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With the growth outlook for onshore and offshore wind looking healthy, Chinese wind turbine OEMs are hungry for global expansion
Weakness in the global markets for solar modules and batteries is pushing down system costs in the United States
Latin America will install 11.3 GWdc of solar PV capacity in 2021 for a total of 71.9 GWdc by 2026, driven by commercial and industrial clients in the free market (mainly in Brazil and Chile), as auctions take a less meaningful role for procurement.
Singapore's low carbon power target of 4 GW achievable by 2035
Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.
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.
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.
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.
Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.
Massive investment will be needed to meet expected electricity demand growth — how much of that growth is anchored by increasing costs?
What’s changed since our last outlook?
The Carbon Capture, Utilization and Storage (CCUS) Conference is on October 7-8 2026 in Houston, TX where you will have the opportunity to hear insight on the global CCUS landscape and why the US stands out. Find out how evolving carbon markets and technology will drive CCUS beyond 2030.
Mapping a path to achieving announced emissions reduction pledges.
Our view of the most likely energy transition pathway.
How will global power markets evolve over the next decade and beyond?
The future of electricity is at a crossroads, with demand soaring because of AI, EVs and more. Google, Microsoft and Nucor have an innovative plan to boost clean energy tech and aid this rising demand. Tune in to our latest episode of The Energy Gang as host Ed Crooks, alongside experts Dr Melissa Lott and Michael Webber, explore the urgency of this issue and the role emerging technologies must play.
The financing landscape continues to evolve through the tumult
Can Octopus crack the US VPP problem?
Biden's EO announcing a two-year delay of new anti-dumping and countervailing duties on solar cells and modules imported from Cambodia, Malaysia, Thailand and Vietnam is expected to bring some relief to the solar industry.
Innovation, product diversity and partnerships are driving resilience for publicly-traded distributed solar companies.
In Energy View to 2035, our latest assessment of the energy landscape over the next two decades, we use cross-commodity data to analyse what will shape future trends in global energy consumption.
Following a disappointing year, electric vehicles (EVs) could be front and centre of global geopolitics in 2024. How will that change the road ahead?
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
Wood Mackenzie and Let’s Share the Sun Foundation aspires to facilitate the use of solar energy in poor communities around the world. Together our mission is to raise funds to support energy access in Puerto Rico.
Considerable uncertainty remains in 2026
Cheaper batteries, faster charging and greater ranges will make the 2020s the decade of the electric vehicle. Latest analysis from Ram Chandrasekaran.
In this video series, we examine a future in which carbon regulation is tighter, EV use skyrockets and renewable energy costs drop considerably.
When will Tesla make a profit? Will Tesla make a small car? Who makes Tesla batteries? Wood Mackenzie answers your frequently asked questions about US car manufacturer Tesla.
How will the Fiat Chrysler-Peugeot merger work? What electric cars do Fiat Chrysler make? Wood Mackenzie answers your frequently asked questions about the $50 billion merger.
The start of 2020 has already seen significant momentum around electrification and grid edge innovation. However, challenges lie ahead due to the pandemic.
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