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Wood Mackenzie

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.

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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.

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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.

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.

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