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The Renewable Systems and Technology team is responsible for developing and managing cutting-edge market intelligence solutions, delivered through our comprehensive suite of software-as-a-service (SaaS) products, including price benchmarking, cost escalation, forecasting, renewable asset cost estimating, commodity exposure, supply chain risks, carbon (GHG) emissions, and much more. Our clients primarily leverage these insights for strategic planning, […]
The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […]
China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […]
The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […]
Working together with our global Commodities, Scenarios, Product, Technology and Consulting teams , this role will be responsible for building and maintaining new demand models across key sectors such as transportation, residential, commercial, industrials and transformation processes. You will support the development of both energy and/or material demand analysis and will own Wood Mackenzie’s proprietary […]
Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […]
As a Principal Consultant, you will be one of the first hires for the Supply Chain Consulting team in Wood Mackenzie’s Gurugram office and will in part be responsible, with support from counterparts in the US office, for all aspects of setting up and running the location. This includes everything from initial office setup and operations […]
The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […]
Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […]
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