wood-mackenzie

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US Energy Storage Grows at Record Pace with 8.7 GW, Nearly Doubling in 2023

The U.S. energy storage market saw breakneck growth in 2023, shattering previous installation records across multiple segments, as the country added 8.7 GW of new energy...

March 22, 2024

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Staff

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Ministry Notifies Rules for Leasing Offshore Wind Sites

Leased areas for offshore wind energy projects will be valid for an initial three-year period for conducting resource measurements and surveys, according to the Offshore...

December 22, 2023

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Mercom Staff

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Daily Wrap-up
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US Installs Record 7.3 GWh Energy Storage Capacity in Q3 2023

The U.S. energy storage market installed 7,322 MWh in the third quarter (Q3) of 2023, the highest capacity in a quarter to date, according to the U.S. Energy Storage...

December 14, 2023

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Staff

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Energy Storage

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Markets & Policy
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US Solar Power Capacity Soars to 6.5 GW in Q3 2023, Reflecting 35% YoY Rise

The U.S. installed 6.5 GWdc of solar power project capacity in the third quarter (Q3) of 2023, a 35% year-over-year (YoY) increase and a 1% rise from the previous...

December 12, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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APAC to Invest $3.3 Trillion in Power Generation with Focus on Renewables: Report

The Asia Pacific (APAC) region is forecast to invest $3.3 trillion in power generation over the next decade, with a strong focus on renewables. Wind and solar energy...

October 6, 2023

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Staff

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Other

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Renewable Energy
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US Adds 5.6 GWdc of New Solar Capacity in Q2 2023: Report

The U.S. solar industry installed 5.6 GWdc of new capacity in the second quarter (Q2) 2023, a year-over-year increase of 20%, according to the U.S. Solar Market Insight...

September 8, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar

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Uncategorized
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Daily News Wrap-Up: NTPC’s Solar Module Supply Tender for 1,255 MW projects

NTPC Renewable Energy, a wholly owned subsidiary of NTPC, has invited bids for the supply of 1.58 GW of crystalline solar bifacial modules with a minimum wattage output...

September 4, 2023

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Mercom Staff

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Daily Wrap-up
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US, Europe Drive Increase in Global Wind Turbine Orders by 12% YoY in 1H 2023

Global wind turbine orders recorded a 12% year-over-year increase in the first half (1H) of 2023 with 69.5 GW of order activity, according to the global research and...

September 1, 2023

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Satish Shetty

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Markets & Policy

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Wind
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Daily News Wrap-Up: India’s Solar Imports and Exports Rise YoY in Q2 2023

India exported solar cells and modules worth $463.8 million (~₹38.6 billion) in the second quarter (Q2) of calendar year 2023, a staggering year-over-year increase of 1,...

August 21, 2023

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Mercom Staff

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Daily Wrap-up
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Global Offshore Wind Supply Chain Expansion Hinges on $27 Billion Investment by 2026

To achieve a fivefold increase in annual offshore wind installations (excluding China) by 2030, the global supply chain will need a secured investment of $27 billion by...

August 18, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Despite Headwinds, US Community Solar Sector Poised to Surpass 6 GW in 2023

Community solar installations in the U.S. have displayed a downward trend, with a 6% decrease reported in 2022 and a 13% decline during the first quarter of 2023,...

August 9, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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South America Set for 122% Expansion in Onshore Wind Power by 2032: Report

The expansion of the free market is expected to be a major driving force behind the growth of onshore wind energy in South America over the next decade, according to a...

July 13, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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US Grid-Scale Energy Storage Installations Drop by 33% in Q1 2023

The energy storage market in the U.S., including grid-scale, residential and community, commercial, and industrial segments, experienced a 26% decline in the first...

June 15, 2023

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Gautamee Hazarika

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Energy Efficiency

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Energy Storage

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Market & Policy
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In the Best Quarter Ever, US Solar Installations Grow 47% YoY to 6.1 GW

Solar installations in the United States grew 47% year-over-year (YoY) to 6.1 GW during the first quarter (Q1) of 2023, recording the best initial quarter for the...

June 8, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Global Wind Turbine Orders Rise by 27% in Q1 2023, Setting New Record

Global wind turbine order intake during the first quarter (Q1) of 2023 surges by 27% year-over-year (YoY), reaching 23.5 GW, a record high so far, given the increase in...

May 31, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind

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