Sector sheds in two months twice the workers it had gained over two years and could see cumulative losses of 850,000 by 30 June, according to latest update by E2, ACORE and others.
Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.
The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
Consultancy cites project delays and financial fallout as it cuts its pre-pandemic 2020 global solar installation forecast by 18% from 129.5GW to 106.4GW.
KSTAR has introduced its new KSG grid-tied PV inverter KSG-3000S / KSG-3000D / KSG-3600D / KSG-4000D / KSG-4600D /KSG-5000D / KSG-6000D series for residential and commercial rooftop applications.
Grid operator REE says technology’s ‘flexing of muscles’ in March heralds strong summer, bringing a brighter turn of events for a sector that doubled installed capacity to 9GW last year.
ROTH Capital and Wood Mackenzie analysts have updated their outlooks on COVID-19's potential impacts on the US residential and utility-scale solar markets, respectively.
Minister says country will ‘not give up’ on green energy ambitions despite pandemic, with deadlines eased as tender contracts are awarded to ground-mount PV and others.
Taking a more pessimistic view of the impact of COVID-19 on the end-market demand for solar installations in 2020, IHS Markit expects global installs to decline 16% to 105GW in 2020, compared to around 125GW in 2019.
