Wood Mackenzie

The UNITED STATE solar industry expanded 43% and also set up a record 19.2 gigawatts (GWdc) of ability in 2020, according to the UNITED STATE Solar Market Insight 2020 Year-in-Review report, released today by the Solar power Industries Association (SEIA) as well as Wood Mackenzie.

The UNITED STATE solar market expanded 43% and also mounted a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the UNITED STATE Solar Market Understanding 2020 Year-in-Review report, released today by the Solar Energy Industries Association (SEIA) and also Wood Mackenzie.

The Asia-Pacific region will certainly remain to be the globe's leading centre of lithium-ion cell production for the following decade, yet it won't just be cost decreases in batteries that will certainly drive a 30% decrease in front-of-meter battery storage in key markets China, Australia as well as South Korea.

A floating PV solar array prepared for procedure at a dam in South Korea will certainly be the world's biggest built at such a facility. We talked with the group to figure out more about the project and the future possibility of such modern technology.

In 2021, regarding 45 GW of renewables are in the pipeline to be tendered in Europe. The complete includes 17 GW of wind and also 6 GW of solar PV, with the staying auctions being either technology-neutral or putting on a number of sources, according to a report published by Wood Mackenzie.

This year is readied to be a record-breaker for renewables auctions in Europe, as countries across the continent look to increase clean energy deployment to get to 2030 exhausts reductions targets.

UNITED STATE solar companies mounted 3.8 gigawatts (GW) of brand-new solar photovoltaic (PV) capacity in Q3 2020, a 9% boost from Q2 installments as the industry experienced a recovery from the most awful influences of the COVID-19 pandemic.

Project sizes are boosting, larger-format modules are leading of mind, as well as locating brand-new price performances is a priority for companies across all market segments.

Utility-scale market was the 'primary driver' audit for 2.7 GW, says Wood Mackenzie.

Wood Mackenzie claims government auctions need to incentivise flexible power

Wood Mackenzie experts provide an overview as well as solar pricing for the Latin American market.

The value of the international tracker market will certainly surpass the fixed-tilt market this year.

The U.S. solar market remains strong, though pandemic work stoppages remain to create difficulties for distributed solar.

US large-scale solar release remained resilient throughout a pandemic-stricken Q2, but rooftop solar installs fallen down by virtually one-quarter as shelter-in-place orders dented activity.

Solar and also wind power stand for a US$ 1 trillion financial investment possibility in Asia Pacific this years, equivalent to two-thirds of the area's total power generation industry, as countries move far from fossil fuel generation in favour of greener choices.