Post Tagged with: "GlobalData"

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

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

July 29, 2020 at 11:42 am 0 comments

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 greatlyRead More

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

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

July 16, 2020 at 9:00 am Comments are Disabled

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

ITC safe harbor extension provides some COVID relief for solar developers

ITC safe harbor extension provides some COVID relief for solar developers

July 1, 2020 at 12:41 pm Comments are Disabled

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

GlobalData: Despite layoffs amid pandemic, Sunrun outlook remains positive

GlobalData: Despite layoffs amid pandemic, Sunrun outlook remains positive

April 13, 2020 at 9:42 am 1 comment

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

Does SunPower’s exit from PV manufacturing signal a changing trend?

Does SunPower’s exit from PV manufacturing signal a changing trend?

November 15, 2019 at 10:22 am Comments are Disabled

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, sent us his view: that, even despite the tariffs, there might be more U.S. companies exiting the PV manufacturing space.Read More

GlobalData: U.S. renewable energy capacity to double by 2030

GlobalData: U.S. renewable energy capacity to double by 2030

August 21, 2019 at 9:45 am Comments are Disabled

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

GlobalData: Solar PV inverters market to decline at annual rate of 13.2 percent by 2023

GlobalData: Solar PV inverters market to decline at annual rate of 13.2 percent by 2023

June 17, 2019 at 8:53 am Comments are Disabled

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

GlobalData: U.S. solar developers to benefit from China’s solar subsidy cuts

GlobalData: U.S. solar developers to benefit from China’s solar subsidy cuts

October 24, 2018 at 8:39 am Comments are Disabled

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

Worldwide solar inverter market to decline $6.3 billion by 2022 (but Americas to expand)

Worldwide solar inverter market to decline $6.3 billion by 2022 (but Americas to expand)

April 25, 2018 at 11:54 am Comments are Disabled

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

GlobalData: Solar is world’s favorite type of electricity generation (U.S. loses ground under Trump)

GlobalData: Solar is world’s favorite type of electricity generation (U.S. loses ground under Trump)

October 2, 2017 at 10:27 am Comments are Disabled

Solar has become the world’s favorite new type of electricity generation, with more solar photovoltaic (PV) capacity being installed than any other generation technology according to GlobalData, a provider of business information and analytics. The company’s latest report update on the GlobalData Power Attractiveness Index (GPAI) confirms that worldwide, approximatelyRead More