U.S. energy storage sets Q2 high water mark with 1.7 GW / 5.6 GWh
Wood Mackenzie said the U.S. market will install 66 GW of storage between 2023 and 2027, 83% of which will be at the grid scale.
Solar contributed 45% of electricity generation capacity additions in the first half of 2023
Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie.
Three ways that community solar can grow Wisconsin’s economy
Forward Analytics estimates that building 350 solar installations will grow Wisconsin’s economy by funding local businesses, stimulating the regional real estate market and increasing jobs.
Top five solar inverter vendors accounted for 71% of shipments in 2022
Global inverter shipments increased to 330 GWac with Huawei, Sungrow, Ginlong, Solis, Growatt and GoodWe named as the top vendors.
Sunrise brief: Community solar to exceed 6 GW in 2023
Also on the rise: Nextracker opens dedicated assembly line for tracker components, Vermont utility keeps the power on with portable long-duration energy storage, and Ambri liquid metal battery passes key safety certification.
Community solar to exceed 6 GW in 2023
Following a suppressed 2022, community solar is expected to have an upward trajectory, boosted by new state laws, the implementation of billions in grant money from the Inflation Reduction Act, and the smoothing of bumps in the supply chain.
WoodMac predicts 270 GW of new global PV capacity in 2023
Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.
U.S. Customs solar exclusions may be “de facto ban on Chinese polysilicon”
Longi solar modules made of Tongwei polysilicon have been excluded from entry to the U.S.
U.S. clean hydrogen roadmap needs work, say analysts
Wood Mackenzie principal analyst, Hector Arreola, suggest The Biden-Harris Administration address cost and scaling roadblocks to meet the U.S. National Clean Hydrogen Strategy and Roadmap’s ambitious goals.
EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026
BloombergNEF’s Electric Vehicle Outlook 2023 forecasts an impressive trajectory of EV sales in the U.S., but cautions that faster progress is needed in order to reach net-zero road transport emissions by 2050.
