Featured in Homing in on storage – 10-2015

World in motion

Global solar forecast: Solar installations globally are projected to grow about 25-30% in 2015 compared to last year. Mercom Capital’s installation forecast remains unchanged, as the first half installation numbers indicate that the market is still on track to reach 57.4 GW, writes Mercom’s CEO Raj Prabhu.

Some important developments since the last Mercom Capital quarterly update include the first half installation numbers released by China, which showed 7.73 GW of installed PV – much higher than the 3 GW installed last year over the same time period. This is an encouraging sign, as Chinese installations are projected to account for 30% …

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