China’s new auction system drives steep solar price declines
Wood Mackenzie says first provincial auctions under China’s new pricing rules pushed solar bids up to 32% below settlement, signaling tighter margins and a shift to slower, more sustainable growth.
India solar module output to exceed 125 GW in 2025, says Wood Mackenzie
Wood Mackenzie says in a new report that India’s solar manufacturing boom risks overcapacity and calls for a shift from expansion to cost competitiveness.
Chinese suppliers solidify control of Europe’s home battery market
Chinese manufacturers now dominate Europe’s residential storage sector, capturing more than 80% of installations as European companies lose ground amid falling prices and weak policy support.
Wood Mackenzie records solar LCOE of $37/MWh in MENA region
Wood Mackenzie researchers say single-axis PV offers the lowest utility-scale generation costs globally, with efficiency gains and stable supply chains expected to drive down solar’s levelized cost of electricity (LCOE).
US community solar likely peaked in 2024, says Wood Mackenzie
Wood Mackenzie says global solar installations fell 36% in the first half of 2025 and are set to contract 12% annually through 2030.
US grid-scale storage leaps 63%, residential 132%
A report from the American Clean Power Association (ACP) and Wood Mackenzie indicates the utility-scale energy storage sector added 4.9 GW in the April-to-June quarter, representing 63% year-on-year growth, while residential storage increased by 608 MW.
Solar leads as US grid interconnection agreements grow 33%
Interconnection agreements grew 33% year-over-year in 2024 and are sustaining momentum through 2025, said Wood Mackenzie.
US transformer supply may fall sharply in 2025, says Wood Mackenzie
Wood Mackenzie says US power transformer supply could fall 30% and distribution transformers 10% in 2025 due to surging demand and limited manufacturing capacity.
Ireland to meet 2030 target of 8 GW solar, claims Wood MacKenzie
Wood MacKenzie predicts that Ireland will meet its 8 GW 2030 solar target but wind, heat pumps, and electric vehicles (EVs) are all lagging behind theirs. Ireland’s current installed solar capacity is just under 2 GW, but this could be increased thanks to favorable policy, grid investments, and energy storage.
Wood Mackenzie adds AESOLAR to 2025 Global PV Module Manufacturer list
Wood Mackenzie has ranked AESOLAR among the top global PV module manufacturers for 2025, following the company’s recognition as the most improved brand in BloombergNEF’s 2024 Bankability Survey.
