The global installed capacity of solar PV is expected to increase from 49.77 gigawatts per anum to 69.86 gigawatts by 2020, but declines in module prices will see the market value drop from $39.71 billion in 2016 to $33.43 billion in 2020.
The global wind turbine market is set to experience a turbulent end to the decade, according to new figures from research and consulting firm GlobalData, which has predicted the market will rise steadily through to 2019 before dropping back in 2020.
The global solar PV market is set to increase nearly 70 GW in 2016, reaching 294.69 GW, led by China, according to research and consulting firm GlobalData.
The global wind turbine tower market is set to decline over the next several years, dropping several billion dollars due … [continued]
Research and consulting firm GlobalData has labelled South Africa as the likely new hotspot for wind installation, with 3 GW … [continued]
According to a new report from research and consulting firm GlobalData, the installed capacity of global battery energy storage systems … [continued]
The global wind operations and maintenance market is set to reach $17 billion by 2020 as technology improves, according to … [continued]
The Asia Pacific solar PV Balance of System (BoS) market is expected to decline significantly over the next few years. … [continued]
The cumulative global installed capacity of solar PV is set to exceed 756 GW by 2025, according to new figures … [continued]
Total installed solar PV capacity globally will surpass 756.1 GW by 2025, according to new projections published by GlobalData. According to … [continued]
