Indonesia, India & China Account for Almost 70% of Demand for Floating PV in '22: WoodMac
In a significant searching for, the report adds that 15 nations are approximated to go across 500 MW of cumulative floating PV setups by 2031. These consist of China, India, Indonesia, South Korea, and Vietnam in the leading five.
Jun 1, 2023 // Markets & Finance News, Floating PV, Market Research, Wood Mackenzie, Floating solar, Demand for Floating PV, Floating PV installations
Global floating solar 'to pass 6GW by 2031'
Wood Mackenzie evaluation forecasts that 15 countries will each go beyond 500MW in eight years' time
May 25, 2023 // Plants, Floating PV, Wood Mackenzie
Wood Mackenzie: China's Solar Exports Boom 64% In 2022 Despite Global Trade Tensions
High power costs obliged consumers as well as designers from around the globe to get even more photovoltaic panels from China. Europe continued to be the China's top solar module export market with 56% share.
May 24, 2023 // Market Research, Wood Mackenzie, China, Asia, solar cell, solar panel, Alex Whitworth
Chinese solar exports soar
Europe continues to be the leading destination for PV modules making up 56% of global demand, claims Wood Mackenzie
May 23, 2023 // Markets & Finance News, USA, Wood Mackenzie, China, Asia, North America
IRA to Swell United States Renewables Investment to $114 Billion: Wood Mackenzie
The report stated that a rise from $64 billion in 2022 to virtually $114 billion is expected by 2031. The report called, 'Boom time: what the Inflation Reduction Act (Act) implies for US renewables suppliers', dives in the efficiency of law when it come to equipment production growth.
Jan 20, 2023 // Markets & Finance News, Market Research, USA, Wood Mackenzie, North America
Grid-scale, residential energy storage installments established new quarterly records
The utility-scale energy storage space market set up 4,733 MWh in Q3 2022, going beyond the previous quarterly high of 4,590 MWh set in Q1 2021. This info is in the most up to date "united state Energy Storage Display" record from ACP and Wood Mackenzie. Grid-scale storage releases in Q3 primarily came from California and Texas, which accounted for 96% of overall mounted capacity.
Dec 16, 2022 // Residential, Grids, Market Research, USA, Jason Burwen, Wood Mackenzie, North America, Vanessa Witte
Mosaic Surpasses $10 Billion in Loans Funded for Residential Solar, Sustainable Homes in US
This double-digit milestone comes just seven weeks after announcing $9 billion in loans funded. The fintech company expects the Inflation Reduction Act to speed up clean energy items' fostering with customer incentives and tax breaks.
Nov 10, 2022 // Markets & Finance News, Wood Mackenzie, residential solar, Mosaic, Billy Parish, rooftop solar, Inflation Reduction Act, Congressional Bank, energy-efficient home improvements, fintech
US sets up 'record levels' of grid batteries in Q2
Installations reached 2608MWh having been boosted by a series of implementations in Texas, claims WoodMac
Sep 15, 2022 // Markets & Finance News, Storage, USA, Wood Mackenzie, North America, Vanessa Witte
GoodWe Listed Among Top 3 Hybrid Inverter Suppliers Around The World by Wood Mackenzie
GoodWe was noted as one of the leading 3 hybrid inverter suppliers internationally in 2021, taking about 13% worldwide market share according to data released by Wood Mackenzie, the globe's leading authority on power research. Considering that its facility in 2010, GoodWe informed that they have actually been continually concentrating on PV inverters and energy storage remedies and have actually gained an affordable foothold in the industry.
Aug 23, 2022 // Inverters, Market Research, Wood Mackenzie, GoodWe, green energy, GoodWe EH series, University of Applied Sciences, HTW, GoodWe ET series
US community solar to grow 7GW by 2027 as even more states want to expand access
At least 7GW of US community solar is anticipated ahead online in the next 5 years, according to new research study from Wood Mackenzie (WoodMac).
Aug 5, 2022 // Markets & Finance News, USA, New York, Wood Mackenzie, North America, Community Solar, ccsa, coalition for community solar access
500GW of Energy Storage Will Be Globally Readily Available By 2031: Wood Mackenzie
Market development for worldwide energy storage has actually been uneven, with cumulative storage implementations anticipated to get to 500 gigawatts (GW) by 2031. Only 159-gigawatt hrs (GWh) are forecasted for the region by 2031, contrasted to 422 GWh for China and 600 GWh for the USA, as the region's grid-scale market struggles to stabilise.
Jul 28, 2022 // Storage, Wood Mackenzie, Renewable Energy, International, green energy
Huawei, Sungrow keep PV inverter market management as GoodWe climbs rankings
Huawei and also Sungrow have actually kept their leadership of the solar inverter market for the 7th year straight, according to Wood Mackenzie.
Jul 12, 2022 // Inverters, Sungrow, Wood Mackenzie, inverter, Huawei, GoodWe, inverter manufacturing
US sets up 4.7 GWh storage in Q4 2021
4th quarter saw more capacity set up than in the very first 3 quarters incorporated, states WoodMac
Mar 24, 2022 // Storage, USA, Jason Burwen, Wood Mackenzie, North America
Seeking greater electrification in Sub-Saharan Africa: 'The future of energy may be built there'
The drive to electrify Sub-Saharan Africa will certainly need US$ 350 billion of financial investment and also might expose an alternative vision for the energy transition that concentrates on a decentralised, bottom-up solar-and-storage abundant grid that benefits from affordable solar power, according to research study company Wood Mackenzie.
Mar 21, 2022 // Residential, Markets & Finance News, Wood Mackenzie, utilities, woodmac, energy transition, SUB-SAHARAN AFRICA, distributed generation
United States utility-scale solar enhancements to drop this year as a result of unstable prices, supply chain issues
US solar deployment got to a record high in 2021, but with unpredictable product prices and also supply chain uncertainty leading to project delays and also cancellations, utility-scale enhancements are set to get this year.
Mar 10, 2022 // Residential, Markets & Finance News, USA, SEIA, ITC, Wood Mackenzie, North America, policy, Community Solar, commercial and industrial, deployment statistics, pricing
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