2018 Could Be Another Record Year For Solar Energy
A year ago, 2017 and 2018 were supposed to be down years for the solar industry as the U.S. and China pulled back from extremely high installation levels and adjusted solar policies. Instead, this year will be a record year for the industry, and 2018 could be even better.
The Q4 2017 Global PV Market Outlook report from Bloomberg New Energy Finance (BNEF) estimates that 92 GW to 97 GW of solar will be installed globally in 2017, up from 75 GW a year ago. In 2018, they expect between 94 GW and 111 GW to be installed, and further growth to 107 GW to 121 GW in 2019. The future for solar energy still looks very bright globally.
Image source: Getty Images.
Source: Fool.com