Markets

As IHS warns of an impending oversupply and subsequent market shakeout, and GTM calculates large-scale U.S. solar costs to fall below 1 dollar per watt by 2020, are we approaching peak PV?

GTM Research expects Latin America’s solar market to grow 55% over last year’s levels, as a breakout year for solar in Mexico and Brazil.

The British PV developer will design and install the hybrid solar system for the London Distillers building in Athi River, Kenya, breaking further ground in a country where Solarcentury’s presence is growing.

Solar developers may be keen on Taiwan’s domestic solar installation market, if Taiwan’s government opens up significant swathes of land for PV development.

Thompson Reuters predicts that solar PV, hydro power, and nuclear fusion will be the three dominant sources of energy over the next three decades, in its report Powering the Planet 2045.

The German PV production equipment supplier Singulus Technologies AG has withdrawn its forecasts for 2016 and 2017 after the EUR110 million deal with China National Building Materials subsidiary was signed later than expected.

The installation at Fort Benning is the result of a collaboration between the utility, the U.S. Army, the Army Office of Energy Initiatives, the General Services Administration and the Georgia Public Service Commission.

Research from IHS Technology forecasts that there will be a new period of oversupply in the solar industry, due to a sharp drop in global demand, which will cause a shakeout in the industry.

The German deposition equipment provider is latest beneficiary of China National Building Materials’ ambitious solar PV expansion, and will deliver several coating systems for installation at two 300 MW CIGS plants and one 100 MW CdTe fab, all in China.

This will replace the company’s previous loan product, and will offer options that include fixed payments and shorter terms.