Tag Archives: market
Confimed Shrinkage: Solar Venture Capital Funding
The amount of venture capital (VC)—early-stage funding with higher risks, but high potential returns—going to solar companies continues to shrink, according to a new report from Mercom Capital Group. The report found that solar venture capital in the first quarter of 2013 fell to $126 million, almost a third of the $324 million in the [...]
Top 7 Solar Consuming Countries
The concept of solar power has been around for some time, but it’s never been considered a practical means for satisfying the world’s energy needs. But as better methods for capturing and converting the sun’s rays into usable energy are developed, solar power is becoming widely adopted across many countries. Here’s a look at a [...]
PV Market to Reach 31MW in 2013
The photovoltaic market will continue its growth in 2013 albeit a little slower than in the past few years, according to a new NDP Solarbuzz report. The report projected that the PV market will grow about 7 percent this year to 31 gigawatts 29 GWs in 2012. The report also predicted that Germany’s solar market [...]
Solar and Moore’s Law
Late last summer, I was walking the neighbourhood near where a rooftop residential solar PV system was about to be installed. People tend to be more interested and less sceptical about solar when their neighbors are getting into it, so it’s good policy to pound the pavement in the hopes of drumming up some business. [...]
IEA: Renewables to Grow 40% by 2018
Despite economic uncertainties, global power generation from renewable sources of energy is seen to grow by more than 40 percent to almost 6,400 terawatt-hours over the next five years, or roughly 1.5 times the current electricity production in the United States, according to a report from the International Energy Agency. Renewable energy generation from 2011 [...]
Asia Pacific Solar Market: Ready to Explode
A new report suggests that solar demand across the Asia Pacific region will increase by 13.5 gigawatts in 2013, a 50 percent growth year-over-year. According to the Q1’13 report of industry analyst NPD Solarbuzz, 90 percent of solar demand this year is expected to come from China, Australia, Japan and India – the Asia Pacific [...]
Middle East Solar Industry Could Hit $6.8 Billion
The Middle East is boosting its solar power sector with $6.8 billion worth of projects in the pipeline, said Jigar Shah, the chairman of the inaugural Solar Middle East Conference. Mr. Shah told a Trade Arabia report that around 10 major projects are set to be plugged in the United Arab Emirates, Kuwait, Oman, Egypt, [...]
Global Lithium Ion Electric Vehicle Battery Market: $22 Billion by 2020
The tipping point for the mainstream acceptance of electrically-powered cars may already be with us, according to a study by US-based market analysts, Pike Research. Their research suggests that there are (and will continue to be) 3 main reasons why car manufacturers around the world are ramping up the production of electric cars: a) newly [...]
New Jersey Solar: 2013
In 2012 New Jersey was recognized as the fastest growing market for solar, beating out California, a state more than 20 times its size and traditionally the largest market for solar in the U.S. That may not happen in 2013 as purchase prices for the state’s solar renewable energy credits (SRECs) remain low and incentives [...]