Wood Mackenzie

Microgrid and distributed generation

Microgrid installations hit new record in the United States

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.
wind turbine

Wind turbine orders hit $13 billion despite economic downturn in Q1...

Orders made for wind turbine capacity reached $13,4 billion during the first quarter of 2020, according to new analysis from Wood Mackenzie.
Armenia solar pv

Global annual solar PV repairs and maintenance market to hit $9bn

Annual solar pv repairs and maintenance spend will grow to $9 billion by 2025, according to a new study released by Wood Mackenzie.
US offshore wind

The giant’s awake: US offshore wind to top 25GW says Wood...

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.

Subsidy cuts could halve profits of Chinese wind OEMs

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’s energy storage capacity to more than double in 2020

Australia is set to more than double its energy storage capacity installations in 2020 compared to 2019, says Wood Mackenzie.
solar energy market

US solar market records huge loss despite successful first quarter

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.
carbon capture

Power system flexibility key to Europe’s 2050 net zero ambition

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 meet 2020 renewables goal says 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.

Vestas sets a new world record in wind energy installation

Danish original equipment manufacturer Vestas has become has a new wind energy installation record by installing 11.3GW in 2019.

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