), 2010-2020
Table 84: Solar PV Module Market, Italy, Annual Installations by Module type, 2010-2020
Table 85: Solar PV Module Market, Italy, Production Volume (GW), 2010-2015
Table 86: Solar PV Module Market, Italy, Production Share by Type, 2010-2015
Table 87: Solar PV Module Market, Italy, Average Module Price by Technology Type ($/W), 2010-2020
Table 88: Solar PV Module Market, Italy, Market Value by Type, 2010-2020
Table 89: Solar PV Module Market, Italy, c-Si Market Share by Company (%), 2015
Table 90: Solar PV Module Market, Italy, Thin-Film Market Share by Company (%), 2015
Table 91: Solar PV Module Market, UK, Installed Capacity (MW), 2010-2020
Table 92: Solar PV Module Market, UK, Annual Installation Share by Type, 2010-2020
Table 93: Solar PV Module Market, UK, Production Volume (MW), 2010-2015
Table 94: Solar PV Module Market, UK, Average Module Price by Technology Type ($/W), 2010-2020
Table 95: Solar PV Module Market, UK, Market Value by Technology Type, 2010-2020
Table 96: Renewable Obligation, Technology Eligibility, UK, 2015
Table 97: Renewable Obligation (ROC/MWh), UK, 2009-2016
Table 98: Solar Power Feed-in Tariffs ($/kWh), UK, 2015-2016
Table 99: Solar PV Module Market, France, Installed Capacity (MW), 2010-2020
Table 100: Solar PV Module Market, France, Annual Installation Share by Type, 2010-2020
Table 101: Solar PV Module Market, France, Production Volume (MW), 2010-2015
Table 102: Solar PV Module Market, France, Average Module Price by Technology Type ($/W), 2010-2020
Table 103: Solar PV Module Market, France, Market Value by Technology Type, 2010-2020
Table 104: Renewable Energy Market, France, Solar PV Feed-in Tariffs, January 2015 to March 2015
Table 105: Abbreviations
1.2 List of Figures
Figure 1: Solar PV Module Market, Global, Annual Installations (GW), 2010-2020
Figure 2: Solar PV Module Market, Global, Annual Installation % Share by Technology Type, 2010-2020
Figure 3: Solar PV Module Market, Global, Production Volume (GW), 2010-2015
Figure 4: Solar PV Module Market, Global, Production Volume by Technology Type (GW), 2010-2015
Figure 5: Solar PV Module Market, Global, Production Volume by Technology Type (%), 2010-2015
Figure 6: Solar PV Module Market, Global, Average Module Price ($/W) by Technology Type, 2010-2020
Figure 7: Solar PV Module Market, Global, Market Value ($bn), 2010-2020
Figure 8: Solar PV Module Market, Global, Market Value by Technology Type ($bn), 2010-2020
Figure 9: Solar PV Module Market, Global, % Share by Technology Type, 2010-2020
Figure 10: Solar PV Module Market, Global, c-Si Module Market Share by Company (%), 2015
Figure 11: Solar PV Module Market, Global, Thin-Film Module Market Share by Company (%), 2015
Figure 12: Solar PV Module Market, Global, Installed Capacity by Region (%), 2015
Figure 13: Solar PV Module Market, Global, Production by Region (%), 2015
Figure 14: Solar PV Module Market, Global, c-Si Installed Capacity by Country (%), 2015
Figure 15: Solar PV Module Market, Global, Thin-Film Installed Capacity by Country (%), 2015
Figure 16: Solar PV Module Market, Global, c-Si Production by Country (%), 2015
Figure 17: Solar PV Module Market, Global, Thin-Film Production (%) by Country, 2015
Figure 18: Carbon Emissions from Energy Consumption, Global (mt), 2001-2015
Figure 19: Solar PV Market, Global and Key Regions, Average System Price ($/kW), 2007-2015
Figure 20: Solar PV Module Market, China, Annual Installations (GW), 2010-2020
Figure 21: Solar PV Module Market, China, Annual Installation by Technology Type(%), 2010-2020
Figure 22: Solar PV Module Market, China, Production Volume (GW), 2010-2015
Figure 23: Solar PV Module Market, China, Production Volume by Technology Type (GW), 2010-2015
Figure 24: Solar PV Module Market, China, Production Volume (%), 2010-2015
Figure 25: Solar PV Module Market, China, Average Module Price by Technology Type ($/W), 2010-2020
Figure 26: Solar PV Module Market, China, Market Value ($bn), 2010-2020
Figure 27: Solar PV Module Market, China, Market Value by Technology Type ($bn), 2010-2020
Figure 28: Solar PV Module Market, China, Market Value (%), 2010-2020
Figure 29: Solar PV Module Market, China, c-Si Market Share by Company (%), 2015
Figure 30: Solar PV Module Market, China, Thin-Film Market Share by Company (%), 2015
Figure 31: Solar PV Module Market, India, Annual Installations (GW), 2010-2020
Figure 32: Solar PV Module Market, India, Annual Installation by Technology Type (%), 2010-2020
Figure 33: Solar PV Module Market, India, Production Volume (GW), 2010-2015
Figure 34: Solar PV Module Market, India, Production Volume by Technology Type (GW), 2010-2015
Figure 35: Solar PV Module Market, India, Production by Technology Type (%), 2010-2015
Figure 36: Solar PV Module Market, India, Average Module Price by Technology Type ($/W), 2010-2020
Figure 37: Solar PV Module Market, India, Market Value ($bn), 2010-2020
Figure 38: Solar PV Module Market, India, Market Value by Technology Type ($bn), 2010-2020
Figure 39: Solar PV Module Market, India, Market Value by Technology Type (%), 2010-2020
Figure 40: Solar PV Module Market, India, c-Si Market Share by Company (%), 2015
Figure 41: Solar PV Module Market, Japan, Annual Installations (GW), 2010-2020
Figure 42: Solar PV Module Market, Japan, Annual Installation Share (%) by Technology Type, 2010-2020
Figure 43: Solar PV Module Market, Japan, Production Volume (GW), 2010-2015
Figure 44: Solar PV Module Market, Japan, Production Volume by Technology Type (GW), 2010-2015
Figure 45: Solar PV Module Market, Japan, Production Share (%) by Technology Type, 2010-2015
Figure 46: Solar PV Module Market, Japan, Average Module Price by Technology Type ($/W), 2010-2020
Figure 47: Solar PV Module Market, Japan, Market Value ($bn), 2010-2020
Figure 48: Solar PV Module Market, Japan, Market Value by Technology Type ($bn), 2010-2020
Figure 49: Solar PV Module Market, Japan, Market Value (%) by Technology Type, 2010-2020
