Tag: GlobalData

  • GlobalData: Corporate buyers are driving 100+ MW solar plant segment

    Corporate buyers are increasingly interested in solar energy, and analytics firm GlobalData says this will be a key driver of projects adding more than 100 MW of capacity, more so than state-level renewable portfolio standards (RPS). GlobalData’s analysis suggests that, in terms of projects where individual plant capacities exceeded 100 MW,Read More — Solar Builder magazine

  • GlobalData: Proposed ITC extension could bump solar, wind over 25% share of installs

    The proposed Investment Tax Credit (ITC) extension is greatly welcomed by power industry associations and developers. Cost-effectiveness is better observed in these large-scale utility projects, as they achieve break-even faster – as the generation is bartered for the long term. Hence, GlobalData expects that rejection of the extension would greatyRead More — Solar Builder magazine

  • GlobalData: Utility-scale solar pipeline could still see COVID-related issues in 2020

    The U.S. solar industry saw record installs in the first quarter, but even as the utility-scale installation situation is improving, the pandemic is likely to dampen the sentiments and mute the project development activities for the remaining part of the year, says GlobalData, a leading data and analytics company. AsRead More — Solar Builder magazine

  • ITC safe harbor extension provides some COVID relief for solar developers

    The COVID-19 pandemic has caused major supply chain disruptions in the U.S., leading to halts in renewable developments. As the developers faced difficulty in meeting the deadline to start operations of the renewable projects, the Internal Revenue Service (IRS) extended the deadline for these projects by one year. This givesRead More — Solar Builder magazine

  • GlobalData: Despite layoffs amid pandemic, Sunrun outlook remains positive

    Following the announcement that Sunrun, the largest residential solar installer, is reported to have laid off around 100 of its employees, Somik Das, Power Analyst at GlobalData, sent this commentary: “COVID-19 will present Sunrun with a harrowing period over the next few quarters. Going ahead, the company wants to focusRead More — Solar Builder magazine