IHS Markit updates 2017 global PV solar installation forecast

By Kathie Zipp IHS Markit has made a significant upward revision to its forecast for installations in 2017, now predicting global installations to reach 90 GW – a 14% increase from 2016. The biggest changes are seen in China, where both positive revisions to policy support, a larger-than-previously-anticipated first-half of the year, and strong installations activity continuing into Q3 2017 have moved IHS Markit to raise its forecast for installations in the country to 45 GW in 2017.
Based on analysis of official connection statistics, as well as inverter and module shipments, IHS Markit estimates that 26 GW of installations were completed in in

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