Media Alert for Tuesday, July 12, 2011: GTM Research Managing Director to Discuss Latest on Utility PV Market at Intersolar N.A.
Jul 12, 2011, 09:00 ET
BOSTON, July 12, 2011 /PRNewswire/ --
WHAT: Invitation to members of the press to join GTM Research's Managing Director, Shayle Kann to discuss the latest on the U.S. utility PV market. Mr. Kann will provide incisive data on the market's growth and review the market's policy drivers, as well as the effects of recent government loan guarantees, PV technology positioning and the current environment for mergers and acquisitions.
He will also introduce GTM Research's newest product: the U.S. Utility PV Market Tracker, an integrated database and advisory resource that provides visibility into this market's key metrics, value and supply chains.
WHEN: Tuesday, July 12, 2011, 4:00–5:00 p.m. PDT
WHERE: Intersolar North America Conference, Level 2, Booth #8143
BACKGROUND: After a robust Q4 2010 in which utilities commissioned more than 150 MW of PV, the utility market continues to be at the forefront of solar build-out in the U.S. To date, over 8.9 GW of operating and planned PV projects are under contract with utilities nationwide.
GTM Research, the solar industry's leader in strategic data and competitive analysis, forecasts the utility solar market to become the country's largest in 2011 and greater than the residential and commercial solar sectors combined by 2012; this translates to over 800 MW of forecasted additions in 2011 and nearly 1.4 GW in 2012.
GTM Research's U.S. Utility PV Market Tracker, an integrated database and advisory service providing visibility into the market's value and supply chains, ranks the utilities procuring PV generation. The top ten utilities by contracted capacity include:
1. Southern California Edison (SCE) |
6. Tucson Electric Power (TEP) |
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2. Pacific Gas & Electric (PG&E) |
7. Arizona Public Service (APS) |
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3. San Diego Gas & Electric (SDG&E) |
8. Puerto Rico Electric Power Authority (PREPA) |
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4. American Municipal Power |
9. Xcel Energy – Colorado |
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5. NV Energy |
10. Sacramento Municipal Utility District (SMUD) |
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"As regulatory requirements ramp up, more utilities are considering contracting for power from utility-scale projects, as well as owning and operating their own PV assets," said Shayle Kann.
In addition, GTM Research tracks the project developers and module manufacturers most active in the utility market. The top five in each category by contracted capacity include:
PROJECT DEVELOPERS |
MODULE MANUFACTURERS |
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1. First Solar |
1. First Solar |
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2. SunPower |
2. SunPower |
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3. Tenaska Solar Ventures |
3. Suntech Power |
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4. Fotowatio Renewable Ventures (FRV) |
4. REC |
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5. NRG Energy |
5. Sharp |
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"The project development landscape is extraordinarily crowded, with over 100 project developers actively seeking to build out their pipelines," said Kann. "Still the market leaders maintain a large share of total contracted projects."
RSVP: To attend this GTM Research press briefing, please RSVP to Nicholas Rinaldi at [email protected].
ABOUT GREENTECH MEDIA & GTM RESEARCH
Greentech Media delivers research and analysis in the business-to-business greentech market. Using an integrated platform, we produce high quality products, whether it is industry news, market research or networking events. GTM Research, the research arm of the company, produces in-depth market reports and is the publisher of PV News, a monthly solar market tracker. Greentech Media is headquartered in Boston, MA, with operations in New York, NY, San Francisco, CA and Munich. For more information, visit www.greentechmedia.com.
SOURCE Greentech Media, Inc.