Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
The expected ITC extension will open the door to utility-scale solar below four cents per kWh, according to GTM’s vice president of research Shayle Kann.
A new report from GTM Research and SoliChamba Consulting states that the global market for utility-scale PV operations and maintenance (O&M) will grow to 390GW by 2020 — almost triple the estimated 133GW expected by the end of 2015.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
The road will be “bumpy”, but solar in the US will continue outstripping predictions by traditional energy forecasters, reaching its next order of magnitude increase in installed capacity by 2030, according to an analyst at GTM Research.
