Premature inverter failure – 4.2 GW of capacity will be affected this year, says analyst
U.S.-owned business intelligence firm Wood Mackenzie has attempted to evaluate the market opportunities offered by the repowering of solar projects around the world which feature inverters which are 10 years old – as well as those which will expire ahead of time.
Covid-19 weekly round-up: Ups and downs from the US residential market and one Swedish city tries to attract Europe’s best and brightest
Industry body SolarPower Europe is trying to stay bullish about the lingering effects as the continent starts to come out of lockdown and one analyst has predicted a healthy large scale solar market will carry the US through the crisis.
Covid-19 weekly round-up: It is still unclear how the crisis will play out on various solar segments, although one US installer says business has never been better…
Module price falls driven by the energy demand slump and Chinese oversupply may reverse at the end of the year, Germany appears immune to the Covid rooftop curse and emergency funding has been offered up to EU businesses affected by the crisis.
Covid-19 weekly briefing: US residents ponder solar during lockdown, Aussie installers wonder what might have been and the Indian EV industry calls for help
Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
Huawei, Sungrow and SMA dominate global inverter market
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Covid-19 pandemic puts 150 GW of PV, wind at risk in Asia
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
Covid-19 daily bulletin: Renewables projects running at capacity in India
The nation’s Ministry of New and Renewable Energy has reiterated that clean energy projects have not been affected by falling electricity demand as a billion citizens have been ordered to stay at home.
Covid-19 daily bulletin: Mixed bag for global PV sector
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
US behind-the-meter storage forecast falls 31% on coronavirus fears
Wood Mackenzie has cut its 2020 storage outlook to 430 MW – still an increase of more than 100% over 2019 – amid concerns over the role of sales, commissioning and interconnection in a period of shelter-in-place ordinances.
The US added 13.3 GW of solar in 2019, beating new wind and gas capacity
According to data released by analyst Wood Mackenzie and the Solar Energy Industries Association, the U.S. added more than 2.8 GW of residential solar last year. Cumulative operating PV capacity now tops 76 GW.
