Solar will rebound this year with more than 100 GW of new capacity
Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects according to Wood Mac.
pvMB: 850 MW of solar portfolio transactions, updated residential ROIs, surveys, more!
In today’s pv magazine morning brief, John Hancock and APEX Clean Energy buy into 412 and 443 MW solar portfolios, Solarpowerrocks.com updates their residential return on investment charts, Swift Solar raises $4.6 million for perovskite research, Wood Mackenzie requests residential acquisition costs survey, more!
Will gas outpace wind and solar installations this year?
The latest analyses by both IHS Markit and Wood Mackenzie suggest that the capacity of new gas plants coming online this year will be slightly larger than the combination of wind and solar, for the first time in five years.
Tariffs bite the Q3 solar market
Wood Mackenzie and SEIA’s latest Solar Market Insight report shows a big fall in utility-scale project completions from July through the end of September, but the promise of a massive fourth quarter.
Energy storage storm grows in strength
A Wood Mackenzie report shows energy storage deployments tripling on a power basis during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.
New governors could mandate 34 GWac more solar, wind by 2030
A new analysis by Wood Mackenzie Power and Renewables finds that the renewable energy and climate ambitions of governors elected on November 6 could increase the total market for solar in five states by 17.7 GWac, if all five pass 50% by 2030 mandates.
Your appliances can save the grid (and allow more solar)
A new report by Wood Mackenzie finds a surprising amount of potential demand flexibility in U.S. homes, which can make the job of integrating more solar and wind easier.
U.S. solar market slumps during second quarter
The impact of Section 201 tariffs is cited in a 9% year-over-year fall in installation volume during Q2. However, Wood Mackenzie and SEIA also show massive utility-scale procurement, which is expected to lead to a boom in the second half of the year.
US triples energy storage installations, residential grows 10X to become largest sector
Wood Mackenzie projects that the U.S. energy storage market will reach well over $500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.
GTM Research rebrands as Wood Mackenzie Power and Renewables
As a result of the acquisition by the consultancy, GTM Research’s clean energy analysis is broadening along the energy value chain, and is integrating into Wood Mackenzie’s team of more than 70 energy analysts.
