Tag: market research
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Ohm Analytics reports DG solar market grew 6% in Q2
The distributed generation (DG) solar market grew at 6% with just over 2 GW of installed capacity in Q2 of 2023, according to a new report by Ohm Analytics. The company provided highlights for several categories for residential and non-residential solar and storage installation. Residential solar Residential PV capacity was up 11% in Q2 with……
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U.S. community solar capacity expected to break 6 GW in 2023 despite concerns
A new report shows that cumulative U.S. community solar capacity is expected to exceed 6 GW this year, despite a slowdown in growth. U.S. community solar Installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as……
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Study: Climate change is impacting U.S. solar energy generation
A new study conducted by climate and energy analytics company Sunairio found that climate change is increasingly impacting U.S. solar energy generation. Traditional, industry-standard solar production risk assessment approaches are based on decades-old methods that use historical data and which crucially omit the growing influence of climate trends. As a result, pre-construction energy models over-predict……
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Research shows capital spending flowing to solar power amid energy transition
The energy transition is apparent in capital spending, with the bulk of state-level investments in the United States market targeting solar power, according to new data released by Industrial Info Resources. The industrial market research firm found that an estimated $880 billion in North America is going toward either renewable power or energy storage. Power……
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New EV charger capacity will overtake distributed solar installs this year
The US Distributed Energy Resource (DER) market is expected to nearly double in capacity from 2022 to 2027, with capital expenditure reaching US $68 billion per year, according to Wood Mackenzie’s ‘2023 US Distributed Energy Resource Outlook’ report. This new analysis from Wood Mac shows that 262 GW of new DER and demand flexibility capacity……