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US PV installed capacity is slightly down, it is expected to rebound
Time:2019-03-14 Clicks:
948
The US Solar Energy Industry Association (SEIA) and market research firm Wood Mackenzie Power & Renewables released the US solar market insights on the 2018 annual review report on Wednesday, showing that the US installed solar photovoltaic installed capacity of 10.6 GW in 2018 is slightly higher than the 2017 installation level. Decline, but the market is expected to rebound in the next few years.
The report also shows that the country's utility-scale solar PV (before the Trump administration imposes a 30% tariff on imported solar cells and components) will see more growth in the photovoltaic sector than originally predicted.
The US residential market rebounded after a year, with the industry contracting by 15%, but by 7% in 2018. The US residential market has achieved modest growth for five consecutive quarters. In the fourth quarter of 2018, the industry recorded the largest quarterly growth in two years, with nearly 315,000 households increasing solar energy. On the other hand, the US non-residential sector fell by 8%, while the utility-scale sector also experienced a slight contraction, as 201 tariff uncertainty has a greater impact.
Overall, solar PV accounts for 29% of all new generations. Due to the surge in new natural gas projects earlier this year, its share is slightly lower than in 2017.
Austin Perea, senior solar analyst at Wood Mackenzie Power&Renewables, said: "After the rapid decline in residential solar power in 2017, growth in 2018 was driven by a diversified mix of country and regional installers. With more efficient sales channels The shift, national and regional installers exceeded expectations in California and Nevada, which contributed to the largest share of residential growth in 2018."
Despite mixed results in 2018, the Wood Mackenzie and SEIA reports predict that the forecast growth will be stronger from 2020 to 2022. It is estimated that the total installed capacity of solar photovoltaic power generation in the United States will increase by 14% in 2019, and the annual installed capacity will reach 15.8 megawatts (GW).
Disclaimer: The content is partly from the internet. In order to pass on more information, it does not mean agreeing to its views or confirming its description. Article content is for reference only. If there is any infringement, please contact in time.
The report also shows that the country's utility-scale solar PV (before the Trump administration imposes a 30% tariff on imported solar cells and components) will see more growth in the photovoltaic sector than originally predicted.
new generation of MPPT solar controllers
The US residential market rebounded after a year, with the industry contracting by 15%, but by 7% in 2018. The US residential market has achieved modest growth for five consecutive quarters. In the fourth quarter of 2018, the industry recorded the largest quarterly growth in two years, with nearly 315,000 households increasing solar energy. On the other hand, the US non-residential sector fell by 8%, while the utility-scale sector also experienced a slight contraction, as 201 tariff uncertainty has a greater impact.
Overall, solar PV accounts for 29% of all new generations. Due to the surge in new natural gas projects earlier this year, its share is slightly lower than in 2017.
Austin Perea, senior solar analyst at Wood Mackenzie Power&Renewables, said: "After the rapid decline in residential solar power in 2017, growth in 2018 was driven by a diversified mix of country and regional installers. With more efficient sales channels The shift, national and regional installers exceeded expectations in California and Nevada, which contributed to the largest share of residential growth in 2018."
Despite mixed results in 2018, the Wood Mackenzie and SEIA reports predict that the forecast growth will be stronger from 2020 to 2022. It is estimated that the total installed capacity of solar photovoltaic power generation in the United States will increase by 14% in 2019, and the annual installed capacity will reach 15.8 megawatts (GW).
Disclaimer: The content is partly from the internet. In order to pass on more information, it does not mean agreeing to its views or confirming its description. Article content is for reference only. If there is any infringement, please contact in time.
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