10 solar trends to watch in 2017

In 2017 the global solar market will experience a contraction something that hasn't happened in 16 years or more. According to GTM Research (a Wood Mackenzie business) global PV installations will shrink by 7 percent in 2017. But don't fear this is just a blip on the radar. Driven by falling system prices new procurement methods like tendering and auctions and emerging markets such as India and countries in Latin America GTM Research forecasts a cumulative average growth rate of 8 percent over the next five years resulting in a 109 gigawatt market by 2021. Each quarter GTM Research analysts put together a quarterly briefing that summarizes the most important findings from their research.