Post Tagged with: "GTM Research"

Report: U.S. Energy storage deployment spreading across more diverse markets

Report: U.S. Energy storage deployment spreading across more diverse markets

September 8, 2016 at 9:09 am Comments are Disabled

According to the latest U.S. Energy Storage Monitor, a quarterly publication from GTM Research and the Energy Storage Association (ESA), the U.S. deployed 41.2 MW of energy storage in the second quarter of 2016, an increase of 126 percent over the first quarter of the year. Year-over-year, energy storage deployments were upRead More

Five trends shaping the global solar market in 2016

Five trends shaping the global solar market in 2016

August 3, 2016 at 10:03 am Comments are Disabled

The global solar market is going through a wild 2016. The first half of this year saw a major spike in demand driven by an unprecedented volume of installations in China and the U.K. in advance of waning and expiring incentives. The U.S. installed its millionth solar system in theRead More

Report: U.S. Energy storage deployments up 127% in 2016

Report: U.S. Energy storage deployments up 127% in 2016

June 2, 2016 at 10:30 am 1 comment

According to GTM Research and ESA’s latest U.S. Energy Storage Monitor, the U.S. deployed 18.3 MW (21.2 MWh) of energy storage in the first quarter of 2016. Deployments were up 127 percent year-over-year, but down 84 percent from the historic fourth quarter of 2015. The first quarter continued the trend ofRead More

Report: Global PV market to grow 21 percent by end of 2016

Report: Global PV market to grow 21 percent by end of 2016

May 3, 2016 at 1:00 pm Comments are Disabled

According to a new report from GTM Research and SoliChamba Consulting, 58 gigawatts of monitored PV will be added to the world’s total in 2016, bringing the cumulative PV monitoring market to 242 gigawatts. In addition to a growing installation base, the PV monitoring landscape is undergoing tremendous change asRead More

String optimizers, like this one from Ampt, put voltage and current limits on each string to achieve 100 percent longer strings without exceeding 1,000 volts.

How optimizers bridge the gap to 1,500-volt PV systems

March 21, 2016 at 2:31 pm 3 comments

The need to lower PV system costs is driving large-scale solar developers to consider changing from 1,000- to 1,500-volt DC systems. The United States PV market was able to lower the cost of PV systems by increasing the maximum system voltage from 600 to 1,000 volts a few years ago.Read More

Report: U.S. solar market to grow 119 percent in 2016

Report: U.S. solar market to grow 119 percent in 2016

March 9, 2016 at 12:00 pm 4 comments

The U.S. solar market is set to grow a staggering 119 percent this year, says GTM Research in its U.S. Solar Market Insight 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA). Led by the utility-scale segment, GTM Research forecasts 16 gigawatts of solar willRead More

Behind-the-meter energy storage market grows 405 percent in 2015

Behind-the-meter energy storage market grows 405 percent in 2015

March 8, 2016 at 12:00 pm 2 comments

The U.S. energy storage market just had both its best quarter and best year of all time, according to the GTM Research/Energy Storage Association’s U.S. Energy Storage Monitor 2015 Year in Review. The U.S. deployed 112 megawatts of energy storage capacity in the fourth quarter of 2015, bringing the annualRead More

U.S. adds more solar capacity than natural gas for first time ever

U.S. adds more solar capacity than natural gas for first time ever

February 22, 2016 at 12:00 pm Comments are Disabled

Solar capacity records were made to be broken at this point. In yet another record-breaking year, the solar industry in the United States installed 7,286 MW of solar PV in 2015. This number is more significant for solar than just topping its own previous record — for the first time ever,Read More

Grid-scale storage BOS costs to decline 41 percent by 2020

Grid-scale storage BOS costs to decline 41 percent by 2020

January 5, 2016 at 10:06 am 3 comments

These days, grid-scale energy storage balance of system (BOS) costs average $670 per kilowatt. These costs include hardware like inverters and containers, soft costs like customer acquisition and interconnection, and engineering, procurement and construction (EPC) expenses. According to the latest report from GTM Research, Grid-Scale Energy Storage Balance of SystemsRead More