Five trends for energy storage as global market passes 100 GW
A new report from Wood Mackenzie identifies five key trends that will define the energy storage industry in 2026, including supply chain restructuring and the rise of non-lithium batteries.
Hydrogen faces ‘year of reckoning’ in 2026, says Wood Mackenzie
Wood Mackenzie’s 2026 market outlook for hydrogen expects non-biological origin hydrogen to gain momentum and ammonia crackers to reach commercial scale but predicts the Middle Eastern market to retreat and the EU to abandon its industrial hydrogen mandates.
Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking
Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
JA Solar, Trina Solar tie for top spot in Wood Mackenzie ranking
Wood Mackenzie’s first-half 2025 solar module ranking places JA Solar and Trina Solar jointly at No. 1 and introduces a new “Grade A” benchmark aimed at procurement and project finance decisions.
US energy storage installations surpass 2024 total by Q3 2025
US energy storage deployments exceeded full-year 2024 levels within nine months, led by utility-scale projects and sustained residential growth, according to industry data.
Wood Mackenzie predicts 2-year decline in global solar inverter demand
Wood Mackenzie’s latest analysis expects market uncertainty in China, Europe and the U.S. to cause two consecutive years of contraction in the global solar inverter market, forecasting a fall to 577 GWac this year and 523 GWac in 2026.
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).
