That makes sense if PV deployment is limited by supply. But the solar industry is currently limited by demand. You can see it in market news for solar components:
"Wafer prices stable-to-soft on market oversupply"
https://www.pv-magazine.com/2024/03/15/wafer-prices-stable-t...
"Wacker Chemie’s sales, earnings fall in tough market"
https://www.pv-magazine.com/2024/01/30/wacker-chemies-sales-...
"China polysilicon prices fall 51.8% year-on-year amid supply glut"
https://www.pv-magazine.com/2024/01/19/china-polysilicon-pri...
"China solar cell prices decline on sluggish downstream demand"
https://www.pv-magazine.com/2024/01/05/china-solar-cell-pric...