Solar Power International day 1: Optimism or denial?

Share

The first day of the Solar Power International was a flurry of activity, with new technologies and deals being announced in rapid-fire succession. The level of activity at the show suggests a healthy solar industry which has bounced back from the troubles of 2012 and 2013, when overproduction and price collapses pushed many companies out of business.

Beneath all of this optimism are very real concerns about a coming crash in the utility-scale market in 2017 if the U.S. Investment Tax Credit is not extended. “It's been surprising to see a number of developers that are planning for 2017 assuming to see the ITC is kept, with minimal backup plans for how to grow in a 10% ITC world,” said GTM Research Solar Analyst Cory Honeyman.

Some highlights from the first day of the show:

Locus Energy announced its acquisition by energy data provider Genscape, which is backed by the Daily Mail and General Trust conglomerate.

SolarEdge unveiled its HD Wave inverter, which it says breaks through previous barriers in weight and size, while optimizing performance.

The newly launched Latin American and Caribbean Solar Alliance gave an inaugural presentation with talk led by GTM Research Senior Solar Analyst Adam James. This joint effort of Conergy, NexTracker, Envolta, Solectria, GTM Research and Solar Energy International will provide a unified voice to advance solar industry goals across the various nations. Additionally, it will help to establish best practices and launch initiatives to spur solar industry deployment in the region.

As of Wednesday morning, attention is focused on the arrival of U.S. Vice President Joe Biden, who is set to announce a new round of solar industry funding through the U.S. Department of Energy's SunShot Initiative.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Chinese developer switches on world’s largest perovskite-based PV plant

09 December 2024 MicroQuanta, a Chinese perovskite solar specialist, has commissioned a 8.2 MW PV facility based on its 90 W perovskite panels in eastern China.

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.