The global combined PV installation demand is forecast to be close to 3,300-3,500 GW by 2030, and the average annual demand for modules in China is expected to be around 400GW by 2030.
SMM believes that the tight supply of raw materials will remain an enduring problem in the lead industry in recent years, and judging from the information SMM gathered about lead concentrate TCs and the supply of scraps, the current supply of raw materials stays tight while the lead ore supply is relatively stable.