Grid transformers face significant supply deficits, says Wood Mackenzie
Power transformer supply may fall short 30% this year, while distribution transformers may reach a 10% supply deficit in 2025, said the firm.
Tesla remains top global battery energy storage system integrator
Tesla retained the top spot for global market share of battery energy storage systems, though the gap is closing in the “incredibly intense” competitive landscape, said Wood Mackenzie.
Federal budget bill to cut residential solar in half through 2030, said Wood Mackenzie
The One Big Beautiful Bill Act policy changes could cut installations by up to 46%, but long-term market has “massive potential.”
U.S. solar projects face development crunch while Canada says “Build, baby, build”
Solar developers prioritize advanced-stage projects in the U.S. due to tightened tax credit deadlines, while projects in Canada are “full speed forward.”
What utility-scale solar project developers should know about One Big Beautiful Bill
Developers will need to navigate expiring tax credits, stricter “safe harbor” rules and foreign content restrictions.
WoodMac: World needs 1.4 TW of grid-forming batteries by 2034
The data company says investments of $1.2 trillion in battery energy storage systems (BESS) will be required to support the installation of over 5.9 TW of new wind and solar capacity globally through 2034.
Solar companies adapt in changing times
pv magazine USA spoke with Solar Insure’s Dean Chiaravallotti who shared his thoughts on ways in which solar businesses can adapt, innovate and be strategic.
Residential solar expected to grow 9% annually through 2030
U.S. Solar Market Insight Q2 2025 report sees great potential in the residential solar market despite current challenges including the tariff effect on supply chain, potential elimination of tax credits and continued high interest rates.
Global shipments of solar trackers rise 20%, U.S slips in market share
The United States continues to dominate the solar tracker mount market, with Nextracker securing the top spot globally in 2024.
Tariffs spell harm to U.S. solar and energy storage industries
A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems.
