IHS Markit forecasts 181 GW of new PV capacity for this year
The U.K.-based analyst has raised its outlook for new PV additions in 2021 by around 23 GW. Due to strong demand, leading module manufacturers are sold out for the first half of the year.
Sunrise brief: Hoosier Energy signs PPA for 150 MW of Indiana solar
Also on the rise: EVs clawed out a tiny but growing market share in 2020, FERC chair suggested that Texas may want to rethink its go-it-alone model, and the race to sue over the ERCOT outages is on as a Dallas firm filed a lawsuit.
U.S. poised to lead utility-scale energy storage market in record year
Solar-plus-storage installations are emerging as a major growth factor for the overall market, according to a new report from IHS Markit.
Sunrise brief: Solar project growth to rise 30% after ‘volatile’ 2020, IHS Markit says
Also on the rise: Sunrun to issue $350 million in notes, announces preliminary Q4 results; Borrego implements org changes and aims for 25% workforce growth this year.
Record shipments push global solar PV inverter market past $9 billion in 2019
The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
The world will add 142 GW of new solar this year
IHS Markit has predicted another year of global solar growth but there’s some uncertainty dogging the markets of China and India, two of the most crucial (and polluting) regions.
The rapid maturation of the U.S. energy storage market
This op-ed by Eversheds Sutherland looks at some of the financial drivers and supporting policies that underlie the rapid development of the U.S. energy storage market.
Roth: Huawei exits U.S. solar inverter market
Roth Capital Partners reports that the inverter maker ceased U.S. sales last Friday, laying off all of its U.S. citizen staff, amid rising tensions between the Trump Administration and China.
The U.S. energy storage market will nearly double this year
The combination of solar plus storage is super-charging the deployment of batteries across the country, and IHS Markit says that the United States will become the largest market for grid-tied energy storage this year.
Rise of bifacial lifts profits for the world’s tracker companies
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
