PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in July and August, 2016 highlight the industry fears over a new period of overcapacity across the supply chain after explosive growth plans announced in the first half of 2016.
July expansion plans
New capacity expansion plans in July amounted to only 20MW, which was updated expansion plans already announced in 2016, by Malaysia-based solar cell producer, Tek Seng.
However, local new reports appeared in July, indicating JA Solar planned to build a manufacturing plant in Vietnam in the same industrial park as OEM module producer, Boviet Solar.
