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News Release
Global solar PV installations to reach record high in 2019
- 25 July 2019
Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% on 2018, according to new research from Wood Mackenzie.
News Release
U.S. solar market sees best Q1 in history
- 18 June 2019
New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019
News Release
Asia Pacific's solar-plus-storage could see key developments in next five years
- 14 May 2019
In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.
News Release
Global storage market to grow from 12 GWh to 158 GWh by 2024
- 09 April 2019
The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables.
News Release
New technology investments to boost growing global wind market
- 06 December 2018
Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...
1427 related products from the Store that match
- Market Report
  Europe residential energy storage outlook 2025
  - 02 October 2025
  This regional report provides a ten-year market outlook update for Europe residential energy storage segment. It covers the current and emerging drivers and barriers, key market trends, policy updates, and capacity outlooks for 23 European countries. It also provides insight into residential system costs and key residential battery vendors. This report will help clients understand everything they…
- Market Report
  Central and Eastern Europe solar PV market 2025
  - 30 September 2025
  Our Central and Eastern Europe solar PV market outlook 2025 covers the main solar market drivers, opportunities and barriers for large-scale development and distributed solar PV in Poland, Hungary, Czechia, Slovakia, Romania, Bulgaria, Ukraine, Moldova and Belarus. Surpassing 136 GWdc in solar PV deployments in the next ten years, regional solar cumulative capacity is set to almost quadruple by…
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Comment
India's renewables to contribute 13% of power generation mix in five years, double the amount today
- 15 October 2018
India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.
Comment
Who will finance Asia's coal power projects?
- 05 January 2018
Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.
News Release
Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration
- 29 June 2022
Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.
News Release
Latin America offshore wind to see 34 GW of installed capacity by 2050
- 18 October 2022
Driven by the growth of off-grid green hydrogen projects, Latin America will see a sharp increase in offshore wind projects, with capacity reaching 34 Gigawatts (GW) by 2050, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
Long-duration energy storage projects attract more than US $58 billion investment over last three years
- 07 December 2022
Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.
News Release
US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031
- 19 January 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
Oil and mining companies must adapt new strategies to deliver low-carbon transition
- 20 April 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
China’s solar exports booming, up 64% in 2022 despite global trade tensions
- 23 May 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 July 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.
News Release
Top 10 solar PV inverter vendors account for 86% of global market share
- 14 August 2023
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
H1 global wind turbine orders hit new high at 69.5 GW
- 31 August 2023
Global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year, according to a new analysis from Wood Mackenzie.
News Release
Global energy storage integrator market grows increasingly competitive in 2022
- 30 October 2023
The global Battery Energy Storage Systems integrator market has grown increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments.
News Release
Southern cone gas and power market to invest US$46 billion in gas production and US$94 billion in new power supply through 2033
- 30 November 2023
Driven by advances in batteries and lower costs, solar will outpace wind growth rates and become the leading technology for expansion over the next ten years in Argentina, Brazil, and Chile. The total solar market is set to add 48 gigawatts (GW) of utility and distributed projects, while wind will add 31 GW of onshore projects through 2033, with the total investment in new power supply leading to a cumulative capacity of 400 GW by 2033, based on a new analysis from Wood Mackenzie.
News Release
US V2X installed capacity to double to 40 MW in 2025
- 27 March 2025
The vehicle-to-everything market (V2X) is expanding, with installed capacity expected to double to 40 megawatts (MW) in 2025, according to a new report from Wood Mackenzie. According to the report “Power from the people: The state of the vehicle-to-everything (V2X) market” this expansion will be driven largely by school bus electrification programs. School buses provide significant downtime combined with their reliable duty cycles and large batteries.
News Release
Chinese OEMs sweep the global wind podium for the first time
- 14 March 2025
Wood Mackenzie's latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: • Goldwind maintained its lead for the third consecutive year, installing 20 GW – a more than 20% increase on 2023 and more than 60% increase on 2022. • Five OEMs installed double-digit GW for the first time, with Chinese manufacturers benefiting from robust domestic demand and Vestas dominating markets outside China. • The Chinese market grew by almost 12% year-over-year to a record more than 80 GW, accounting for more than 60% of annual connected capacity globally. • Installations outside China declined by 9% year-over-year, impacting Western OEMs.
News Release
Brazil power market to install 115 GW of new capacity by 2034
- 14 August 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
Renewables and nascent low-carbon technologies most exposed to high interest rates
- 18 April 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
US wind market installations hit a decade low
- 08 April 2025
The U.S. wind market continued a downward trend in 2024, with 5.2 gigawatts (GW) of total installations, the lowest in 10 years, according to the U.S. Wind Energy Monitor report released by Wood Mackenzie. The report shows that 3.9 GW of onshore builds came online last year, along with 1.3 GW of onshore repowers and 101 megawatts (MW) of installed offshore capacity.
News Release
Proposed US House budget reconciliation bill poses many challenges to renewable energy industry
- 15 May 2025
Solar, wind, and energy storage forecasts potentially downgraded, while 95% of announced green hydrogen projects are at risk.
News Release
Tesla remains the top global producer of battery energy storage systems in 2024, but Sungrow narrows the gap
- 07 August 2025
Tesla retained its top spot for the second year-in-a-row as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2024, according to Wood Mackenzie’s Global battery energy storage system integrator ranking 2025 report.
News Release
Virtual power plant capacity expands 13.7% year-over-year to reach 37.5 GW, according to Wood Mackenzie
- 17 September 2025
The virtual power plant (VPP) market grew rapidly over the last year, reaching 37.5 GW of behind-the-meter flexible capacity, according to a new report from Wood Mackenzie.
Editorial
The next five years will see massive distributed energy resource growth
- 23 June 2020
The momentum is clear, despite COVID-19 impacts in 2021
Editorial
Solar and storage prices falling faster than expected
- 13 July 2020
Weakness in the global markets for solar modules and batteries is pushing down system costs in the United States
Editorial
Decarbonization of big oil – Shell's evolution to big power
- 15 July 2019
Shell's shift to a lower carbon footprint will transform it from one of the biggest oil companies in the world to the world's largest electricity company.
Editorial
Chinese wind asset owners venture out on global stage
- 30 October 2018
As conditions on their home ground become more challenging, Chinese asset owners are branching out abroad, investing in markets like Australia.

