The US residential solar market fell 16% in 2017
GTM Research and SEIA’s final report on the U.S. solar market in 2017 shows both the struggle of the residential sector, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
US energy storage begins to take off
Despite a lackluster Q4, GTM Research predicts that the U.S. energy storage market is going to boom in 2018, driven by both policy support and falling prices.
Shifting demand and pricing pressure main solar tracker challenges – GTM Research
Following its latest global solar PV tracker report, GTM Research speaks to pv magazine about what the sector can expect to see this year. Shifting demand and pricing pressures will be the main challenges. While Latin America continues to grow, the U.S. market will rebound. Bifacial and C&I growth confirmed as hot tracker trends.
Solar trackers: Record 2017 shipments; up to 20 GW expected in 2018
Last year saw record levels of global solar tracker shipments, reports GTM Research. It forecasts even bigger growth in 2018, despite continued consolidation. NEXTracker held on to the top spot once again, while Latin America became the biggest market.
The future looks bright for solar energy development in Mexico
Mexico is set to become the largest solar PV market in Latin America, with around 2 GW of installs expected annually. Political and regulatory uncertainty do not appear to be affecting investor interest, with more opportunities than challenges present. pv magazine attended GTM Research’s Solar Summit Mexico last week to report on the latest developments in the Mexican market.
US regulators open markets to energy storage
As the conclusion of a 15-month rule-making, the Federal Energy Regulatory Commission (FERC) will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.
Kann, Shiao: No US “manufacturing renaissance” due to solar tariffs
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
US installs nearly 4 GW of solar in Q4 2017
GTM Research has given its preliminary estimate for installations over the full year 2017 at 11.8 GW, a 22% decline from 2016 levels.
Trump’s trade disputes raise concerns about overseas expansion, Chinese government says
As reported by Reuters, the Chinese Ministry of Industry and Information Technology voiced concerns that frequent trade disputes may hurt China’s overseas expansion and would increase costs throughout the global solar market.
GTM Research predicts 11% reduction in the US solar market from tariffs
President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says it will still have effects, particularly in marginal and emerging regional markets.
