IHS Markit

pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.

A slump in demand would weigh more heavily on the storage industry than a temporary production shutdown and IHS Markit analysts say that is where the risk lies, rather than with a temporary shortage of battery cells. A similar prediction has been made for the PV market.

Technological innovation in PV is taking place in the context of extreme price competition among solar manufacturers, writes Karl Melkonyan, senior analyst for solar demand at IHS Markit. This, he argues, explains the focus on lowering manufacturing costs, increasing efficiencies, and reducing losses at all stages of the manufacturing process.

As the contagion continues to spread, its impact is beginning to be felt on the solar industry outside China with the cancellation or postponement of major trade shows and conferences that were set to take place over the next few weeks.

Global demand for replacement inverters will likely grow by almost 40% to reach 8.7 GW in 2020, as a large and expanding installed base of aging solar PV installations drives deployment, writes Miguel De Jesus of IHS Markit.

After several years of weak solar demand growth in Europe, compared to the historical highs of 2011, installations are expected to surge by 88% to reach a new installation record of 23 GW in 2019, writes Cormac Gilligan, research manager at IHS Markit. A range of favorable macro conditions have coalesced this year to reignite the market.

On Oct. 29, China’s National Energy Administration (NEA) released cumulative connection data for the first nine months of 2019, when China installed just under 16 GW. This breaks down as 52% distributed generation projects and 48% ground-mount installations. The figure represents a decrease of 54% for the first three quarters compared to 2018. Numbers for the third quarter of 2019 were lower than anticipated in China, confirming what the IHS Markit PV Market Trend Survey for China announced in September. It indicated that a large part of third-quarter PV demand had been postponed to the fourth quarter. Participants still expect a large increase in demand in the fourth quarter, but are increasingly pessimistic about the size of the Chinese market this year.

When Sony first commercially introduced lithium-ion batteries in 1991, the industry recognized their potential to revolutionize portable electronics. Ever since, there have been countless efforts to improve the technology, with many researchers focusing on energy density and longevity, in line with demand from emerging applications such as electric vehicles (EVs) and on-grid energy storage. Julian Jansen and Youmin Rong of IHS Markit discuss the effect of safety concerns on this rapidly growing global market.

Emilio J Garcia Rodriguez, from tracker manufacturer PV Hardware, spoke to pv magazine about the company’s activity in the Middle East and North Africa market. Dust, heat and heavy storms complicate the installation and operation of trackers.