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Search results: 1954

Global solar PV installations to reach record high in 2019

U.S. solar market sees best Q1 in history

Asia Pacific's solar-plus-storage could see key developments in next five years

Global storage market to grow from 12 GWh to 158 GWh by 2024

New technology investments to boost growing global wind market

1427 related products from the Store that match

Europe residential energy storage outlook 2025

Central and Eastern Europe solar PV market 2025

India's renewables to contribute 13% of power generation mix in five years, double the amount today

Who will finance Asia's coal power projects?

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

Latin America offshore wind to see 34 GW of installed capacity by 2050

Long-duration energy storage projects attract more than US $58 billion investment over last three years

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

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

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

South American onshore wind power to expand 122% through 2032

Top 10 solar PV inverter vendors account for 86% of global market share

H1 global wind turbine orders hit new high at 69.5 GW

Global energy storage integrator market grows increasingly competitive in 2022

Southern cone gas and power market to invest US$46 billion in gas production and US$94 billion in new power supply through 2033

US V2X installed capacity to double to 40 MW in 2025

Chinese OEMs sweep the global wind podium for the first time

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

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

US wind market installations hit a decade low

Proposed US House budget reconciliation bill poses many challenges to renewable energy industry

Tesla remains the top global producer of battery energy storage systems in 2024, but Sungrow narrows the gap

Virtual power plant capacity expands 13.7% year-over-year to reach 37.5 GW, according to Wood Mackenzie

The next five years will see massive distributed energy resource growth

Solar and storage prices falling faster than expected

Decarbonization of big oil – Shell's evolution to big power

Chinese wind asset owners venture out on global stage