Wednesday, January 3, 2018

Solar Market Continues to Post Growth despite Trade Clouds


A respected presence in the New England commercial real estate sphere, Demetrios Panteleakis has more than a decade of experience in corporate expansion projects. Among Demetrios Panteleakis’ accomplishments has been enabling solar-focused energy efficiency projects to go forward with the help of Capital for Change funding.

As reported in Utility Dive, growth in the solar market has been consistent over the past two years, with two gigawatts or more of solar photovoltaic capacity installed each of the last eight quarters. Unfortunately, this has slowed, with the recently released Solar Market Insight report drawing attention to a 51 percent year-over-year decrease in sales.

One major factor in the slowdown is attributed to uncertainty related to a solar trade case in which the International Trade Commission determined that Suniva and SolarWorld were in need of import relief. One possibility on the horizon is tariffs of as much as 35 percent on crystalline silicon photovoltaic modules, which would push up installation costs. The head of the Solar Energy Industries Association urges a rejection of such tariffs at the White House level to ensure that growth in solar installation continues at a rapid pace.

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