Figure 50: Solar PV Module Market, Japan, c-Si Market Share by Company (%), 2015
Figure 51: Solar PV Module Market, Japan, Thin-Film Market Share by Company (%), 2015
Figure 52: Solar PV Module Market, Australia, Installed Capacity (MW), 2010-2020
Figure 53: Solar PV Module Market, Australia, Annual Installation (%) by Technology Type, 2010-2020
Figure 54: Solar PV Module Market, Australia, Production Volume (MW), 2010-2015
Figure 55: Solar PV Module Market, Australia, Average Module Price by Technology Type ($/W), 2010-2020
Figure 56: Solar PV Module Market, Australia, Market Value ($m), 2010-2020
Figure 57: Solar PV Module Market, Australia, Market Value by Technology Type ($m), 2010-2020
Figure 58: Solar PV Module Market, Australia, Market Share (%), 2010-2020
Figure 59: Solar PV Module Market, US, Annual Installations (GW), 2010-2020
Figure 60: Solar PV Module Market, US, Annual Installation by Technology Type (%), 2010-2020
Figure 61: Solar PV Module Market, US, Production Volume (GW), 2010-2015
Figure 62: Solar PV Module Market, US, Production Volume by Technology Type (GW), 2010-2015
Figure 63: Solar PV Module Market, US, Production Share (%) by Technology Type, 2010-2015
Figure 64: Solar PV Module Market, US, Average Module Price by Technology Type ($/W), 2010-2020
Figure 65: Solar PV Module Market, US, Market Value $bn), 2010-2020
Figure 66: Solar PV Module Market, US, Market Value by Technology Type ($bn), 2010-2020
Figure 67: Solar PV Module Market, US, Market Share (%) by Technology Type, 2010-2020
Figure 68: Solar PV Module Market, US, c-Si Market Share by Company (%), 2015
Figure 69: Solar PV Module Market, US, Thin-Film Market Share by Company (%), 2015
Figure 70: Solar PV Module Market, Canada, Annual Installations (GW), 2010-2020
Figure 71: Solar PV Module Market, Canada, Annual Installation (%) by Technology Type, 2010-2020
Figure 72: Solar PV Module Market, Canada, Production Volume (MW), 2010-2015
Figure 73: Solar PV Module Market, Canada, Average Module Price by Technology Type ($/W), 2010-2020
Figure 74: Solar PV Module Market, Canada, Market Value ($bn), 2010-2020
Figure 75: Solar PV Module Market, Canada, Market Value by Technology Type ($bn), 2010-2020
Figure 76: Solar PV Module Market, Canada, Market Value (%) by Technology Type, 2010-2020
Figure 77: Solar PV Module Market, Canada, c-Si Market Share by Company (%), 2015
Figure 78: Solar PV Module Market, Germany, Annual Installations (GW), 2010-2020
Figure 79: Solar PV Module Market, Germany, Annual Installation (%) by Technology Type, 2010-2020
Figure 80: Solar PV Module Market, Germany, Production Volume (GW), 2010-2015
Figure 81: Solar PV Module Market, Germany, Production Volume by Technology Type (GW), 2010-2015
Figure 82: Solar PV Module Market, Germany, Production (%) by Technology Type, 2010-2015
Figure 83: Solar PV Module Market, Germany, Average Module Price by Technology Type ($/W), 2010-2020
Figure 84: Solar PV Module Market, Germany, Market Value ($bn), 2010-2020
Figure 85: Solar PV Module Market, Germany, Market Value by Technology Type ($bn), 2010-2020
Figure 86: Solar PV Module Market, Germany, Market Share by Technology Type (%), 2010-2020
Figure 87: Solar PV Module Market, Germany, c-Si Market Share by Company (%), 2015
Figure 88: Solar PV Module Market, Germany, Thin-Film Market Share by Company (%), 2015
Figure 89: Solar PV Module Market, Italy, Annual Installations (GW), 2010-2020
Figure 90: Solar PV Module Market, Italy, Annual Installation (%) by Technology Type, 2010-2020
Figure 91: Solar PV Module Market, Italy, Production Volume (GW), 2010-2015
Figure 92: Solar PV Module Market, Italy, Production Volume by Technology Type (GW), 2010-2015
Figure 93: Solar PV Module Market, Italy, Production (%) Technology Type, 2010-2015
Figure 94: Solar PV Module Market, Italy, Average Module Price by Technology Type ($/W), 2010-2020
Figure 95: Solar PV Module Market, Italy, Market Value ($bn), 2010-2020
Figure 96: Solar PV Module Market, Italy, Market Value by Technology Type ($bn), 2010-2020
Figure 97: Solar PV Module Market, Italy, Market Value (%) by Technology Type, 2010-2020
Figure 98: Solar PV Module Market, Italy, c-Si Market Share by Company (%), 2015
Figure 99: Solar PV Module Market, Italy, Thin-Film Market Share by Company (%), 2015
Figure 100: Solar PV Module Market, UK, Installed Capacity (MW), 2010-2020
Figure 101: Solar PV Module Market, UK, Annual Installation (%) by Technology Type, 2010-2020
Figure 102: Solar PV Module Market, UK, Production Volume (MW), 2010-2015
Figure 103: Solar PV Module Market, UK, Average Module Price by Technology Type ($/W), 2010-2020
Figure 104: Solar PV Module Market, UK, Market Value ($m), 2010-2020
Figure 105: Solar PV Module Market, UK, Market Value by Technology Type ($m), 2010-2020
Figure 106: Solar PV Module Market, UK, Market Value (%) by Technology Type, 2010-2020
Figure 107: Solar PV Module Market, France, Installed Capacity (MW), 2010-2020
Figure 108: Solar PV Module Market, France, Annual Installation (%) by Technology Type, 2010-2020
Figure 109: Solar PV Module Market, France, Production Volume (MW), 2010-2015
Figure 110: Solar PV Module Market, France, Average Module Price by Technology Type ($/W), 2010-2020
Figure 111: Solar PV Module Market, France, Market Value ($m), 2010-2020
Figure 112: Solar PV Module Market, France, Market Value by Technology Type ($m), 2010-2020
Figure 113: Solar PV Module Market, France, Market Share (%) by Technology Type, 2010-2020
1.2 List of Figures
2 Introduction
2.1 Solar Photovoltaic Technology
2.2 Types of Solar Modules
2.2.1 Crystalline Silicon (c-Si) Modules
2.2.2 Thin-Film Technology
2.3 Report Guidance
3 Solar PV Module Market, Global
3.1 Solar PV Module Market, Global, Overview
3.2 Solar PV Module Market, Global, Annual Installations, 2010-2020
3.2.1 Solar PV Module Market, Global, Annual Installations by Technology Type, 2010-2020
