Post Tagged with: "market research"

IHS Markit: Lithium-ion battery cell average cost to fall below $100 per kWh by 2023

IHS Markit: Lithium-ion battery cell average cost to fall below $100 per kWh by 2023

September 23, 2020 at 11:11 am 0 comments

The average cost of a lithium-ion (Li-ion) battery cell will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of a li-ion cell is expected to decline further through the end of the decade, to asRead More

Non-utility solar installations definitely slowed by Covid in Q2, says SEIA, Wood Mackenzie

Non-utility solar installations definitely slowed by Covid in Q2, says SEIA, Wood Mackenzie

September 10, 2020 at 11:37 am 0 comments

The U.S. solar market installed 3.5 gigawatts (GW) of new solar PV capacity in Q2 2020, only a drop of 6% from Q1 installations, but that’s propped up by utility-scale projects (71% of total capacity brought online). The U.S. Solar Market Insight Q3 2020 report, released today by the SolarRead More

United States energy storage sector hits deployment record in second quarter (residential up 28%)

United States energy storage sector hits deployment record in second quarter (residential up 28%)

September 8, 2020 at 11:26 am 0 comments

According to Wood Mackenzie and the U.S. Energy Storage Association’s latest ‘US Energy Storage Monitor’ report, 168 megawatts were deployed in second quarter of 2020. This is an increase of 72% quarter over quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind the fourth quarterRead More

Stat of the day: Solar electricity expands by 22 percent in first half of 2020

Stat of the day: Solar electricity expands by 22 percent in first half of 2020

August 27, 2020 at 11:36 am 0 comments

The latest issue of the U.S. Energy Information Administration (EIA)’s “Electric Power Monthly” (with data through June 30, 2020) reveals that solar and wind both showed continued, strong growth, expanding faster than all other energy sources. For the period January – June, solar-generated electricity – including distributed solar – expandedRead More

big data

Solar stats of the week, including 50,000 California homes adding storage

August 19, 2020 at 3:59 pm 1 comment

With our Terminator-style data vision turned on, we scoured the internet for solar market stats this week. Here’s what caught our eye. Loans outpace leases in 2019 The numbers are in and loans accounted for 54 percent of the U.S. solar financing market in 2019, according to WoodMackenzie’s new report —Read More

Six takeaways from LevelTen’s Q2 2020 North American PPA Price Index

Six takeaways from LevelTen’s Q2 2020 North American PPA Price Index

July 29, 2020 at 12:09 pm 0 comments

The LevelTen Energy PPA Price Index shows how the global pandemic has impacted the renewable energy industry and tracks solar and wind prices, contracts and project size across the North American market. What’s new in Q2? • Quarter-over-quarter, across markets, an evenly weighted index of P25 wind and solar pricesRead More

GlobalData: Proposed ITC extension could bump solar, wind over 25% share of installs

GlobalData: Proposed ITC extension could bump solar, wind over 25% share of installs

July 29, 2020 at 11:42 am 0 comments

The proposed Investment Tax Credit (ITC) extension is greatly welcomed by power industry associations and developers. Cost-effectiveness is better observed in these large-scale utility projects, as they achieve break-even faster – as the generation is bartered for the long term. Hence, GlobalData expects that rejection of the extension would greatlyRead More

Renewable energy now provides a quarter of all U.S. electricity

Renewable energy now provides a quarter of all U.S. electricity

July 27, 2020 at 10:14 am Comments are Disabled

Renewable energy sources (biomass, geothermal, hydropower, solar, wind) produced significantly more electricity than either coal or nuclear power during the first five months of 2020, according to a SUN DAY Campaign analysis of just-released data from the U.S. Energy Information Administration (EIA). In May alone, renewable sources accounted for moreRead More

2019 saw a record number of microgrids installed in the United States

2019 saw a record number of microgrids installed in the United States

July 22, 2020 at 10:54 am Comments are Disabled

Five hundred and forty-six microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined 67% of these projects. While 2019 saw a record numberRead More

Guess who is turning to solar energy to power field operations: Oil and gas companies

Guess who is turning to solar energy to power field operations: Oil and gas companies

July 16, 2020 at 11:21 am Comments are Disabled

Oil and gas companies are starting to utilize such zero-carbon sources to reduce carbon emissions associated with operations, according to a new database and analysis by IHS Markit of these types of renewable energy projects. “There is a striking pace of growth over the past few years and a dynamicRead More