With almost 100 GW commissioned in 2018 (the same level as in 2017), the PV market was stable at a global level, writes Becquerel Institute’s Gaëtan Masson. This hides different market developments, as for example the decline of the Chinese PV market from 53 to 45 GW, and growth in other markets. The global market, exempting China, grew from 41 GW in 2016 to 46 GW in 2017, a rather big jump as it reached close to 55 GW in 2018.
The Hi-MO 4 offers power ratings up to 430 watts, with module efficiencies as high as 19.2%, as the latest high-powered module to hit the floor at Intersolar Europe.
This year, pv magazine is setting a new editorial agenda. Via our program, UP, we will be diving deep into the topic of what it means to be truly sustainable, looking at what is already being done, and discussing areas for improvement. Over the coming weeks, months, and years, we will share our findings across our various digital platforms, in our print magazines, and via our roundtable events and webinars. Are you UP for it?
The European solar trade body expects 128 GW of new PV capacity in 2019, with China likely to bring around 43 GW online and Europe experiencing enough demand to deploy about 20.4 GW. In 2020, global solar demand is expected to reach 144 GW, while in the following three years new PV additions are forecast to total 158 GW, 169 GW and 180 GW, respectively.
Cheaper renewables, technology, reputation, environmental and financial concerns all driving transition.
Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
The EV, energy storage and solar company deployed only 47 MW of solar during Q1, as Tesla moves away from traditional sales methods towards web-based sales for its products.
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