Total global PV manufacturing capacity expansion announcements in the first quarter of 2016 surpassed 22.3GW, the second highest quarterly figure, according to the latest preliminary analysis by PV Tech.
The previous quarter (4Q-15) holds the record at over 27GW, while it should be noted over 25.5GW was announced in November, 2015 alone.
Therefore, the total announcements in back-to-back quarters exceed 49.4GW, completely overshadowing the previous year period when announcements nudged past 16GW.
