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News Release
General Motors to hit 5 million electric vehicle sales by 2030
- 14 七月 2020
General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.
News Release
Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020
- 17 六月 2020
According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.
News Release
Vestas breaks annual wind turbine installation record
- 11 五月 2020
Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.
News Release
150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession
- 22 四月 2020
Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.
News Release
US storage market sets power capacity record with Q4 2019 deployments
- 10 三月 2020
The United States energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage.
Comment
French major Total to take 50% stake in Adani solar unit
- 07 二月 2020
Speaking after French major Total announced it planned to buy a 50% stake in Indian company Adani Green Energy’s solar unit, Tom Heggarty, principal analyst with Wood Mackenzie’s Energy Transition Practice, said: “Total has been extremely active in the power and renewables M&A market as it seeks to diversify its activities and grow its exposure to the zero-carbon power sector."
News Release
Will renewables displace conventional fuels in Asia’s growth markets in the 2020s?
- 05 二月 2020
In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade.
News Release
Volkswagen to become world’s largest electric vehicle manufacturer by 2028
- 14 一月 2020
Volkswagen has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles by 2028. Wood Mackenzie expects the company to miss this target. However, according to Wood Mackenzie's analysis, VW will hit 14 million EVs by 2028 - making it the world's largest EV manufacturer by the end of the decade.
News Release
Europe to spearhead renewable energy cost reductions for offshore wind through 2028
- 18 十一月 2019
Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of $133/MWh in 2019 to $51/MWh in 2028, according to new research by Wood Mackenzie.
News Release
Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040
- 12 十一月 2019
Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.
News Release
Europe and North America will have over 1 million workplace EV chargers by 2025
- 06 十一月 2019
The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025, according to new research from Wood Mackenzie.
News Release
China to become largest energy storage market in Asia Pacific by 2024
- 09 七月 2019
China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.
News Release
Global wind power capacity to grow by 60% over next 5 years
- 08 七月 2019
Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new research from Wood Mackenzie Power & Renewables.
News Release
New European solar installations to double over next 3 years
- 26 六月 2019
New solar installations within the European market will double in the next 3 years to reach a level of approximately 20GW/year. Total installed capacity in the region will surpass 250GW by 2024, according to new research from Wood Mackenzie Power & Renewables.
News Release
US energy storage market grows 232% year-over-year in Q1 2019
- 04 六月 2019
New research from Wood Mackenzie finds that the U.S. energy storage market broke its previous record for megawatts deployed in a single quarter in Q1 2019.
News Release
U.S. energy storage market to double two years running
- 06 三月 2019
The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...
News Release
What do the US mid-term election results mean for renewable energy?
- 21 十一月 2018
The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.
News Release
Solar PV to overtake onshore wind in Latin America from 2023
- 16 十一月 2022
Solar PV will become the most cost-competitive technology in Latin America from 2023, according to Wood Mackenzie’s latest research report, ‘Latin America levelized cost of electricity (LCOE)’ which examines the power technology and generation landscape across the region to 2050. Solar will also displace onshore wind, currently the most attractive renewable energy source in Brazil, by 2025.
News Release
US microgrid market develops at rapid pace, with capacity reaching 10 GW in 2022
- 06 二月 2023
The US microgrid market reached 10 gigawatts (GW) in the third quarter of 2022, with more than 7 GW in operation and the rest in planning or construction stages, according to latest analysis from Wood Mackenzie’s Grid Edge Service.
News Release
Policy-driven supply constraints cause steep drop in solar installations in 2022
- 09 三月 2023
According to the U.S. Solar Market Insight 2022 Year in Review released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, utility-scale installations fell by 31% year-over-year to 11.8 GW, the sector’s lowest total since before the COVID-19 pandemic.
News Release
Offshore wind sector doubled down on tangible opportunities in 2023
- 31 一月 2024
Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.
News Release
Solar inflation reverses as renewable costs in Asia reach all-time low
- 29 二月 2024
Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region
News Release
World heading for a 3°C warming trajectory, as political headwinds slow the energy transition
- 02 五月 2024
A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.
News Release
US energy storage market breaks installation record in Q4 2023
- 20 三月 2024
The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today.
News Release
Record highs for global wind turbine order intake in 2023
- 18 三月 2024
Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.
News Release
U.S. Solar Industry Sees Worst Quarter Since 2020
- 07 六月 2022
The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.
News Release
China could ease restrictions on Australian coal and increase supply to alleviate power crunch
- 08 十月 2021
Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.
News Release
Global energy storage set to triple in 2021
- 07 十月 2021
New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.
News Release
Drought puts pressure on Brazil’s power sector
- 08 九月 2021
The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.
News Release
Solar energy to boost demand for base metals
- 09 八月 2021
According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

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