Post Tagged with: "GlobalData"

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 0 comments

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

Global PV capacity update: 2025 should show annual growth rate of 13 percent

Global PV capacity update: 2025 should show annual growth rate of 13 percent

June 30, 2016 at 10:00 am Comments are Disabled

Cumulative global installed solar photovoltaic (PV) capacity is set to continue its growth from 271.4 GW in 2016 to 756.1 GW by 2025, registering a compound annual growth rate (CAGR) of 13.1%, according to research and consulting firm GlobalData. That definitely sounds great, and while it’s certainly not bad, itRead More

GlobalData: Trina Solar tops solar PV module producer in 2015

GlobalData: Trina Solar tops solar PV module producer in 2015

February 24, 2016 at 12:00 pm Comments are Disabled

Trina Solar held on to its status as the world’s biggest producer of solar photovoltaic (PV) modules in 2015, producing 4.55 (GW) of crystalline modules, while Canadian Solar claimed second spot with 3.9 GW in 2015, according to an analyst with research and consulting firm GlobalData. Trina Solar’s efforts toRead More

GlobalData: Significant work needed to achieve COP21 climate change goals

GlobalData: Significant work needed to achieve COP21 climate change goals

December 30, 2015 at 12:30 pm 1 comment

The ambitious Paris Agreement reached at the recent United Nations’ 21st Conference of the Parties (COP21), which ultimately aims to limit the increase in global average temperatures to below 1.5°C from pre-industrial levels, will require substantial efforts from its signatories if the desired results are to be achieved, says anRead More

GlobalData: Renewables to be fastest growing power source in U.S. next decade, barring changes in policy

GlobalData: Renewables to be fastest growing power source in U.S. next decade, barring changes in policy

December 15, 2015 at 2:24 pm 4 comments

Non-hydro renewable energy will be the fastest-growing power source in the U.S. over the next decade,  according to consulting firm GlobalData. The report is not surprising considering the current environment, with installed capacity predicted to increase from 121.9 GW in 2015 to 216 GW in 2025, representing a Compound AnnualRead More