wood mackenzie

Wood Mackenzie and the CCSA expect the US community solar sector to add 7.3GW of new capacity in the next five years.

China accounted for more than half of the 536GW of solar PV inverters shipped globally in 2023, due to the country's solar growth last year.

JP Casey reports on recent developments in Western Europe, where past and future elections are creating waves.

Wood Mackenzie’s ‘Global solar PV tracker market share’ report highlights that the top ten vendors accounted for 90% of the global market share in 2023.

From January to May this year, 251 new solar projects became operational in the US, with a combined capacity of 10,669MW.

The world will add 3.8TWac of new solar capacity by 2033, alongside 1.6TW of new wind capacity, according to Wood Mackenzie.

JA Solar tops the list with the score of 82.9 out of 100, followed by Trina Solar (81.7), JinkoSolar (80.8) and Canadian Solar (78.5).

The US installed 11.8GWdc of capacity in the first quarter of 2024 and added more than 40GW of solar capacity last year, according to SEIA.

A win by the US Republican Party in this year’s election could decelerate the country’s energy transition and reverse decarbonisation policies.

Currently, over 50% of US solar installations, including residential, C&I and large scale ground mounted solar, have come online since 2020.