“Wall of money” fighting for U.S. solar projects
Wood Mackenzie notes that new investors and sources of capital are chasing down a limited supply of viable U.S. solar projects and sees tightening targets, expanding project appetite, and evolving techniques.
Asian market to see 355 GW of solar over five years, despite policy challenges
Despite political hurdles in key markets including China, India and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
India to add up to 8.5 GW of RE in FY19
India is likely to add between 8-8.5 GW of renewable energy generation capacity in the current financial year ending March 2019, according to research and rating agency ICRA Limited.
2035: The renewable energy tipping point
The tipping point, where the world shifts from oil and gas to renewables, will be the year 2035, says Wood Mackenzie. This is when renewables and electric-based technologies converge, with around 20% of global power needs being met by solar or wind, and roughly 20% of miles traveled by cars, trucks, buses and bikes using electricity. Will the transition come soon enough, however?
Your appliances can save the grid (and allow more solar)
A new report by Wood Mackenzie finds a surprising amount of potential demand flexibility in U.S. homes, which can make the job of integrating more solar and wind easier.
H1 2018 Inverter shipments: Utility-scale growth and China 31/5 fall-out
The global top three companies have not changed compared to the 2017 ranking. Still in the U.S., SMA has lost its pole position to Solaredge. Ingeteam, meanwhile, is capitalizing massively on stable growth in the utility-scale market, and jumps from rank 18 to fourth.
US triples energy storage installations
Wood Mackenzie projects that the U.S. energy storage market will reach well over US$500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.
