Also on the rise: Global solar installations to nearly quadruple by 2033. Vineyard installs solar to keep distillery warehouse cool. And more.
Wood Mackenzie forecasts 4.7 TW of solar capacity to be built between 2024 and 2033, with China accounting for about 50% of the growth.
The Coalition for Community Solar Access released a Policy Roadmap that offers legislative guidance including model legislation.
Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed.
According to the U.S. Solar Market Insight Q2 2024 report, solar module manufacturing production capacity increased by over 11 GW.
Wood Mackenzie is tracking the capacity that manufacturers have announced will come online in the U.S.; however, three challenges remain including a balance of materials, pricing and tariffs.
Of the 29 GW of solar installed in the U.S. in 2023, 31% was distributed solar, according to the Institute for Local Self-Reliance.
Over half of all U.S. solar installations have come online since the start of 2020 and over 25% have come online since the Inflation Reduction Act became law.
A Wood Mackenzie report that a Republican victory in 2024 presidential election could put $1 trillion energy investment on the line and put pressure on states to step up.
Also on the rise: Minnesota sues GoodLeap, Sunlight, Mosaic and Dividend over dealer fees. Improving transmission planning. And more.
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