In the second quarter of 2017, a record-breaking 2.4 GW were added to the U.S. solar market’s overall capacity. This is an 8% increase over last year’s results and makes it the largest second quarter ever.
As part of 37 utility-scale renewable energy projects in South Africa, various PPAs are still outstanding. These will be signed in October, the country’s Minister of Energy has now announced.
According to a report by the Deutsche Bank, lower-than-expected demand in the US combined with new increased module supply could lead to strongly reduced costs and prices in the American solar market.
The photovoltaic market is currently facing a paradigm change. While the former tumultuous expansion of solar projects has come to a halt, the secondary market for photovoltaic systems is largely flourishing. The market for trading existing PV-plants is becoming more and more liquid due to an increased market understanding of PV-plant operators and investors. This trend will proceed in 2016.