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Will energy storage follow in the steps of the booming solar market in China?May 07, 2017Key takeaways from recent energy storage conferences in China Over the last two weeks, IHS Markit Technology analysts attended three shows including SNEC in Shanghai, China International Energy Storage Conference in Suzhou, and Global Energy Storage Conference in Shenzhen. All three shows attracted large audiences although conferences took place simultaneously – testament to the growth of the Chinese storage industry. Both new entrants and existing players expressed interests in battery technologies, business models, and market drivers.Subscribers Only
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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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Ambitious Saudi Arabia Solar Plans Hinge on Capitalizing on Major PV Module Price ReductionsOctober 29, 2013As Saudi Arabia seeks bidders for its ambitious solar projects, the country stands to benefit enormously from plunging costs for photovoltaic (PV) technology—if the nation plays...
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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.
