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Wood Mackenzie

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.

Residential loan provider Mosaic issues pause on operations

Projects financed with Mosaic could see significant delays, said residential solar marketplace operator EnergySage.

Tax credit transferability drives growth in third-party solar ownership, Wood Mackenzie says

Third-party ownership dominated the U.S. commercial and community solar market, reaching 72% a share in 2024, a Wood Mackenzie report found.

House Budget Committee approved bill poses challenges to renewable energy industry

Proposed budget could deter development of renewable energy projects in the U.S., cause a downturn in domestic manufacturing, says a Wood Mackenzie analyst.

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