High inventory, low prices, stiff competition

Global solar demand will continue to grow in 2024 with module demand likely to reach 492 GW to 538 GW. InfoLink predicts that demand growth will begin to slow. Amy Fang, a senior analyst at InfoLink, takes a look at module demand and supply chain inventories in a market still affected by oversupply.

Issue 05 – 2024 | Lighting the way

Some wafer producers planned to reduce output in April 2024 but vertically integrated manufacturers continue to scale production.

Photo: Longi

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