31 Jan '18, 6pm

10 Trends That Will Shape the Global Solar Market in 2018

10 Trends That Will Shape the Global Solar Market in 2018

According to an analysis by GTM Research, the tariffs on imported solar cells and modules set forth by the Trump administration will result in an 11 percent decrease in U.S. solar PV installations over the next five years. This represents a reduction of 7.6 gigawatts of installed solar PV capacity between 2018 and 2022 versus previous forecasts. Source: U.S. Solar Outlook: Initial Reactions to Section 201 Decision Projects under construction or with modules already in inventory will temper the impact on 2018 installations, with the effect of tariffs hitting the downstream market more heavily in 2019. According to GTM Research, the utility-scale solar segment will be more heavily affected than the residential and commercial solar segments, taking 65 percent of the expected 7.6 gigawatts of reductions over the next five years. “The overall effect is a meaningful but not dest...

Full article: https://www.greentechmedia.com/articles/read/solar-trends...

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