Tag: Wood Mackenzie
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Unprecedented energy storage growth predicted in Wood Mac’s Q3 U.S. Energy Storage Monitor
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ’US Energy Storage Monitor’ report, 476 megawatts (MW) of storage were deployed in Q3 2020. This is an increase of 240% over the previous high, set last quarter. As noted in the research, the new record for storage is not an anomaly but rather a signRead More — Solar Builder magazine
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Solar price declines will continue in 2020s led by solar module improvements, declining capex
The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly, driven by much cheaper solar modules. Can those price declines continue into the 2020s? New research from Wood Mackenzie says yes,Read More — Solar Builder magazine
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A look at Tesla’s plan for a better battery cell, streamlined supply chain
Tesla’s Battery Day this week came with the usual hype, and this year it may have delivered as CEO Elon Musk revealed a completely new battery cell that not only holds promise to totally outperform its previous cells, but also be much cheaper thanks to manufacturing and supply chain efficiencyRead More — Solar Builder magazine
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Non-utility solar installations definitely slowed by Covid in Q2, says SEIA, Wood Mackenzie
The U.S. solar market installed 3.5 gigawatts (GW) of new solar PV capacity in Q2 2020, only a drop of 6% from Q1 installations, but that’s propped up by utility-scale projects (71% of total capacity brought online). The U.S. Solar Market Insight Q3 2020 report, released today by the SolarRead More — Solar Builder magazine
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United States energy storage sector hits deployment record in second quarter (residential up 28%)
According to Wood Mackenzie and the U.S. Energy Storage Association’s latest ‘US Energy Storage Monitor’ report, 168 megawatts were deployed in second quarter of 2020. This is an increase of 72% quarter over quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind the fourth quarterRead More — Solar Builder magazine