• News Release

  Renewables and nascent low-carbon technologies most exposed to high interest rates

  • 18 abril 2024

  If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

• News Release

  Global nuclear SMR project pipeline expands to 22 GW, increasing more than 65% since 2021

  • 07 marzo 2024

  The small nuclear reactor (SMR) project pipeline reached 22 GW in the first quarter of 2024, an expansion of 65% since 2021, according to a recent report by Wood Mackenzie. The current total project pipeline would require an investment of close to US$176 billion.

• News Release

  Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

  • 06 marzo 2024

  The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

• News Release

  Brazil power market to install 115 GW of new capacity by 2034

  • 14 agosto 2024

  The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 years.

• News Release

  US community solar market to break 14 GWdc of cumulative capacity by 2029

  • 08 agosto 2024

  7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029.

• News Release

  Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

  • 08 agosto 2024

  Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.

• News Release

  Global PV inverter shipments grew by 56% in 2023 to 536 GWac

  • 06 agosto 2024

  Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

• News Release

  Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

  • 25 julio 2024

  Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

• News Release

  Solar and wind uptake to reach 5.4 TWac from 2024 to 2033

  • 08 julio 2024

  From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets.

• News Release

  South America to see onshore wind capacity double in the next 10 years

  • 09 julio 2024

  South America’s cumulative onshore wind capacity will double to 79 GW in the next 10 years as developers install 40 GW of new capacity by 2033.

• News Release

  Wood Mackenzie appoints Xizhou Zhou as new head of Power and Renewables Business

  • 04 junio 2024

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.

• News Release

  Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

  • 11 junio 2024

  Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

• News Release

  China leads global wind turbine manufacturers’ market share in 2023

  • 01 mayo 2024

  China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.

• News Release

  Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

  • 06 febrero 2023

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.

• News Release

  Veritas Capital completes acquisition of Wood Mackenzie

  • 02 febrero 2023

  Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

• News Release

  US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

  • 19 enero 2023

  The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  US community solar growth slowed 16% in 2022; national market expected to double by 2027

  • 15 febrero 2023

  US community solar installed capacity declined 16% in 2022 compared to last year, primarily driven by interconnection delays hindering growth in key state markets such as Massachusetts, Maine, and Maryland. Industry-wide supply chain constraints also pushed project timelines into 2023, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  Renewable power competitiveness in Asia Pacific worsened in 2022

  • 14 febrero 2023

  The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. The trend is expected to reverse in 2023, but volatility risks including geopolitical tensions, trade policy and financing remain according to latest analysis from Wood Mackenzie.

• News Release

  US energy storage market continues to expand rapidly

  • 15 marzo 2023

  Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.

• News Release

  China drives global wind turbine orders to new record in 2022

  • 08 marzo 2023

  Global wind turbine order intake hit new highs in 2022, with 44 gigawatts (GW) procured in Q4 and 134.6 GW for the year, both records. Dominated by activity in China, annual investment reached an estimated $74.2 billion, according to new analysis from Wood Mackenzie.

• News Release

  California dwarfs all other VPP markets in North America

  • 29 marzo 2023

  California dwarfs all virtual power plant (VPP) markets in North America, housing 24% of projects in the region, according to Wood Mackenzie’s ‘North America VPP market: H1 2023’ report.

• News Release

  Global wind energy to top 1 TW threshold by the end of 2023

  • 11 abril 2023

  The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.

• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 27 marzo 2023

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

• News Release

  US$36.4B of grid modernization planned by investor-owned utilities

  • 18 abril 2023

  In efforts to modernize distribution grids, 25 investor-owned utilities (IOU) have filed for $36.4 billion of investment.

• News Release

  Oil and mining companies must adapt new strategies to deliver low-carbon transition

  • 20 abril 2023

  As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

• News Release

  EV charger installations in the US are poised to grow fourfold by 2027

  • 28 junio 2023

  Wood Mackenzie estimates the number of charging ports in the US to reach close to 18 million by 2027, with most chargers in the residential category. However, the residential market share will slightly decline in that period as the public and commercial EV charging segments grow.

• News Release

  Should gas resource holders target LNG exports or blue ammonia?

  • 15 junio 2023

  The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

• News Release

  US grid-scale energy storage installations record second-straight quarterly decrease

  • 14 junio 2023

  Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.

• News Release

  China’s solar exports booming, up 64% in 2022 despite global trade tensions

  • 23 mayo 2023

  China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

• News Release

  South American onshore wind power to expand 122% through 2032

  • 12 julio 2023

  Free market expansion will be one of the main drivers of onshore wind growth in the next 10 years in South America. The total wind market is set to add 41.2 gigawatts (GW) of onshore projects through 2032, based on a new analysis from Wood Mackenzie.