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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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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.
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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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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...
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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...
