Global Solar Market

LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment

Maker of  monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […]

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Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind

The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […]

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Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts

Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […]

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China Flaunts Solar Boom Drives the Global Solar Market

Latest report has unveiled record solar demand in China which has dramatically moulded the global PV installation for 2017. Chinese demand exceeded 34 gigawatts last year, pushing global installed solar capacity just over 78 gigawatts. These latest figures oust the 51 gigawatts of solar installed in 2015, and puts cumulative installed capacity beyond 306 gigawatts […]

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Global Solar PV Pipeline well Crosses the 200 GW Mark

With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […]

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