Tag: GTM Research
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How optimizers bridge the gap to 1,500-volt PV systems
The need to lower PV system costs is driving large-scale solar developers to consider changing from 1,000- to 1,500-volt DC systems. The United States PV market was able to lower the cost of PV systems by increasing the maximum system voltage from 600 to 1,000 volts a few years ago.Read More — Solar Builder magazine
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Report: U.S. solar market to grow 119 percent in 2016
The U.S. solar market is set to grow a staggering 119 percent this year, says GTM Research in its U.S. Solar Market Insight 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA). Led by the utility-scale segment, GTM Research forecasts 16 gigawatts of solar willRead More — Solar Builder magazine
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Behind-the-meter energy storage market grows 405 percent in 2015
The U.S. energy storage market just had both its best quarter and best year of all time, according to the GTM Research/Energy Storage Association’s U.S. Energy Storage Monitor 2015 Year in Review. The U.S. deployed 112 megawatts of energy storage capacity in the fourth quarter of 2015, bringing the annualRead More — Solar Builder magazine
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U.S. adds more solar capacity than natural gas for first time ever
Solar capacity records were made to be broken at this point. In yet another record-breaking year, the solar industry in the United States installed 7,286 MW of solar PV in 2015. This number is more significant for solar than just topping its own previous record — or the first time ever, solarRead More — Solar Builder magazine
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Grid-scale storage BOS costs to decline 41 percent by 2020
These days, grid-scale energy storage balance of system (BOS) costs average $670 per kilowatt. These costs include hardware like inverters and containers, soft costs like customer acquisition and interconnection, and engineering, procurement and construction (EPC) expenses. According to the latest report from GTM Research, Grid-Scale Energy Storage Balance of SystemsRead More — Solar Builder magazine