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Yaskawa Electric Acquiring US Solar Inverter Manufacturer SolectriaJuly 18, 2014“By acquiring Solectria, Yaskawa will gain the unique position of being the only solar PV inverter supplier with a top-ten ranking in both the USA and Japan - the two largest markets” says Cormac Gilligan, Senior Analyst for solar at IHS.
Global PV Installations to Hit 15 GW in Q4 2014 - Record Quarter for Solar IndustryMay 29, 2014“Global photovoltaic (PV) installations will reach 15 GW in the final quarter of 2014, beating the previous record of 12.7 GW in Q4’13 according to latest analysis from IHS. The second half of 2014 will see a surge in global PV demand driven by incentive policy changes in several key markets as well as the ramping of installations triggered by record low system prices.
UK dominates Europe large scale PV activity in 2014 – Government review to spark 3 GW rushMay 28, 2014“After 7th July 2014, we will know the outcome of the consultation process to revise the support for large-scale PV plants in the UK that the Department of Energy & Climate Change (DECC) opened in May. If the result of the process is a sharp end to the ROC scheme for large-scale solar projects on 1 April 2015, we expect a huge rush to beat the deadline and a surge in ground-mount PV installations in the UK in the next nine months.
The UK solar strategy lays ground for a stable future - 13 GW of new PV capacity to be installed over next five yearsApril 22, 2014The recently published second part of the UK Solar Strategy breeds optimism among participants in the UK PV market. However, the document remains vague on exact support measures to spur the commercial rooftop segment. Some key barriers are inherent in the nature of the UK real estate sector, such as the relation between tenants and owners, as pointed out in the strategy document.
Anti-dumping investigation could lead to price increase in the U.S. photovoltaic marketApril 09, 2014Starting in December 2012 and effective as of March and May 2012, significant countervailing and anti-dumping duties were imposed on Chinese crystalline (c-Si) photovoltaic modules imported into the U.S. market.
Executing cost reductions and international expansion are critical to SMA Solar Technology’s future as global market share slumpsMarch 27, 2014SMA’s full year financial results today enforced IHS’ previous predictions of a major decline in the European PV inverter market. IHS estimates that PV installations in Europe declined by 37% in 2013. This slump in demand ignited a severely competitive price war which led to European PV inverter market revenues declining by a huge 46% to $2.1 billion. Europe accounted for 33% of the global inverter revenues in 2013, compared to nearly 60% in 2012.
Japan Energy Storage Subsidies To Spark Market GrowthMarch 19, 2014The introduction of subsidies for consumers and businesses installing energy storage in Japan and Germany is forecast to spark a drive to install the systems and help drive down costs just as they did for the solar PV industry over the past decade.
Danfoss / SMA Solar Technology Tie-Up Creates Solar Inverter Industry’s Strongest Player but Challenges RemainFebruary 26, 2014Today’s announcement that Danfoss would sell its entire solar inverter business line to SMA and in return acquire a 20% share of SMA for just over €300m highlights the on-going consolidation of the European solar manufacturing business in a declining domestic market.
CPV Prices retreating, technology advancements reduce costFebruary 25, 2014Whereas "conventional” photovoltaics (PV) uses cell technologies that have been developed for mass production with moderate conversion efficiencies, "Concentrated" PV (CPV) uses cells that have been designed to produce much higher convergence efficiencies.
Record results from Enphase, and the release of SMA’s solar microinverter in Europe will help fuel over 2 GW of solar microinverter shipments in 2017February 21, 2014“Record results from Enphase, and the release of SMA’s solar microinverter in Europe will help fuel over 2 GW of solar microinverter shipments in 2017” says Cormac Gilligan, Senior Analyst at IHS.
Tier 1 Solar PV Manufacturers Boost Expansions to Support Increasing DemandFebruary 21, 2014In 2012, IHS forecast the decline in PV capital spending would bottom out by 2013. With the solar shakeout seeming insurmountable in the not too distant past, positive sentiment has returned to the industry as demand growth and stabilized pricing has led to improved market dynamics.
PV capacity factors on the rise in CaliforniaFebruary 03, 2014On 17 December 2013, the California Public Utility Commission (CPUC) approved 164 MW of renewable power purchase agreements (PPAs) signed by Southern California Edison (SCE) during its fourth Renewable Auction Mechanism (RAM) auction.
Performance Guarantees – The gateway between technology and profitabilityJanuary 30, 2014The US ground market has grown by leaps and bounds during the last 3 years, from a little over 500MW in 2010, to over 3GW of installations (greater than 1MW in size), in 2013. The US ground market, as a market segment, is second in the world only to China. Not only are there large scale investments of over a billion dollars as with NextEra’s 485MW Blythe project , but many smaller investments at the 10-100MW range which raise a critical topic, and largely unspoken factor in project development.Subscribers Only
2014 PV Installation Forecasts – 40-55 GW?January 28, 2014Each year forecasts for how much new PV capacity will be added around the world are released. These are subsequently revised, updated, defended and invariably increased.
Top Trends for Global Photovoltaic Market in 2014 PredictedJanuary 23, 2014After two years of a punishing downturn, the global solar industry is on the rebound. Worldwide PV installations are set to rise by double digits in 2014, solar manufacturing capital spending is recovering, module prices are stabilizing and emerging markets are on the rise...
The recently published Chinese company 'cull list' will only have a minimal effect on global photovoltaic marketsJanuary 09, 2014“The recently published Chinese ‘PV industry standards’ will only have a minimal effect on global photovoltaic markets,” says Jessica Jin, solar analyst at IHS. “The government’s policy will accelerate...
Solar Inverter Shipments to Exceed 10 GW in Q4 2013December 13, 2013H2’13 inverter shipments are forecast to increase by 21% over H2’12 to reach 20.8 GW which, driven by a surge in inverter shipments in USA, Japan and China. These 3 countries alone accounted for 64% of inverter shipments...
Slowing European PV Market Impacts SMA Solar Technology’s 2013 Revenues and EarningsNovember 07, 2013SMA’s poor financial performance in 2013 is due to a sharp decline in the European PV market, growing competition, and intense price pressure in its key market segments. IHS predicts that the PV inverter market in Europe...
Slowing European PV market impacts SMA Solar Technology’s 2013 revenues and earnings, but it remains well placed to resume growth in 2014November 07, 2013SMA’s poor financial performance in 2013 is due to a sharp decline in the European PV market, growing competition, and intense price pressure in its key market segments. IHS predicts that the PV inverter market in Europe...
Polysilicon Price Stabilizes Despite Looming Trade DisputesPrices even set to increase during the next three monthsApril 24, 2013Following a sustained stretch of severe declines from February 2012 through the end of the year, solar polysilicon pricing has stabilized in early 2013, with prices steady in April and early May,...