The completion of South Africa’s latest utility PV power plant has coincided with new figures showing an “exponential” rise in the contribution solar is now making to the country’s grid.
The Silver Institute, a trade association for leading silver producers expects overall industrial demand to increase by 27% through 2018, with demand from the PV industry increasing around 24% in that time frame.
In the latest ‘PV Inverter Market Tracker’ report from market research firm, IHS the global PV inverter market continues to remain highly dynamic and regional players in booming markets making the most gains.
SolarWorld has claimed that talks to find a settlement in the US-China trade row ended in July however PV Tech understands hopes for a deal have not been entirely extinguished.
A late burst of distributed solar projects will help ensure China achieves a record PV installation rate of 14GW this year, according to Tang Cheng, chairman of GCL New Energy.
A week after German utility giant E.ON announced its withdrawal from fossil fuels and an exclusive focus on renewables, further evidence has emerged that utilities face growing disruption from distributed energy technologies.
