US Installed 23.6 GW DC Solar In 2021
SEIA & Wood Mackenzie Seek Policy Certainty For US Solar To Meet 2035 Decarbonization Targets
The US solar market grew 19% annually as it brought online 23.6 GW DC of new solar power capacity in the year 2021, which could have been higher had it not been for high solar prices, trade actions, legislative uncertainty and unprecedented supply ch.
California’s NEM 3.0 To Shrink Residential Solar
Wood Mackenzie: NEM 3.0 To Destruct California’s Residential Solar Demand By Over 2.4 GW DC
Expect more than 2.4 GW DC of residential solar demand ‘destruction’ in California through 2026, if the state administration decides to implement its new net metering tariffs, dubbed NEM 3.0, according to Wood Mackenzie that fears the market to be cut in half by 2024.
US Installed 5.4 GW DC New Solar in Q3/2021
Expect 7.4 GW Less Solar Deployment In US In 2022 With Supply Chain Issues: SEIA & Wood Mackenzie
Logistical challenges and price increases in the global solar supply chain are expected to wipe off as much as 25% or 7.4 GW of forecasted solar installation in 2022 in the US, according to the Solar Energy Industries Association (SEIA) and Wood Mackenzie analysts.
Latin America PV Snippets: Ecuador, Wood Mackenzie, Natixis
Ecuador To Launch 500 MW Renewable Energy Auction On November 27, 2021; Wood Mackenzie Believes Latin America Will Install 11.3 GW DC Solar In 2021; Natixis & CVE Chile Raise $95 Million For 150 MW PV
Ecuador to hold 500 MW RE auction: The CEO of Ecuador’s electricity company Celec has told BNamericas that the country plans to launch a tender for 500 MW of non-conventional renewable energy (NCRE) capacity.
1,500 GW Solar PV Capacity For Asia Pacific By 2030
Wood Mackenzie: Led By China, Asia Pacific To Add 1,500 GW Solar PV Capacity By 2030; Expects Indonesia To Be Fastest Growing Market
A Wood Mackenzie Asia Pacific Solar PV Market Outlook 2021 expects distributed solar to account for 51% of all new installations in the region's top10 solar markets till 2030 due to land constraints.
US Installed 5 GW DC New Solar Capacity In Q1/2021
US Solar Market now 100 GW DC Strong With 5 GW DC Installed In Q1/2021; SEIA & Wood Mackenzie Claim Renewable Energy Accounted For Nearly 100% Of All New Electric Capacity In Q1/2021
Between 2021 and 2026, SEIA and Wood Mackenzie expect the US market to install 160 GW of new solar capacity to reach over 250 GW by the end of 2026.
Wood Mackenzie: Solar Costs To Drop Up To 25% This Decade
Solar Industry ‘Highly Investible’, Says Wood Mackenzie As It Expects 15% To 25% Further Cost Decline By 2030, Making It ‘Cheapest’ Source Of New Power In Every US State, Canada, China & 14 More Nations
Come 2030 and solar will become the cheapest source of new power in every US state, Canada, China and 14 other nations, claims market intelligence firm Wood Mackenzie in its latest report titled Total eclipse: How falling costs will secure solar’s dominance in power.
Wood Mackenzie: 45 GW RE Auction Pipeline In Europe
Expect Europe To Auction 45 GW Renewable Energy Capacity In 2021 With 6 GW Of Solar PV, Says Wood Mackenzie; Expects More Than 30 GW To Be Actually Awarded
In a new report titled European power markets: 5 things to look for in 2021 Wood Mackenzie analysts claim the continent has as much as 45 GW of renewable energy capacity to be auctioned in 2021, comprising 17 GW of wind and 6 GW of solar PV alone.
South Korea May Miss 2030 RE Target
Wood Mackenzie Expects South Korea To Achieve 17% Renewable Energy Share In Total Energy Mix By 2030, Missing 20% Target; Solar To Account For 37.5 GW
Energy and research consultancy Wood Mackenzie believes South Korea will not be able to achieve its 20% renewable energy generation target by 2030; instead it is likely to settle for about 17%.
59 GW PV For Asia-Pacific In 2018: Wood Mackenzie
Wood Mackenzie Forecasts 59 GW Solar PV Installations In Asia Pacific In 2018; Next Five Years To Add 355 GW New Solar Power Capacity With China Leading The Pack
With Asia Pacific moving towards solar auctions and away from subsidies, Wood Mackenzie says that the region will experience lumpy PV demand in the short run, but still over the next five years, it will add 355 GW of new solar capacity..
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