5 Trends That Will Shape the Global Solar Market for the Rest of the Year

According to GTM Research’s latest edition of its quarterly Global Solar Demand Monitor, global solar installations are expected to grow by 43 percent this year, increasing to a total of 73 gigawatts.
The first half of this year saw a major spike in demand driven by an unprecedented volume of installations in China and the U.K. in advance of waning and expiring incentives. The U.S. installed its millionth solar system in the first half of this year, which further substantiated the market’s No. 2 position in global demand. Meanwhile, India’s solar market continues to mature, with 2 gigawatts installed in the same time frame. …