PV installs explode despite hurdles – jump 87 GW, more to come

Solar installations are likely to be up 38% year on year despite continued Polysilicon price hikes, and other rising costs, sanctions on China for using Uyghur forced labor to make solar panels, not to mention the US Department of Commerce block in early 2022 due to Antidumping accusations in Southeast Asia. By the end of Q1 US installs seemed to be down by over 50%, before President Biden stepped in with his Emergency Authority to break the deadlock. But still the great bulk of global solar installations are in China which added 30.2 GW in H1 and will add a further 55.9 GW during the rest of the year, for full-year growth of 56.9%. This means China is 38.4% of…