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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
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TBEA SunOasis Set to Overtake First Solar as World’s Largest Solar EPC Company in 2014May 15, 2014U.S.-based First Solar delivered on expectations in 2013 to become the leading Engineering, Procurement and Construction (EPC) company in the global photovoltaic (PV) industry, even though it is likely to be surpassed in 2014 by Chinese EPC TBEA SunOasis, according to a new report from IHS Technology.
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US to Dodge Solar Shortage This Year Even Amid New Antidumping Fines on Chinese Module SuppliersApril 17, 2014A long-running battle in the global photovoltaic (PV) market between the United States and China over antidumping and subsidy charges could expand into higher solar costs, with wide-ranging ramifications for the U.S. if punitive tariffs are levied on Taiwanese cells.
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China’s Antidumping Tariffs Expected to Have Limited Impact on Country’s Polysilicon PricingJuly 30, 2013China’s move to slap retaliatory antidumping tariffs on solar polysilicon imported from the United States and South Korea will cause only a slight increase in domestic pricing for the material...
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Photovoltaic Industry to Enjoy Robust Installation Growth in 2013, but Revenue Dip Poses ChallengesJanuary 25, 2013Global photovoltaic (PV) installations will rise this year in a continuing pattern of solid growth, but the industry will nonetheless suffer a decline in overall revenue due to lower volume growth and decreasing system prices, according to an IHS Solar white paper from information and analytics provider IHS (NYSE: IHS).
PV installations are projected to reach 35 gigawatts (GW) this year, up from 32 GW in 2012, as shown in the attached figure. In comparison, industry revenue—measured as the system price multiplied by total gigawatts installed—will retreat to an estimated $75 billion, down from $77 billion last year, and exhibiting an even steeper fall from the market’s peak revenue of $94 billion in 2011.
