Falling costs, 15 GW of US solar module production, and TOPCon trends
A recent Wood Mackenzie report looks at trends and challenges in the burgeoning US solar market, including manufacturing stimulated by the Inflation Reduction Act.
IRA to drive $114 billion in U.S. renewable energy investments by 2031, report says
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.
U.S. grid-scale and residential energy storage hit installation records in Q3
Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California.
Impact of Inflation Reduction Act delayed by trade and supply chain issues
U.S. Solar Market Insight Q4 2022 forecasts a 23% decline in solar installations.
Sunrise brief: All 13 states in PJM grid region call for PJM to make faster progress on interconnection
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.
Wood Mackenzie acquired by Veritas Capital
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.
Utility-scale solar contract capacity sees record growth in Q2
More than half the activity is taking place in Texas, according to Wood Mackenzie analysis.
Sunrise brief: Installed and operational solar capacity in U.S. may increase threefold in five short years
Also on the rise: Transparent solar glass to debut at RE+ in Anaheim. Metal roofing streamlines solar installations. And more.
Solar in the U.S. is forecast to triple in five years
Capacity is expected to grow from 129 GW today to 336 GW by 2027, said the Solar Energy Industries Association and Wood Mackenzie.
Community solar market forecast to grow 7 GW by 2027
State-level policy has fueled the growth, and pending legislation for community solar programs in five states could add another 1.2 GW, according to Wood Mackenzie
