Renewables
Solar, wind, biomass, biogas, geothermal, tidal and other distributed energy resources

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

Stock Market

IHS Markit has revised its 2017 guidance for solar PV installation upwards by 14% compared to 2016 levels. The research firm now predicts a global PV deployment of 90 MW this year, primarily as a result of a new trend in the Chinese market. 

 

According to its research, China experienced a much bigger first half of 2017 with installations remaining strong into the third quarter. As a result, IHS expects 45 GW of solar PV installations in China in 2017. 

Based on an analysis of official connection statistics, and inverter and module shipments, IHS has estimated that 26 GW of deployments were completed in China the first half of the year. An additional 12 GW will be installed in the third quarter. 

The firm expected a decline in PV installations in Q3, but recently released data from the China Electric Council indicated there were nearly 35 GW of PV solar installed by the end of July and that the third quarter decline will be softer than previously anticipated. 

China’s solar boom is expected to have an impact on other global markets because it’s a big global supply of solar modules. IHS said the latest deployment forecast suggests the PV module supply chain is at the upper end of what it can produce within a year. It added the final number of module shipments for 2017 is likely to be limited by the supply of polysilicon.

“As a result of the tight supply, projects are being delayed and the short-term outlook in regions such as Japan, India and Latin America has been reduced,” said an IHS Markit research note, adding that it has reduced its forecast for installations outside of China in 2017 by 7 GW.