Market situation of idle photovoltaic panels

Will new solar PV panels increase demand over the forecast period?

The launch of new solar PV panel products in residential applications is expected to increase product demand over the forecast period. In December 2022, Soloes launched next-generation solar panels, ANTARES BI 144, with high radiation capacity and proof against negative effects from sunlight.

How competitive is the global solar PV panels industry?

The global solar PV panels industry is competitive with key participants involved in R&D and constant innovation. It has become one of the most important factors for companies to perform in this industry.

What happened to PV & PPA prices?

U.S. PV system and PPA prices have been flat or increased over the past 2 years. Global polysilicon spot prices fell 18% from mid-October ($10.53/kg) to mid-January ($8.70/kg), approaching their lowest levels of the past several years. Global module prices reached yet another record low, falling 22% between mid-October and mid-January to $0.11/Wdc.

What is the IEA photovoltaic power systems programme?

The IEA Photovoltaic Power Systems Programme (IEA PVPS) is one of the TCPs within the IEA and was established in 1993. The mission of the programme is to “enhance the international collaborative efforts which facilitate the role of photovoltaic solar energy as a cornerstone in the transition to sustainable energy systems.”