Tag: market research
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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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Non-utility solar installations definitely slowed by Covid in Q2, says SEIA, Wood Mackenzie
The U.S. solar market installed 3.5 gigawatts (GW) of new solar PV capacity in Q2 2020, only a drop of 6% from Q1 installations, but that’s propped up by utility-scale projects (71% of total capacity brought online). The U.S. Solar Market Insight Q3 2020 report, released today by the SolarRead More — Solar Builder magazine
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United States energy storage sector hits deployment record in second quarter (residential up 28%)
According to Wood Mackenzie and the U.S. Energy Storage Association’s latest ‘US Energy Storage Monitor’ report, 168 megawatts were deployed in second quarter of 2020. This is an increase of 72% quarter over quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind the fourth quarterRead More — Solar Builder magazine
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United States energy storage sector hits deployment record in second quarter (residential up 28%)
According to Wood Mackenzie and the U.S. Energy Storage Association’s latest ‘US Energy Storage Monitor’ report, 168 megawatts were deployed in second quarter of 2020. This is an increase of 72% quarter over quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind the fourth quarterRead More — Solar Builder magazine
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Stat of the day: Solar electricity expands by 22 percent in first half of 2020
The latest issue of the U.S. Energy Information Administration (EIA)’s “Electric Power Monthly” (with data through June 30, 2020) reveals that solar and wind both showed continued, strong growth, expanding faster than all other energy sources. For the period January – June, solar-generated electricity – including distributed solar – expandedRead More — Solar Builder magazine