Following China’s sudden decision to cap its solar additions in 2018 late last month, Taiwan-based market research firm EnergyTrend has revised its forecast for the country’s solar capacity additions this year, and subsequently lowered its global forecast from 106 gigawatts (GW) to between 92 and 95 GW.
GTM Research recently published a new analysis which predicts global solar PV installations will exceed 104 gigawatts (GW) in 2018, and will continue to exceed 100 GW per year through to at least 2022.
EnergyTrend, a division of TrendForce, has predicted that strong momentum in China and rebounding demand in Europe will push the global solar market to install 106 gigawatts in 2018.
After continued strong performance and ever-increasing expectations, Bloomberg New Energy Finance has this week elevated its 2017 solar installation forecast for China to record highs of 54 GW.
China’s solar industry continues to beat out expectations, and new analysis published this week suggests that continued strong demand for solar throughout 2017 will help push global demand over the 100 GW mark for the first time.
US utility-scale solar PV costs plummeted 17% in Q3 of 2015, and declining PV costs are fuelling greater demand. According to an EnergyTrend report, US utility-scale solar costs fell in the third quarter of 2015 to $1.38/W, compared to $1.66/W twelve months earlier. Patrick Lin, an analyst with EnergyTrend, said the average cost … [continued]
The global PV market is expected to continue witnessing strong demand in the second half of 2015, according to new analysis by EnergyTrend. Specifically, EnergyTrend — a division of TrendForce — expects that, with India as the fastest growing PV market, replacing the UK as one of the top three … [continued]
Global solar installations exceeded 12 GW in the first quarter of 2015, according to figures provided by EnergyTrend, putting us well on track to achieve the forecasted 52 GW. EnergyTrend, a division of the TrendForce corporation, released the figures in its Golden Member Report late last week. The top global solar … [continued]
Taiwanese solar photovoltaic (PV) manufacturers experienced record shipment growth in 2014, due to both increases in shipments and conversion efficiency, reaching over 10 GW for the year. These figures come courtesy of market research firm, EnergyTrend, a division of TrendForce. According to EnergyTrend, Taiwanese PV cell makers grew despite the … [continued]
When energy historians* look back on 2014, they’re going to label it as one of the first years that predictions for the solar PV industry were hotly-covered from January to December. With December coming to a distressingly hurried close, we can expect the speculation and predictions to again pick up, as … [continued]
