U.S. residential solar grows 24% through Q3, tempered expectations for 2024
Wood Mackenzie noted the fundamentals are slowly shifting, as interest rates are expected to cool, and utility electricity rates are scheduled to rise considerably.
Sunrise brief: U.S. adds 33 GW of solar in 2023
Also on the rise: 2024 will be a year of recovery for residential solar, says Enphase co-founder. Largest solar installation in Mississippi begins operations. And more.
After a banner year, U.S. solar industry back on roller coaster through 2026
Solar Energy Industries Association and Wood Mackenzie report estimates that 33 GW of solar was added in 2023. Despite economic challenges in the near future, solar is expected to be the largest source of generating capacity by 2050.
New York State hits a milestone with 2 GW of community solar installed
This top community solar market has a total of 5 GW of distributed solar and another 3.3 GW in development.
U.S. Energy Information Administration says solar power will surpass hydropower by 14% next year
The rapid growth in the generation capacity of solar systems and decreased manufacturing costs can be attributed to this finding.
Ramping up U.S. grid-scale energy storage
Four experts in grid-scale solar and energy storage share insights at the pv magazine Roundtables US 2023 live event.
China expected to dominate solar manufacturing through 2026
A Wood Mackenzie report forecasts that China will hold more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.
Most states are doing a less than stellar job at deploying microgrids
A recent report by Think Microgrid recommends that legislators or utilities develop a microgrid roadmap to guide the coordinated efforts between utility commissions, energy offices, and stakeholders.
Sunrise brief: Pollinator-friendly community solar project with battery storage
Also on the rise: Solar O&M contract prices averaged $7.90/kW in 2022, says WoodMac. High resolution satellite imagery for residential PV system detection. And more.
Solar O&M contract prices averaged $7.90/kW in 2022, says WoodMac
According to a report by Wood Mackenzie, O&M contract prices for US utility-scale project averaged $7.90/kW in 2022, underscoring the growing fragmentation of the solar O&M segment. However, the rankings of the top three vendors have remained unchanged from 2021.
