In the first three months of the year, the U.S. installed 2.7 gigawatts of solar photovoltaics (PV), making it the most solar ever installed in the first quarter of a year. With the strong first quarter, Wood Mackenzie Power & Renewables forecasts 25% growth in 2019 compared to 2018, and it expects more than 13 GWdc of installations this year. [...]
JinkoSolar Holding Co., the world’s biggest solar panel maker, sees China’s photovoltaic power additions slumping this year and a greater share of its revenue coming from overseas amid uncertainties over Beijing’s new policies. [...]
A year ago, Tesla Inc. lost its throne as king of the U.S. rooftop solar business to Sunrun Inc. Now, it may get relegated to third place. [...]
For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar PV capacity, with 10.6 GW coming online in 2018, according to the latest statistics from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). [...]
Today SunPower is launching its next generation solar panel called A-series, which boasts 400 or 415 watts, in the United States. A new 400-watt product, Maxeon 3, is available in Europe and Australia. [...]
Solar is breaking into a power market that’s long been the domain of big, conventional generators. A key reason: batteries. [...]
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. [...]