3.3 Solar PV Module Market, Global, Production Volume, 2010-2015
3.3.1 Solar PV Module Market, Global, Production Volume by Technology Type, 2010-2015
3.4 Solar PV Module Market, Global, Average Module Price by Technology Type, 2010-2020
3.5 Solar PV Module Market, Global, Market Value by Technology Type, 2010-2020
3.6 Solar PV Module Market, Global, Competitive Landscape
3.6.1 Solar PV Module Market, Global, Top Fifteen Manufacturers, 2015
3.6.2 Solar PV Module Market, Global, c-Si Module Market Share by Company, 2015
3.6.3 Solar PV Module Market, Global, Thin-Film Module Market Share by Company, 2015
3.7 Solar PV Module Market, Global, Regional Share
3.7.1 Solar PV Module Market, Global, Installed Capacity by Region, 2015
3.7.2 Solar PV Module Market, Global, Production by Region, 2015
3.8 Solar PV Module Market, Global, Country Share
3.8.1 Solar PV Module Market, Global, Installed Capacity Share by Country, 2015
3.8.2 Solar PV Module Market, Global, Production by Country, 2015
3.8.3 Solar PV Market, Global, Key Drivers
3.8.4 Solar PV Market, Global, Key Restraints
4 Solar PV Market, Asia-Pacific
5 Solar PV Module Market, China
5.1 Solar PV Module Market, China, Overview
5.2 Solar PV Module Market, China, Annual Installations, 2010-2020
5.2.1 Solar PV Module Market, China, Annual Installations by Technology Type, 2010-2020
5.3 Solar PV Module Market, China, Production Volume, 2010-2015
5.3.1 Solar PV Module Market, China, Production Share by Technology Type, 2010-2015
5.4 Solar PV Module Market, China, Average Module Price by Technology Type, 2010-2020
5.5 Solar PV Module Market, China, Market Value by Technology Type, 2010-2020
5.6 Solar PV Module Market, China, Competitive Landscape
5.6.1 Solar PV Module Market, China, c-Si by Company, 2015
5.6.2 Solar PV Module Market, China, Thin-film Market Share by Company, 2015
5.7 Solar PV Module Market, China, Regulations, 2015
5.7.1 Golden Sun Program
5.7.2 Building Integrated Photovoltaic Subsidy Program
5.7.3 Feed-in Tariffs for Solar Projects
5.7.4 Distributed Photovoltaic Power Generation Project
5.7.5 The Notice of the National Energy Administration and China Development Bank on Supporting the Financial Services to the Distributed Solar Photovoltaic Power Generation
5.7.6 Notice on the Effect of Price Leverage to Promote the Healthy Development of the Photovoltaic Industry
5.7.7 Subsidies for Solar Photovoltaic in Rural Areas
5.7.8 Research and Development Support for Solar PV
5.7.9 Solar Power Technology Development 12th Five-Year Special Plan
5.7.10 Shandong Province Energy Fund
5.7.11 Shandong Province Sunshine Plan
6 Solar PV Module Market, India
6.1 Solar PV Module Market, India, Overview
6.2 Solar PV Module Market, India, Annual Installations, 2010-2020
6.2.1 Solar PV Module Market, India, Annual Installations by technology Type, 2010-2020
6.3 Solar PV Module Market, India, Production Volume, 2010-2015
6.3.1 Solar PV Module Market, India, Production Share by Technology Type, 2010-2015
6.4 Solar PV Module Market, India, Average Module Price by Technology Type, 2010- 2020
6.5 Solar PV Module Market, India, Market Value by Technology Type, 2010-2020
6.6 Solar PV Module Market, India, Competitive Landscape
6.6.1 Solar PV Module Market, India, c-Si Market Share by Company, 2015
6.7 Solar PV Module Market, India, Regulations, 2015
6.7.1 Renewable Energy Certificates
6.7.2 Jawaharlal Nehru National Solar Mission
6.7.3 Net-metering
6.7.4 Uttar Pradesh Solar PV FiT
6.7.5 Generation-Based Incentives
6.7.6 Feed-in Tariffs
6.7.7 Semiconductor Policy
6.7.8 Demonstration and Promotion of Solar Photovoltaic Devices and Systems in Urban Areas and Industry
6.7.9 Development of Solar Cities Scheme
6.7.10 Energy Efficient Solar and Green Buildings Scheme
7 Solar PV Module Market, Japan
7.1 Solar PV Module Market, Japan, Overview
7.2 Solar PV Module Market, Japan, Annual Installations, 2010-2020
7.2.1 Solar PV Module Market, Japan, Annual Installations by Technology Type, 2010-2020
7.3 Solar PV Module Market, Japan, Production Volume, 2010-2015
7.3.1 Solar PV Module Market, Japan, Production Share by Technology Type, 2010-2015
7.4 Solar PV Module Market, Japan, Average Module Price by Technology Type, 2010-2020
7.5 Solar PV Module Market, Japan, Market Value by Technology Type, 2010-2020
7.6 Solar PV Module Market, Japan, Competitive Landscape
7.6.1 Solar PV Module Market, Japan, c-Si Market Share by Company, 2015
7.6.2 Solar PV Module Market, Japan, Thin-film Market Share by Company, 2015
7.7 Solar PV Module Market, Japan, Key Policy Initiatives
7.8 Solar PV Market, Japan, Regulations, 2015
7.8.1 Feed-in Tariffs for Renewable Energy
7.8.2 Green Investment Tax Credit
7.8.3 Solar Power in Government Office Buildings
7.8.4 Subsidy for Residential PV Systems
7.8.5 Fiscal and Tax Incentives for Solar Photovoltaic Generation
8 Solar PV Module Market, Australia
8.1 Solar PV Module Market, Australia, Overview
8.2 Solar PV Module Market, Australia, Annual Installations, 2010-2020
8.2.1 Solar PV Module Market, Australia, Annual Installations by Technology Type, 2010-2020
8.3 Solar PV Module Market, Australia, Production Volume, 2010-2015
8.3.1 Solar PV Module Market, Australia, Production Share by Technology Type, 2010-2015
8.4 Solar PV Module Market, Australia, Average Module Price by Technology Type, 2010-2020
8.5 Solar PV Module Market, Australia, Market Value by Technology Type, 2010-2020
8.6 Solar PV Module Market, Australia, Competitive Landscape
8.6.1 Solar PV Module Market, Australia, c-Si Market Share by Company, 2015
8.7 Solar PV Module Market, Australia, Regulations, 2015
8.7.1 Solar Cities Program
8.7.2 Collaboration on Building Solar Future
8.7.3 FiT
9 Solar PV Market, Americas
10 Solar PV Module Market, US
10.1 Solar PV Module Market, US, Overview
10.2 Solar PV Module Market, US, Annual Installations, 2010-2020
10.2.1 Solar PV Module Market, US, Annual Installations by Technology Type, 2010-2020
