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.
U.S. solar capacity expected to triple in next 10 years
Wood Mackenzie cautioned that policy uncertainty could significantly alter its projections for solar industry growth.
Community solar projects generate $2.1 billion in economic impact
A 5 MW community solar installation brings an average $14 million of economic activity into the local community and supports 100 jobs, according to a report by the Coalition for Community Solar Access.
Vehicle-to-everything making strong progress in 2025
A Wood Mackenzie report sees V2X at a turning point, although many challenges must be overcome before achieving mass adoption.
U.S. energy storage installations grow 33% year-over-year
Storage deployment grew across all segments and is forecast to grow another 25% in 2025, according to Wood Mackenzie.
Residential solar declined 31% in 2024
Despite the down year, Wood Mackenzie forecasts the market to more than triple in size by 2035.
U.S. solar installations forecast to decline 1% annually through next decade
Solar may have had a peak year in 2024, as persistent challenges in interconnection labor and more are forecast to lead to 1% annual declines through 2035, said a report from Wood Mackenzie.
