Tag: IHS Markit
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IHS Markit: Lithium-ion battery cell average cost to fall below $100 per kWh by 2023
The average cost of a lithium-ion (Li-ion) battery cell will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of a li-ion cell is expected to decline further through the end of the decade, to asRead More — Solar Builder magazine
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Guess who is turning to solar energy to power field operations: Oil and gas companies
Oil and gas companies are starting to utilize such zero-carbon sources to reduce carbon emissions associated with operations, according to a new database and analysis by IHS Markit of these types of renewable energy projects. “There is a striking pace of growth over the past few years and a dynamicRead More — Solar Builder magazine
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IHS Markit forecasts a 14 percent increase in global PV installations in 2020 (20 percent in U.S.)
Global solar installations will continue double-digit growth rates into the new decade, according to the new 2020 Global Photovoltaic (PV) Demand Forecast by IHS Markit, a world leader in critical information, analytics and solutions. New annual installations in 2020 will reach 142 gigawatts (GW), a 14 % rise over theRead More — Solar Builder magazine
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Solar trackers will make up one-third of all ground-mounted PV deployed the next five years, plus more insights from IHS Markit
Following a record year of shipments for PV tracking systems globally, IHS Markit forecasts more than 150 GWdc of PV tracking systems will be deployed from 2019 to 2023, accounting for approximately one third of ground-mounted PV installations during the period according to its upcoming Global PV Tracker Market ReportRead More — Solar Builder magazine
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IHS Markit: The global solar EPC market continues to fragment (Sterling and Wilson takes top spot)
By Josefin Berg, Research & Analysis Manager, Solar & Energy Storage, IHS Markit India-based Sterling and Wilson ascended to the top position in the global solar engineering, procurement and construction (EPC) market in 2018, as the company’s PV installations more than doubled for the year. Sterling and Wilson’s PV installationsRead More — Solar Builder magazine