Slowing residential solar markets, higher prices for components and a push-back of project completions were the perfect storm in Q3, however the U.S. market managed to remain above 2 GW.
GTM Research reports that utilities in 15 states are incorporating energy storage into their long-term plans, as energy storage deployment reached a relatively even keel during Q3 2017.
European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.
The latest report by GTM Research puts numbers on the increase in H2 2017 system prices and analyzes the potential damage from a range of scenarios.
Information from the latest edition of GTM Research’s Global Solar Demand Monitor shows that solar’s globally installed capacity is rapidly catching up with that of nuclear, and that solar could in fact grow to more than double nuclear’s current capacity within the next five years.
As demand is becoming geographically diversified, with strong growth of emerging markets set to make up for slowing demand in East Asia, GTM Research is now tracking 17.4 GW of confirmed solar tenders between Q2 and the end of 2019 across the globe, 9.6 GW of which is expected to be awarded in Q3 2017.
With Solarworld’s recent insolvency announcement, questions regarding the potential for trade disputes to affect the global solar industry have once again been brought to the fore. At Intersolar Europe 2017 in Munich, pv magazine spoke with Benjamin Attia of GTM Research about the organization’s latest research into this broad reaching topic.
A surge in California’s market driven by the Aliso Canyon gas leak is behind much of the boom, as deployment shifts to longer-duration energy storage.
According to the soon-to-be-released report from GTM Research and the Solar Energy Industries Association, a severe contraction in California headlined the nationwide slide.
Report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the U.S.
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