Tag: GlobalData
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Does SunPower’s exit from PV manufacturing signal a changing trend?
Following the recent announcement that SunPower, one of America’s largest solar-panel makers, is to exit from the manufacturing business, Mohit Prasad, Project Manager at GlobalData, a data and analytics company, offers sent us his view: that, even despite the tariffs, there might be more U.S. companies exiting the PV manufacturingRead More — Solar Builder magazine
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GlobalData: U.S. renewable energy capacity to double by 2030
The contribution of renewable power to total installed capacity in the US is expected to double from 15% in 2018 to 30% by 2030, reaching a total of 442.8 gigawatt (GW). Representing a compound annual growth rate (CAGR) of 7.3%, this projection can be attributed to more states adopting andRead More — Solar Builder magazine
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GlobalData: Solar PV inverters market to decline at annual rate of 13.2 percent by 2023
The global solar photovoltaic (PV) inverters market is set to decline at a compound annual growth rate (CAGR) of 13.2% and reach $3.04 billion in 2023, primarily due to a sharp drop in inverter prices and slowdown in solar PV installations, according to GlobalData, a leading data and analytics company.Read More — Solar Builder magazine
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GlobalData: U.S. solar developers to benefit from China’s solar subsidy cuts
The move by China in May this year to slash subsidies for domestic utility-scale solar projects will ultimately benefit developers in the United States that rely on imported solar panels, resulting in revived projects that stalled out in 2018 and more jobs, says data and analytics company GlobalData. We knowRead More — Solar Builder magazine
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Worldwide solar inverter market to decline $6.3 billion by 2022 (but Americas to expand)
The global solar photovoltaic (PV) inverters market will decline from $6.3 billion in 2017 to $3.7 billion in 2022, with Asia-Pacific (APAC) relinquishing its leading regional share to the Americas over the forecast period, according to GlobalData, a leading data and analytics company. The company’s report: ‘Solar PV Inverters –Read More — Solar Builder magazine