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Solar Installations to Rise 20 Percent in 2014, Thanks to Strong Fourth QuarterOctober 08, 2014Global photovoltaic (PV) solar installations will rise to 45.4 gigawatts (GW) in 2014, with 32 percent of this total, or 14.4 GW, coming in the fourth quarter, according to IHS Technology (NYSE: IHS).
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Solar Microinverter and Power Optimizer Market to Break $1 Billion Barrier in 2018September 18, 2014The market for global photovoltaic (PV) solar microinverters and power optimizers is forecast to more than triple in the coming years, rising to more than $1 billion in 2018, as both established and new regions increase their adoption of the emerging technology, according to IHS Technology (NYSE: IHS).
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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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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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Buyers Rate Reliability and Quality as More Important Than Price in PV Modules, IHS Survey IndicatesMarch 26, 2014The most critical factors for buyers when selecting a photovoltaic (PV) module are reliability and quality, which were found to be more important than low prices, according to a recent survey...
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Two and a Half Gigawatts of Residential PV Energy Storage to be Installed by 2017August 01, 2013The market for residential photovoltaic (PV) energy storage systems is expected to boom in the coming years, with cumulative installations amounting to 2.5 gigawatts (GW) by 2017...
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1.3GW of PV Installations Eliminated by EU Anti-Dumping Duties in 2013; Double-Digit Global Growth Still LikelyJune 10, 2013European photovoltaic (PV) installations are forecast to fall by more than 6 gigawatts (GW) in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese...
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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...
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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’...
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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.
