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IPFS News Link • Energy

Gigafactories With New Solar PV Module Tech Might Cause Solar Glut in 2021

• https://www.nextbigfuture.com, by Brian Wang

New Solar Gigafacotries will increase total global PV to 300GW. Using actual capacity expansion data, PV Tech's analysis indicates only 200GW of installations in 2021 will offset a period of overcapacity.

PV Tech believes 80-100 GW of old solar module technology will be retired.

Solar makers are getting huge new factories to have a price and technology advantage. They will squeeze out the smaller players.

The shift is to high-efficiency large-area monocrystalline technology shift and becoming ten times bigger than the 2-3 GW/year players.

There are also new more automated production lines in the new factories.


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