Solar market hitting new heights, as costs keep dropping
The solar market is growing at an unprecedented rate, with a possibility that there could be 700 GW of installed PV across the world by 2020, according to a new report from SolarPower Europe. There is great reason to be excited within the solar industry, after experiencing a record breaking year in 2015, which saw […]
Europe’s solar forecast: partly shaded
European markets: In a continent seeking ever closer union but ever stronger opposition, solar’s ability to stand on its own two feet – free from subsidy – will prove crucial in the coming years, as seen in the disparate approaches many European nations are taking towards PV.
Greenskies jumps to #1 in the U.S. C&I solar sector during Q1
GTM Research says SolarCity fell to second place in the commercial and industrial market during the quarter. The first quarter of 2016 saw a shake-up in the ranking of leading commercial and industrial (C&I) solar installers in the United States, according to the latest report from GTM Research’s Leaderboard service. The company says that Greenskies […]
Inverter shipments to reach 90 GW globally by 2020, says GTM
New report suggests that PV inverters and module level power electronics will grow by an average annual rate of 11% between now and 2020, with central inverters set to relinquish market dominance. The GTM Research Global PV Inverter and MLPE Landscape 2016 report, released today, forecasts a period of strong growth for both standard inverters […]
IRENA forecasts 59% solar PV price reduction by 2025
New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.
Utility-scale US solar costs down 17% in Q3 2015, finds EnergyTrend
Analysis reveals 17% fall in installed cost of large-scale solar in the U.S. in the third quarter of last year compared to 2014; continued cost decrease will spur demand for 2016. Data compiled by EnergyTrend has found that the cost of installed large-scale solar in the U.S. has fallen by 17% year-on-year for the third […]
Boom time in Texas
Texas at scale: Texas has been only a modest solar market to date, but that is changing fast. A boom started by municipal utilities and enabled by free transmission is expected to lead to a massive amount of utility-scale solar coming online over the
next five years, and even more over the next decade.