10.3 Solar PV Module Market, US, Production Volume, 2010-2015
10.3.1 Solar PV Module Market, US, Production Share by Technology Type, 2010-2015
10.4 Solar PV Module Market, US, Average Module Price by Technology Type, 2010-2020
10.5 Solar PV Module Market, US, Market Value by Technology Type, 2010-2020
10.6 Solar PV Module Market, US, Competitive Landscape
10.6.1 Solar PV Module Market, US, c-Si Market Share by Company, 2015
10.6.2 Solar PV Module Market, US, Thin-film Market Share by Company, 2015
10.7 Solar PV Market, US, Regulations, 2015
10.7.1 Investment Tax Credits
10.7.2 Energy Independence and Security Act, 2007
10.7.3 Energy Improvement and Extension Act, 2008
10.7.4 Investment Tax Credits
10.7.5 Manufacturing Tax Credit
10.7.6 Rural Energy for America Program: Grants
10.7.7 Modified Accelerated Cost Recovery System
10.7.8 Green Power Purchasing Goal
10.7.9 Residential Renewable Energy Tax Credit
10.7.10 Federal Initiatives for Solar Power
11 Solar PV Module Market, Canada
11.1 Solar PV Module Market, Canada, Overview
11.2 Solar PV Module Market, Canada, Annual Installations, 2010-2020
11.2.1 Solar PV Module Market, Canada, Annual Installations by Technology Type, 2010-2020
11.3 Solar PV Module Market, Canada, Production Volume, 2010-2015
11.3.1 Solar PV Module Market, Canada, Production Share by Technology Type, 2010-2015
11.4 Solar PV Module Market, Canada, Average Module Price by Technology Type, 2010-2020
11.5 Solar PV Module Market, Canada, Market Value by Technology Type, 2010-2020
11.6 Solar PV Module Market, Canada, Competitive Landscape
11.6.1 Solar PV Module Market, Canada, c-Si Market Share by Company, 2015
11.7 Solar PV Market, Canada, Regulations, 2015
11.7.1 Renewable Energy Policy Framework, Prince Edward Island
11.7.2 Renewable Energy Policy Framework, Nova Scotia
11.7.3 Net Metering, Quebec
11.7.4 Renewable Energy Policy Framework, Ontario
11.7.5 Financial Incentives and Policy Support for Solar PV
12 Solar PV Market, Europe
13 Solar PV Module Market, Germany
13.1 Solar PV Module Market, Germany, Overview
13.2 Solar PV Module Market, Germany, Annual Installations, 2010-2020
13.2.1 Solar PV Module Market, Germany, Annual Installations by Technology Type, 2010-2020
13.3 Solar PV Module Market, Germany, Production Volume, 2010-2015
13.3.1 Solar PV Module Market, Germany, Production by Technology Type, 2010-2015
13.4 Solar PV Module Market, Germany, Average Module Price by Technology Type, 2010-2020
13.5 Solar PV Module Market, Germany, Market Value by Technology Type, 2010-2020
13.6 Solar PV Module Market, Germany, Competitive Landscape
13.6.1 Solar PV Module Market, Germany, c-Si Market Share by Company, 2015
13.6.2 Solar PV Module Market, Germany, Thin-film Market Share by Company, 2015
13.7 Solar PV Market, Germany, Regulations, 2015
13.7.1 Renewable Energy Sources Act
13.7.2 Feed-in Tariff for Solar PV under EEG
13.7.3 Market Incentive Programme
13.7.4 Preferential Loan Programme offered by the Reconstruction Loan Corporation
13.7.5 KfW Renewable Energy Program
14 Solar PV Module Market, Italy
14.1 Solar PV Module Market, Italy, Overview
14.2 Solar PV Module Market, Italy, Annual Installations, 2010-2020
14.2.1 Solar PV Module Market, Italy, Annual Installations by Technology Type, 2010-2020
14.3 Solar PV Module Market, Italy, Production Volume, 2010-2015
14.3.1 Solar PV Module Market, Italy, Production Share by Technology Type, 2010-2015
14.4 Solar PV Module Market, Italy, Average Module Price by Technology Type, 2010-2020
14.5 Solar PV Module Market, Italy, Market Value by Technology Type, 2010-2020
14.6 Solar PV Module Market, Italy, Competitive Landscape
14.6.1 Solar PV Module Market, Italy, Crystalline Market Share by Company, 2015
14.6.2 Solar PV Module Market, Italy, Thin-film Market Share by Company, 2015
14.7 Solar PV Module Market, Italy, Regulations, 2015
15 Solar PV Module Market, UK
15.1 Solar PV Module Market, UK, Overview
15.2 Solar PV Module Market, UK, Annual Installations, 2010-2020
15.2.1 Solar PV Module Market, UK, Annual Installations by Technology Type, 2010-2020
15.3 Solar PV Module Market, UK, Production Volume, 2010-2015
15.3.1 Solar PV Module Market, UK, Production Share by Technology Type, 2010-2015
15.4 Solar PV Module Market, UK, Average Module Price by Technology Type, 2010- 2020
15.5 Solar PV Module Market, UK, Market Value by Technology Type, 2010-2020
15.6 Solar PV Module Market, UK, Competitive Landscape
15.6.1 Solar PV Module Market, UK, c-Si Market Share by Company, 2015
15.7 Solar PV Market, UK, Regulations, 2015
15.7.1 Renewable Energy Strategy 2009
15.7.2 Renewable Obligation Order
15.7.3 Solar Power FiT
15.7.4 Contract for Difference
16 Solar PV Module Market, France
16.1 Solar PV Module Market, France, Overview
16.2 Solar PV Module Market, France, Annual Installations, 2010-2020
16.2.1 Solar PV Module Market, France, Annual Installations by Technology Type, 2010-2020
16.3 Solar PV Module Market, France, Production Volume, 2010-2015
16.3.1 Solar PV Module Market, France, Production Share by Technology Type, 2010-2015
16.4 Solar PV Module Market, France, Average Module Price by Technology Type, 2010-2020
16.5 Solar PV Module Market, France, Market Value by Technology Type, 2010-2020
16.6 Solar PV Module Market, France, Competitive Landscape
16.6.1 Solar PV Module Market, France, c-Si Market Share by Company, 2015
16.7 Solar PV Market, France, Regulations, 2015
16.7.1 National Strategy for Research and Development in the Field of Energy
16.7.2 Government Crediting and Loan Guarantee for Energy Efficiency and Renewable Energy Investment - FOGIME
16.7.3 Reduction in VAT for Renewable Energy Projects
16.7.4 Renewable Energy Sources and Green Chemistry Program
16.7.5 Tax Credit
16.7.6 Feed-in Tariff for Solar
16.7.7 France Renewable Energy, Targets
17 Appendix
17.1 Definitions
17.1.1 Power
17.1.2 Installed Capacity
17.1.3 Electricity Generation
