Solar demand in 2017: As the year draws to a close with prices hitting record lows across the world, solar looks to the future. Raj Prabhu, CEO at industry analysts Mercom Capital, gives a preview of what 2017 could bring for the global industry. Global solar demand will overshoot most of the forecasts made earlier this year, due to an unprecedented level of activity in China. Mercom is forecasting global solar installations to reach approximately 76 GW. This is largely due to China exceeding its target of 18.1 GW with almost 22 GW installed in the first half of the year, with an expectation of ending the year with almost 31 GW of solar installed in 2016.
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