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Wood Mackenzie

U.S. Q3 energy storage deployment grows 31% year-over-year

Over 5.3 GW of energy storage was deployed in Q3 2025, said a report from Wood Mackenzie and the American Clean Power Association.

Wood Mackenzie predicts 2-year decline in global solar inverter demand

Wood Mackenzie’s latest analysis expects market uncertainty in China, Europe and the U.S. to cause two consecutive years of contraction in the global solar inverter market, forecasting a fall to 577 GWac this year and 523 GWac in 2026.

In Puerto Rico, residential solar and storage growth outpaces utility-scale developments

Puerto Rico has reached 1.3 GW of residential solar and 185,000 residential batteries, with Wood Mackenzie expecting three more GWh of residential storage by 2029. Utility-scale solar and storage projects are gearing up, as described by an attorney with McConnell Valdés.

Watch: Industry leaders on how distributed solar solves the U.S. power crisis

The finale of pv magazine USA Week 2025 promises an in-depth exploration of the most immediate, versatile solution to America’s escalating energy demands and rising electricity rates: distributed energy.

Solar module prices to rise 9% in Q4, says Wood Mackenzie

Wood Mackenzie says module prices will climb as China ends export rebates and consolidates polysilicon production.

U.S. grid-scale storage leaps 63%, residential storage 132%

The utility-scale energy storage sector added 4.9 GW in Q2, representing 63% year-on-year growth, while residential storage increased by 608 MW, said a report from American Clean Power Association and Wood Mackenzie.

VPP deployments jump 33%, but capacity growth more modest, Wood Mackenzie says

Virtual power plant (VPP) capacity grew a modest 13.7%, while company deployments, unique offtakers and monetized programs each grew over 33% from the previous year, Wood Mackenzie’s annual VPP report found.

Solar leads as U.S. grid interconnection agreements grow 33%

Interconnection agreements grew 33% year-over-year in 2024 and are sustaining momentum through 2025, said Wood Mackenzie.

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.

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