This year five states will introduce community solar programs, while net metering continues to be challenged, and flexible financing may offer a competitive edge, said Wood Mackenzie.
A recent Wood Mackenzie report looks at trade, supply chain constraints, and equipment prices that curbed utility-scale solar installations.
Also on the rise: 50 states of solar incentives–Illinois. Falling costs, 15 GW of US solar module production, and TOPCon trends. And more.
A recent Wood Mackenzie report looks at trends and challenges in the burgeoning US solar market, including manufacturing stimulated by the Inflation Reduction Act.
The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) are key to spurring a more rapid U.S. renewable energy economy, Wood Mackenzie notes.
Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California.
U.S. Solar Market Insight Q4 2022 forecasts a 23% decline in solar installations.
Also on the rise: Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA. Wood Mackenzie acquired by Veritas Capital. And more.
With the acquisition of analyst firm, Wood Mackenzie, Veritas expands the datasets it can provide to upstream producers and data asset managers on the global transition to clean energy.
More than half the activity is taking place in Texas, according to Wood Mackenzie analysis.
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