Global solar installations will continue double-digit growth rates into the new decade, according to the new 2020 Global Photovoltaic (PV) Demand Forecast by IHS Markit, a world leader in critical information, analytics and solutions. New annual installations in 2020 will reach 142 gigawatts (GW), a 14 % rise over theRead More

Following a record year of shipments for PV tracking systems globally, IHS Markit forecasts more than 150 GWdc of PV tracking systems will be deployed from 2019 to 2023, accounting for approximately one third of ground-mounted PV installations during the period according to its upcoming Global PV Tracker Market ReportRead More

By Josefin Berg, Research & Analysis Manager, Solar & Energy Storage, IHS Markit India-based Sterling and Wilson ascended to the top position in the global solar engineering, procurement and construction (EPC) market in 2018, as the company’s PV installations more than doubled for the year. Sterling and Wilson’s PV installationsRead More

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

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

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

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

In its just-published PV Structural Balance of System (SBOS) Report for North America, IHS Markit forecasts the market at $8.3 billion from 2018 to 2022, to be driven by demand for single-axis trackers. The blended average pricing across all product segments (roof-top and ground-mount) is expected to fall from $0.13/WRead More

IHS Markit named Clean Energy Collective (CEC), one of the leading community solar developers, as an Energy Innovation Pioneer for its role developing strategies and technologies that are transforming the electricity energy future. CEC was selected from a field of more than 500 companies making noteworthy innovations throughout the energyRead More

Published in January 2018, Navigant Research’s Advanced Energy Storage for UPS Applications report examines the drivers, barriers and regional trends affecting deployment of distributed energy storage systems with uninterruptible power supply (UPS) services for non-mission critical operations. In its breakdown of the competitive landscape of energy storage vendors providing UPS servicesRead More