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Solar Capacity in Central America to Surge, as Tenders Put Region on the Photovoltaic MapSeptember 11, 2014Set to install an impressive 1.5 gigawatts (GW) of photovoltaic (PV) capacity within a six-year period through 2018, Central America is attracting attention from PV developers from around the world, according to a new report from IHS Technology (NYSE: IHS).
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US and Chinese Solar EPC Companies Continue to Dominate in Global PV InstallationsAugust 06, 2014The world’s 10 largest photovoltaic (PV) Engineering, Procurement and Construction (EPC) companies are set this year to install a combined 8 gigawatts (GW) of solar capacity, equivalent to 20 percent of the world’s non-residential PV demand, according to a new report from IHS Technology (NYSE: IHS).
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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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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.
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South Africa Ranks as the World’s Most Attractive Emerging Country for Solar EnergyJanuary 29, 2014South Africa’s target of building 8.4 gigawatts (GW) of solar photovoltaic (PV) capacity by 2030, combined with the success of its large-scale tendering process in attracting investment...
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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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EU Antidumping Duties to Price Chinese Modules out of the European MarketMay 13, 2013Average pricing for Chinese-manufactured photovoltaic (PV) solar modules could surge by 45 percent in June, cutting some solar project IRRs to below 7 percent and further dampen demand...
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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. -
A Year of Turbulence for the Solar IndustryConsolidation, trade wars and price drops rule in the second halfOctober 22, 2012The first half of 2012 was tumultuous for the photovoltaic (PV) industry. The overall economic downturn continued to impact prices across the silicon supply chain—extending from polysilicon to solar modules...
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Photovoltaic Market Continued Hot Growth Streak in 2011 with 40 Percent ExpansionGermany and Italy tussle for top spot; US, China and France are in Top 5 among regions with most new installationsFebruary 06, 2012The photovoltaic (PV) market enjoyed another year of sunny growth as solar installations climbed 40 percent in 2011, although dark clouds loom on the horizon over the industry’s reduced prospects this year...