11 Mar '17, 2pm

Excellent summary of global solar trends. #solarpower

While many initially dismissed some of these impressive tariffs as unfeasible, it has proven to be the new norm, at least for very large scale projects. A happy side effect is that the price declines across the value chain driven by large-scale competitive tenders also permeate into other market segments. Secondly, repeated overcapacity caused by lumpy demand is also one of the major factors driving down component costs. Booms and busts in demand have been common in individual markets across the PV industry caused by reductions or expiry of. The issue of lumpy demand is particularly prominent in China where over 10 GW were installed in a single month in June 2016. The resulting overcapacity following this spike in installations resulted in huge pressure on pricing globally in the months that followed with modules deals reported below 35 USD cents/kWh. Explaining the factor...

Full article: http://www.solarserver.com/solar-magazine/solar-report/so...

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