17.1.4 Electricity Consumption
17.1.5 Renewable Energy Resources
17.2 Abbreviations
17.3 Bibliography
17.4 Disclaimer
1.1 List of Tables
Table 1: Solar PV Module Market, Global, Annual Installations (GW), 2010-2020
Table 2: Solar PV Module Market, Global, Annual Installation Share by Technology Type, 2010-2020
Table 3: Solar PV Module Market, Global, Production Volume (GW), 2010-2015
Table 4: Solar PV Module Market, Global, Production Volume in GW and % share by Technology Type, 2010-2015
Table 5: Solar PV Module Market, Global, Average Module Price ($/W) by Technology Type, 2010-2020
Table 6: Solar PV Module Market, Global, Market Value in $bn and % Share by Technology Type , 2010-2020
Table 7: Solar PV Module Market, Global, Share of Top Manufacturers (%), 2015
Table 8: Solar PV Module Market, Global, c-Si Module Market Share by Company (%), 2015
Table 9: Solar PV Module Market, Global, Thin-Film Module Share by Company (%), 2015
Table 10: Solar PV Module Market, Global, Installed Capacity by Region (MW), 2015
Table 11: Solar PV Module Market, Global, Production Share by Region, 2015
Table 12: Solar PV Module Market, Global, Installed Capacity by Country, 2015
Table 13: Solar PV Module Market, Global, c-Si Production Share by Country, 2015
Table 14: Solar PV Module Market, Global, Thin-Film Production by Country, 2015
Table 15: Carbon Emissions from Energy Consumption, Global (mt), 2001-2015
Table 16: Solar PV Market, Global, Major Support Mechanisms by Country, as of 2016
Table 17: Solar PV Market, Global and Key Regions, Average System Price ($/kW), 2007-2015
Table 18: Solar PV Module Market, China, Annual Installations (GW), 2010-2020
Table 19: Solar PV Module Market, China, Annual Installation Share by Type, 2010-2020
Table 20: Solar PV Module Market, China, Production Volume (GW), 2010-2015
Table 21: Solar PV Module Market, China, Production Share by Technology Type, 2010-2015
Table 22: Solar PV Module Market, China, Average Module Price by Technology Type ($/W), 2010-2020
Table 23: Solar PV Module Market, China, Market Value by Technology Type, 2010-2020
Table 24: Solar PV Module Market, China, c-Si Market Share by Company (%), 2015
Table 25: Solar PV Module Market, China, Thin-Film Market Share by Company (%), 2015
Table 26: Solar PV Market, China, Feed-in Tariffs in Major Provinces, 2015
Table 27: Solar PV Module Market, India, Annual Installations (GW), 2010-2020
Table 28: Solar PV Module Market, India, Annual Installations by Module type, 2010-2020
Table 29: Solar PV Module Market, India, Production Volume (GW), 2010-2015
Table 30: Solar PV Module Market, India, Production Share by Type, 2010-2015
Table 31: Solar PV Module Market, India, Average Module Price by Technology Type ($/W), 2010-2020
Table 32: Solar PV Module Market, India, Market Value by Technology Type, 2010-2020
Table 33: Solar PV Module Market, India, c-Si Market Share by Company (%), 2015
Table 34:Renewable Energy Certificate Volume, India, 2014-2015
Table 35: National Solar Mission, India, Phase Targets, 2010-2022
Table 36: Solar PV Net-metering Tariffs, India, 2016
Table 37: State Feed-in Tariff Details for Solar Power Plants by Technology, 2012
Table 38: Solar PV Market, India, Feed-in Tariffs, 2015
Table 39: Solar Power Market, India, Solar Cities Program, State List of 48 Cities with “In-Principle” Approval, 2011
Table 40: Solar PV Module Market, Japan, Annual Installations (GW), 2010-2020
Table 41: Solar PV Module Market, Japan, Annual Installation Share by Type, 2010-2020
Table 42: Solar PV Module Market, Japan, Production Volume (GW), 2010-2015
Table 43: Solar PV Module Market, Japan, Production Share by Type, 2010-2015
Table 44: Solar PV Module Market, Japan, Average Module Price by Technology Type ($/W), 2010-2020
Table 45: Solar PV Module Market, Japan, Market Value by Technology Type, 2010-2020
Table 46: Solar PV Module Market, Japan, c-Si Market Share by Company (%), 2015
Table 47: Solar PV Module Market, Japan, Thin-Film Market Share by Company (%), 2015
Table 48: Renewable Energy Feed-in Tariffs, Japan, 2016
Table 49: Solar PV Module Market, Australia, Installed Capacity (MW), 2010-2020
Table 50: Solar PV Module Market, Australia, Annual Installation Share by Type, 2010-2020
Table 51: Solar PV Module Market, Australia, Production Volume (MW), 2010-2015
Table 52: Solar PV Module Market, Australia, Average Module Price by Technology Type ($/W), 2010-2020
Table 53: Solar PV Module Market, Australia, Market Value by Technology Type, 2010-2020
Table 54: Solar PV Module Market, US, Annual Installations (GW), 2010-2020
Table 55: Solar PV Module Market, US, Annual Installations by Module type, 2010-2020
Table 56: Solar PV Module Market, US, Production Volume (GW), 2010-2015
Table 57: Solar PV Module Market, US, Production Share by Technology Type, 2010-2015
Table 58: Solar PV Module Market, US, Average Module Price by Technology Type ($/W), 2010-2020
Table 59: Solar PV Module Market, US, Market Value by Technology Type, 2010-2020
Table 60: Solar PV Module Market, US, c-Si Market Share by Company (%), 2015
Table 61: Solar PV Module Market, US, Thin-Film Market Share by Company (%), 2015
Table 62: Renewable Energy Market, US, Production Tax Credit, 2015
Table 63: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025
Table 64: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016
Table 65: Solar PV Module Market, Canada, Annual Installations (GW), 2010-2020
Table 66: Solar PV Module Market, Canada, Annual Installation Share by Type, 2010-2020
Table 67: Solar PV Module Market, Canada, Production Volume (MW), 2010-2015
Table 68: Solar PV Module Market, Canada, Average Module Price by Technology Type ($/W), 2010-2020
Table 69: Solar PV Module Market, Canada, Market Value by Technology Type, 2010-2020
Table 70: Solar PV Module Market, Canada, c-Si Market Share by Company (%), 2015
Table 71: Feed-in Tariffs, Ontario, as of Dec 2016 (For Application not Issued Approval Notice prior to January 1, 2017 - 2017 FiT Price Schedule)
