GCC power sector to require US $131 billion investment over the next five years, report says

/in /by

New ‘GCC Power Market’ report produced by construction research firm Ventures Onsite for the  Middle East Electricity (MEE) annual international power industry event,  states that the Gulf Cooperation Council (GCC) is expected to require a combined US $131 billion worth of investment in electricity generation, transmission and distribution over the next five years to cope with increasing demand from growing populations, expanding economies and climatic changes.

Read more

Global Solar Photovoltaic Installations to Exceed 100 GW in 2018, IHS Markit Says

/in /by

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.

Read more

In 2016 70% of U.S. utility-scale PV capacity used crystalline silicon modules, EIA report says

/in /by

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.

Read more

Analysis Finds 5 Million Commercial Customers in the U.S. Could Cut Costs with Battery Storage

/in /by

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) have released the first comprehensive public analysis detailing the potential size of the commercial behind-the-meter battery storage market in the United States. NREL analyzed over 10,000 utility tariffs in 48 states, finding that more than five million of the 18 million commercial customers across the country may be able to cost-effectively reduce their utility bills with battery storage technologies.

Read more