27 Nov '16, 4pm

GTM: Global utility-scale solar PV O&M market to reach 182GW in 2016

Cumulative megawatt-scale PV O&M market, 2009-2021E (GW) Source: GTM Research/ SoliChamba Consulting The global market for utility-scale PV and operations & maintenance (O&M) will reach 182GW by the end this year, GTM Research’s latest report finds. This figure represents a 54% annual increase in deployments over 2015. The report also finds that such deployment is all recent in nature; with more than half of that addressable market being deployed within the last two years alone. Indeed, only 5% of the total global capacity has been operating for more than five years, GTM notes. Forecasts estimate that by 2021, China will represent 35% of the global installed capacity for large-scale PV plants, with the US the second biggest market at 20%, followed by India at 13%. “New construction markets like the US and India feature large plant sizes and consolidated ownership landscape...

Full article: http://www.pv-tech.org/news/gtm-global-utility-scale-sola...

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