U.S. Residential Solar PV Installations Exceeded Commercial Installations for the First Time in Q1 2014
Ongoing strength in the residential sector and volatility in the non-residential market spurred this historic milestone.
"Global PV Installations to Hit 15 GW in Q4 2014 - Record Quarter for Solar Industry", says Ash Sharma, Senior Director of Solar Research at IHS
Slow Start to 2014 Offset by Huge Second Half
Martifer Solar Wins "Best Breakthrough Company" Award at Mexican International Renewable Energy Congress
Martifer Solar was presented with the "Best Breakthrough Company" award at the MIREC Gala Dinner on the evening of the 28th May in Camino Real Polanco, Mexico
---- With more than 200 award submissions, the finalists were selected by a prestigious judging panel and voted on by industry peers within the renewable energy sector
---- The award recognizes Martifer Solar's success as the leading first-mover in the Mexican PV market, while distinguishing their significant contribution to the country's solar development
UGE creates first grid-tied solar energy system on Turks and Caicos Islands
Custom-designed 35.25kW photovoltaic system for local utility Fortis TCI is territory's largest commercial renewable energy project
Rodman & Rodman's Kathy Parker Outlines Clean Energy Tax Incentives
Kathy Parker, CPA, MST, a partner at Rodman & Rodman, P.C., and a leader in the firm's renewable energy practice, spoke about Investment Tax Credit last week in Boston at the Renewable Energy Development Incentives and Financing Seminar, hosted by the Environmental Business Council of New England.
U.S. Residential Solar PV Installations Exceeded Commercial Installations for the First Time in Q1 2014
Driven by strong year-over-year growth in the utility and residential markets, the United States installed 1,330 megawatts of solar photovoltaics (PV) in the first quarter of 2014. According to GTM Research and the Solar Energy Industry Association’s (SEIA) Q1 2014 U.S. Solar Market Insight Report , the U.S. installed 232 megawatts of residential PV, exceeding the non-residential (commercial) market’s 225 megawatts for the first time in the history of the report.
Ongoing strength in the residential sector and volatility in the non-residential market spurred this historic milestone. Despite the dip in non-residential installations, GTM Research and SEIA expect the market to rebound and exceed the residential market in 2014 annual PV installations.
In another significant development, Q1 2014 was the largest quarter ever for concentrating solar power (CSP) due to the completion of the 392 megawatt (AC) Ivanpah project and the Genesis Solar project’s second 125 megawatt (AC) phase. With a total of 857 megawatts expected to be completed by year’s end, 2014 is on pace to be the largest year for CSP in history.
“Solar accounted for 74% of all new U.S. electric capacity installed in Q1 2014, further signaling the rapidly increasing role that solar is playing in the energy market,” said Shayle Kann, Senior Vice President at GTM Research. “Expect to see a resurgence in the non-residential market, combined with continued incremental residential growth, throughout the rest of this year.”
Not to be outshone by the success of the residential sector, the utility PV market continued its dominance, growing 171% between Q1 2013 and Q1 2014. With 873 megawatts installed, it accounted for two-thirds of total installations during the quarter. Large-scale projects that were under contracts and negotiations between 2010 and 2012 are now becoming a reality.
Global Clean Energy to Develop PGM Recovery Facility Through a Planned Acquisition
Through its acquisition, GCE will operate a vertically integrated PGM recovery facility and be able to compete favorably in this market. The companies will be in attendance at the industries global gathering at the IPMI trade show in Orlando Florida next month.
Iron Edison Battery Now Offers Nickel Iron Batteries Made in the USA
Iron Edison Battery Company introduces a new line of Nickel Iron Batteries made in the USA by Encell Technology.
Mitsubishi Electric's Compact Wind Lidar Approved by Dutch Energy Body
Mitsubishi Electric's lidar, which uses a laser beam safe for human eyes, can measure wind remotely at multiple altitudes for accurate assessment and prediction of wind-turbine power generation.
Xcel Energy and SunPower to Build 50-Megawatt Solar Power Plant in Colorado
Xcel Energy estimates that the plant will generate enough electricity to serve the needs of approximately 13,500 average Colorado homes.
SunEdison Launches High Efficiency Silvantis R-Series PERC Solar Module
Silvantis R-series increases solar module efficiency via Passivated Emitter and Rear Cell (PERC) technology, for higher power output and maximum durability.
Two Of The Largest Solar Energy Plants In South Africa Come Online
Two 75-megawatt (MW-DC) solar photovoltaic (PV) projects lead new energy era in South Africa
Tigo Announces New Solution for Modeling the Energy Benefits of its SMART Module Platform
Valentin Software's PV*SOL Product Now Includes Tigo Energy's Technology
First Wind Marks Start of Commercial Operations for First Solar Project
The Massachusetts-based Millbury Solar project will generate local tax revenue while producing cost-competitive clean energy for UMass and surrounding communities
Energy Ocean Conference and Exhibition to Start Next Week
The 3-day Energy Ocean Conference and Exhibition will start June 3, 2014 in Atlantic City, NJ.
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