Tag Archives: growth
Big Growth for UK Solar Farms
United Kingdom is seeing a raft of new Solar Farm projects in the 20-50 MW range even as the solar feed in tariffs have been sharply reduced and in the case of large scale solar farms being capped at 5 MW. This boom has come about by solar developers using the Renewable Obligation Certificate (ROC) [...]
What Recession? Solar Industry Experiencing Rapid Growth
Investment in Solar Energy sector jumped by more than 50% y/y to around $150 billion in 2011 with solar projects being built frantically in Germany, Italy and China. Massive oversupply in the solar industry meant that thousands of solar panel companies went bankrupt even as demand surged. The brutal consolidation has continued to 2012 with [...]
Solar Thermal Swimming Pool Heaters: Big Growth Ahead
As solar gains in popularity, it’s drawing attention to one historically logical solar application – solar swimming pool heating. Solar Living, a New Jersey company, started installing solar hot water heaters in 1977 and quickly discovered there was a market for solar swimming pool heaters. The founder developed his own solar hot water system specifically [...]
Solar Growth: Mostly Rooftop or Utility?
Along with the emergence of three distinct ownership models (customer-owned, third-party-owned, and utility-owned), the U.S. photovoltaic (PV) market has grown, over the last ten years, at an average annual rate of approximately 70 percent, according to GTM Research. Just-released GTM Research numbers show no slowing of growth in the sector. Q1 2012 was solar PV’s [...]
Global Solar Buildout: Hockey Stick Growth
From a very small base, and from a tiny position in world energy supply, the buildout of global solar power is starting to go parabolic. Last year, according to the just released BP Statistical Review (you must access the Excel workbook for solar data), global solar generation nearly doubled to reach 55.7 TWh (terrawatt hours). [...]
India’s Solar Industry: Scale is Key
India’s solar industry is finally taking off, but before it can make a meaningful contribution to the country’s growing power demands, many hurdles must still be overcome say experts and business leaders in the field. In order to remain competitive in the global solar market and compete with countries like China and others, Indian manufactures [...]
U.S. Solar Costs Drop and PV Installations Surge
Great news coming out of SEIA’s highly anticipated US Solar Market Q1 2012 Insight Report. Among some of the encouraging highlights, sure to make consumers interested in solar even more eager to move forward: The average cost of a completed PV system dropped by 17 percent in the first quarter of 2012 compared to the [...]
BIPV Growth Showing Continued Growth
Industry analyst firm NanoMarkets announced its latest report this week on the building-integrated photovoltaic (BIPV) solar market entitled, “BIPV Roofing Markets.” BIPV are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades. This recent report claims that the total market value for BIPV [...]
In Focus: India’s Solar Industry
The feed-in-tariff (FiT) market in India is governed by various national and state policies. Solar installations prompted by project allocations under the National Solar Mission (NSM) and the Gujarat Solar Policy have driven India’s installed solar PV capacity from 22MW in January 2011 to 974.56MW in May 2012. This rapid ramp up of solar power [...]