Solar Market and Cost Analysis
Agenda
1 Global Solar Deployment
2 U.S. PV Deployment
3
PV System Pricing
4 Global Manufacturing
5 Component Pricing
6 Market Activity
7 U.S. PV Imports
•
In H1 2022, U.S. c-Si module production was at
approximately the same level as in H1 2019, while thin-
film (i.e., CdTe) production has grown by 3X (and
increasing 31%, y/y).
Since the IRA's passage, over 85 GW of manufacturing
capacity has been announced across the solar supply
chain, including 19 separate new manufacturing plants.
In December, the U.S. Department of Commerce issued a
preliminary decision to impose anti-circumvention
duties on some solar panels and cells produced in
Vietnam, Malaysia, Thailand, and Cambodia. A final
determination is due May 1, 2022.
• Several leading global PV companies announced
expansion corporate production capacity to 50 GW or
greater by 2023.
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