U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
Sunrise brief: EDF installed 1 GW of solar, wind and storage in 2022
Also on the rise: In 2022 pv magazine USA website traffic up 83%, reflecting dynamic solar industry. GM announces $650 million production plan with Lithium Americas. And more.
Community solar up, net metering down in 2023
This year five states will introduce community solar programs, while net metering continues to be challenged, and flexible financing may offer a competitive edge, said Wood Mackenzie.
Trade policy, supply chain murk waters for utility solar growth
A recent Wood Mackenzie report looks at trade, supply chain constraints, and equipment prices that curbed utility-scale solar installations.
Sunrise brief: New Mexico law seeks solar on every roof, and an EV charger in every garage
Also on the rise: 50 states of solar incentives–Illinois. Falling costs, 15 GW of US solar module production, and TOPCon trends. And more.
Falling costs, 15 GW of US solar module production, and TOPCon trends
A recent Wood Mackenzie report looks at trends and challenges in the burgeoning US solar market, including manufacturing stimulated by the Inflation Reduction Act.
IRA to drive $114 billion in U.S. renewable energy investments by 2031, report says
The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) are key to spurring a more rapid U.S. renewable energy economy, Wood Mackenzie notes.
U.S. grid-scale and residential energy storage hit installation records in Q3
Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California.
Impact of Inflation Reduction Act delayed by trade and supply chain issues
U.S. Solar Market Insight Q4 2022 forecasts a 23% decline in solar installations.
Sunrise brief: All 13 states in PJM grid region call for PJM to make faster progress on interconnection
Also on the rise: Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA. Wood Mackenzie acquired by Veritas Capital. And more.
