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China’s solar policy change triggers another cycle of price pressure and industry consolidation, but global demand fundamentals remain strong

Highlights Although photovoltaic (PV) industry fundamentals remain solid, recent solar industry policy changes in China will lead to overproduction, price declines and market consolidation. The IHS Markit outlook for 2018 installations in China has been cut from 53 gigawatts to 38 gigawatts. Furthermore, as the majority will already have been completed in the first half […]