WoodMac sees international floating solar market going beyond 6 GW by 2031
The international market for floating solar installations is projected to go beyond 6 GW by 2031, driven by expanding solar power demand, limited land availability as well as enhancing land prices for ground-mount arrays, Wood Mackenzie claimed last week.
May 29, 2023 // Floating PV, Market Research, woodmac
Tesla Solar Roof sales lag dramatically behind ambitions - WoodMac
Tesla Inc (NASDAQ: TSLA) has set up just 3,000 Solar Roofs, standing for almost 30 MW DC of capacity, throughout the US, given that the electrical car manufacturer revealed its solar roof item in 2016, Wood Mackenzie has estimated.
Apr 3, 2023 // Markets & Finance News, Rooftop PV, Market Research, woodmac, Tesla Solar Roof
Over USD 58bn committed to long-duration storage because 2019, claims WoodMac
Governments and also firms have devoted more than USD 58 billion (EUR 55bn) to long-duration storage space power (LDES) projects around the world over the past three years as they can help make it possible for a grid with more renewables, Wood Mackenzie stated last week.
Dec 13, 2022 // Storage, USA, woodmac, North America, Kevin Shang
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese
A comparable ranking for 2021 by IHS markit in June had shown Sungrow overtaking Huawei, and Solis take number 3 spot. In the Woodmac rankings, Huawei continues to be on the top, with Growatt taking number 3 spot. Chinese firms, that inhabited the top 3 spots in IHS Markit rankings, currently comprise the top 5 inverter vendors according to Woodmac
Jul 8, 2022 // Markets & Finance News, Inverters, Sungrow, SolarEdge, woodmac, pv inverters, Huawei, Ginlong Solis, power electronics, Growatt, GoodWe, 2021 rankings, Global inverter rankings, Sineng Electric
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
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac
Global non-residential solar operations and maintenance (O&M) spend is expected to strike US$ 15 billion by 2030. Yet brand-new study from global power consultancy Wood Mackenzie (Woodmac) shows that progressively affordable auction prices, combined with increasing work and also supply chain expenses, suggest solution vendors deal with difficulties to stay lucrative.
Feb 2, 2022 // Markets & Finance News, NTPC, woodmac, Leila Garcia da Fonseca, adani group, terling and Wilson Solar
Records roll as 'historic' 2020 United States solar deployment tees up decade of growth
The US solar industry smashed multiple records in 2020 as the sector recorded an "historic" 4th quarter, teeing up an honest decade where installations are anticipated to more than quadruple.
Mar 16, 2021 // Markets & Finance News, USA, SEIA, woodmac, North America, investment tax credit, policy, regulation, us solar, woodmackenzie
Energy Storage Market Breaks Quarterly Implementation Record in the US
2,156 MWh of brand-new energy storage systems were brought online in the United States in Q4 2020, making it the new record quarter for US storage.
Mar 5, 2021 // Markets & Finance News, Storage, USA, Jason Burwen, woodmac, North America, Dan Finn-Foley
Australia Requirements Ambitious RE Target Policy to Unlock Investments: WoodMac
Australia requires an enthusiastic long-term Renewable Energy (RE) Target policy to unlock future financial investments, according to Wood Mackenzie
Feb 5, 2021 // Market Research, Australia, woodmac, Oceania, wind, RET Policy, Rishabh Shrestha
Solar cheapest form of brand-new power in significant markets as new tech drives sets you back lower, states WoodMac
Solar is now most affordable form of brand-new electricity in a host of international markets, driven by expense reductions as well as growth of bifaciality, large-area solar modules and trackers.
Jan 21, 2021 // Market Research, USA, Spain, Italy, India, China, LCOE, bifacial, Europe, Asia, woodmac, trackers, grid parity, North America, large-area wafers, large-area modules
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac
A new report by Wood Mackenzie's has actually estimated that the global power storage space capacity additions might grow to get to 741 GWh of cumulative capacity by 2030.
Oct 1, 2020 // Storage, Market Research, Elon Musk, China, Europe, Asia, woodmac, Rory McCarthy, Le Xu
US Energy Storage Market Sets Record for Deployments in Q2: WoodMac
The United States energy storage space market saw its strongest Q2 on record for releases, according to Wood Mackenzie and the United States ESA's newest report
Sep 4, 2020 // Markets & Finance News, Storage, USA, ENERGY STORAGE, woodmac, North America, Market research, Q2, Dan Finn-Foley
The Green Hydrogen Wave, And Its Implications for Renewable Energy
A report today from Wood Mackenzie claims eco-friendly hydrogen prices will fall by approximately 64% by 2040. Those numbers are broadly in accordance with what lots of various other experts have been predicting, though numerous have predicted competition as very early as 2030.
Aug 27, 2020 // Market Research, Solar to Fuel, Wood Mackenzie, hydrogen, woodmac, Ben Gallagher, Mukesh Ambani, Reliance Industries Limited
Record Number of Microgrids Installed in US Last Year: WoodMac
546 microgrids were mounted in the United States during 2019, greater than any previous year, according to new study from Wood Mackenzie.
Jul 23, 2020 // Markets & Finance News, Grids, Market Research, USA, woodmac, North America, Market research, Microgrids, Renewable Energy, Distributed Energy
Australia to add 1.2 GWh of Power Storage Space Capability in 2020: WoodMac
According to new research study, Australia is set to include 1.2 GWh of energy storage ability in 2020, greater than double the 499 MWh installed in 2019.
Jun 17, 2020 // Storage, ENERGY STORAGE, Australia, woodmac, Oceania, Market research, Le Xu