Connect with us

Hi, what are you looking for?

CleanTechnica
A total of 16 gigawatts (GW) worth of new utility-scale solar PV was brought online through the first half of 2018 according to new figures published this week by Wiki-Solar, representing a 20% decline on the same period of time a year earlier. 

Clean Power

Utility-Scale Solar Suffers 20% Drop-Off In First Half

A total of 16 gigawatts (GW) worth of new utility-scale solar PV was brought online through the first half of 2018 according to new figures published this week by Wiki-Solar, representing a 20% decline on the same period of time a year earlier. 

A total of 16 gigawatts (GW) worth of new utility-scale solar PV was brought online through the first half of 2018 according to new figures published this week by Wiki-Solar, representing a 20% decline on the same period of time a year earlier.

Wiki-Solar, one of the world’s leading sources of utility-scale solar information, published its half-year figures for the first half of 2018 this week, revealing that a total of 16 GW worth of utility-scale solar PV capacity was installed, bringing the world’s cumulative large-scale capacity to 160 GW.

However, 1H’18’s 16 GW was a 20% decline on the same period a year earlier, and Wiki-Solar believes that 2018 might be the first year this decade to fail to set a new record of capacity additions.

Unsurprisingly, China again leads the way with the most capacity additions for the half — as well as being partly responsible for the slowdown — with capacity down 30% in the first half of the year. And while this has been partly offset by growth in other countries where solar has grown close to, or hit grid parity, whether or not emerging and new markets can offset the whole of China’s impact is unknown.

“New capacity in North America continues to grow, with projects proving cost-competitive,” said Wiki-Solar’s Philip Wolfe. “India is pressing ahead with competitive tendering for solar capacity at economical grid prices. Meanwhile, other markets where solar is a low-cost alternative, such as Chile, Australia and Brazil are increasing their contribution.”

Cumulatively, China remains well ahead of the pack, with a total of 56,872 megawatts (MW) worth of utility-scale solar installed, followed well behind by the United States with 31,045 MW. The below table shows markets where solar is becoming the low-cost alternative increasing their global place overall. Other countries — such as Japan, France, the Philippines, and Thailand — remain steady, while Wolfe predicts that “the UK and Germany are ‘treading water’ and will tend to slip down the list” since, as Wolfe explained to me via email, “incentives were eliminated in the former and cut back in the latter. However the declining cost of PV will start to make unsubsidised projects viable … so the market should pick up again in future years.”

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Batteries

The utility-scale solar sector has led the overall U.S. solar market in terms of installed capacity since 2012. In 2018, the utility-scale sector accounted...

Clean Power

Last year saw the largest growth in new power generation capacity in the US in more than a decade — 34.7 gigawatts of new...

Clean Power

Utility-scale solar installations—including both photovoltaic (PV) and thermal technologies—grew at an average rate of 72% per year between 2010 and 2016, faster than any...

Clean Power

Within days after the catastrophic electoral college win of an autocrat with promised climate ruin, the Obama Administration Bureau of Land Management (BLM) finalized...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.