According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
Latest Indian Solar Map by analysts Bridge To India finds that Trina Solar has 25.7% of module market share, with ABB top of inverter charts on 28.6% share. Solar sector poised to grow by at least 8 GW this year.
At the first day of the conference PV Asset Management and O&M Europe 2017, which winds up today in Hamburg, almost all the participants agreed on the fact that the business is becoming more and more complex, and that getting to scale may provide a path through a period of further consolidation.
A Q1 report by GTM Research and SEIA found PV system price declines across all sectors, following collapses in component pricing. Fixed-tilt utility-scale systems broke the US$1 per watt barrier for the first time during the quarter.
According to analysis from Fraunhofer ISE, PV was almost on par with nuclear power in Germany in the previous month. PV systems installed in Germany generated the record volume of 5.57 terawatt hours.
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
At pv magazine’s 5th Quality Roundtable at Intersolar Europe 2017, experts from the solar industry looked into holistic approaches to quality management for the lifetime of projects looking at selection of components and legal and technical issues.
While utility-scale and C&I solar performed well, the U.S. residential market contracted 17% due to slowness in California and other key solar markets.