BNEF Brief: Global Solar Outlook

The video discusses the expected growth of the global photovoltaic (PV) market, highlighting a 22% increase from 108 gigawatts in 2018 to 131 gigawatts in 2019. A significant portion of this growth is attributed to China, which has received 15 gigawatts of requests for subsidy-free projects. The Chinese market is expected to account for about one-third of global installations in 2019. However, policy uncertainty has impacted market dynamics, leading to a glut in low-efficiency products and a tight market for high-efficiency products. Manufacturers are investing in new facilities to meet the demand for higher efficiency products.

What is the expected growth percentage of the global PV market from 2018 to 2019?

• 30%

• 22%

• 25%

• 15%

Which country is expected to contribute significantly to the global PV market growth in 2019?

• Germany

• China

• United States

• India

How many gigawatts of requests for subsidy-free projects have Chinese authorities received?

• 25 gigawatts

• 15 gigawatts

• 20 gigawatts

• 10 gigawatts

What is the expected share of the Chinese market in global PV installations in 2019?

• Half

• Two-thirds

• One-third

• One-fourth

What is the market condition for high-efficiency PV products?

• Tight

• Balanced

• Oversupply

• Declining