Tag: IHS Markit
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U.S. set to pass South Korea as world’s largest grid-connected battery energy-storage market this year
The United States in 2019 will become the world’s largest market for grid-connected battery energy storage as solar-plus-storage and peaking capacity requirements drive increased procurement, according to IHS Markit. Deployments of grid-connected energy storage in the United States this year are expected to amount to 712 MW. This represents aRead More — Solar Builder magazine
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IHS Markit: Outlook for energy storage strengthens due to demand for utility-scale solar co-location
The year 2018 set a record for deployment of grid-connected battery energy storage. Global installations almost doubled, especially driven by growth in South Korea in the first half of the year. The four largest markets in 2018 were South Korea, the United Kingdom, China and the United States, together accountingRead More — Solar Builder magazine
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IHS Markit: Global solar PV market will return to double-digit growth in 2019
The global solar photovoltaic (PV) market is set to bounce back from single-digit growth in 2018 to 25 percent growth in 2019, reaching 129 gigawatts of solar installations, according to global business information provider IHS Markit. This revived growth comes mainly from markets outside of China, which are forecast toRead More — Solar Builder magazine
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Global solar PV tracker market: Shipments exceeded 20 GW for first time in 2018
Global unit shipments of single-axis solar photovoltaic (PV) trackers increased by over 40 percent in 2018, surpassing 20 gigawatts-dc (GW) globally for the first time. While the United States continued to be the largest individual market for single-axis trackers last year, shipments also increased in Mexico, Australia, Egypt, Spain, andRead More — Solar Builder magazine
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Global solar PV tracker market: Shipments exceeded 20 GW for first time in 2018
Global unit shipments of single-axis solar photovoltaic (PV) trackers increased by over 40 percent in 2018, surpassing 20 gigawatts-dc (GW) globally for the first time. While the United States continued to be the largest individual market for single-axis trackers last year, shipments also increased in Mexico, Australia, Egypt, Spain, andRead More — Solar Builder magazine