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Market Insight

IHS Markit maintains 37 GW PV forecast for China this year

August 21, 2018  | Subscribers Only


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On 17 August 2018, the China Electricity Council published updated numbers on China photovoltaic (PV) connections in the first seven months of 2018. Despite the reduction in support for PV installations announced at the end of May 2018, the world's largest PV market had installed 31.3 GW of PV by the end of July. IHS Markit sees no reason to lower the installation projection for China further, but is confident in that another 6-7 GW of PV systems will be completed this year. 

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