Tag Archives: global solar market

After Back-to-Back Years of Double-Digit Growth, U.S. Solar Passes 50 GW Milestone

Solar Energy Industries Association Blog

At the end of 2015, there was just north of 25 gigawatts (GW) of solar PV installed in the United States. Now, after back-to-back years of double-digit gigawatt growth (15 GW in 2016 and 10.6 GW in 2017), the solar industry has more than doubled its total installed capacity to 53.3 GW through the end of 2017. The release of the U.S. Solar Market Insight 2017 Year in Review finds that the solar industry is doing pretty well, even after a year of obstacles, from the trade case to a number of state policy actions. Read more here.

ADDITIONAL RECOMMENDED READING

FREE REPORTS FROM SMART ELECTRIC POWER ALLIANCE (SEPA)

UBS Analysts: Solar Will Become the ‘Default Technology of the Future’

By Stephen Lacy, Greentech Media

Photo: Greentech Media

Photo: Greentech Media

Within a decade, solar photovoltaics could account for 10 percent of electricity supply globally, beating out coal and nuclear as “default” power generation technologies.

That’s the conclusion of a new analysis from investment bank UBS, which found that global installed solar capacity will more than triple between now and 2025, and then triple again between 2025 and 2050. By the middle of the century, UBS estimates that nearly 3,000 gigawatts of solar will be installed worldwide.

Continue reading.