Wood Mackenzie

Emilio J Garcia Rodriguez, from tracker manufacturer PV Hardware, spoke to pv magazine about the company’s activity in the Middle East and North Africa market. Dust, heat and heavy storms complicate the installation and operation of trackers.

A new report by Wood Mackenzie and the American Wind Energy Association shows solar taking the favor of corporate renewable purchasers in 2021 and holding that crown to infinity and beyond.

By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.

A new report from analysts at Wood Mackenzie forecasts 6.6 GWh of residential energy storage to be installed across Europe by 2024. The economics of the technology are at a tipping point, increasingly reaching grid parity in European markets. With rising electricity demand and falling battery system costs, the trend will further spread across the continent and fuel an uptick in demand.

The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.

The world’s biggest solar market could be about to replicate that feat in energy storage, provided it manages to reform the payment system for rewarding the grid services offered by batteries.

Scottish consultancy Wood Mackenzie has raised its 2019 forecast with Florida and Texas starting to deliver on their potential as the U.S. solar market returns to growth.

The U.S.-based company, which is now supplying solar trackers for more than 400 MW of contracted projects in the U.K., Spain and Greece, will bolster its sales presence in Europe, where it anticipates a “solar renaissance.”

Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.

The global market for solar trackers expanded by 20% in 2018, with total international shipments spiking 36% year-on-year to surpass the 20 GW mark, according to a new report by Wood Mackenzie. NEXTracker and Array Technologies maintained their industry dominance, but a number of smaller competitors claimed a greater share of the global market in the 12 months to the end of December than ever before.