Table 72: Additional Price Incentives on Feed-in Tariff, Ontario, 2016
Table 73: Solar PV Module Market, Germany, Annual Installations (GW), 2010-2020
Table 74: Solar PV Module Market, Germany, Annual Installation Share by Type, 2010-2020
Table 75: Solar PV Module Market, Germany, Production Volume (GW), 2010-2015
Table 76: Solar PV Module Market, Germany, Production by Technology Type, 2010-2015
Table 77: Solar PV Module Market, Germany, Average Module Price by Technology Type ($/W), 2010-2020
Table 78: Solar PV Module Market, Germany, Market Value by Type, 2010-2020
Table 79: Solar PV Module Market, Germany, c-Si Market Share by Company (%), 2015
Table 80: Solar PV Module Market, Germany, Thin-Film Market Share by Company (%), 2015
Table 81: Renewable Power Market, Germany, Expansion Corridor Targets, 2020-2050
Table 82: Renewable Power Market, Germany, Expansion Corridor Targets, 2020-2050
Table 83: Solar PV Module Market, Italy, Annual Installations (GW), 2010-2020
Table 84: Solar PV Module Market, Italy, Annual Installations by Module type, 2010-2020
Table 85: Solar PV Module Market, Italy, Production Volume (GW), 2010-2015
Table 86: Solar PV Module Market, Italy, Production Share by Type, 2010-2015
Table 87: Solar PV Module Market, Italy, Average Module Price by Technology Type ($/W), 2010-2020
Table 88: Solar PV Module Market, Italy, Market Value by Type, 2010-2020
Table 89: Solar PV Module Market, Italy, c-Si Market Share by Company (%), 2015
Table 90: Solar PV Module Market, Italy, Thin-Film Market Share by Company (%), 2015
Table 91: Solar PV Module Market, UK, Installed Capacity (MW), 2010-2020
Table 92: Solar PV Module Market, UK, Annual Installation Share by Type, 2010-2020
Table 93: Solar PV Module Market, UK, Production Volume (MW), 2010-2015
Table 94: Solar PV Module Market, UK, Average Module Price by Technology Type ($/W), 2010-2020
Table 95: Solar PV Module Market, UK, Market Value by Technology Type, 2010-2020
Table 96: Renewable Obligation, Technology Eligibility, UK, 2015
Table 97: Renewable Obligation (ROC/MWh), UK, 2009-2016
Table 98: Solar Power Feed-in Tariffs ($/kWh), UK, 2015-2016
Table 99: Solar PV Module Market, France, Installed Capacity (MW), 2010-2020
Table 100: Solar PV Module Market, France, Annual Installation Share by Type, 2010-2020
Table 101: Solar PV Module Market, France, Production Volume (MW), 2010-2015
Table 102: Solar PV Module Market, France, Average Module Price by Technology Type ($/W), 2010-2020
Table 103: Solar PV Module Market, France, Market Value by Technology Type, 2010-2020
Table 104: Renewable Energy Market, France, Solar PV Feed-in Tariffs, January 2015 to March 2015
Table 105: Abbreviations
1.2 List of Figures
Figure 1: Solar PV Module Market, Global, Annual Installations (GW), 2010-2020
Figure 2: Solar PV Module Market, Global, Annual Installation % Share by Technology Type, 2010-2020
Figure 3: Solar PV Module Market, Global, Production Volume (GW), 2010-2015
Figure 4: Solar PV Module Market, Global, Production Volume by Technology Type (GW), 2010-2015
Figure 5: Solar PV Module Market, Global, Production Volume by Technology Type (%), 2010-2015
Figure 6: Solar PV Module Market, Global, Average Module Price ($/W) by Technology Type, 2010-2020
Figure 7: Solar PV Module Market, Global, Market Value ($bn), 2010-2020
Figure 8: Solar PV Module Market, Global, Market Value by Technology Type ($bn), 2010-2020
Figure 9: Solar PV Module Market, Global, % Share by Technology Type, 2010-2020
Figure 10: Solar PV Module Market, Global, c-Si Module Market Share by Company (%), 2015
Figure 11: Solar PV Module Market, Global, Thin-Film Module Market Share by Company (%), 2015
Figure 12: Solar PV Module Market, Global, Installed Capacity by Region (%), 2015
Figure 13: Solar PV Module Market, Global, Production by Region (%), 2015
Figure 14: Solar PV Module Market, Global, c-Si Installed Capacity by Country (%), 2015
Figure 15: Solar PV Module Market, Global, Thin-Film Installed Capacity by Country (%), 2015
Figure 16: Solar PV Module Market, Global, c-Si Production by Country (%), 2015
Figure 17: Solar PV Module Market, Global, Thin-Film Production (%) by Country, 2015
Figure 18: Carbon Emissions from Energy Consumption, Global (mt), 2001-2015
Figure 19: Solar PV Market, Global and Key Regions, Average System Price ($/kW), 2007-2015
Figure 20: Solar PV Module Market, China, Annual Installations (GW), 2010-2020
Figure 21: Solar PV Module Market, China, Annual Installation by Technology Type(%), 2010-2020
Figure 22: Solar PV Module Market, China, Production Volume (GW), 2010-2015
Figure 23: Solar PV Module Market, China, Production Volume by Technology Type (GW), 2010-2015
Figure 24: Solar PV Module Market, China, Production Volume (%), 2010-2015
Figure 25: Solar PV Module Market, China, Average Module Price by Technology Type ($/W), 2010-2020
Figure 26: Solar PV Module Market, China, Market Value ($bn), 2010-2020
Figure 27: Solar PV Module Market, China, Market Value by Technology Type ($bn), 2010-2020
Figure 28: Solar PV Module Market, China, Market Value (%), 2010-2020
Figure 29: Solar PV Module Market, China, c-Si Market Share by Company (%), 2015
Figure 30: Solar PV Module Market, China, Thin-Film Market Share by Company (%), 2015
Figure 31: Solar PV Module Market, India, Annual Installations (GW), 2010-2020
Figure 32: Solar PV Module Market, India, Annual Installation by Technology Type (%), 2010-2020
Figure 33: Solar PV Module Market, India, Production Volume (GW), 2010-2015
Figure 34: Solar PV Module Market, India, Production Volume by Technology Type (GW), 2010-2015
Figure 35: Solar PV Module Market, India, Production by Technology Type (%), 2010-2015
Figure 36: Solar PV Module Market, India, Average Module Price by Technology Type ($/W), 2010-2020
Figure 37: Solar PV Module Market, India, Market Value ($bn), 2010-2020
