The US has deployed some 546 new microgrid projects in 2019, setting a new record in installations made within a year, according to Wood Mackenzie.
Orders made for wind turbine capacity reached $13,4 billion during the first quarter of 2020, according to new analysis from Wood Mackenzie.
Annual solar pv repairs and maintenance spend will grow to $9 billion by 2025, according to a new study released by Wood Mackenzie.
The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.
Finance & Investment
Revenue for Chinese wind turbine OEMs could be slashed in half because of the government’s termination of subsidy cuts, according to analysts at energy consultancy Wood Mackenzie.
Australia is set to more than double its energy storage capacity installations in 2020 compared to 2019, says Wood Mackenzie.
The negative impacts of COVID-19 on the US solar energy market have strongly been felt in the second quarter of 2020, according to Wood Mackenzie.
Power flexibility will play a crucial role in helping Europe to achieve its 2050 net-zero target, according to a new report released by Wood Mackenzie.
Bangladesh will not be able to meet its 2020 renewable energy goal but will rather double its fossil fuel imports, according to Wood Mackenzie.
Danish original equipment manufacturer Vestas has become has a new wind energy installation record by installing 11.3GW in 2019.
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