Both Growth and Evolution Hand in Hand in Lithium Storage Updated On Tue, Aug 25th, 2020 by Saurenergy A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
GoodWe Tops Among Global Hybrid Inverter Suppliers in 2019: Report Updated On Fri, May 8th, 2020 by Saurenergy With more than 15 percent global market share, a leading solar photovoltaic (PV) inverter manufacturer, GoodWe ranked No.1 among hybrid inverter suppliers globally, as per the global energy research & consultancy firm. According to the report published by Wood Mackenzie, or WoodMac, titled ‘Global PV Inverter Market Shares Full-Year 2019’, GoodWe has been ranked no. […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
Growatt among Top 10 Global PV Inverter Suppliers in 2019: Report Updated On Tue, Apr 28th, 2020 by Saurenergy With total shipments reached more than 126 GW (or 126,735 MW), the global photovoltaic (PV) inverter shipments grew by 18 percent in 2019 on a y-o-y basis, as said by the global energy research & consultancy firm. As per the new analysis done by Wood Mackenzie, or popularly known as WoodMac, the top 10 global […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