Figure 38: Solar PV Module Market, India, Market Value by Technology Type ($bn), 2010-2020
Figure 39: Solar PV Module Market, India, Market Value by Technology Type (%), 2010-2020
Figure 40: Solar PV Module Market, India, c-Si Market Share by Company (%), 2015
Figure 41: Solar PV Module Market, Japan, Annual Installations (GW), 2010-2020
Figure 42: Solar PV Module Market, Japan, Annual Installation Share (%) by Technology Type, 2010-2020
Figure 43: Solar PV Module Market, Japan, Production Volume (GW), 2010-2015
Figure 44: Solar PV Module Market, Japan, Production Volume by Technology Type (GW), 2010-2015
Figure 45: Solar PV Module Market, Japan, Production Share (%) by Technology Type, 2010-2015
Figure 46: Solar PV Module Market, Japan, Average Module Price by Technology Type ($/W), 2010-2020
Figure 47: Solar PV Module Market, Japan, Market Value ($bn), 2010-2020
Figure 48: Solar PV Module Market, Japan, Market Value by Technology Type ($bn), 2010-2020
Figure 49: Solar PV Module Market, Japan, Market Value (%) by Technology Type, 2010-2020
Figure 50: Solar PV Module Market, Japan, c-Si Market Share by Company (%), 2015
Figure 51: Solar PV Module Market, Japan, Thin-Film Market Share by Company (%), 2015
Figure 52: Solar PV Module Market, Australia, Installed Capacity (MW), 2010-2020
Figure 53: Solar PV Module Market, Australia, Annual Installation (%) by Technology Type, 2010-2020
Figure 54: Solar PV Module Market, Australia, Production Volume (MW), 2010-2015
Figure 55: Solar PV Module Market, Australia, Average Module Price by Technology Type ($/W), 2010-2020
Figure 56: Solar PV Module Market, Australia, Market Value ($m), 2010-2020
Figure 57: Solar PV Module Market, Australia, Market Value by Technology Type ($m), 2010-2020
Figure 58: Solar PV Module Market, Australia, Market Share (%), 2010-2020
Figure 59: Solar PV Module Market, US, Annual Installations (GW), 2010-2020
Figure 60: Solar PV Module Market, US, Annual Installation by Technology Type (%), 2010-2020
Figure 61: Solar PV Module Market, US, Production Volume (GW), 2010-2015
Figure 62: Solar PV Module Market, US, Production Volume by Technology Type (GW), 2010-2015
Figure 63: Solar PV Module Market, US, Production Share (%) by Technology Type, 2010-2015
Figure 64: Solar PV Module Market, US, Average Module Price by Technology Type ($/W), 2010-2020
Figure 65: Solar PV Module Market, US, Market Value $bn), 2010-2020
Figure 66: Solar PV Module Market, US, Market Value by Technology Type ($bn), 2010-2020
Figure 67: Solar PV Module Market, US, Market Share (%) by Technology Type, 2010-2020
Figure 68: Solar PV Module Market, US, c-Si Market Share by Company (%), 2015
Figure 69: Solar PV Module Market, US, Thin-Film Market Share by Company (%), 2015
Figure 70: Solar PV Module Market, Canada, Annual Installations (GW), 2010-2020
Figure 71: Solar PV Module Market, Canada, Annual Installation (%) by Technology Type, 2010-2020
Figure 72: Solar PV Module Market, Canada, Production Volume (MW), 2010-2015
Figure 73: Solar PV Module Market, Canada, Average Module Price by Technology Type ($/W), 2010-2020
Figure 74: Solar PV Module Market, Canada, Market Value ($bn), 2010-2020
Figure 75: Solar PV Module Market, Canada, Market Value by Technology Type ($bn), 2010-2020
Figure 76: Solar PV Module Market, Canada, Market Value (%) by Technology Type, 2010-2020
Figure 77: Solar PV Module Market, Canada, c-Si Market Share by Company (%), 2015
Figure 78: Solar PV Module Market, Germany, Annual Installations (GW), 2010-2020
Figure 79: Solar PV Module Market, Germany, Annual Installation (%) by Technology Type, 2010-2020
Figure 80: Solar PV Module Market, Germany, Production Volume (GW), 2010-2015
Figure 81: Solar PV Module Market, Germany, Production Volume by Technology Type (GW), 2010-2015
Figure 82: Solar PV Module Market, Germany, Production (%) by Technology Type, 2010-2015
Figure 83: Solar PV Module Market, Germany, Average Module Price by Technology Type ($/W), 2010-2020
Figure 84: Solar PV Module Market, Germany, Market Value ($bn), 2010-2020
Figure 85: Solar PV Module Market, Germany, Market Value by Technology Type ($bn), 2010-2020
Figure 86: Solar PV Module Market, Germany, Market Share by Technology Type (%), 2010-2020
Figure 87: Solar PV Module Market, Germany, c-Si Market Share by Company (%), 2015
Figure 88: Solar PV Module Market, Germany, Thin-Film Market Share by Company (%), 2015
Figure 89: Solar PV Module Market, Italy, Annual Installations (GW), 2010-2020
Figure 90: Solar PV Module Market, Italy, Annual Installation (%) by Technology Type, 2010-2020
Figure 91: Solar PV Module Market, Italy, Production Volume (GW), 2010-2015
Figure 92: Solar PV Module Market, Italy, Production Volume by Technology Type (GW), 2010-2015
Figure 93: Solar PV Module Market, Italy, Production (%) Technology Type, 2010-2015
Figure 94: Solar PV Module Market, Italy, Average Module Price by Technology Type ($/W), 2010-2020
Figure 95: Solar PV Module Market, Italy, Market Value ($bn), 2010-2020
Figure 96: Solar PV Module Market, Italy, Market Value by Technology Type ($bn), 2010-2020
Figure 97: Solar PV Module Market, Italy, Market Value (%) by Technology Type, 2010-2020
Figure 98: Solar PV Module Market, Italy, c-Si Market Share by Company (%), 2015
Figure 99: Solar PV Module Market, Italy, Thin-Film Market Share by Company (%), 2015
Figure 100: Solar PV Module Market, UK, Installed Capacity (MW), 2010-2020
Figure 101: Solar PV Module Market, UK, Annual Installation (%) by Technology Type, 2010-2020
Figure 102: Solar PV Module Market, UK, Production Volume (MW), 2010-2015
Figure 103: Solar PV Module Market, UK, Average Module Price by Technology Type ($/W), 2010-2020
Figure 104: Solar PV Module Market, UK, Market Value ($m), 2010-2020
Figure 105: Solar PV Module Market, UK, Market Value by Technology Type ($m), 2010-2020
Figure 106: Solar PV Module Market, UK, Market Value (%) by Technology Type, 2010-2020
