wood-mackenzie

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Chinese Low-Cost Solar Exports Challenge US, EU and India Reshoring Policies

China’s solar exports surged by 64% to $52 billion in 2022, on the back of low-cost supply and technological expertise, despite global trade tensions, according to a...

May 23, 2023

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Satish Shetty

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Manufacturing

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Markets & Policy

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Solar
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Tesla Misses Rooftop Solar Installation Target by Big Margin: Report

A recent report by Wood Mackenzie said that Tesla Solar Roof achieved 2% of its weekly rooftop solar systems installation target last year due to increasing competition....

March 31, 2023

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Satish Shetty

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Markets & Policy

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Rooftop

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Solar
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Indian Corporates are Top Green Energy Buyers in the Asia Pacific Region

India led the corporate renewable procurement market in the Asia Pacific (APAC) region for the second consecutive year by procuring 8.1 GW of capacity, according to a...

November 18, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Overall solar installations across all market segments in the United States are likely to triple in size, increasing from 129 GW to 336 GW in the next five years, a...

September 13, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Battery Storage Company Flux Power’s Revenue Up by 89% YoY in Q3 FY 2022

U.S.-based lithium-ion storage solutions provider Flux Power Holdings recorded $13.2 million in revenue in the third quarter (Q3) of the fiscal year 2022, an increase of...

May 17, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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US Installs a Record 4.7 GWh of Energy Storage Capacity in Q4 2021

The U.S. energy storage system (ESS) market registered a record growth in new system installations with 4,727 MWh in the fourth quarter (Q4) of 2021, according to global...

March 28, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Global Lithium-ion Battery Capacity to Increase Five-Fold to 5,500 GWh by 2030: Report

According to Wood Mackenzie, a global research and consultancy firm, the cumulative lithium-ion battery capacity is likely to rise over five-fold to 5,500 GWh between...

March 24, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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US Solar Industry Grows by 19% YoY with 23.6 GW Installed in 2021

According to the latest U.S. Solar Market Insight report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar sector has...

March 14, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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US Community Solar Market to Add 4.5 GW of New Capacity in the Next Five Years: Report

The community solar market of the United States will add 4.5 GW of new solar capacity in the next five years, according to a recently released report by Wood Mackenzie,...

February 27, 2022

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Harsh Shukla

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Markets & Policy

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Solar
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Renewable Power to be 12% to 29% Cheaper than Fossil Fuel in India, China, Australia: Report

India, China, and Australia are the top three countries where renewable energy is cheaper by 12% to 29% compared to the lowest-cost fossil fuel, Wood Mackenzie, a...

January 18, 2022

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Harsh Shukla

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Other

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Renewable Energy
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U.S. Installs 3.51 GWh of New Energy Storage Capacity in Q3 2021: Report

The United States installed a record 3.51 GWh of new energy storage capacity in the third quarter (Q3) of 2021, Wood Mackenzie said in a report. In Q3 2021, the...

December 15, 2021

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Harsh Shukla

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Energy Storage

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Market & Policy
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Proposed Steep Duties Could Cost US 18 GW of Solar Deployment by 2023: SEIA

The United States solar industry could miss out on 18 GW of solar deployment by 2023 due to steep duties proposed by an anonymous group of petitioners, the Solar Energy...

September 28, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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US Adds 5.7 GW of Solar Capacity in Q2 2021

According to the latest US Solar Market Insight Report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the US solar market has installed...

September 15, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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US Installs 345 MW of New Energy Storage Systems in Q2 2021: Report

According to Wood Mackenzie’s latest report, the United States installed 345 MW of new energy storage systems in the second quarter (Q2) of 2021 – a year-over-year (YoY)...

September 14, 2021

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Rahul Nair

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Energy Storage

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Market & Policy
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India Leads Corporate Renewable Procurement Market in Asia-Pacific: Report

Corporate renewable power purchase agreements (PPA) begin to play a significant role in the decarbonization efforts of Asia-Pacific, Wood Mackenzie has said in a recent...

August 25, 2021

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Harsh Shukla

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Other

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Renewable Energy

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