L R AS Published on Wednesday 16 December 2015 - n° 128 - Categories:forecasts;
Mercom Capital estimates world demand at 64.7 GW in 2016 (against 57.8 GW in 2015)
The consultancy firm estimates world demand at 64.7 GW in 2016 (against 57.8 GW in 2015, i.e. +12% after +28% between 2014 and 2015). The three main countries will remain China with 19.5 GW, the United States with 13 GW and Japan with 9 GW. They will represent 65% of the world's installations. cf. the history with graph 1 below.
China has already installed nearly 10 GW in the first nine months (compared with 3.8 GW over the same period in 2014) and is increasing its annual quota by 5.3 GW with completion by June 2016 for regions that have already reached their annual target.
The United States will record a strong year-on-year increase due to the end of the federal tax credit. The forecast will be reviewed if the federal tax credit is revised and extended to new construction that began before the end of 2016 or if Congress revises the expiration of this benefit.
Japan recorded two decreases in feed-in tariffs in 2015. The government wants to further reduce the benefits of solar. Of the 80 GW approved, only 25% (20 GW) have been installed. Japan wants to develop renewable energies and break the energy monopolies. In Europe, the United Kingdom, followed by Germany and then France should be the three most dynamic countries.
Installations in India should reach 3.6 GW, after the 2.1 GW of 2015
Mercom Capital from 14-12 
