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PV Reports & Data

Record shipments push global solar PV inverter market past $9 billion in 2019

The global competitive landscape for inverters remains relatively consolidated. The top 10 suppliers accounted for more than 70% of global PV inverter shipments. As...

PV module prices are falling faster than all predictions

Across all market segments, PV system costs are falling faster than anticipated, according to new research from Wood Mackenzie. The unexpected decline in costs...

SACE report projects Florida to outpace North Carolina for solar installations

The third annual “Solar in the Southeast” report from Southern Alliance for Clean Energy (SACE) highlights solar data and trends throughout the region, including...

Premature inverter failure – 4.2 GW of capacity will be affected this year, says analyst

Some 4.2 GW of solar project capacity will experience inverter failures this year despite being less than ten years old, according to U.S.-owned analyst Wood Mackenzie, with...

Poland to reach 7.8 GW of cumulative PV by 2025

Poland may reach its target of 7.8 GW of solar by 2030 – as outlined in the National Plan for Energy and Climate –...

Italy installed 115 MW of PV in Q1

Italy installed around 115.3 MW of solar power in the first three months of 2020, according to provisional numbers released by the Italian renewable...

Solar Power Rebound Expected After COVID-19 Speed Bump

U.S. solar sector, which slowed after a record-breaking first quarter, is expected to soon rebound. COVID-19 decreased demand, delayed projects, and caused job...

Poland set to reach 2 GW milestone

Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) says the country reached 1,953.1 MW of installed solar capacity at the end of last month. In May...

Growatt ranked third after SolarEdge and SMA in single-phase inverter shipments in 2019

Growatt took over 11% market share of single-phase inverters worldwide in 2019, coming in the third place after SolarEdge and SMA according to PV...

Earth’s magnetic field affecting PV panel performance

Researchers at the Multimedia University of Kenya have claimed the Earth’s magnetic field affects solar panel performance in the same manner fields from power...

US added 3.6 GW of solar in Q1

The record first-quarter numbers published in the most recent U.S. Solar Market Insight by the Solar Energy Industries Association (SEIA) and Wood Mackenzie offer a snapshot of a...

Europe has potential for 21 GW of unsubsidized renewables

Interest in subsidy-free power purchase agreements (PPAs) for photovoltaic and wind power plants in Europe really took off last year – a development confirmed by an...

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Australia solar Installation hits 40 GW

An IEA survey of solar power applications in Australia shows that the country installed 5.2 GW of solar capacity in 2024 and reached a...

Versiris Energy completes logistically tricky rooftop solar project

Versiris Energy completed a 575.36-kWDC rooftop solar project for a national commercial retail facility in Chanhassen, Minnesota. Versisis, a commercial solar developer and subsidiary...

Recurrent Energy Sells 275 MW Solar-Plus-Storage Project in New South Wales to European Investor

Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer of solar and energy storage assets, has finalized the sale of its...

Azerbaijan seeks Chinese help in achieving “green” power dream

Azerbaijan is hoping China can play a big role in helping Baku fulfill its ambitions of building a “green energy corridor” to Europe. Azerbaijani officials...