Bifacial solar modules have attracted a lot of market attention in recent years. Installed capacity grew from only 97 megawatts globally in 2016 to over 2,600 megawats in 2018.
That number will double by the end of 2019 to reach 5420 megawatts, according to Wood Mackenzie, bringing the global cumulative bifacial solar capacity to over 8,200 megawatts.
This is the first Wood Mackenzie market report covering bifacial solar modules, providing module production cost forecasts, global market size outlooks and regional breakdowns. Given the recent Section 201 tariff exemption for bifacial cells and modules in the US, this report presents a deep dive into the supply-demand dynamics in the US market. Last but not least, the report unpacks barriers bifacial solar faces in the marketplace and the measures that need to be taken to improve its bankability.
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