Business information provider IHS Markit announced on December 14 that global photovoltaic (PV) demand is forecast to reach 108 gigawatts (GW) in 2018, largely driven by an improvement in the outlook in China, according to the latest edition of its PV Demand Market Tracker. IHS Markit expects strong demand from the Chinese market to continue on the back of strong policy support, a successful transition to a more diverse market and strong momentum in the distributed-PV (DPV) sector.
According to latest U.S. Energy Information Administration (EIA) data for the year 2016 released on November 9 2017 and summarized on the Annual Electric Generator Report 2016, most of the growing number of installations of utility-scale solar photovoltaic (PV) operating capacity across the United States have been systems that make use of crystalline silicon panels.
California-based EPC firm Swinerton Renewable Energy announced on November 12 that its division SOLV has been named the number one service provider in the global operations & maintenance (O&M) market for a second year in a row according to a new report Global Solar PV O&M 2017-2022: Markets, Services and Competitors by GTM Research and SOLICHAMBA.
New solar-powered generating capacity is growing at a crackling pace in emerging markets. The growth is fuelled by low-priced equipment and innovative new applications that are expanding energy access for millions, Bloomberg New Energy Finance (BNEF) finds in a comprehensive new study of clean energy activity in key developing nations.