Figure 107: Solar PV Module Market, France, Installed Capacity (MW), 2010-2020
Figure 108: Solar PV Module Market, France, Annual Installation (%) by Technology Type, 2010-2020
Figure 109: Solar PV Module Market, France, Production Volume (MW), 2010-2015
Figure 110: Solar PV Module Market, France, Average Module Price by Technology Type ($/W), 2010-2020
Figure 111: Solar PV Module Market, France, Market Value ($m), 2010-2020
Figure 112: Solar PV Module Market, France, Market Value by Technology Type ($m), 2010-2020
Figure 113: Solar PV Module Market, France, Market Share (%) by Technology Type, 2010-2020
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Solar PV module market set to decline despite significant capacity addition by 2020.
Solar Photovoltaic (PV) module annual installed capacity is set to increase gradually from 49.77 Gigawatts (GW) in 2015 to 69.86 GW by 2020, due to an increase in economies of scale, emerging technologies, and policy-based governmental and institutional support for the industry, according to research.
The company’s latest report states that PV module prices are estimated to dip further during the forecast period due to competitive market conditions. Despite an increase in module capacity additions, the global solar PV market will decline in value from $39.71 billion in 2016 to $33.43 billion in 2020. With minimal price differences between module suppliers, buyers are price sensitive, thus creating persistent price pressures.
Praveen Kumar Ama, the Analyst covering Power, explains: “With the year-on-year reduction in global module prices, the projects have less capital investment and have driven the solar power system installations on the whole.
“The crystalline silicon (c-Si) and thin-film modules have seen large price drops since 2010. The average price of a module was approximately $2.17 per watt and $1.99 per watt in 2010 for c-Si and thin-film modules, respectively. Module prices fell sharply in 2011 due to a production rush, leading to oversupply.
“Falling prices stabilized starting 2014 and reached $0.61 per watt and $0.60 per watt in 2015 for c-Si and thin-film module, respectively. This price is expected to fall further during the forecast period, reaching $0.48 per watt and $0.46 per watt for c-Si and thin-film module, respectively, by 2020.”
Growing environmental concern has been the key driver for renewable energy, as countries across the world have sought to achieve energy stability and independence, and to minimize their carbon footprints.
Ama continues: “Despite climate concerns, some countries have either rolled back incentive schemes or reduced the level of incentive, which has raised uncertainty over the profitability of solar projects. This may hamper the growth of solar installations worldwide. For instance, Feed-in Tariff (FiT) levels have been reduced in the UK and Japan. Japan has also proposed changes in its FiT structure, which will have a negative impact on the growth of the solar PV sector.”
- Comments provided by Praveen Kumar Ama, the Analyst covering Power.
- Information based on the report: Solar PV Module Market, Update 2016 - Global Market Size, Competitive Landscape and Key Country Analysis to 2020.
- This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by a team of industry experts.
Solar Photovoltaic (PV) module annual installed capacity is set to increase gradually from 49.77 Gigawatts (GW) in 2015 to 69.86 GW by 2020, due to an increase in economies of scale, emerging technologies, and policy-based governmental and institutional support for the industry, according to research.
The company’s latest report states that PV module prices are estimated to dip further during the forecast period due to competitive market conditions. Despite an increase in module capacity additions, the global solar PV market will decline in value from $39.71 billion in 2016 to $33.43 billion in 2020. With minimal price differences between module suppliers, buyers are price sensitive, thus creating persistent price pressures.
Praveen Kumar Ama, the Analyst covering Power, explains: “With the year-on-year reduction in global module prices, the projects have less capital investment and have driven the solar power system installations on the whole.
“The crystalline silicon (c-Si) and thin-film modules have seen large price drops since 2010. The average price of a module was approximately $2.17 per watt and $1.99 per watt in 2010 for c-Si and thin-film modules, respectively. Module prices fell sharply in 2011 due to a production rush, leading to oversupply.
“Falling prices stabilized starting 2014 and reached $0.61 per watt and $0.60 per watt in 2015 for c-Si and thin-film module, respectively. This price is expected to fall further during the forecast period, reaching $0.48 per watt and $0.46 per watt for c-Si and thin-film module, respectively, by 2020.”
Growing environmental concern has been the key driver for renewable energy, as countries across the world have sought to achieve energy stability and independence, and to minimize their carbon footprints.
Ama continues: “Despite climate concerns, some countries have either rolled back incentive schemes or reduced the level of incentive, which has raised uncertainty over the profitability of solar projects. This may hamper the growth of solar installations worldwide. For instance, Feed-in Tariff (FiT) levels have been reduced in the UK and Japan. Japan has also proposed changes in its FiT structure, which will have a negative impact on the growth of the solar PV sector.”
- Comments provided by Praveen Kumar Ama, the Analyst covering Power.
- Information based on the report: Solar PV Module Market, Update 2016 - Global Market Size, Competitive Landscape and Key Country Analysis to 2020.
- This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by a team of industry experts.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
