Solar Energy Market Research News

Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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Europe and North America to Cross 1 Million Workplace EV Chargers by 2025

The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […]

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US Non-Residential Storage Market to Grow 10-Fold by 2024

Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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With 10.6 GW Additions in 2018, US now the 2nd Largest Solar Market

Solar capacity additions in the US touched 10.6 GW for 2018, making it currently the second-largest solar PV market in the world. According to a new report, solar PV capacity additions in the US touched 10.6 GW for 2018, and with a massive 12.9 percent share of the cumulative capacity additions for the year, the […]

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Predictive Maintenance Key to Enhancing Safety and Productivity of Power Sector

A new report looks at how predictive maintenance is becoming key to the power sector as it extends the operational life of infrastructure, while also enhancing safety & productivity Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organisational profitability, […]

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Significant Uncertainty Over Growth of Wind Energy in Europe: Report

There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […]

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