Employees of the company IHS Markit made calculations, according to which, we can expect an increase in the capacity of all solar installations to 123 gigawatts. According to experts, the share of solar energy over the next year will increase by 18 percent. In addition, the prospect of shifting 2/3 of the energy market from China beyond its borders was voiced. Now, almost 50% of the world’s solar capacities belong to Chinese companies. According to the company IHS Markit, the current year will bring changes in the distribution of these indicators. China will have 1/3 of the solar industry capacity, and the remaining 2/3 will be distributed across countries. According to experts, new energy markets will gain momentum in South Africa, Vietnam, Argentina, Spain and Egypt. Next year they will be 7% in the global energy balance.Employees of the company IHS Markit made calculations, according to which, we can expect an increase in the capacity of all solar installations to 123 gigawatts. According to experts, the share of solar energy over the next year will increase by 18 percent. In addition, the prospect of shifting 2/3 of the energy market from China beyond its borders was voiced. Now, almost 50% of the world’s solar capacities belong to Chinese companies. According to the company IHS Markit, the current year will bring changes in the distribution of these indicators. China will have 1/3 of the solar industry capacity, and the remaining 2/3 will be distributed across countries. According to experts, new energy markets will gain momentum in South Africa, Vietnam, Argentina, Spain and Egypt. Next year they will be 7% in the global energy balance.

Of all the alternative sources of energy, solar energy is the most popular and sought after. Experts noted that the growth of energy markets in 45 countries consistently has indicators of at least 20%. The second position of the world championship in the field of solar energy belongs to the United States. By the end of 2019, the number of photovoltaic plants in the United States will increase by 28 percent. Such an active increase in the energy market is quite predictable and justified. The fact is that companies that will have time to launch new solar productions by the end of next year can count on an investment tax-lending program of 30 percent. It is worth noting that even those companies that are at the initial stage of building new alternative industries have a chance to get such a loan. It is enough to buy only 5% of the equipment and the benefits will be available. This year, Chinese manufacturers engaged in the supply of solar equipment, radically changed their business policy. The focus was on the speed of turnover of goods. This will avoid further overproduction and provide European countries with the necessary equipment.

Source: here.