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Q CELLS keeps top spot in U.S. residential, commercial solar module market
Q CELLS retained its top market share position in the U.S. residential and commercial solar module markets, according to the Q1 2021 U.S. PV Leaderboard report by Wood Mackenzie Power &...
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Wood Mackenzie: Global solar project O&M spending will hit $9 billion in five...
Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – or 227 GWDC of solar systems – by 2025, according to new research by...
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OMCO Solar hits 9 GW milestone, gains Wood Mackenzie and Black + Veatch...
Photo courtesy of Moss Solar. OMCO Solar has had a big year, shipping 1 GW of its factory-direct products over the past year in projects ranging from farms and schools to municipalities and utilities....
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Community solar is winning U.S. market share, but will it last?
Community solar at Mount Hope, N.Y. Community solar is currently winning an increasing market share in the United States, according to Wood Mackenzie. State-level programs and incentives fueled a...
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Solar costs to rise in U.S. for first time in over a decade
The US solar industry has become accustomed to year-over-year system cost decline, but for the first time in over a decade, the average PV system prices for residential and commercial PV rooftop...
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U.S. energy storage deployments in Q2 more than double last year
RWE Renewables has signed contracts with LG Energy Solution to provide an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the...
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Lithium-ion battery capacity supply timeline rosy by 2030 but short of demand...
Global cumulative lithium-ion battery capacity is certainly booming and could rise five-fold (or more) to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie, but in its base case...
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How Tesla dropped to fourth in U.S. solar market share while Freedom Forever...
Despite rising costs and supply chain woes, U.S. residential solar continued to grow nearly 30% year-on-year in 2021, reaching a record-breaking 4.2 gigawatts (GW) of new installations. A sizeable...
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How Biden’s executive order on tariffs offers relief for each solar segment...
The anticircumvention investigation launched by the Department of Commerce in late March wreaked havoc on the solar industry. The uncertainty it caused led to a 6.3-GW reduction to the 2022 base case...
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The U.S. surpasses 2 million solar installations (which will double by 2023)
The U.S. is now home to more than 2 million solar PV installations, according to Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The mark comes just three...
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Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift
Tesla installed 6.3 percent of U.S. residential solar capacity in the first quarter of 2019, marking the first time the company has fallen to third place since Wood Mackenzie Power & Renewables...
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Global solar PV installations are up 17 percent over 2018
Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% on 2018, according to new research from Wood Mackenzie Power & Renewables. As noted in the Wood Mackenzie Power...
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New U.S. solar industry record: Utility solar pipeline booms to nearly 40 GW
Looks like people want that full solar Investment Tax Credit, huh? According to the latest U.S. Solar Market Insight Report from Wood Mackenzie and the Solar Energy Industries Association (SEIA), the...
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Polysilicon gets relief in Trump’s new China trade deal (updated with Wood...
The Trump administration came to an agreement today on the first phase of a bilateral trade agreement with China for a variety of American products, including U.S. polysilicon. Is this a big deal?...
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Six keys to solar price drops and efficiency increases in the 2020s
Solar system prices will continue to drop over the next decade, driven by advances in module efficiency, manufacturing, labor practices and software, according to Wood Mackenzie. However, the focus of...
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Wood Mackenzie relays six key themes that will drive the energy storage boom...
The starting gun has sounded for the global storage market, which is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to Wood Mackenzie. Costs...
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Solar crushed 2019, making up 40 percent of all new electric generating...
Despite policy challenges and a second year of the Section 201 tariffs, the U.S. solar market grew by 23% from 2018, according to the U.S. Solar Market Insight 2019 Year-in-Review report, released...
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Coronavirus impact: Best case scenario is 2 GW of solar project development...
The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the U.S. this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and...
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Coronavirus impact: Wood Mackenzie could drop its global energy storage...
If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global...
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