China Posts

Nearly 100 GW of new PV installations expected globally this year

Nearly 100 GW of new PV installations expected globally this year

According to a forecast by Bernreuter Research, the global amount of newly installed PV capacity in 2017 may well reach nearly 100 GW. Meanwhile, the polysilicon price is expected to sink, which may fuel further growth.

2016: PV’s growth exceeds that of wind energy

2016: PV’s growth exceeds that of wind energy

2016 was the strongest year ever for renewable energies. The growth of the PV sector consisted of a remarkable 71 GW and exceeded that of wind energy for the first time since 2013.

Sinking costs make renewables more successful than ever

Sinking costs make renewables more successful than ever

The prices for renewable energy installations are continually dropping, which makes these technologies more popular than ever. 2016 was a record year, during which renewables outshone fossils by far.

Global solar market grows by another 43%

Global solar market grows by another 43%

2016 is going to be another record-breaking year for photovoltaics, says GTM Research. The global solar industry is expected to install 73 GW by the end of this year before it faces a slowdown in 2017. The UK’s PV market is likely to drop by 45 %.

China main financier of PV projects in H1 2016

China main financier of PV projects in H1 2016

After the news of a slowdown in renewable energy investment in H1 2016, Clean Energy Pipeline have released a report revealing that China was the largest financier of PV and wind projects in the first half of 2016.

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