Without any domestic silicon solar battery producers, and also domestic module manufacturing capability at less than 8 GW, the United States depends on solar module imports to satisfy demand.
Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
As much as 194GW of solar PV could be installed globally this year, new projections by BloombergNEF have forecast, with the asset class leading a jump in energy transition investments throughout 2020.