PV capex to exceed US$10 billion in 2018, with 25% growth forecast

PV capital expenditure (capex) in 2018, covering investments into ingot, wafer, cell and module capacity, will grow by almost 25% compared to 2017, passing through the US$10 billion mark, returning to levels seen back in 2010 and 2011 when investments in turn-key thin-film fabs were a key contributor.

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