The Solar Summit, organized by the GTM, with around 660 attendees from solar industry, took place from 16-18 May 2017 in Scottsdale, Arizona. The conference covered areas like Dynamics in the Global Solar Market, PV Inverter and BOS Advancement, Getting Solar Deals Done, The Evolution of the PV Module, The Mexico and Central America Solar Future and many more.

Shayle Kann, senior VP at GTM, kicked off the Summit by confronting the realities of the solar industry today. But he also gave some strong reasons for hope in this maturing marketplace. The entire industry is very worried about¬†Suniva’s trade petition¬†that could dramatically increase the price of imported cells and modules. GTM presented their projection of solar prices structure until 2030.

How solar stays competitive in the long term? There are multiple pathways for solar to grow and increase market penetration: continual solar cost decline; expanded grids: regional networks and high-voltage transmission; more traditional flexible capacity: natural gas, advanced nuclear, or carbon capture; next-generation flexibility: energy storage, electric vehicles, and demand response.

Source: Greentech Media, May 2017