The global PV industry is expected to install 592 gigawatts of modules this year, up 33% from the boom year of 2023. Low prices for modules are stimulating demand in new markets, but hurting manufacturers, who are competing intensely to maintain market share. The global PV build forecast is ...
Global PV Market Outlook, 4Q 2023November 29, 2023 By Jenny Chase, Solar, BloombergNEF As 2023 draws to a close, the solar industry is installing record volumes worldwide and selling at record-low prices. BloombergNEF has increased its build forecast yet again for this year to 413 gigawatts...
LONGi Solar was ranked as the most secure PV manufacturer worldwide in BNEF's 2Q-2019 PV Market Outlook, with an Altman-Z score ratio of 3.01. In previous editions of BNEF report, LONGi had been the highest rankedAsia-based manufacturer and placed second globally. LONGi is a...
Trina Solar has once again made it to thelist of tier 1 PV module makersin the Bloomberg New Energy Finance market outlook for the second quarter, thanks to its outstanding reliability, 100% bankability and expanding production capacity. With the AAA rating, the highest category, in the PV Mo...
China and India are not just the largest PV trading partners, but active investors in renewables and rural electrification in Africa, which they regard as a promising market for component exports. Between them, Indian and Chinese governments and state-owned banks announced $189m in loans for Afri...
3Q 2024 Global PV Market Outlook The global PV industry is expected to install 592 gigawatts of modules this year, up 33% from the boom year of 2023. Low prices for modules are stimulating demand in new markets, but hurting manufacturers, who are competing intensely to maintain market share....
The New Energy Outlook (NEO)is BloombergNEF’s annual long-term analysis on the future of the energy economy. Now covering transport, industry and buildings in addition to its traditional focus on the power sector, NEO leverages the combined expertise of more than 65 BNEF analysts across 12 co...
According to BNEF’s New Energy Outlook, the world needs to spend a total of $8.3 trillion on renewable energy deployment between 2023 and 2030 to align with a global net-zero trajectory by 2050, keeping global warming well below 2°C. This is equivalent to $590 billion being invested v...
Underlying many of the changes described above has been the apparently remorseless reductions in wind, and particularly, solar generation costs achieved over the last seven or eight years. Bloomberg New Energy Finance’s latestLevelized Cost of Electricity Market Outlook,covering the first half of 2016...
• The market is growing fast: at its current pace, total volume in 2014 will surpass $40bn by the end of the year, triple 2013’s volume. However, it still constitutes only a small fraction of the broader bond market. Global green bond issuance in 2013 was about 1% of the value ...