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Daimler invests €100 million to target stationary storage applicationsDecember 02, 2014The entrance of Daimler into the stationary energy storage market marks another high profile entrant into this industry, with significant manufacturing expertise and scale. The grid-connected energy storage market continues to be a strategic focus for future growth for a wide range of companies. The automotive giant joins other entrants that are primarily focused on the automotive industry, including US-based Tesla.
Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018November 12, 2014The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS).
SunPower Acquires Solarbridge Technologies: IHS Answers Key QuestionsNovember 10, 2014Why has SunPower acquired a microinverter supplier? Sunpower positions itself as a provider of premium PV modules to the residential market in the USA. Therefore an AC-PV module fits well into its product portfolio. An ‘AC-PV module’ is a module with a microinverter embedded into the module’s junction box before it is shipped, with no DC connections. Micronverters have rapidly emerged in the US residential PV market, and are predicted to account for over 40 percent of the inverter shipped to this segment in 2014. They are predicted to slowly continue gaining share, and the total....
Energy Storage in PV Report - 2014October 17, 2014Based on consultation with customers and leading suppliers, IHS is now producing the second edition of its ‘Energy Storage in PV’ report with a revised and enhanced scope. By utilizing IHS’ long experience of researching the entire PV industry, and its unrivalled research of the global energy storage market...Subscribers Only
2 MW Flywheel Energy Storage Facility in Ontario Commences OperationsJuly 24, 2014A 2 MW flywheel energy storage system has begun to operate in Ontario, Canada. The flywheel technology is provided by Temporal Power and is installed and owned by NRStor. The system provides frequency regulation services, which will be a major driver for the North America energy storage market over the coming years.Subscribers Only
Competition Heats Up in US PV Inverter Market as Asian Suppliers Dominate Home TurfMay 08, 2014The U.S. market for photovoltaic (PV) inverters turned highly competitive in 2013 as the three biggest suppliers headquartered in the country lost share in the wake of a European-led influx of new players, according to new analysis from IHS Technology.
2013 PV Inverter Supplier Rankings: Asian Suppliers Tighten Grip as European Leadership WeakensApril 10, 2014The number of Asian companies appearing among the world’s 10 largest photovoltaic (PV) inverter suppliers doubled in 2013, with four from China and Japan appearing within the charmed circle, compared to just two in 2012 and none in 2011, according to new analysis from IHS Technology.
Anti-dumping investigation could lead to price increase in the U.S. photovoltaic marketApril 09, 2014Starting in December 2012 and effective as of March and May 2012, significant countervailing and anti-dumping duties were imposed on Chinese crystalline (c-Si) photovoltaic modules imported into the U.S. market.
Japan Energy Storage Subsidies To Spark Market GrowthMarch 19, 2014The introduction of subsidies for consumers and businesses installing energy storage in Japan and Germany is forecast to spark a drive to install the systems and help drive down costs just as they did for the solar PV industry over the past decade.
Tier 1 Solar PV Manufacturers Boost Expansions to Support Increasing DemandFebruary 21, 2014In 2012, IHS forecast the decline in PV capital spending would bottom out by 2013. With the solar shakeout seeming insurmountable in the not too distant past, positive sentiment has returned to the industry as demand growth and stabilized pricing has led to improved market dynamics.
The grid-connected energy storage market is set to explode, reaching a total of over 40 GW of installations by 2022January 15, 2014At present, commercial deployment of grid-connected energy storage systems (GCESS) is limited to regions such as Germany, Japan, USA and certain parts of Central and South America. Installations have been inhibited by...
Energy Storage in PV Customer Insight Survey - 2014January 01, 2014Expanding on its energy storage research, IHS has since surveyed PV energy storage solutions purchasers between October 2013 and January 2014. The survey report was undertaken to enable the suppliers to gain insight into...Subscribers Only
Boost for energy storage market as mandatory requirements introduced in Puerto Rico, driving 1.5 GW of energy storage installations with renewable power plants in 2017December 18, 2013To meet the minimum technical requirements introduced by PREPA, renewable developers will have to deploy an energy storage system (ESS) with utility-scale renewable systems. IHS projects that the addition of...
Slowing European PV Market Impacts SMA Solar Technology’s 2013 Revenues and EarningsNovember 07, 2013SMA’s poor financial performance in 2013 is due to a sharp decline in the European PV market, growing competition, and intense price pressure in its key market segments. IHS predicts that the PV inverter market in Europe...
Slowing European PV market impacts SMA Solar Technology’s 2013 revenues and earnings, but it remains well placed to resume growth in 2014November 07, 2013SMA’s poor financial performance in 2013 is due to a sharp decline in the European PV market, growing competition, and intense price pressure in its key market segments. IHS predicts that the PV inverter market in Europe...
Japan Set to Become World’s Largest Solar Revenue Market in 2013 as Installations Boom in Q1May 30, 2013Japan’s solar installations surged by a stunning 270 percent (in gigawatts (GW)) in the first quarter of 2013, positioning the country to surpass Germany to become the world’s largest photovoltaics...
PV Inverter Supplier Base Fragments in 2012 – Minimal Impact From Recent M&A Activity in 2013May 02, 2013The supplier base for photovoltaic (PV) inverters further fragmented in 2012, with the total market share of the 10 largest suppliers falling by more than 4 percentage points, according to the...
PV Storage Market Set to Explode to $19 Billion in 2017; Germany Leads AgainApril 25, 2013The worldwide market for PV storage is forecast to grow rapidly to reach $19 billion in 2017, from less than $200 million in 2012, according to a new report entitled ‘The Role of Energy Storage’...
PV Inverter Revenue Expands to $7 Billion in 2012, as Asia Arises as Growth DriverApril 17, 2013Energized by a surge of shipments in Asia, the global photovoltaic (PV) inverter market in 2012 bucked weak worldwide solar industry conditions to expand by 5 percent and break the $7 billion...
PV Inverter Service Plans & Extended Warranties Report - 2013January 18, 2013The second edition of the IHS report on PV inverter service plans and extended warranties provides the only detailed and reliable assessment of the global market for PV inverter after-sales service offerings...Subscribers Only