Solar panels were already getting cheaper this year, and then China pulled the plug this month on about 20 gigawatts of domestic installations. The result was a glut of global inventories, and now prices are plunging even faster. [...]
The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction. [...]
The advancement of solar power in the global energy mix is demanding and launching diverse affiliated products and services that will help the sector develop. Those products and services will be highlighted at Intersolar Europe in Munich next week. [...]
A new report from SEIA found that the U.S. installed 2.5 gigawatts (GW) of solar PV capacity in Q1 2018 to reach 55.9 gigawatts (GW) of total installed capacity, enough to power 10.7 million American homes. This represents a 13% increase year-over-year. Total installed U.S. PV capacity is expected to more than double over the next five years, and by 2023, over 14 GW of PV capacity will be installed annually.
Click here for the Executive Summary of the report.
Key findings on solar’s perfor [...]
It has almost become a foregone conclusion that China’s solar PV market will see its first year of negative growth in new installed capacity in 2018. [...]
Missouri-based Greenbacker Renewable Energy Co. has purchased six operational solar facilities in California and Colorado with a total generating capacity of 10 MW. [...]
Top industry experts say that in 2018, high efficiency mono c-Si modules and high-voltage inverters will take more market share, and distributed generation will start to pick up. [...]
Today's topics include highlights from POWER-GEN, the largest show for the power generation industry, the energy imbalance market, Azeb Asnake, the solar trade case and more.
Since unveiling its solar roof tile designs a year ago, Tesla has been testing the product, which CEO Elon Musk says is going to be a significant part of the company’s business down the road. [...]
With soft costs making up the highest percentage of solar costs, how can the market affect the soft cost segment? [...]
Today’s topics an update on the growth of the global solar market, the future of energy storage and how utilities learned from and prepared for the solar eclipse. Plus an update on the trade case. [...]
Whether the market makes a flawed decision or not, the market is always the decider, and whether its decisions are based on price, personal beliefs, wanting to be part of the newest trend or fad or technology direction or for any number of other reasons, the market is the ultimate judge of whether a product or technology will meet success or fade away. [...]
The U.S. residential solar market is projected to contract in 2017 after at least 16 straight years of growth, reflecting a shift in sales strategies by some major installers and increasing pressure from utilities to adjust incentives. [...]
San JosÃ©-based SunPower this week said that it now is offering its Oasis power plant platform, with drones, to solar power plant developers and EPC providers through a newly formed business unit, called SunPower Solutions. [...]
Since April 2016, there has been 21 MW of new solar PV community mini-grid capacity announced in emerging global markets, according to a new report from Bloomberg New Energy Finance (BNEF). [...]
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics include the First Solar announcement that it is restructuring, laying off its workforce and canceling its Series 5 module; the finalization of the Tesla buyout of SolarCity and the residential solar market in Japan. Check it out. [...]